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Topic: Chart of the Day | Today's big Correction (Read 193 times)

member
Activity: 266
Merit: 10
January 16, 2018, 11:49:23 PM
#4
Based my analysis, all coin cryptocurrency values have decreased, many causes factors such as Chinese government and Korean government policy issues to prohibit all trading and mining activities, and chinese new year events where many investors sell their coins for Chinese New Year celebrations, according for the majority of money flowing in and out, for now asia dominates in crypto trading and mining by volume, hopefully after Chinese New Year coins cryptocurrency values rise again, if that happens i hope we will get some chance to gain profit in the future
Right, those 2 big countries cause the market to FOMO and now the market crash. I dont know what they will do in future but we must careful when playing with these 2 countries.
member
Activity: 196
Merit: 12
January 16, 2018, 10:26:33 PM
#3
Based my analysis, all coin cryptocurrency values have decreased, many causes factors such as Chinese government and Korean government policy issues to prohibit all trading and mining activities, and chinese new year events where many investors sell their coins for Chinese New Year celebrations, according for the majority of money flowing in and out, for now asia dominates in crypto trading and mining by volume, hopefully after Chinese New Year coins cryptocurrency values rise again, if that happens i hope we will get some chance to gain profit in the future
full member
Activity: 294
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
January 16, 2018, 06:19:43 PM
#2
Ripple is today's big correction through the day's trading session. In what seems to be a market-wide bearish trend, XRP/USD markets go through a harsh correction that's costing the currency's price more than 40% through the last 24 hours.



Chart Source:
https://cryptocoincharts.info/pair/xrp/usd/bitstamp/today


XRP and XVG seem to be some of the biggest losers, it's no coincidence that two of the biggest gainers in the massive pump are the two that get hit the hardest, the question now is will they recover back anywhere close to previous ATH levels or will they remain where they are or even slide towards their previous levels?
full member
Activity: 197
Merit: 100
Valerie, spokesperson for cryptocoincharts.info
January 16, 2018, 05:30:41 PM
#1
Ripple is today's big correction through the day's trading session. In what seems to be a market-wide bearish trend, XRP/USD markets go through a harsh correction that's costing the currency's price more than 40% through the last 24 hours.



Chart Source:
https://cryptocoincharts.info/pair/xrp/usd/bitstamp/today
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