voskobojn
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May 19, 2021, 01:17:39 PM |
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Ethereum at Record Highs as the Cryptocurrency Traders Diversify from BitcoinThe cryptocurrency market appears to have reached a point where investors look beyond Bitcoin. Up until recently, Bitcoin was the only game in town, responsible for the overall movements in other crypto coins. However, things changed dramatically as Ethereum has recovered faster than Bitcoin from last month’s move lower. Investors may remember that Bitcoin dropped from over $60k to $47k in less than 24h, creating a similar move in most altcoins. However, it recovered but was not able to make a new high. Ethereum did and now trades above $4,000 for the first time in history. Read more: https://www.fxopen.blog/ethereum-at-record-highs-traders-diversify-from-bitcoin/
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voskobojn
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May 19, 2021, 01:20:01 PM |
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BTC and XRP – Correction likely to continueThe price of Bitcoin reached $59,544 at its highest point yesterday from its prior higher low of $53,170 on the 5th of May. This rise of 12.24% was stopped as the third unsuccessful attempt to surpass the zone above the $60,000 which is why we have seen a decrease of 10% measured to its lowest spike of $53,530. Currently, the price is being traded at around $55,440 as it managed to snap back quickly up above the significant horizontal level. Read more: https://www.fxopen.blog/btc-and-xrp-correction-likely-to-continue/
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voskobojn
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May 19, 2021, 01:47:51 PM |
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BTC/USD The price of Bitcoin has been on a decline since the 10th of May when it reached a high of $59,512. From there we have seen a decrease of 29.3% so far as it fell down to $42,180 at its lowest point. It is currently retesting those low levels for support and it appears to have stabilized as it made another attempt to continue its downward trajectory but bounced off of the low levels. Now it is moving slightly to the upside and is being traded at $44,923. Read more: https://www.fxopen.blog/btc-and-xrp-further-downside-looks-more-likely/
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voskobojn
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May 27, 2021, 05:49:48 AM |
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LTC and EOS – Have we seen the completion of the downfall?LTC/USD The price of Litecoin has been on a decline since the 10th of May when it reached $413 at its highest point. From there we have seen a decrease of 64.88% as it fell to $145 at its lowest point yesterday. We have seen a recovery taking place with the price currently being traded at $211 and is still in an upward trajectory. Read more: https://www.fxopen.blog/ltc-and-eos-have-we-seen-the-completion-of-the-downfall/
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voskobojn
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May 27, 2021, 05:52:12 AM |
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Cryptocurrencies Tumble in April – What Comes Next?Over the weekend, the cryptocurrency market took another tumble. Bitcoin fell more than 10% and tested the $32k level before bouncing. Also, Ethereum and other cryptocurrencies have lost more, with most of the coins down over 50% in April. It all started with Elon Musk, the CEO of Tesla, tweeting at the start of the trading month that the company will not accept Bitcoin as payment for the purchasing of its electric vehicles. As such, Bitcoin collapsed, and other digital assets followed the same path. Read more: https://www.fxopen.blog/cryptocurrencies-tumble-in-april-what-comes-next/
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voskobojn
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May 27, 2021, 05:55:03 AM |
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BTC and XRP – Starting impulse to the upside likely developingBTC/USD The price of Bitcoin has recovered significantly from Sunday’s low of around $32,000 as it made an increase of 27% measured to its highest point today at $39.723. Since then we have seen a minor pullback with the price currently being traded at $37,896 and moving to the downside again. Read more: https://www.fxopen.blog/btc-and-xrp-starting-impulse-to-the-upside-likely-developing/
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slaman29
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May 27, 2021, 09:48:22 AM |
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The price of Bitcoin has recovered significantly from Sunday’s low of around $32,000 as it made an increase of 27% measured to its highest point today at $39.723. Since then we have seen a minor pullback with the price currently being traded at $37,896 and moving to the downside again.
Struggling right now and seesawing from 36-39k, could not stay up above 40k so that's the worrying point for most speculators. Or maybe there is just a big order wall to sell at 40k that eats every demand up at this point. 2 more days to the weekend maybe we get more idea about direction when US wakes up I guess and see where their buying/selling takes us?
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voskobojn
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June 29, 2021, 09:06:26 AM |
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LTC and EOS – IndecisionLTC/USD The price of Litecoin has bee on the rise since the 30th of May again after it came down to $157.3 from $207. It reached today $197 at its highest point and is now making a minor pullback. Read more: https://www.fxopen.blog/ltc-and-eos-indecision/
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voskobojn
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June 29, 2021, 09:08:57 AM |
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BTC and XRP – Breakout seen with further downside expectedBTC/USD The price of Bitcoin has been on a decline since yesterday and from its high at $36,742 made a decrease of 11.67% measured to its lowest point today at $32,455. Currently, it is sitting at $32,850 as a minor recovery was made but the picture still looks breaking with more downside expected. Read more: https://www.fxopen.blog/btc-and-xrp-breakout-seen-with-further-downside-expected/
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voskobojn
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June 29, 2021, 09:17:08 AM |
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BTC and XRP – Recovery could end soonBTC/USD The price of Bitcoin has been on the rise since the 8th of June when it fell to the $31,000 zone again. From there we have seen an increase of 31% measured to its highest point yesterday at $40,750. Now it is being traded slightly lower but is still in an upward trajectory overall. Read more: https://www.fxopen.blog/btc-and-xrp-recovery-could-end-soon/
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voskobojn
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June 29, 2021, 09:36:12 AM |
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LTC and EOS – Was the correction over?LTC/USD The price of Litecoin has been in recovery from the 8th of June when it fell to around $146 at its lowest point. From there the price went on to form a higher low and higher high to $180 area, breaking out from the symmetrical triangle in which it was since the 27th of May. Today we have seen a pullback as a retest of the prior resistance for support, and as support was present we have seen a bounce from there. Currently, the price is being traded at $172.5 area and is still moving in an upward trajectory. Read more: https://www.fxopen.blog/ltc-and-eos-was-the-correction-over/
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voskobojn
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June 29, 2021, 09:39:30 AM |
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BTC and XRP – Recovery shortly expectedBTC/USD The price of Bitcoin has been on a decline since the 15th of June when it was trading at $41,151 at its highest point. From there we have seen a decrease of 24.5% measured to its lowest point today at around $31,240. Now the price is slightly higher but is currently testing the horizontal support level from the 23rd of May. Read more: https://www.fxopen.blog/btc-and-xrp-recovery-shortly-expected/
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voskobojn
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June 29, 2021, 09:41:24 AM |
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LTC and EOS – The start of a another recovery seen most likelyLTC/USD The price of Litecoin has been on the rise since Tuesday when it came down to $104.9 at its lowest point. From there we have seen an increase of 27% as it reached $133.3 at its highest point today. Currently, it is trading slightly lower but is still in an upward trajectory. Read more: https://www.fxopen.blog/ltc-and-eos-the-start-of-a-another-recovery-seen-most-likely/
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voskobojn
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July 22, 2021, 06:29:42 AM |
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BTC and XRP – Breakout from the range will dictate the next trendBTC/USD The price of Bitcoin has been on the rise since the 26th of Jun and made it back to the $36,000 area on the 29th. From there we have seen a descending move with the price moving sideways after. Currently, it is being traded at $$33,893 and made a lower high today compared to yesterday’s one and is moving to the downside. Read more: https://www.fxopen.blog/btc-and-xrp-breakout-from-the-range-will-dictate-the-next-trend/
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voskobojn
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July 22, 2021, 06:33:27 AM |
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LTC and EOS – Further lows expectedLTC/USD The price of Litecoin reached $148 on the 4th of July which was the same level as on the prior high. From there we have seen the start of a descending move and is currently being traded at $130 and is still in a downward trajectory. Read more: https://www.fxopen.blog/ltc-and-eos-further-lows-expected/
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voskobojn
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July 22, 2021, 06:38:18 AM |
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Crypto investors are looking for reasons to be optimisticThe market has entered a consolidation zone after the anomalous activity of May 19, with fluctuations framed by a narrowing triangle formation. Currently, no significant news reports are affecting the market, and the volumes are fading. This situation is reminiscent of the calm before the storm. What will the storm be like and when will it happen? Optimists are looking for arguments that would signify a resuming growth. Analysts point to the outflow of bitcoins from cryptocurrency exchanges (see fig. 2), as evidenced by data (see fig. 1) collected by the Glassnode agency. Blue arrows on the chart indicate that previous outflows occurred against the backdrop of rising quotes. Therefore, the current outflow, according to analysts, could be a bullish harbinger. Read more: https://www.fxopen.blog/crypto-investors-are-looking-for-reasons-to-be-optimistic/
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voskobojn
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July 22, 2021, 06:48:44 AM |
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BTC and XRP – Once again moving to the downsideBTC/USD The price of Bitcoin has been falling downwards and made a decrease of 9.14% from Sunday’s high of $32,289 to its lowest point today at $29,336. It has broken the significant horizontal support zone and is currently interacting with the descending support level from the channel in which it was since the ending days of May. Read more: https://www.fxopen.blog/btc-and-xrp-once-again-moving-to-the-downside/
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