Litecoin continues its tortures around $3.50, and can’t decide which direction to move in next. LTC:BTC tested the level of 0.008 and now tries to jump from this level. While Bitcoin decreases, Litecoin is counterbalancing at around $3.50. A one days growth of the DASH price by 20% came as a surprise, especially after yesterday's growth of more than for 12%. Having jumped from 0.0067 to 0.0087, DASH remains in first place when measured by trading volume, having left ETH far behind. It means that DASH has excellent prospects in the coming year. As a result, the chart of DASH for December....
The ETHUSD, LTCSUD, and DASHUSD markets are all undergoing mild upward trends. The coming week could bring radical changes.
Ethereum’s price is fortifying at the medium-term level of $9-10. A rebound off $10.21 could become the peak of a correction within the downward trend, unless the price manages to form a turn to growth.
The fortification indicates that the odds are lying with an upward trend, but for a more certain signal, Ethereum’s price has to form a turnaround wave by fortifying at the level of $10 and breaking through the peak of the trend again. Until....
Since August 31st, 2015, when DASH left the largest exchange Bitfinex this cryptocurrency has had to cope with difficult times. Despite its technical originality and regular updates the DASH price continues its downtrend. Most traders are not ready to wait for DASH to be recognized. But, on the level 0.05 - 0.06 it could be a good time to buy, as the number of masternodes isn’t falling, which means that we are talking about speculative attacks.
The altcoin markets were dominated by upward trends this week. Will that growth continue into the new week?
Ethereum’s price has formed a weekly flat. That was expected because the price has reached a long-term resistance line where a change of cycles usually happens.
For either an upward or a downward medium-term trend to begin Ethereum’s price has to form a structure which will clearly indicate which side holds the advantage. If it fortifies at $9.5 and forms a turn to growth it will display that the bulls are a majority. In that case, a medium-term upward....
The current upward dynamics on Ethereum and Litecoin markets have the potential to grow into medium-term upward trends. The price of Dash is close to an important long-term level where a long-term upward trend may continue.
Ethereum’s price is in a rebound after a continuous fall. This upward movement is natural, because there was no turn in the long-term scope.
This rebound can grow into a turn to growth if the upward trend’s structure isn’t disrupted. The level of $7.5 is responsible for the continuation of the downward trend, provided that....