Cryptocurrency Analytics from FXOpen - page 7.

voskobojn

hero member

Activity: 1820

Merit: 505

BTC/USD and XRP/USD Fake-out
BTC/USD

Yesterday the price of Bitcoin has fallen to $9040 and even spiked a bit further to the downside below the $9k mark making a lower low compared to Friday’s one and has attempted to break out the ascending channels support level but spiked back up inside its territory reaching $9573 at its highest point today.

Read more: https://www.fxopen.blog/btc-usd-and-xrp-usd-fake-out/

voskobojn

hero member

Activity: 1820

Merit: 505

LTC and EOS – Symmetrical triangle’s formed with a breakout soon expected
LTC/USD

From last Thursday when the price of Litecoin was sitting at $48 level we have seen a decrease of 6.43% at first to $44.91 but it started moving to the upside since and continued developing it’s price action in a sideways manner. Currently, the price is being traded at $46.28 and is starting to move to the downside.

voskobojn

hero member

Activity: 1820

Merit: 505

BTC and XRP – Sideways movement seen, but a breakout soon expected
BTC/USD

Last Tuesday the price of Bitcoin spiked to $10400 at it’s highest point from where a decrease of 11.6% has been made reaching $9143 at it’s lowest. The price fell sharply to the downside below the starting point of the prior increase after which we have seen a minor recovery to $9859 at its highest point. Since then the price has fell back to the interrupted ascending trendline and made another attempt to break above the significant horizontal resistance zone but the attempt failed for now and is still being traded in a tight range.

FXO

member

Activity: 335

Merit: 11

BTC and XRP – Sideways movement seen, but a breakout soon expected

BTC/USD
Last Tuesday the price of Bitcoin spiked to $10400 at it’s highest point from where a decrease of 11.6% has been made reaching $9143 at it’s lowest. The price fell sharply to the downside below the starting point of the prior increase after which we have seen a minor recovery to $9859 at its highest point. Since then the price has fell back to the interrupted ascending trendline and made another attempt to break above the significant horizontal resistance zone but the attempt failed for now and is still being traded in a tight range.

XRP/USD
The price of Ripple has followed a similar pattern to that of Bitcoin as an impulsive spike to the upside was made last Tuesday after which we have seen a descending move below its starting point. The decrease seen was of around 8.42% coming from $0.215 to $0.197 but started increasing immediately after and came up to retest the 1.272 Fibonacci level.

Read more: https://www.fxopen.blog/btc-and-xrp-sideways-movement-seen-but-a-breakout-soon-expected/

voskobojn

hero member

Activity: 1820

Merit: 505

LTC and EOS – Price recovery considered corrective
LTC/USD

On Monday the price of Litecoin has continued it’s upward trajectory until reaching $50 mark after a sharp downfall of 11.2% has been made with the price falling down to $44.3 in a matter of hours. Since then a significant recovery has been made with the price making back to $48.1 at its highest point today around which it’s currently being traded.

FXO

member

Activity: 335

Merit: 11

LTC and EOS – Price recovery considered corrective

LTC/USD
On Monday the price of Litecoin has continued it’s upward trajectory until reaching $50 mark after a sharp downfall of 11.2% has been made with the price falling down to $44.3 in a matter of hours. Since then a significant recovery has been made with the price making back to $48.1 at its highest point today around which it’s currently being traded.

EOS/USD
Like in the case of Litecoin, the price of EOS has also been following a similar pattern as it sharply fell on Monday slightly over 10% coming from $2.89 to $2.6 at its lowest point from where it started recovering. At the moment it is being traded at $2.73 and is still in an upward trajectory.

Read more: https://www.fxopen.blog/ltc-and-eos-price-recovery-considered-corrective/

suryapro

member

Activity: 854

Merit: 10

Quote from: MCobian on June 04, 2020, 02:13:10 AM

After I read the analytics about cryptocurrency from FXOpen, I was very pleased with all the articles. Although several articles not accurate,
but overall good enough to get information about cryptocurrency. Even FXOpen sites provide information about forex, this is an advantage of
FXOpen sites compared to other sites.

indeed sometimes articles are written based on the current time, while prices continue to change within hours. and as fans of cryprocurrency reading the FXOpen site is something we have to do in addition to additional references

MCobian

full member

Activity: 1190

Merit: 117

After I read the analytics about cryptocurrency from FXOpen, I was very pleased with all the articles. Although several articles not accurate,
but overall good enough to get information about cryptocurrency. Even FXOpen sites provide information about forex, this is an advantage of
FXOpen sites compared to other sites.

voskobojn

hero member

Activity: 1820

Merit: 505

BTC and XRP – More upside expected
BTC/USD

From yesterday’s open when the price of Bitcoin was sitting at $9402, we have seen an increase of 10.44% measured to the highest point the price has been today which is at $10383. Since then we have seen a minor retracement with the price currently being traded at $10137.

Read more: https://www.fxopen.blog/btc-and-xrp-more-upside-expected/

FXO

member

Activity: 335

Merit: 11

BTC and XRP – More upside expected

BTC/USD
From yesterday’s open when the price of Bitcoin was sitting at $9402, we have seen an increase of 10.44% measured to the highest point the price has been today which is at $10383. Since then we have seen a minor retracement with the price currently being traded at $10137.

XRP/USD
The price of Ripple has increased by 7.1% from yesterday’s low $0.2 measured to today’s high at $0.2154. It’s still being traded unlike in the case of Bitcoin.

Read more: https://www.fxopen.blog/btc-and-xrp-more-upside-expected/

voskobojn

hero member

Activity: 1820

Merit: 505

LTC and EOS – Slight increase before further downtrend continuation expected
LTC/USD

From last week’s high made on Monday when the price of Litecoin was sitting at $45.88, we have seen a decrease to the significant horizontal support level at $41.71 where it found support and consequently made a bounce from it and came to the $44.6. Since then we have seen another two retests of the mentioned horizontal level finding support there both times and is now again in the upward trajectory but still lower then on the first bounce.

FXO

member

Activity: 335

Merit: 11

LTC and EOS – Slight increase before further downtrend continuation expected

LTC/USD
From last week’s high made on Monday when the price of Litecoin was sitting at $45.88, we have seen a decrease to the significant horizontal support level at $41.71 where it found support and consequently made a bounce from it and came to the $44.6. Since then we have seen another two retests of the mentioned horizontal level finding support there both times and is now again in the upward trajectory but still lower then on the first bounce.

EOS/USD
The price of EOS has been following the same price pattern as in the case of EOS as we have seen a decrease of around $11.8% from last Monday’s high after which an increase was made and a couple of retests around the same vicinity before the start of the current upward movement.

Read more: https://www.fxopen.blog/ltc-and-eos-slight-increase-before-further-downtrend-continuation-expected/

leea-1334

hero member

Activity: 2338

Merit: 953

Temporary forum vacation

Quote from: voskobojn on May 27, 2020, 01:20:32 AM

BTC and XRP – Has the downturn started?

BTC/USD

From last Monday when the price of Bitcoin was sitting at $9925 at its highest point we have seen a decrease of 12.61% measured to yesterday’s low which is the lowest point of the week so far and was at $8673. Since then we have seen a slight increase with the price currently being traded at $8897.

It is tempting to think that the downtrend has started even though the bulls keep failing to keep their territory and especially yesterday was very demoralizing to see 9000 for a few seconds before it was never reached again but could this be a bear trap after all?

voskobojn

hero member

Activity: 1820

Merit: 505

BTC and XRP – Has the downturn started?

BTC/USD

From last Monday when the price of Bitcoin was sitting at $9925 at its highest point we have seen a decrease of 12.61% measured to yesterday’s low which is the lowest point of the week so far and was at $8673. Since then we have seen a slight increase with the price currently being traded at $8897.

voskobojn

hero member

Activity: 1820

Merit: 505

LTC and EOS – Ascending trend lines broken, downside expected
LTC/USD

From last week’s low at $41.72 made on Friday the price of Litecoin has increased by 11.71% measured to the highest point on Monday which was at $46.61. Since then we have seen a decrease of 7.78% as the price fell to $43 area yesterday but made a minor recovery and is currently being traded around $43.6.

FXO

member

Activity: 335

Merit: 11

BTC and XRP – Further increase expected

BTC/USD
From last Monday when the price of Bitcoin was sitting on $8197 at it’s lowest level we have seen an increase of 21% measured to the highest point the price has been this Monday which is at $9926. Since then we have seen a minor retracement before another spike to the prior high with the price currently being traded at $9859.

XRP/USD
The price of Ripple has increased by 11.81% from last Monday to this one as the price came up from $0.186 to $0.208 at it’s highest point. Like in the case of Bitcoin since then we have seen a minor retracement but the price is back again around the levels of the prior high.

Read more: https://www.fxopen.blog/btc-and-xrp-further-increase-expected/

voskobojn

hero member

Activity: 1820

Merit: 505

LTC and EOS – Recovery expected to continue
LTC/USD

From last Saturday when the price of Litecoin was sitting on its highest at around $49.23 we have seen a decrease of 20.32% measured to the lowest point the price has been at $39.23 made on Monday. Since the start of the week, recovery has started with the price reaching $43.75 at it’s highest yesterday but is currently being traded slightly lower and still above the $43 mark.

FXO

member

Activity: 335

Merit: 11

LTC and EOS – Recovery expected to continue

LTC/USD
From last Saturday when the price of Litecoin was sitting on its highest at around $49.23 we have seen a decrease of 20.32% measured to the lowest point the price has been at $39.23 made on Monday. Since the start of the week, recovery has started with the price reaching $43.75 at it’s highest yesterday but is currently being traded slightly lower and still above the $43 mark.

EOS/USD
The price of EOS has decreased by 19.66% measured from its last week’s high at $2.83 made on Saturday to the lowest point this week at $2.27 made on Monday. From there we have seen an increase of 12.4% as recovery took place with the price currently being traded at $2.53 and is still in an upward trajectory.

Read more: https://www.fxopen.blog/ltc-and-eos-recovery-expected-to-continue/

voskobojn

hero member

Activity: 1820

Merit: 505

BTC and XRP – Major price decreases, but recovery on the horizon
BTC/USD

From last week on Friday when the price of Bitcoin was sitting slightly above $10000 we have seen a decrease of 18.16% measured to the lowest price has been which is at $8195 made yesterday. Since then we have seen another attempt of a recovery as the price has started to increase again but is struggling to get past the $8732 level.

FXO

member

Activity: 335

Merit: 11

BTC and XRP – Major price decreases, but recovery on the horizon

BTC/USD
From last week on Friday when the price of Bitcoin was sitting slightly above $10000 we have seen a decrease of 18.16% measured to the lowest price has been which is at $8195 made yesterday. Since then we have seen another attempt of a recovery as the price has started to increase again but is struggling to get past the $8732 level.

XRP/USD
The price of Ripple has decreased by 16.8% from last week when it was sitting slightly above $0.22 and fell from there sharply to $0.187 level at first and continued moving even lower to $0.184 after some sideways movement. Now the price is back above the level of the previous lower high but is struggling to move above the $0.2 mark.

Read more: https://www.fxopen.blog/btc-and-xrp-major-price-decreases-but-recovery-on-the-horizon/

Topic: Cryptocurrency Analytics from FXOpen - page 7. (Read 42644 times)