Analysis: Rally Seen in Top 50 Cryptocurrencies
The trend reversal which started two days ago picked up full steam, as all top 50(!) cryptocurrencies showed gains in the past 24 hours. Out of the top 10, Ethereum Classic showed the biggest climb, rising more than 37%. Ripple, Ethereum and IOTA also registered double-digit percentage gains. Ethereum bounces back over $200. After having a rocky start in July, registering many more losing days than winning ones, Ethereum finally gave traders a reason to smile. In the past 24 hours, the world’s second largest cryptocurrency climbed more than 15%, settling well above the $200 mark. Ethereum....
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The Bitcoin price chart can do impossible things and that it why we love it. Each and every Bitcoin speculator has an inner-vision of another spectacular rally, and of them holding bitcoins all the way up! While we wait for that rally, the chart makes fools of you and I. A move higher today, threatens to turn back down - but not too far. We look for targets. 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: 11h35 UTC. Bitstamp 15-Minute....
During yesterday's rally in reaction to the Greek "No" vote, Bitcoin price pushed to the upper 10% envelope of the 1-day 200MA and paused. This little known chart feature, strangely, has halted advance and the question is now whether trade will push higher or turn down from the current levels. xbt.social analysis looks to global markets for clues, as well as technical indications in the Bitcoin price chart. 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.....
Bitcoin has plenty of room to rally, according to a fundamental analysis indicator that flagged the price bottom in March.
Bitcoin price continues sideways trade in a narrowing range. Like most of this week's analysis, today's update presents no new information for regular readers, although incidental readers may be interested in the matter-of-fact commentary below. 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: 15h10 UTC. OKCoin 3Month Forward 15-Minute Chart. From the analysis pages of xbt.social, earlier today: Price is pushing higher within the defined....
Bitcoin Price has made a breakout to the upside and, in doing so, has broken a long-term trendline that has defined decline for over a year. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Price Analysis. Time of analysis: 05h05 UTC. Bitstamp 4-Hour Chart. From xbt.social analysis, this morning: The breakout is significant, not only for showing that the market has chosen the upside, but because in the process a long-term trendline that has rejected advance for over a year has been broken. This confirms our analysis of a change of long-term....