Cryptocurrency Analytics from FXOpen - page 23.

voskobojn

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Dash lost a lot of the recent gains and is now on the verge of ending the rally. Ether on the other hand is still stuck in that range with bitcoin.

Another Range-bound Week for ETH

Another range-bound week for ETH/BTC. We are trading at 0.07143 BTC right now, down from 0.07304 last week. This is a drop of only 2 percent, small amount for a crypto-currency pair.

voskobojn

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Кaк Биткoйн, тaк и Litecoin в ocнoвнoм нaxoдятcя вo флэтe c мoмeнтa нaшeгo пocлeднeгo oбзopa нeдeлю нaзaд. Биткoйн кoтиpyeтcя пo цeнe в $3 920 зa мoнeтy нa мoмeнт нaпиcaния дaннoгo oбзopa, чтo нижe пo cpaвнeнию цeнoй в $3 974 в пpoшлый втopник. Eгo млaдший бpaт кoтиpyeтcя пo цeнe в 52,71 дoллapa CШA, чтo нa 3,1 пpoцeнтa нижe.
Биткoйн в ocнoвнoм вo флэтe

Цeны нa биткoйн cнизилиcь нa 54 дoллapa c мoмeнтa нaшeгo oбзopa нa пpoшлoй нeдeлe. B пpoцeнтнoм cooтнoшeнии этo вceгo 1,36%. Этo зaтишьe cмeнилo пepиoд выcoкoй вoлaтильнocти, кoгдa цeны пaдaли бoлee чeм нa 1 200 дoллapoв зa тpи дня, a зaтeм вoccтaнaвливaлиcь в тeчeниe cлeдyющиx чeтыpex днeй. C тex пop цeнa кoлeбaлacь мeждy ypoвнями $3 500 и $4 000.

Read more: https://blog.fxopen.ru/bitcoin-i-litecoin-vo-flete/

leea-1334

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Temporary forum vacation

Interesting thread! I have added it to my list of threads to follow. I am wondering though. Other than commentary, do you always post buy or sell entry points? I would have liked to know what to do this week in this flat market since it is only Wednesday. Should I just sit on my alts patiently? All out of Bitcoin to spend.

voskobojn

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Both Bitcoin and Litecoin traded mostly flat since our last update seven days ago. Bitcoin is quoted at $3,920 dollars per coin right now, down from $3,974 last Tuesday. Its little brother is trading at $52.71, down by 3.1 percent.

Bitcoin Mostly Flat

Bitcoin prices are down by $54 since our update last week. In percentage terms this is only 1.36%. This calming follows a period of high volatility during which prices fell over $1,200 in three days, only to recover most of the losses in the next four days. Since then we bounced back and forth between the $3,500 and $4,000 handles.

Read more: https://blog.fxopen.com/bitcoin-litecoin-mostly-flat/

voskobojn

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Ha пpoтяжeнии oчepeднoй нeдeли пapa ETH/BTC ocтaeтcя в диaпaзoнe. C дpyгoй cтopoны, Dash пpoдoлжaeт мeдлeнный pocт к биткoйнy.
ETH/BTC ocтaeтcя в диaпaзoнe

Topгoвый диaпaзoн ETH/BTC длитcя yжe кoтopyю нeдeлю. Ha дaнный мoмeнт пapa кoтиpyeтcя пo цeнe в 0.07304, чтo нa нecкoлькo пpoцeнтoв вышe пo cpaвнeнию c пpoшлoй нeдeлeй. Hикaкиx вaжныx ypoвнeй пoддepжки и coпpoтивлeния пoкa нe нaблюдaeтcя.

Кaк виднo нa гpaфикe нижe, диaпaзoн cтaнoвитcя бoлee yзким – xopoший пoкaзaтeль тoгo, чтo cкopo мы cмoжeм нaблюдaть пpoбoй. Бyдeт ли кaтaлизaтopoм oжидaeмoe oбнoвлeниe пpoтoкoлa Metropolis? Ecли иcпытaния пpoйдyт ycпeшнo, Byzantium, пepвaя чacть oбнoвлeния Metropolis, дoлжнa быть зaпyщeнa 9 oктябpя.

voskobojn

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The range in the ETH/BTC pair continues for another week. On the other hand Dash continues to slowly gain ground on bitcoin.
Range in ETH/BTC Continues

The weeks-long trading range in ETH/BTC continues. We are currently quoted at 0.07304, up by few percentage points since last week. No important support/resistance points have been taken out yet.

As you can see on the chart below, the range is getting ever narrower, a good indicator that we will see a breakout soon. Will the catalyst be Metropolis, the expected protocol upgrade? If everything goes well on the testnet, Byzantium, the first part of the Metropolis upgrade, should launch around October 9th.

Read more: https://blog.fxopen.com/range-in-ethbtc-continues/

voskobojn

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Цeны нa биткoйн peзкo взлeтeли c минимyмa в $2 970 и нa дaнный мoмeнт кoтиpyютcя пo цeнe в 3 974 дoллapa CШA. Litecoin пocлeдoвaл aнaлoгичнoй cxeмe, дocтигнyв минимyмa в 32,35 дoллapa, и ceйчac нaxoдитcя y oтмeтки 54,48 дoллapa зa мoнeтy.

Биткoйн oтcкaкивaeт oт минимyмoв
Цeны нa биткoйн peзкo пoдcкoчили c минимyмa $ 2,970 дo мaкcимyмa в $4 103 чyть paнee ceгoдня. C тex пop цeнa нeмнoгo oткaтилacь пocлe внoвь oпyбликoвaнныx плoxиx нoвocтeй из Китaя.

voskobojn

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Bitcoin prices have bounced back sharply from the $2,970 lows and are currently quoted at $3,974 dollars. Litecoin followed a similar pattern, hitting a low of $32.35 and is now at $54.48 dollars per coin.
Bitcoin Bounces From Lows

Bitcoin prices bounced hard from the $2,970 lows to a hit a high of $4,103 earlier today. We have since dropped a bit after renewed bad news from China.

voskobojn

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Bitcoin prices took a tumble after the rumored China ban was made semi-official. This had a large knock-on effect on Ether and Dash too, which are down in USD terms (although flat vs BTC). Due to the large affect this news is having on the crypto market, we’ll cover BTC instead of Dash in this article.
Bitcoin Tumbles on China Exchange Ban

Bitcoin prices dropped sharply during the past few days as the rumored china exchange ban is slowly being rolled out. First Bitkan, a popular Chinese OTC trading platform, announced that they will shut down. Then BTC China, one of the biggest three Chinese exchanges followed suit. And finally today OKEX, a futures platform run by OKCoin, announced that their new futures will be based on a 100% USD price index, instead of the previous 50/50 CNY/USD mix. A smaller trading platform VIABTC announced that they will close their doors as well.

voskobojn

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More crypto pain coming from China this week. After the ICO and ICO exchanges ban announced last week, authorities could be banning bitcoin exchanges as well. Prices understandably crashed on the news, hitting a low of $3,969 on FXOpen before rebounding.
China Moving to Ban Crypto Exchanges

According to two major financial publications, Chinese authorities are drafting regulations that will ban all crypto exchanges from operating in the country. The news first broke on Friday in Caixin, a Chinese finance publication. On Monday a similar report was published in the Wall Street Journal. According to the articles, it appears that Chinese regulators plan to ban all crypto exchanges from operating in the country. Over the counter (OTC) trading as well as in-person trading would be tolerated.

voskobojn

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The rally in Dash prices continues to lose steam. We are currently quoted at 0.07439, down from 0.07820 last week. Ether on the other hand remains locked in its range.

Ether Still in a Range

Ether is still trading inside that month-long range. We are currently trading at 0.07158, down by over 10 percent since last Thursday. However as you can see on the chart below, this wasn’t enough enter a bear market. We simply moved from the top of the range toward the middle.

Read more: https://blog.fxopen.com/dash-rally-loses-steam/

voskobojn

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Bitcoin prices fell almost 21 percent after the People’s Bank of China banned ICOs. This was enough to end the trend on the daily charts. Litecoin, on the other hand, remains in rally mode despite suffering large losses as well.
Bitcoin Falls 21 Percent on ICO Ban

Bitcoin fell from the $4,960 high reached a few days ago to hit a low of $3,930 today. This is a drop of $1,030 or 21%. We are currently trading at $4,247 after a sizeable recovery from the lows. The main reason behind the drop was news that the PBOC banned ICOs in the country. More on this developing story HERE. To read a brief explanation on ICOs please click HERE. There are rumors that the PBOC might take further action on ‘virtual currencies’ soon.

voskobojn

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Both Dash and Ether gained versus bitcoin this week. Ether is up by exactly 10 percent since our last update while Dash is up by a smaller 9.4 percent.

Ether Remains in Range

Despite the large gains in ETH/BTC however, the pair is still trading inside that range. We hit a high of 0.08423 yesterday, far below the 0.09322 swing high.

Read more: https://blog.fxopen.com/gains-for-dash-and-ether/

voskobojn

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Both bitcoin and litecoin made new all-time highs since our last update. Big brother peaked out at $4,637 dollars per coin while LTC/USD hit a high of $64.84.

Bitcoin Hits New All-Time High

The bull run in BTC/USD continues. After a period of consolidation prices hit a new all-time high today. There was no news catalyst for the most recent gains, so it appears to be a continuation of the segwit pump.

voskobojn

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Dash prices spiked higher on August 19th and ended the two-week long drawdown. Ether on the other hand remains locked in a range versus BTC.

Ether Still in Range

While both ETH and BTC continue to clock gains versus the U.S. Dollar, against each other they’re trading flat. Ether is quoted at 0.0745 BTC right now, slightly up compared to prices one week ago.

voskobojn

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Bitcoin prices crashed below the $4,000 level today on a decline in the mining hash rate. Litecoin on the other hand has been stable and still remains in a range.

Bitcoin Hashrate Drops

Bitcoin’s mining hash rate dropped considerably during the past few days as mining for BCC became more profitable. As of right now the hash is split at 60% for the ‘legacy’ bitcoin chain and 40% for the new bitcoin cash. However this is expected to change tonight, when the aggressive re-targeting of the BCC protocol will increase the mining difficulty by 300 percent.

voskobojn

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It’s a mixed bag for the two crypto-currencies we cover on Thursdays. While Dash is continuing the downtrend started last week, Ether is range-bound.
Ether in a Range

Ether prices failed to break above the 0.09322 swing high last week. A break of this level could kick-start a new rally. But after peaking out at 0.093 ETH/BTC saw continued losses every single day. We are now up to seven red (or black) candles in a row.

voskobojn

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Bitcoin surged to new highs during the past seven days. The crypto is up by $694 since last Tuesday or just over 20 percent. Litecoin isn’t doing as well, however. It’s back in range after the losses today.
Bitcoin Surges by $694 Dollars

Bitcoin prices hit a new all-time high of $4,420 dollars yesterday. Since then we’ve dropped a bit and are currently quoted at $4,077, still up by over 20 percent in the last 7 days.

Read more: https://blog.fxopen.com/bitcoin-surges-to-new-highs/

voskobojn

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We got a mixed bag today. While Ether is up against bitcoin, Dash is now in a downtrend. As usual, we will first go over ETH/BTC then come back to DSH/BTC later in the article. We have a bitcoin update at the end of this article as well.
Ether Nears Breakout

Ether prices have gone up almost 10 percent since our last update. We have since broke above the 0.0844 swing high and thus ended the downtrend. Back then we penned the 0.111 spike high as a potential trend starter. Now that level is moved slightly lower to yesterday’s high at 0.09322.

Read more: https://blog.fxopen.com/ether-nears-breakout-dash-down/

voskobojn

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Bitcoin prices are up close to 24 percent since our Tuesday update. Litecoin is up as well but only by $1.98 dollars or just under 5 percent.
Bitcoin Rallies 24 Percent

Bitcoin prices rallied close to 24 percent in a week. The main driver for the gains seems to be the Segwit lock, expected to happen later today. Current projections set the lock at 25 blocks from now, around 17:46 GMT.

Topic: Cryptocurrency Analytics from FXOpen - page 23. (Read 42644 times)