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Topic: Cryptocurrency Analytics from FXOpen - page 19. (Read 42586 times)

hero member
Activity: 1820
Merit: 505
June 27, 2018, 07:09:08 AM
Both bitcoin and litecoin are trading only few percentage points above the 2018 lows. Bitcoin is quoted at $6,075 dollars right now, down by $625 dollars or 9.3 percent. Litecoin is trading at $77.31 dollars, down by $20 and almost 21% in percentage terms.

Bitcoin Floats Above 2018 Lows

Bitcoin hit a new yearly low of $5,766 on Sunday but we got a fairly quick rebound from here. In the next few days the dead-cat bounce took us to $6,326 dollars but as you can see on the chart below a lot of those gains have since faded.
Read more: https://blog.fxopen.com/bitcoin-litecoin-float-over-yearly-lows/
hero member
Activity: 1820
Merit: 505
June 14, 2018, 05:06:58 AM
Another week of red for the crypto-currency market. Bitcoin prices are nearing the lows set early this year. Litecoin barreled through the $100 mark and is currently quoted at $93 dollars per coin.

Bitcoin Nears Yearly Lows

Bitcoin hit a low of $6,129 earlier in the day, only $149 dollars away from the 2018 low at $5,980. The strong support around the $6,400 level seems to be cleared now although a short-term dead-cat bounce is not out of the question. We are currently quoted at $6,315 dollars.
Read more: https://blog.fxopen.com/bitcoin-nears-2018-lows-litecoin-breaks-100/
newbie
Activity: 238
Merit: 0
June 22, 2018, 02:52:46 PM
now most of the mt4 forex brokers are providing services for cryptocurrency and we can see many trading chart analysis market has changed from 2014 till date
hero member
Activity: 1820
Merit: 505
June 22, 2018, 01:25:49 PM
Dash is down by 3 percent since last Thursday. Ether on the other hand is up but by only 1%, from 0.07772 to 0.07854 BTC.
Ether Still in Range

The low volatility across the crypto markets continues. Ether is up by only 1 percent compared to one week ago. Consequently no trends have been established on the daily chart. For that to happen price has to breakout outside of the rectangle on the chart below.
Read more: https://blog.fxopen.com/dash-down-3-ether-still-in-range/
hero member
Activity: 1820
Merit: 505
June 19, 2018, 02:53:47 AM
The crypto market is seeing some gains across the board. Bitcoin is up to $6,700 from $6,315 dollars and LTC is at $97 dollars, up from $93 dollars last week.

Bitcoin Higher but Downtrend Remains

Bitcoin is up 6 percent by since our last update. Prices bottomed out at $6,129 dollars last week, very close to the all-time low for BTC/USD at $5,980 dollars.
Read more: https://blog.fxopen.com/some-gains-across-crypto-market/
hero member
Activity: 1820
Merit: 505
June 18, 2018, 05:49:39 AM
Ether prices jumped after a SEC official made a statement that the crypto is not a security. Dash is trading barely changed compared to one week ago.
Ether Jumps on SEC Statement

At the Yahoo Finance’s All Market Summit: Crypto in San Francisco, the U.S. SEC Director of Corporate Finance William Hinman said that the commission would not be classifying ether or bitcoin as securities. Tokens that ‘run’ on the ether blockchain may be classified as securities. Over the past few months there were worries that regulation could spill over from the token market to ETH itself. More of this clarified SEC position here.
Read more: https://blog.fxopen.com/ether-jumps-on-sec-statement/
hero member
Activity: 1820
Merit: 505
June 02, 2018, 04:38:05 AM
Since our update last week both BTC and LTC continue to lose ground. One bitcoin is selling for $7,482 dollars compared to $8,290 last Tuesday. Meanwhile one LTC is quoted at $117 versus $133 dollars back then.
Bitcoin Down by 10 Percent

Bitcoin prices are trading lower by 10 percent. Most of the losses transpired on May 23rd when we dropped from $8,102 to 7,580 dollars per coin. Since then we’re stayed mostly flat.
Read more: https://blog.fxopen.com/more-losses-for-btc-and-ltc/
hero member
Activity: 1820
Merit: 505
June 02, 2018, 04:35:42 AM
The uptrend in ETH/BTC is finally over. With the most recent down move in crypto markets the pair entered a range during the past few days. Dash on the other hand is still in a bearish trend versus BTC.
Ether in Range

Ether prices are back in a range vs bitcoin on the daily charts. You can see this range marked with a yellow rectangle on the charts below. The pair dropped to a low of 0.07437 BTC earlier today during a bout of selling across the board. With a previous swing low at 0.07413 BTC, this formed somewhat of a double bottom.
Read more: https://blog.fxopen.com/ether-in-range-dash-still-down/
hero member
Activity: 1820
Merit: 505
June 14, 2018, 05:03:12 AM
Dash continues to be in downtrend on the daily charts. Ether almost joined in last week after the 0.074 BTC swing low was taken out but prices quickly reversed higher.
Ether Back in Range

After a strong V-shaped reversal ETH/BTC is back in a range on the daily charts. This range is marked with a yellow rectangle on the chart below. We are currently quoted at 0.07824 BTC.
Read more: https://blog.fxopen.com/dash-stays-in-a-downtrend/
hero member
Activity: 1820
Merit: 505
June 14, 2018, 05:01:34 AM
Both bitcoin and litecoin are trading slightly higher since our last update. Bitcoin is quoted at $7,617 dollars compared to $7,482 back then, a gain of just under 2 percent. Litecoin is trading at $120 dollars right now, up by $3 dollars.
Bitcoin Slightly Higher

Bitcoin has advanced higher by almost 2 percent in a low volatility environment. The high during the past seven days was at $7,775 and the low at $7,270 dollars, a range of $505 dollars or close to 7 percent. This is very low compared to recent price movements. For example the 14 week ATR (Average True Range) is around $1,500 while the 5 week ATR is at almost $1,000 dollars.
Read more: https://blog.fxopen.com/bitcoin-litecoin-slightly-higher/
hero member
Activity: 1820
Merit: 505
June 14, 2018, 04:59:04 AM
In the world of Cryptocurrencies, there are “fundamental technologies”. Some digital currencies can give rise to new Cryptocurrencies through their technology. The most important project in developing this idea is Ethereum, a decentralized revolutionary concept of reasonable contracts. The innumerable applications for this technology make Ethereum the second Cryptocurrency by market capitalization.
Read more: https://blog.fxopen.com/everything-you-need-to-know-about-ethereum/
hero member
Activity: 1820
Merit: 505
June 02, 2018, 04:32:04 AM
Both bitcoin and litecoin are continuing their downtrends. Bitcoin is quoted at $8,290 right now, lower by 4.5 percent since last Tuesday. Litecoin is trading at $133 dollars, down by 9.5 percent.
Bitcoin Still Bearish

Bitcoin is still looking bearish on the daily charts. On Friday we hit a new interim low of $7,921 but from here we got a bounce to $8,590 dollars. Right now we’re somewhat in between these two figures at $8,290 dollars.
Read more: https://blog.fxopen.com/bitcoin-litecoin-continue-downtrends-2/
hero member
Activity: 1820
Merit: 505
Ether has lost the upward momentum versus BTC. While a new swing high was made today, the coin has made meager gains in the past two weeks.
Ether Loses Momentum

Ether prices have lost the positive momentum vs bitcoin. We are currently quoted at 0.08414 BTC, below the highs hit back on May 6th.
Read more: https://blog.fxopen.com/ether-loses-momentum-dash-up/
hero member
Activity: 1820
Merit: 505
The rally in both bitcoin and litecoin is stalling. One BTC is selling for $9,289 right now, down from $9,764 dollars last Tuesday. Litecoin is trading lower by $4 dollars to $157 per coin.
Bitcoin Rally Stalls

As noted above, the rally in BTC/USD is somewhat stalling. Prices topped out at $9,987 dollars five days ago and since then it’s been a slow ride down. Early this morning we dipped below the $9,000 round figure briefly but recovered quickly for a second time. However the bulls may not be so lucky the third time around, another retest may lead to a breakdown lower.
Read more: https://blog.fxopen.com/bitcoin-litecoin-rallies-stall/
hero member
Activity: 1820
Merit: 505
Both bitcoin and litecoin are back in a bear market on the daily charts. One bitcoin is selling for $8,683 dollars right now while LTC is quoted at $147 dollars per coin.
Bitcoin Back in a Downtrend

As noted in our previous article, BTC/USD is now back in a bear market. Last week we saw a drop of over $1,000 dollars during which a low of $8,202 was hit. From here we got somewhat of a dead-cat bounce, helped by the Consensus conference.
Read more: https://blog.fxopen.com/bitcoin-litecoin-back-in-a-bear-market/
hero member
Activity: 1820
Merit: 505
Ether is continuing the strong rally versus bitcoin. The pair is trading at 0.8058 BTC at the moment. Meanwhile DSH/BTC is quoted at 0.04980, down slightly since our last update. The rally is Dash is already over but we’ll go over that in the second part of this article.

Ether Rally Continues

Ether is continuing the gains vs BTC, up by 14 percent since last Thursday. Naturally the bullish trend on the daily charts is still in place.
Read more: https://blog.fxopen.com/ether-continues-rally-dash-falters/
hero member
Activity: 1820
Merit: 505
The crypto-market took a turn for the worse during the past 24 hours with heavy losses in USD for most coins. Some like Dash even entered a bear market in BTC terms.

Ether Flat Ahead of Consensus

Ether prices are staying mostly flat vs bitcoin. The crypto is quoted at 0.8047 BTC right now, not far from where it was trading last week.
Read more: https://blog.fxopen.com/dash-in-a-downtrend-ether-flat/
hero member
Activity: 1820
Merit: 505
During the past week both bitcoin and litecoin saw extended gains as the daily trend continues to go higher. Bitcoin is currently quoted at $9,764 dollars compared to $9,325 during our last update. Litecoin saw much smaller gains, trading at $162 versus $161 dollars last week.
More Gains for Bitcoin

Since last Tuesday bitcoin prices advanced by $439 dollars or almost 5 percent. Naturally the uptrend on the daily charts is still in place. To end it the bears will have to push us below the $8,650 swing low. A new downtrend requires a breakdown below the next swing low at $7,821 dollars per coin.
Read more: https://blog.fxopen.com/more-gains-for-btcusd-and-ltcusd/
hero member
Activity: 1820
Merit: 505
April 27, 2018, 12:01:19 PM
Both bitcoin and litecoin are back in a bull market. Bitcoin is quoted at $9,354 dollars right now, a gain of almost 6 percent since our last update. Litecoin is trading higher as well, quoted at $161 dollars at the moment.
Bitcoin Rally Continues

The rally in BTC/USD continues with more gains during the past few days. As noted previously, with the break above the $8,425 dollars swing high we’re back in a bull market on the daily charts.
Read more: https://blog.fxopen.com/bitcoin-litecoin-back-in-bull-market/
hero member
Activity: 1820
Merit: 505
April 23, 2018, 08:42:13 AM
Both Ether and Dash surged higher as a bullish sentiment from bitcoin spread all over the crypto market. The two altcoins are trading substantially higher compared to one week ago, with ETH up by 15% vs BTC while Dash is up by 18 percent.

Ether Ends Downtrend, Surges Higher

The downtrend for ETH/BTC on the daily charts is finally over as prices bust through the 0.06030 BTC swing high. Earlier today a high of 0.07080 was hit, over 35% recovery from the 0.05240 BTC lows.
Read more: https://blog.fxopen.com/ether-dash-surge-higher/
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