Daily Altcoin Price Analysis: Cryptocurrencies Are Waiting What’s Bitcoin’s Next Move
Litecoin is approaching the level of $3.80 which has been tested many times before. Now everything is dependent on Bitcoin. Whether it will continue moving up or go down in correction. Thus, LTC/BTC pair is standing still on 0.086-0.088. DASH is in the region of 0.06 and constantly decreasing. It’s good to place buy orders at the level of 0.056-0.057, with the targets to get 0.06-0.067. However, no special activity in the market has been noticed. This market is also in expectation of a dependence on the activity of Bitcoin.
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This is the last week of 2015, thus the coming weekend will already belong to the year 2016. The behavior of any cryptocurrencies can be unexpected now, and the market is ready to give out surprises. So far, it is not about Litecoin, which continues its painfully slow movement in the range of $3.40 - $3.60. The previous boundaries of the price corridor of $3.20 - $3.80 were narrowed, that is caused not by definiteness in the movement of Bitcoin’s price. Meanwhile the exchange rates of the LTC:BTC pair made a start from 0.008 and reached 0.0084 for a short period. We must watch closely the....
Do altcoin cryptocurrencies await the performance of Bitcoin? Will Bitcoin fall from the $450 ceiling or push on to levels of $500 and more? Litecoin once again stood at $3.80, and is expected to roughly track Bitcoin’s rise and fall. Previously LTC:BTC had fallen to 0.079, having jumped sharply from 0.084. Now LTC:BTC is at 0.082 and continues to trend down. DASH loses 7% a day against the growth of the Bitcoin price, and goes under the level of 0.06. Bitcoin price growth continuation will lead DASH to fall to a level of 0.05 exchange rate and below, while long-awaited Bitcoin correction....
Litecoin is still standing between two price levels of $3.50 and 3.80, somewhere near $3.60. It seems that situation would only change when the Bitcoin price moves away from $450. DASH bottomed out at a price of 0.056, having lost about 6% in a day. If the Bitcoin price moves up, DASH would probably move to another bottom, but Bitcoin price corrections will give DASH a chance to make a new start from this level. Dogecoin resists the inevitable, holding its price at the level of 30 Satoshi. Last night the price even fell down to 28 Satoshi, so it is not the best idea to place buy orders at....
After yesterday's rise, Litecoin dives down, trying to return to the level of $3.00. Already at $3.08, and a trend doesn’t show signs of a stoppage or downturn. Now traders are interested in whether Litecoin stops at the level of $3.00 or falls below. As it did yesterday, everything depends on behavior of Bitcoin. If it continues to fall, Litecoin will follow. LTC:BTC exchange rate remains a little lower than 0.008. DASH again sets up a record with a daily growth of 70%. Thus, daily trading volumes only on Poloniex are higher than 1000 Bitcoin for several days already. The top of 0.017....
Bitcoin price made a new corrective low today of $239 in the Bitfinex chart although the BTC-China low of 1489 CNY made on the weekend remains intact. Price is currently pushing higher - away from the day's low. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h58 UTC. From the analysis pages of xbt.social, earlier today: Massive orders are building up just below $240, so it is possible that price could bounce at this level to return....