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As a result of last week, the main cryptocurrencies fell significantly. Bitcoin dropped to $ 7000 and below. BTC’s share in total capitalization increased to 45.7%. The number of billionaire-coins decreased to 19, and their total number (according to coinmarketcap.com) increased to 1596. The total capitalization of the Cryptocurrency market decreased to $ 261...
NEO after a quick rebound to $ 80, fell again and got pinned to the upper boundary of the medium-term support area of about $ 50. Short-term balance of sellers and buyers is found: for a few days the quotes were within a narrow range. Meanwhile, MAcross on the weekly chart rushed towards the signal for sale. According to all the indications, this mid-term trend is...
Litecoin is losing in price along with other cryptocurrencies. This week (tomorrow to be exact, if there won’t be a giant growth in price), MAcross on the weekly chart will turn over to sale. This is a remarkable and rather rare event: the last buy signal was a year ago at $ 8.34. Thus, this trend indicator brought its followers 1363% profit for the year. But this...
In the last review on Ripple, we wrote about the edge of the abyss. Over the past time, Ripple crossed that border and stepped towards the void. We also see a signal for sale from the MAcross on the weekly chart ... Technically strong support is only about $ 0.25 According to previous experience of market observation, such slide can last quite some time, it could...
The last 4 weeks Ethereum’s rate is confidently going down, outstripping Bitcoin’s pace. MAcross on the weekly chart is in sale. The buy signal was received more than a year ago at $ 14.57, now the sell price is $ 447. Fantastic profitability. Historically, the signal for sale from the MAcross was also received in the fall of 2016. After that, the decline...
The resumed fall and the loss of support at $ 8000 are pointing towards bearish speculations ... Bitcoin last week rebounded slightly from the lower limit of the range of $ 8000- $ 12000, which we wrote mentioned in our last reviews. And on this week and the rate moved further south. Trend indicators are both on sale on the daily and weekly charts. The inability...
Last week, the main crypto currencies slightly changed in price. Bitcoin spent a week between $ 8000 and $ 9000. BTC’s share in the total capitalization fell to 43.8%. The number of billionaire-coins increased to 24, and their total number (according to coinmarketcap.com) increased to 1587. The total capitalization of crypt-currencies has grown to $ 328...
In the last review, we wrote about the idea of a short from $ 0.40 to $ 0.20. NEM after that was able to climb as high as $ 0.50, and only after it rushed down towards the goal and support level at $ 0.20. Support level at about $ 0.20 turned out to be really strong: last week the minimum was $ 0.22, and on this week it’s even higher, despite the increased volumes...
DASH achieved the first reduction target, which we indicated in the previous review. And there are signs that this will not stop there. 1. MAcross on the weekly charts turned upside down to sale. For the first time in a year and a half. 2. The rebound from $ 380 is weak and unconvincing It seems that DASH is going to dive straight to support area of $ 250- $ 380....
Monero broke the growing picture that we mentioned in the previous review, and fell into a lower price range of $ 150- $ 260. The trend indicator MACross on the daily chart is now on sale. And if the price does not return above $ 260 in the next week or two, the weekly MAcross will also turn to a sale. At the same time, the support area, starting at $ 150, looks...
Iota tested the lower bound of the range and support at $ 1.10 Support stood strong and quotes rose almost to the middle of the current range of $ 1.1- $ 2.2 Here, in the center of the range is a decreasing slow moving average. So now this is the key level for predicting the future rate movement: If the rate does not reach the upper limit on $ 2.2, it will start...
NEO went from the maximum to the minimum, for March the rate has fallen in price three times: from $ 150 to $ 50. Below $ 50 the area of long-term support begins. And the rate jumped quite energetically from $ 50 to $ 75. The previous range was over $ 100 and this level was tested from the bottom up, after the level was surpassed and lost by the buyers. MAcross on...
Litecoin could not hold above the moving averages and resumed the fall, first to $ 180 and then to $ 160. The intersection of the moving averages on daily schedule is now on sale again. And the rate declines from the rapid moving average, as from resistance. On the weekly chart, this trend indicator is still in the purchase. However, it is rapidly approaching sale...
So the "head with shoulders", which we wrote about in the previous review, worked out. The fall resumed and has almost reached its calculated goal, it is almost the same mark, as in the beginning of February, about $ 850. Trend indicators are on sale both on the daily, and now on the weekly charts. After a breakthrough from top down of the line of the "neck" at $...
Ripple could not resist the support at $ 0.9 and falled lower. Floated on for a while and continued the fall. The $ 0.6- $ 0.65 area is the last frontier before the abyss, the bottom of which is at about $ 0.25 (the rate spent 8 months close to this price and now it's a pretty reliable support). At the same time, the fall to the abyss could mean complete...
In the previous review on Ethereum we wrote about the intrigue and uncertainty of direction of ETHUSD’s further movement. The choice is made: Ethereum has moved down and is already fixed at lower price levels. The only hope of bulls is MAcross on the weekly chart: it is still in the purchase. However, judging by many other cryptocurrencies, a coup to sale is only...
In the previous review, we wrote about Bitcoin drawing a U-turn up. However, $ 12,000 was never surpassed. And the rate fell below $ 10,000. Now the trend indicators are on sale, both on the daily and weekly charts. And the trades are at the level of the previous local minimum ($ 9,400) Technically, everything speaks about the resumption of the fall and the...
Last week, the main cryptocurrencies noticeably lost in price. Bitcoin completely lost the achievements of the previous week and returned to $ 9,500. BTC’s share in total capitalization increased to 41.8%. The decline lasted all week, except for Sunday. The number of billionaire-coins decreased to 24, and their total number (according to coinmarketcap.com)...