I hear many great news about Monero - the best privacy coin in the market.
I think I should buy some Monero then when it drops to good prices.
Cheers!
Topic: Ethereum, Monero Lead Crypto Market Recovery with 17% Gains, Each (Read 85 times)
September 14, 2018, 01:20:50 AM
September 14, 2018, 01:15:21 AM
Yes, definitely, it is recovering now. Cryptocurrency industry will be touching the sky after some time. Investors is investing for the long time in this industry. There is no doubt, it is about to go to complete the profitable wish of every investors.
September 14, 2018, 12:59:28 AM
you are right that all crypto have increased and this can create new trust for investors to return to the market. if this increase can survive then this increase will continue, but I doubt if crypto can reach ATH again this year.
September 14, 2018, 12:24:20 AM
Ethereum, Monero Lead Crypto Market Recovery with 17% Gains, Each
The cryptocurrency market capitalization on Thursday recovered by almost 6.8 percent after establishing its yearly low just yesterday.
All the top coins recorded decent bullish corrections, with Ethereum and Monero leading the charts with maximum gains. of 17 percent each. Dash, Cardano, IOTA, Tron, and Litecoin closely followed with a double-digit percentage rise in their respective values. Bitcoin, on the other hand, surged comparatively lower than its peers – around 3 percent.
The upsurge has added $12.7 billion back to the cryptocurrency industry since its bottom formation around $186 billion. There are no fundamental factors behind the impressive upside correction – not at the time of this writing. That clearly indicates that the price action could be a result of day traders attempting to make intraday profits.
That said, the market continues to stay inside a bearish bias until the top coins attempt to invalidate their respective giant descending triangles to the upside. Let’s have a look at our top performers to understand it in depth:
The ETH/USD appreciated more than 23 percent from its intraday low near 167-fiat – and is still counting the gains. The impressive price action, however, should not be confused with a return-of-the-bulls bugle. The pair has lost more than 80 percent already to the reports of ICO failures. Fundamentally, the ETH/USD is on an accurate downtrend that could attempt a substantial pullback only after the market’s bad actors exit. The descending trendline technically represents the trend in the chart above that needs breaking up to confirm at least a medium-term bull bias.
That said, a fundamentally weak Ethereum will likely resume its downtrend until the descending trendline is broken to the upside.
https://www.ccn.com/ethereum-monero-lead-crypto-market-recovery-with-17-gains-each/
The cryptocurrency market capitalization on Thursday recovered by almost 6.8 percent after establishing its yearly low just yesterday.
All the top coins recorded decent bullish corrections, with Ethereum and Monero leading the charts with maximum gains. of 17 percent each. Dash, Cardano, IOTA, Tron, and Litecoin closely followed with a double-digit percentage rise in their respective values. Bitcoin, on the other hand, surged comparatively lower than its peers – around 3 percent.
The upsurge has added $12.7 billion back to the cryptocurrency industry since its bottom formation around $186 billion. There are no fundamental factors behind the impressive upside correction – not at the time of this writing. That clearly indicates that the price action could be a result of day traders attempting to make intraday profits.
That said, the market continues to stay inside a bearish bias until the top coins attempt to invalidate their respective giant descending triangles to the upside. Let’s have a look at our top performers to understand it in depth:
The ETH/USD appreciated more than 23 percent from its intraday low near 167-fiat – and is still counting the gains. The impressive price action, however, should not be confused with a return-of-the-bulls bugle. The pair has lost more than 80 percent already to the reports of ICO failures. Fundamentally, the ETH/USD is on an accurate downtrend that could attempt a substantial pullback only after the market’s bad actors exit. The descending trendline technically represents the trend in the chart above that needs breaking up to confirm at least a medium-term bull bias.
That said, a fundamentally weak Ethereum will likely resume its downtrend until the descending trendline is broken to the upside.
https://www.ccn.com/ethereum-monero-lead-crypto-market-recovery-with-17-gains-each/
With the analysis and information you shared, it shows that buyers should always take advantage of dip market with no fear on top 50coins on CMC, there will always be correction on the market, so they will make profit.
September 13, 2018, 03:39:59 PM
I also believe that the bullish trend has already come to the market and it is a confirmation of that ! I think it was a call to start buying it !
September 13, 2018, 03:33:43 PM
Ethereum, Monero Lead Crypto Market Recovery with 17% Gains, Each
The cryptocurrency market capitalization on Thursday recovered by almost 6.8 percent after establishing its yearly low just yesterday.
All the top coins recorded decent bullish corrections, with Ethereum and Monero leading the charts with maximum gains. of 17 percent each. Dash, Cardano, IOTA, Tron, and Litecoin closely followed with a double-digit percentage rise in their respective values. Bitcoin, on the other hand, surged comparatively lower than its peers – around 3 percent.
The upsurge has added $12.7 billion back to the cryptocurrency industry since its bottom formation around $186 billion. There are no fundamental factors behind the impressive upside correction – not at the time of this writing. That clearly indicates that the price action could be a result of day traders attempting to make intraday profits.
That said, the market continues to stay inside a bearish bias until the top coins attempt to invalidate their respective giant descending triangles to the upside. Let’s have a look at our top performers to understand it in depth:
The ETH/USD appreciated more than 23 percent from its intraday low near 167-fiat – and is still counting the gains. The impressive price action, however, should not be confused with a return-of-the-bulls bugle. The pair has lost more than 80 percent already to the reports of ICO failures. Fundamentally, the ETH/USD is on an accurate downtrend that could attempt a substantial pullback only after the market’s bad actors exit. The descending trendline technically represents the trend in the chart above that needs breaking up to confirm at least a medium-term bull bias.
That said, a fundamentally weak Ethereum will likely resume its downtrend until the descending trendline is broken to the upside.
https://www.ccn.com/ethereum-monero-lead-crypto-market-recovery-with-17-gains-each/
The cryptocurrency market capitalization on Thursday recovered by almost 6.8 percent after establishing its yearly low just yesterday.
All the top coins recorded decent bullish corrections, with Ethereum and Monero leading the charts with maximum gains. of 17 percent each. Dash, Cardano, IOTA, Tron, and Litecoin closely followed with a double-digit percentage rise in their respective values. Bitcoin, on the other hand, surged comparatively lower than its peers – around 3 percent.
The upsurge has added $12.7 billion back to the cryptocurrency industry since its bottom formation around $186 billion. There are no fundamental factors behind the impressive upside correction – not at the time of this writing. That clearly indicates that the price action could be a result of day traders attempting to make intraday profits.
That said, the market continues to stay inside a bearish bias until the top coins attempt to invalidate their respective giant descending triangles to the upside. Let’s have a look at our top performers to understand it in depth:
The ETH/USD appreciated more than 23 percent from its intraday low near 167-fiat – and is still counting the gains. The impressive price action, however, should not be confused with a return-of-the-bulls bugle. The pair has lost more than 80 percent already to the reports of ICO failures. Fundamentally, the ETH/USD is on an accurate downtrend that could attempt a substantial pullback only after the market’s bad actors exit. The descending trendline technically represents the trend in the chart above that needs breaking up to confirm at least a medium-term bull bias.
That said, a fundamentally weak Ethereum will likely resume its downtrend until the descending trendline is broken to the upside.
https://www.ccn.com/ethereum-monero-lead-crypto-market-recovery-with-17-gains-each/
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