Daily price analysis BTC + ALTCOINS

[karim30]

Hopefully bitcoin and altcoin prices will come back soon. Bitcoins are at $ 6,300 and other altcoins are falling. I hope to see a positive sign of the cryptocurrency market next week

[Arceusz]

Actually as of now the market value bitcoin and altcoin in the market is quite recovering from the loss they incurred during the past two quartes of the year,
I hope they can exceed the price of dec. 2017.

[Dany44]

Bitcoin Cash, Litecoin, Neo, IOTA, QTUM Flat, But Changes Near: Price Analysis, July 12



For top 20 cryptocurrencies, the next step is around the corner

The crypto market “was sleeping” on Wednesday as nothing serious happened. Most of the major cryptocurrencies remained flat as buyers and sellers have found a balance. However, this situation is likely to change in the nearest future.

There are no events to affect coin prices currently, but we are going to mention a couple of interesting news here. The Korean Blockchain Association has tested local exchanges and stated that 12 major trading places have a high-security level. It is important to mention, that the majority of those exchanges were subject to hacker attacks in the past.

McAfee’s war against HitBTC still rages on. He has lost the first round as his verbal calls remained almost unnoticed by the crypto community. Famous coins and ICOs’ oracles decided to make another round of war, but this time, McAfee and collected all the information from the victims of this exchange in order to start a  legal procedure.

Bitcoin Cash (BCH/USD)

Bitcoin Cash has broken its uptrend on Tuesday-Wednesday and declined. The currency pair added almost nothing in the past 24 hours as we have a very narrow flat situation on the chart. It is hard to say whether bulls or bears are going to take control over the market.



The currency pair has broken through the green ascending trend line and successfully tested the support area at $720.1. It stays below this level in the moment of writing. The currency pair is close to June’s lows but it is hard to say currently whether BCH/USD is going to reach them or reverse from the current position.

We give a chance for both scenarios on Thursday as there are no signals or even hints on future price fluctuations currently. We think that bears still have power and control over the market and are able to push Bitcoin Cash to June’s lows. Perhaps, this scenario is vital.

However, bulls prevent them from smashing the price currently. Buyers also have a chance to reverse the situation in their favor.

Litecoin (LTC/USD)

Litecoin fluctuated in a wider range on Wednesday. Litecoin added half a percent in the past 24 hours, but the situation remains neutral. Neither sellers nor buyers control the market currently.



Litecoin has successfully tested the ascending trend line on Tuesday and has broken through the support area at $78.62 later. The currency pair currently stays below this level. There is a kind of bearish flag pattern on the four hour chart.

If the flag works, we think that Litecoin will be able to test June’s lows in the nearest future. The target for the currency pair lies at the support area of $73.28. This is the first and nearest target for LTC/USD.

The alternative scenario for the currency pair is growth towards the resistance area at $84.44. However, we think that this one is less probable in the nearest future.

NEO (NEO/USD)

NEO stopped declining on Thursday. The currency pair is flat currently. NEO/USD has lost almost two percent in the past 24 hours. However, the situation remains neutral as bulls and bears have found balance.



NEO has broken through the ascending trend line and declined towards the support area at $32.31. The currency pair attempted several times to test this level, but bulls still hold their positions. There are no signals currently.

As for the scenarios, there are two of them. Bears are able to push NEO/USD lower targeting June lows at the support area at $27.78. This bearish scenario has 50 percent probability currently. The other way for NEO/USD to break through the resistance area at $36.45 and move higher, targeting the next resistance at $40.30.

Take a look at IOTA (IOTA/USD) and QTUM (QTUM/USD) Price Analysis, July 12

[bluemoon84]

 I see you are actually going for a serious analysis of crypto markets and I respect that, because I usually try to do the same. The problem is that we just keep.During Thursday’s trading, the minimum price of BTC was A$6,660, which is 13 percent less than the previous day. Predictably, dominance grew - to 45.5 percent.

[Dany44]

I see you are actually going for a serious analysis of crypto markets and I respect that, because I usually try to do the same. The problem is that we just keep.During Thursday’s trading, the minimum price of BTC was A$6,660, which is 13 percent less than the previous day. Predictably, dominance grew - to 45.5 percent.

BTC min price on Thursday was $6,377, wasnt it?

[Siren]

I love those Fuck words on the chart looks like high risk position lol

Well i might say ,continue to make this analysis and helps people understand whats the real score of the market and what would they might react upon this flow .thanks for this one and looking for many of this

[Dany44]

Bitcoin, Ethereum, Ripple, EOS, NEM at Bearish Targets, U-Turn Nears: Price Analysis, July 13



Bitcoin and its rivals almost reached their lows, but U-turn is close

The cryptos from the top 20 developed their bearish tendencies and reached our targets that we have set previously. However, sellers are unable to push currencies lower and we can see that the major cryptos are ready for U-turn.

The majority of coins have almost reached their June lows, where huge support lies. However, sellers have no power to develop their progress as the prices retreated from there, staring a correction.

As for the interesting news, there are a couple of things we want to mention. The first one comes from China. The Yuan is no longer the major player in the cryptocurrency market as its volumes declined from 90 to one percent. However, this does not mean that Chinese traders and investors are no longer important players on the cryptomarket. They choose other ways to buy and sell cryptocurrencies.

Another interesting fact comes from the Bancor exchange, which is operational again after a pause, related to a hacker attack. They have already reached a $2.5 mln per day volume. However, the local coin still fails to reverse its tendency and remains red.

Bitcoin (BTC/USD) price analysis, July 13

The currency pair went downwards according to the bearish scenario but failed to reach June lows and makes a U-turn currently. Bitcoin losses for the last 24 hours are non-significant and BTC/USD shows signs of a correction.



Bitcoin has successfully broken through the support area at $6,329 in the past couple of days and moved lower. The currency pair reached $6,071 support area but BTC price retreated from there showing that bulls have prepared a very strong defensive line there.

There are no signals from price action neither from graphic patterns currently but we think that Bitcoin is going to start an upside correction at least which is able to become an uptrend in the future. The closest target for the growth is at $6,329. We think that BTC/USD aims at $6,510 in the next couple of days.

There is an alternative scenario as well, which is less probable at the moment. Bitcoin will test the support area at $6,071 and if successful, bears will push it lower.

Ethereum (ETH/USD) price analysis, July 13

Bears were trying to develop their progress in the past couple of days but had not enough power to do it. ETH price remained almost unchanged in the past 24 hours meaning the bulls have built a strong support line there.



Ethereum reached the support area at $417.28 but retreated from there. ETH price returned above the $31.42 line. The bearish flag worked, but we think that ETH/USD is going to start a correction in the nearest future.

We can see a bullish hammer on the four-hour chart and this is a strong signal. We think that ETH/USD is going to develop its upside tendency targeting the next resistance area at $453.24 at least. If bulls are successful, they will be able to develop their progress even higher.

A bearish scenario is less probable. However, let’s see what the sellers can do. Their first target is at the $417.28 support line. The next one lies lower at June lows.

Ripple (XRP/USD) price analysis, July 13

Ripple reached June lows and makes a U-turn there. The currency pair has lost less than one percent in the past 24 hours as its downside tendency slows down significantly. We think that bulls are now in the game and they are going to develop this upside correction in the nearest future.



Ripple has reached the support area at $0.4232, but bullish defensive lines were strong and the price retreated from there. Bulls are taking control over the market and drive the currency pair towards the resistance area at $0.4495.

There is no price action nor pattern signals, but it is almost clear that the buyers are going to test the resistance at $0.4495 in the nearest future and will target the next resistance at $0.4744 at least.

As for the alternative scenario, bears will be able to retest the support area at $0.4232 and push the currency pair lower. However, this one is less probable.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 13

[LoverOfBitcoin]

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[quynhtrang666]

Thank you for your report and chart. The bitcoin price is stable. But bitcoin and altcoin prices are dropping today

[TheNotoriouss]

Wow, interesting, also checked article about Kelvin Blockchain, interesting project It is very flexible and adaptive, which makes it a perfect choice for implementation of the new blockchain projects and platforms.

[Salamita]

This is really good, I like this analysis

[worldofcoins]

It looks like exchange coins are doing well as the market turns bearish, maybe it's a good idea to keep a track on Kucoin shares and binance token, as those have shown to resist the negative trend that we've seen for the past few days.

[JohnWick_Bitcoin]

Hopefully bitcoin and altcoin prices will come back soon. Bitcoins are at $ 6,300 and other altcoins are falling. I hope to see a positive sign of the cryptocurrency market next week

Most of the pumping time are always at the end of the year so hold your coins today in order to earn more profit and avoid selling your coins today because it will only make you lose more investments.

[hgsteknoloji]

Looking at the btc charter it looks like we have 3 impulse waves down now so should expect a bit more of a correction at the very least

[Dany44]

Bitcoin, Ethereum, Ripple, EOS, NEM in Green, New Targets in Focus: Price Analysis, July 16



Bitcoin and altcoins develop their upside correction, new targets in focus

Bitcoin and the altcoins remained calm during the weekend as the volatility was low, cryptocurrencies still go towards their goals but without huge fluctuations.

Interesting news comes from the Bitcoin community where half of its Lightning Network capacity was reached by just one person. But overall the news background has been calm over the weekend as there were no events that are able to provoke significant volatility growth.

As most of the cryptos went slightly upwards, one of the second-tier coins has shown huge growth. KickCoin (KICK) shot up 21 percent as somebody is buying this coin big way. The company is hiring all over the globe now, with open positions including EOS developers (KICK is an ERC20 token so currently, it’s working on Ethereum).  Reportedly KickCoin may be listed on a large crypto exchange soon.

Bitcoin (BTC/USD) price analysis, July 16

Bitcoin has added less than two percent in the past 24 hours but looks bullish. BTC price went upwards during the weekend and continues its upside correction. BTC/USD failed to reach June lows and seems to target new tops.



The currency pair has tested $6,071 support area on Friday but retreated from there and went upwards later according to our forecasts. BTC/USD has successfully tested the resistance area at $6,329 and went above this level. The currency pair remains above in the moment of writing targeting the next resistance.

What is the main scenario for today? We stick to the same targets that we have established on Friday. BTC price can reach the next resistance area at $6,510 on Monday-Tuesday. However, if bears take control of the market, they will be able to break through the support area at $6,329 targeting the next support at $6,071. This scenario is less probable.

Ethereum (ETH/USD) price analysis, July 16

Ethereum has added almost three percent in the past 24 hours as the currency pair stopped to decline and started its bullish correction. ETH/USD failed to reach June lows and went upwards instead meaning bears are losing control over the market.



Ethereum tested $431.42 support area several times but failed to break through it. The currency pair went upwards during the weekend and reached our targets at $453.24. The currency pair is currently fluctuating close to this resistance.

We can see a bullish flag pattern forming on the four-hour chart. If it works, the currency pair will be able to jump over the resistance area at $453.42 and move higher, targeting new resistance at $473.39. This is the main scenario for today.

If buyers fail to drive the currency pair higher, we think ETH/USD will retreat towards the closest support area at $431.42 at least.

Ripple (XRP/USD) price analysis, July 16

Ripple has added less than two percent in the past 24 hours. The currency pair reached June lows on Friday but failed to establish new ones and reversed. The currency pair seems to develop its bullish correction in the moment of writing.



Ripple has tested the support area at $0.4232 but retreated from there. The currency pair went upwards and reached the first resistance area at $0.4495 during the weekend. XRP/USD stays close to this level in the moment of writing.

We can see a bullish flag pattern on the four-hour chart which forms below the resistance area at $0.4495. It may result in further growth towards the next resistance at $0.4744. This scenario is the most probable for Monday-Tuesday.

However, if bears regain control over the market, they will be able to push the currency pair lower targeting the support area at $0.4232.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 16

[Dany44]

Bitcoin, Ethereum, Ripple, EOS, NEM Bulls Take Control, Significant Gains Across Board: Price Analysis, July 17



Bitcoin price, altcoins go up, bulls take control of the market again

Bitcoin price and the prices of altcoins developed their upside progress Monday. The currency pairs have had significant gains in the past 24 hours. A bullish mood is returning to the market which may result in higher prices.

In the news, the Shanghai Stock Exchange looks to introduce distributed ledger technology to improve the  security of trading operations. This will include registration procedures and other important factors.

Coinsuper crypto exchange made a significant step forward as this platform is among the most popular exchanges now. However, some experts accuse the exchange in fake trading volumes.

Bitcoin (BTC/USD) price analysis, July 17

More than five percent added in the past 24 hours. Bitcoin looks very bullish currently as the currency pair is close to July’s tops. We think that BTC/USD is likely to develop this positive tendency and establish new highs in the nearest future.



Bitcoin has reached our targets on Monday as BTC price had a significant momentum. BTC/USD has jumped over a couple of resistance levels including $6,510 and $6,701. This upside momentum is likely to continue on Tuesday.

As for the main scenario, we think that Bitcoin will develop its growth targeting the next resistance at $6,943. There are no signals currently, but the currency pair is above the support at $6,701 and still looks bullish.

However, if bulls will be unable to develop their progress, bears may start a correction targeting the support area at $6,510.

Ethereum (ETH/USD) price analysis, July 17

Ethereum has added more than seven percent in the past 24 hours. The bullish flag is done currently but it helped traders to make the right decision we hope. The currency pair is close to its July’s highs and we think ETH/USD is likely to develop this positive trend in the nearest future.



Ethereum has jumped over a couple of resistance areas including $453.24 and $473.39 and currently is above the last one. ETH/USD looks bullish and we think it is going to reach July’s highs within Tuesday-Wednesday.

The main scenario for today is bullish as well. Ethereum is likely to reach the next resistance area at $500.36. Buyers seem to dominate the market and are likely to develop their progress. However, if sellers take short-term control over the market, they will be able to start a correction towards the support area at $453.24.

Ripple (XRP/USD) price analysis, July 17

Ripple has reached the targets we have set on Monday. The currency pair added almost eight percent in the past 24 hours and looks very strong. Buyers have taken control over the market and drive XRP/USD higher targeting July’s highs.



Let’s have a closer look at the currency pair and the current situation. XRP/USD has passed two resistance areas at $0.4495 and $0.4744 already. Ripple is trading above the last one at the moment of writing. However, we think that XRP/USD looks very promising and is able to reach new tops.

The main scenario for Tuesday-Wednesday is growth towards the next resistance at $0.5088. We think that this target will be reached in the nearest future. There are no patterns currently, but XRP/USD looks very promising currently.

As for the alternative one, Ripple may decline towards the support area at $0.4495. However, sellers will have to jump over the closest support at $0.4744 in this case.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 17

[bluemoon84]

I see you are actually going for a serious analysis of crypto markets and I respect that, because I usually try to do the same. The problem is that we just keep having so many "fake" traps that I really think there is a lot of manipulation going on. The trend is negative right now, and you can probably only play for short bounces.I really like your charting, very well explained. I also admire the posted analysis in your blog. I guess I need to condition my self to become half bull and half bear.

[Howard1102]

Actually as of now the market value bitcoin and altcoin in the market is quite recovering from the loss they incurred during the past two quartes of the year,
I hope they can exceed the price of dec. 2017.

Although the market is recovering in recent times, the price of the market in 2018 is hard to beat the price of the market in 2017. Bitcoin is the most valuable coin in the crypto market. But I guess the real value of Bitcoin is just $ 7000

[tatum506]

Here will be the latest price analysis for BTC and altcoins.
We appreciate your opinion.
Daily reviews are also placed on https://cryptocomes.com/pricewise

The market has been fluctuating strongly over the past few days, you can see that bitcoin prices are rising strongly and this has led to the price of altcoin is also recovering very strong, the market is starting to have Short-term recovery signals.

I think that in long term, bitcoin prices are still in the long-term downtrend and bitcoin prices will drop sharply at any time so be careful of any trading decisions.

[johnwest]

We are seeing some positive trend from this week and hopefully it wont fall to the the $5k bracket again as most of the predictions right now. The resistance is high and it is hard for the people who are trying to dump.