Cryptocurrency Analytics from FXOpen - page 2.

voskobojn

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Ethereum at Record Highs as the Cryptocurrency Traders Diversify from Bitcoin
The cryptocurrency market appears to have reached a point where investors look beyond Bitcoin. Up until recently, Bitcoin was the only game in town, responsible for the overall movements in other crypto coins.

However, things changed dramatically as Ethereum has recovered faster than Bitcoin from last month’s move lower. Investors may remember that Bitcoin dropped from over $60k to $47k in less than 24h, creating a similar move in most altcoins. However, it recovered but was not able to make a new high. Ethereum did and now trades above $4,000 for the first time in history.

voskobojn

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LTC and EOS – New highs ahead
LTC/USD

The price of Litecoin has been on the rise since the 26th of April when it was being traded at $214. We have seen an increase of 69.8% measured to its highest point of $364 made yesterday. Currently, it is being traded slightly lower but is now again started moving to the upside again.

Read more: https://www.fxopen.blog/ltc-and-eos-new-highs-ahead/

voskobojn

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BTC and XRP – Retracement seen but further upside expected
BTC/USD

The price of Bitcoin has been on a decline from yesterday’s high at $59,000 and has made a 6.69% decrease measured to its lowest point today at $55.084. Now it is sitting slightly higher but is again looking like its struggling to keep up the recovery.

voskobojn

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LTC and EOS – Breakout seen but would it be confirmed?
LTC/USD

The price of Litecoin has been on the rise since the 26th of April when it fell down to $211. From there we have seen an increase of 26.4% as it came up to $266.6 at its highest point. It started moving sideways from yesterday’s high and is currently sitting slightly lower but is in an upward trajectory overall.

voskobojn

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BTC and XRP – Strong bullish momentum seen
BTC/USD

The price of Bitcoin has been decreasing from the 14th of April when it reached $64,735 at its highest point. From there we have seen a decline of 27.56% measured to its lowest point made on the 25th which was at $46,896. A recovery of 16.8% followed as the price came up to $55,000 area on its highest point of the week so far. Currently, it is being traded slightly lower but is still in an upward trajectory.

voskobojn

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LTC and EOS – Are we seeing the establishment of an uptrend?
LTC/USD

The price of Litecoin has been on the rise since Tuesday when it fell to $234 at its lowest point. It is currently being traded at $281 which is an increase of 21.45% from Tuesday and is still in an upward trajectory.

voskobojn

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Activity: 1820

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BTC and XRP – Recovery seen but further downside expected
BTC/USD

The price of Bitcoin has fallen by 20.4% measured from its all-time high of $64,791 made on the 14th of April to its lowest wick on the 17th when the price came down to $51,531. From there we have seen a recovery to $57,702 but then again the price started falling back down and is currently being traded at around $55,980.

voskobojn

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LTC and EOS – Resistance found
LTC/USD

The price of Litecoin has reached $282 at its highest point yesterday and after a minor retracement made it back to that area again today. Currently, it is being traded at $271.89 and is looking like it’s moving to the downside

Read more: https://www.fxopen.blog/ltc-and-eos-resistance-found/

voskobojn

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BTC and XRP – Bullish momentum seen
The price of Bitcoin has been moving sideways from the 10th of April when it came up again to the significant $59,420 level where it found resistance. We are now seeing a breakout from the minor triangle formed on Saturday with the price increasing by around 5% measured from its lowest point on Monday.

Read more: https://www.fxopen.blog/btc-and-xrp-bullish-momentum-seen/

voskobojn

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LTC and EOS – Looking for support
LTC/USD

The price of Litecoin has been rising since last week and came up to its previous high at $244 on the 6th of April. From there we have seen a decline of 13.26% as it came down to $211.62. Currently, it is being traded at around $220.9 as a minor recovery has been made but the price has been moving to the downside again.

voskobojn

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BTC struggling to break $60,000 while Ripple shown a parabolic rise
BTC/USD

The price of Bitcoin has attempted to break the $60,000 last week as we have mostly seen buyers’ pressure on the level throughout the week until Sunday when a decrease was made to $56,466. From there we have seen another increase followed by a higher low and now the price has made a higher high which is a bullish sign. However, it is once again back below the first horizontal level in line at $59,420 and is shortly going to make another breakout attempt.

voskobojn

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What is NFT, and Why Does Elon Sell Them?
There has been a huge surge of interest in the topic of NFT in recent weeks. The global trend has been pumped up by Elon Musk ( of course), who tweeted an announcement about an NFT song for sale in the NFT format.

voskobojn

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LTC and EOS – More upside expected
LTC/USD

The price of Litecoin has been on the rise from the 25th when it was being traded at $169. We have seen an increase of 18.7% as the price came up to $200 at its highest point today. Currently it is being traded slightly lower but is still in an upward trajectory overall.

voskobojn

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BTC and XRP – Looking bullish
BTC/USD

The price of Bitcoin has been on the rise since the 25th of March when it fell to $50,420 level. From there a recovery of 17.38% was measured to its highest point so far at $59,236. Currently, it is being traded slightly lower but is still on an upward trajectory.

Read more: https://www.fxopen.blog/btc-and-xrp-looking-bullish/

voskobojn

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LTC and EOS – Decrease seen but for how long?
LTC/USD

From the start of the week, the price of Litecoin has been in a decline, coming from its Monday’s high at $197.68 to $170.92 at its lowest point today, which was a decrease of 13.53% It is now stabilizing around $173 after a steep downfall made from yesterday when the price decreased by 12.7% as the price recovered close to the levels of Monday’s high before moving to the downside again.

voskobojn

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BTC and XRP – Correction possibly over
BTC/USD

The price of Bitcoin has been moving sideways from the 17th of March when it came up to $59,600 until the 20th when it paid another revisit to those levels. However, after a failure to break the $60,000 mark to the upside we have seen a rejection that caused a breakout from the symmetrical triangles and a low to $52,924.

voskobojn

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LTC and EOS – At key pivot points
LTC/USD

From Tuesday’s low at $192.55, the price of Litecoin has been on the rise again and came up to $208 at its highest point today, which was an increase of 8.4%. Currently, it is being traded at $204.34 as the minor pullback is being made but the price is still in an upward trajectory overall.

Read more: https://www.fxopen.blog/ltc-and-eos-at-key-pivot-points/

voskobojn

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Activity: 1820

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BTC and XRP – Support found
BTC/USD

The price of Bitcoin has fallen today to $53,548 at its lowest point from which we have seen an increase of 5.4% as a minor recovery was made to $56,388. Currently, the price is sitting at $55,893 as a pullback is being made but the price is still in an upward trajectory overall.

Read more: https://www.fxopen.blog/btc-and-xrp-support-found/

voskobojn

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LTC and EOS – Did we see an upward correction ending?
LTC/USD

The price of Litecoin has been on a decline from its yesterday’s high made at $208 and has decreased by 7.64% today, coming down to $192. Since the price is in a downward trajectory and has made an entry below its prior higher high, further downside could be expected in the upcoming period.

voskobojn

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BTC and XRP – Bullish sentiment continues
BTC/USD

From last Friday when the price of Bitcoin has been traded at $46,371, we have seen an increase of 17.6% measured to its highest point today at the $54,530 level. After a minor pullback, the price back close to the levels of today’s high and is still on an upward trajectory.

Topic: Cryptocurrency Analytics from FXOpen - page 2. (Read 42687 times)