BTC/USD
From last week’s analysis on Tuesday, February 5th when the price of Bitcoin was $3501 the price has decreased at first as the resistance there was too strong for it to break out. Then the price has fallen to $3437 where it was hovering around in a minor horizontal range until Friday, when BTC started increasing exponentially and went from $3440 to $3800 at it’s highest spike. It was an increase of 10.5%.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-in-a-minor-retracement/
Topic: Cryptocurrency Analytics from FXOpen - page 16. (Read 42644 times)
LTC/USD
From yesterday’s open at $34.755 the price of Litecoin has started plummeting down, falling by 5.66% to its lowest point yesterday at $32.774. Since then, the price has gained some upward traction and is currently sitting at around $34 – slightly below yesterday’s price.
Read more: https://blog.fxopen.com/ltc-usd-gained-some-upward-traction-eos-usd-in-a-downtrend/
From yesterday’s open at $34.755 the price of Litecoin has started plummeting down, falling by 5.66% to its lowest point yesterday at $32.774. Since then, the price has gained some upward traction and is currently sitting at around $34 – slightly below yesterday’s price.
Read more: https://blog.fxopen.com/ltc-usd-gained-some-upward-traction-eos-usd-in-a-downtrend/
BTC/USD
At the moment of the last week’s analysis on Tuesday 29th of January, the price of Bitcoin was $3430 at its lowest point. That was the end of the 3rd wave to the downside from the Minute impulsive move, which is the corrective wave Z of a higher degree Minor count. After this downfall from $3707 ended the 4th wave has begun and the price action created an ascending channel in which a Minuette WXY occurred.
The price increased to $3553 at first going higher than the previous lower high on the 4th Minute wave of the 3rd Minute one at $3506 at the 0.618 Fibonacci retracement level and then fell down to $3477, which was a higher low compared to the ending point of the 3rd Minute wave ending point. This was an early indication of the minor uptrend and was continued for another cycle going just slightly above the prior high, but then fell exactly on the same level as the prior low, which is an indication of the momentum slowing down and shifting direction.
Read more: https://blog.fxopen.com/btc-usd-increased-by-2-xrp-usd-raised-by-5-for-a-week/
At the moment of the last week’s analysis on Tuesday 29th of January, the price of Bitcoin was $3430 at its lowest point. That was the end of the 3rd wave to the downside from the Minute impulsive move, which is the corrective wave Z of a higher degree Minor count. After this downfall from $3707 ended the 4th wave has begun and the price action created an ascending channel in which a Minuette WXY occurred.
The price increased to $3553 at first going higher than the previous lower high on the 4th Minute wave of the 3rd Minute one at $3506 at the 0.618 Fibonacci retracement level and then fell down to $3477, which was a higher low compared to the ending point of the 3rd Minute wave ending point. This was an early indication of the minor uptrend and was continued for another cycle going just slightly above the prior high, but then fell exactly on the same level as the prior low, which is an indication of the momentum slowing down and shifting direction.
Read more: https://blog.fxopen.com/btc-usd-increased-by-2-xrp-usd-raised-by-5-for-a-week/
LTC/USD and EOS/USD: downside is expected
LTC/USD
Since last Thursday when the price of Litecoin was $32.3 things haven’t changed much as the price is currently at the same levels.Looking at the hourly chart, you can see that this didn’t happen in a straight line as the price of Litecoin went further up and came to $34.254 from last Thursday’s price, which was on the 0.786 Fibonacci level. But since the price encountered resistance there it was rejected and went down to the next horizontal level to find support, which was slightly above the 0.5 Fibonacci level or in price terms at $30.755.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-downside-is-expected/
LTC/USD
Since last Thursday when the price of Litecoin was $32.3 things haven’t changed much as the price is currently at the same levels.Looking at the hourly chart, you can see that this didn’t happen in a straight line as the price of Litecoin went further up and came to $34.254 from last Thursday’s price, which was on the 0.786 Fibonacci level. But since the price encountered resistance there it was rejected and went down to the next horizontal level to find support, which was slightly above the 0.5 Fibonacci level or in price terms at $30.755.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-downside-is-expected/
LTC/USD
Since last week’s analysis on Thursday 17th when the price of Litecoin was $31.9, the price of the cryptocurrency has been going sideways to $30.755, the lower line from the range, which is stuck, and then to the upper resistance line of the range around $33.742.
EOS/USD
From last Monday 14th, when the price of EOS was at $2.25 at the open, we have seen the price action creating an ascending range with its upper level being at 0.236 and it’s lower a minor uptrend line ,which is parallel to the previous one. It was broken on the Minor Y wave. The price is currently at $2.4945, which is an overall increase of 10.52% measured from last Monday.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-one-more-spike-up-before-further-downside-is-expected/
Since last week’s analysis on Thursday 17th when the price of Litecoin was $31.9, the price of the cryptocurrency has been going sideways to $30.755, the lower line from the range, which is stuck, and then to the upper resistance line of the range around $33.742.
EOS/USD
From last Monday 14th, when the price of EOS was at $2.25 at the open, we have seen the price action creating an ascending range with its upper level being at 0.236 and it’s lower a minor uptrend line ,which is parallel to the previous one. It was broken on the Minor Y wave. The price is currently at $2.4945, which is an overall increase of 10.52% measured from last Monday.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-one-more-spike-up-before-further-downside-is-expected/
BTC/USD
From last week’s analysis on Tuesday 15th when the price of Bitcoin was $3761 measured to the current level of $3560, we have seen a decline of 5.32%.
Looking at the hourly chart, you can see that the price of Bitcoin was steadily decreasing from last Tuesday’s price at first. But then later during the day it dropped by 2% in just one hour coming down from $3713 to $3640, where the ending point of the first wave of the previous impulsive move to the upside or Minute W wave, where some support was established. During the rest of the last week, the price has gone sideways and stuck in a range between $3640 and $3723 (interrupted purple lines).
Finally, on Saturday a breakout from the upside occurred and the price of Bitcoin went from the 0.382 Fibonacci level to 0.5, from $3666 to $3801 in the price terms. But since it was the wave Y from the Minute WXY correction, after all, more downside happened. The price started pulling back steadily at first when the resistance at the 0.5 Fibonacci level was encountered. But when it came down to $3769 it started dropping fast and came down to $3546 in a matter of a few hours, but was supported by the buyers, who immediately pushed the price up to $3578 where the hourly candle closed.
From then, the price has stuck in a minor range between $3564 and $3591 until today, when it attempted a breakout from the downside and spiked down below the 0.236 Fibonacci level. But the price came up back leaving only a wick on the hourly chart.
As the interaction with the expected level for the 5th wave occurred, we are likely going to see a further downfall to that level for a proper establishment of support. Previous sideways movement from 14th of January until 19th was the second wave X from the Minor WXYXZ correction, so the current downward movement is the final wave Z. This might not happen in a straight line as a breakout to the upside might occur as the buyers shown strength previously pushing the price up fast. This might activate buying and chasing of the price.
The target price for the expected ending point of the wave Z would be at around $3367 on the next horizontal level significant enough after the 0.236 Fibonacci level.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-stuck-in-a-range-but-more-downside-expected/
From last week’s analysis on Tuesday 15th when the price of Bitcoin was $3761 measured to the current level of $3560, we have seen a decline of 5.32%.
Looking at the hourly chart, you can see that the price of Bitcoin was steadily decreasing from last Tuesday’s price at first. But then later during the day it dropped by 2% in just one hour coming down from $3713 to $3640, where the ending point of the first wave of the previous impulsive move to the upside or Minute W wave, where some support was established. During the rest of the last week, the price has gone sideways and stuck in a range between $3640 and $3723 (interrupted purple lines).
Finally, on Saturday a breakout from the upside occurred and the price of Bitcoin went from the 0.382 Fibonacci level to 0.5, from $3666 to $3801 in the price terms. But since it was the wave Y from the Minute WXY correction, after all, more downside happened. The price started pulling back steadily at first when the resistance at the 0.5 Fibonacci level was encountered. But when it came down to $3769 it started dropping fast and came down to $3546 in a matter of a few hours, but was supported by the buyers, who immediately pushed the price up to $3578 where the hourly candle closed.
From then, the price has stuck in a minor range between $3564 and $3591 until today, when it attempted a breakout from the downside and spiked down below the 0.236 Fibonacci level. But the price came up back leaving only a wick on the hourly chart.
As the interaction with the expected level for the 5th wave occurred, we are likely going to see a further downfall to that level for a proper establishment of support. Previous sideways movement from 14th of January until 19th was the second wave X from the Minor WXYXZ correction, so the current downward movement is the final wave Z. This might not happen in a straight line as a breakout to the upside might occur as the buyers shown strength previously pushing the price up fast. This might activate buying and chasing of the price.
The target price for the expected ending point of the wave Z would be at around $3367 on the next horizontal level significant enough after the 0.236 Fibonacci level.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-stuck-in-a-range-but-more-downside-expected/
LTC/USD
Last Thursday the price of Litecoin was $39.8. From there it started falling down fast as it came from $39,75 to $32,72 at the lowest point on the same day, which is a drop of 17.5%. The price continued its downward trajectory and reached $32.5 on Friday, but the price stabilized around $32.48 level over the weekend and even started increasing on Sunday when it came up to $33.426. But more movement to the downside has been made from there as the price came down to $30.47 on Monday.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-showing-signs-of-weakness-with-more-downside-expected/
Last Thursday the price of Litecoin was $39.8. From there it started falling down fast as it came from $39,75 to $32,72 at the lowest point on the same day, which is a drop of 17.5%. The price continued its downward trajectory and reached $32.5 on Friday, but the price stabilized around $32.48 level over the weekend and even started increasing on Sunday when it came up to $33.426. But more movement to the downside has been made from there as the price came down to $30.47 on Monday.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-showing-signs-of-weakness-with-more-downside-expected/
BTC/USD
From the start of the week, the price of Bitcoin was in an upward trajectory and has come from yesterday’s open at $3580 to $3801 at its highest point yesterday. Since yesterday’s high, the price has been retracing and is currently sitting at $3729, which is an overall increase of 4.07%.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-more-upside-expected/
From the start of the week, the price of Bitcoin was in an upward trajectory and has come from yesterday’s open at $3580 to $3801 at its highest point yesterday. Since yesterday’s high, the price has been retracing and is currently sitting at $3729, which is an overall increase of 4.07%.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-more-upside-expected/
BTC/USD
From January 1st when the price of Bitcoin was $3797 at its lowest the cryptocurrency price has increased. BTC/USD is currently trading at around $4140 which is an increase of 9%. The price went further up since the start of the year and was $4218 at its highest point so far on Sunday.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-in-a-sideways-movement/
From January 1st when the price of Bitcoin was $3797 at its lowest the cryptocurrency price has increased. BTC/USD is currently trading at around $4140 which is an increase of 9%. The price went further up since the start of the year and was $4218 at its highest point so far on Sunday.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-in-a-sideways-movement/
LTC/USD technical analysis
Since the beginning of the year, the price of Litecoin has been in an upward trajectory increasing exponentially from $30.7. LTC/USD reached $34.970 at it’s highest point yesterday, thus, the growth was around 14%. On Thursday, the altcoin price has decreased from $34.38 to the current level of $33.56. Measuring from January, 1 to the current levels, the pair is still up by 9.22%. But we may see further downside as a minor retracement for Litecoin in the upcoming period.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-downside-expected/
Since the beginning of the year, the price of Litecoin has been in an upward trajectory increasing exponentially from $30.7. LTC/USD reached $34.970 at it’s highest point yesterday, thus, the growth was around 14%. On Thursday, the altcoin price has decreased from $34.38 to the current level of $33.56. Measuring from January, 1 to the current levels, the pair is still up by 9.22%. But we may see further downside as a minor retracement for Litecoin in the upcoming period.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-downside-expected/
Litecoin gains 23%, EOS rockets by 43%
LTC/USD
Since Monday when the price of Litecoin was $26.109 at the open, the cryptocurrency has experienced an increase of 23.33% measured to the current levels on which the coin is being traded at $32.2
Read more: https://blog.fxopen.com/litecoin-gains-23-eos-rockets-by-43/
LTC/USD
Since Monday when the price of Litecoin was $26.109 at the open, the cryptocurrency has experienced an increase of 23.33% measured to the current levels on which the coin is being traded at $32.2
Read more: https://blog.fxopen.com/litecoin-gains-23-eos-rockets-by-43/
BTC/USD
At the moment of our last week’s analysis on Tuesday, December 11th the price of Bitcoin was $3524.5. As the price was in a downward trajectory it kept falling after a small increase and has broken some minor support trendlines in the process line, the minor uptrend line from the December 7th low and the horizontal support level from that low as well and came down to the next significant horizontal level at $3237, which served as support. This whole down move dating from 9th of December when the price of Bitcoin came up to $3713 at its peak is the corrective wave X, which meant that another increase was to be expected to around the same levels or a bit lower than the hight of the W wave ending point.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-have-recovered-but-for-how-long/
At the moment of our last week’s analysis on Tuesday, December 11th the price of Bitcoin was $3524.5. As the price was in a downward trajectory it kept falling after a small increase and has broken some minor support trendlines in the process line, the minor uptrend line from the December 7th low and the horizontal support level from that low as well and came down to the next significant horizontal level at $3237, which served as support. This whole down move dating from 9th of December when the price of Bitcoin came up to $3713 at its peak is the corrective wave X, which meant that another increase was to be expected to around the same levels or a bit lower than the hight of the W wave ending point.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-have-recovered-but-for-how-long/
LTC/USD
At the moment of our last week’s analysis on Thursday, December 6th, the price of Litecoin was around $25.8. From there the price went down to around $23.2 and even spiked further down but the hourly candle has closed above leaving a wick on the hourly chart as you can see below. From there the price went to recover and has increased to $27 but fell again to $23.7.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-more-downside-expected-2/
At the moment of our last week’s analysis on Thursday, December 6th, the price of Litecoin was around $25.8. From there the price went down to around $23.2 and even spiked further down but the hourly candle has closed above leaving a wick on the hourly chart as you can see below. From there the price went to recover and has increased to $27 but fell again to $23.7.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-more-downside-expected-2/
BTC/USD
Since last Monday when the price of Bitcoin was at $4178 at the open, the price has decreased by 17.25% measured to the current levels at $3447.9.
Read more: https://blog.fxopen.com/cryptocurrency-crash-bitcoin-drops-17-ripple-down-21/
Since last Monday when the price of Bitcoin was at $4178 at the open, the price has decreased by 17.25% measured to the current levels at $3447.9.
Read more: https://blog.fxopen.com/cryptocurrency-crash-bitcoin-drops-17-ripple-down-21/
LTC/USD Technical Analysis
Since our last week analysis on Thursday, November 29th, when the price of Litecoin was at $35.14 measured to the current levels at around $29.6, the cryptocurrency has decreased in value by 15.87%.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-reversal-expected/
Since our last week analysis on Thursday, November 29th, when the price of Litecoin was at $35.14 measured to the current levels at around $29.6, the cryptocurrency has decreased in value by 15.87%.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-reversal-expected/
xBTCe is fake exchange controlled by FxOpen to manipulate all their clients
https://bitcointalksearch.org/topic/xbtce-is-fake-exchange-controlled-by-fxopen-to-manipulate-all-their-clients-5078705
https://bitcointalksearch.org/topic/xbtce-is-fake-exchange-controlled-by-fxopen-to-manipulate-all-their-clients-5078705
It can be concluded that the drop has almost reached a minimum, trading is very small and it is almost impossible to make a profit, except for pumps.
LTC/USD
From last Thursday when the price of Litecoin was $35.419 at its open, measured to the current levels on which the crypto is being traded, the price has only decreased by 1.08%. The price did go lower from last Thursdays open, as it was the minor Z wave ending point from which another drop has been made to $27.46 area where the horizontal significant level is.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-short-term-recovery/
From last Thursday when the price of Litecoin was $35.419 at its open, measured to the current levels on which the crypto is being traded, the price has only decreased by 1.08%. The price did go lower from last Thursdays open, as it was the minor Z wave ending point from which another drop has been made to $27.46 area where the horizontal significant level is.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-short-term-recovery/
BTC/USD
Last week on Monday, November 20th the price of Bitcoin was at $4977, the week’s highest point. From that high, the price went back to the levels from which the increase around $4500 was made and then continued to move to the downside. Measured to the current level of $3748 the price of Bitcoin has fallen by 24.65%.
Looking at the hourly chart, you can see that the price action is indicating a downtrend even though it looks like the price has stabilized at around $3782, where the horizontal significant level is serving as support. Since the price interacted with the level for the third time in the last couple of days, currently we are seeing that the price is below the mentioned level.
This indicates sellers pressure on to the price support level. Hence, we might see another breakout to the downside where the next horizontal support level at $3494 would be a target for the support zone as well as the completion of the down move. Last week the price broke out from the symmetrical triangle or a bearish pennant. It resulted in a breakout from the downside. Since then the price action structure has looked like the 5 waves impulsive move is almost up.
The 5th wave could have ended on the mentioned horizontal support level on today’s interaction. It could also very likely be that the 5th wave ends on the next horizontal level at around $3500. But in either case, I would be expecting a quick recovery as the down move clearly has a bit more room before its end.
Zooming out to the 4-hour chart, you can see that the 5 waves are the sub-waves from the last corrective Z wave, counted from the previous breakout at around $6500.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-still-bearish-but-a-recovery-is-on-the-way/
Last week on Monday, November 20th the price of Bitcoin was at $4977, the week’s highest point. From that high, the price went back to the levels from which the increase around $4500 was made and then continued to move to the downside. Measured to the current level of $3748 the price of Bitcoin has fallen by 24.65%.
Looking at the hourly chart, you can see that the price action is indicating a downtrend even though it looks like the price has stabilized at around $3782, where the horizontal significant level is serving as support. Since the price interacted with the level for the third time in the last couple of days, currently we are seeing that the price is below the mentioned level.
This indicates sellers pressure on to the price support level. Hence, we might see another breakout to the downside where the next horizontal support level at $3494 would be a target for the support zone as well as the completion of the down move. Last week the price broke out from the symmetrical triangle or a bearish pennant. It resulted in a breakout from the downside. Since then the price action structure has looked like the 5 waves impulsive move is almost up.
The 5th wave could have ended on the mentioned horizontal support level on today’s interaction. It could also very likely be that the 5th wave ends on the next horizontal level at around $3500. But in either case, I would be expecting a quick recovery as the down move clearly has a bit more room before its end.
Zooming out to the 4-hour chart, you can see that the 5 waves are the sub-waves from the last corrective Z wave, counted from the previous breakout at around $6500.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-still-bearish-but-a-recovery-is-on-the-way/
LTC/USD
Since 6th of November, the price of Litecoin has been in a downtrend and on last Thursday the price was $45.385 at the open. From there the price stagnated at first but at the start of this week on Monday the price started to decrease again falling further down to $32.813, which is the yearly low.
The price has been consolidating and is now at around $34.64, which is an overall decrease of 23.40% in the last seven days.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-one-more-low-ahead/
Since 6th of November, the price of Litecoin has been in a downtrend and on last Thursday the price was $45.385 at the open. From there the price stagnated at first but at the start of this week on Monday the price started to decrease again falling further down to $32.813, which is the yearly low.
The price has been consolidating and is now at around $34.64, which is an overall decrease of 23.40% in the last seven days.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-one-more-low-ahead/
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