|Day's range||606.882 - 629.072|
|52-week range||221.21 - 3,366.30|
|Volume (24 hrs)||518.47k|
|Volume (24 hrs) all currencies||1.33B|
When it comes to making big money in trading, the trend is your friend. But spotting the trend early is challenging. That's where flags can help.
Bitcoin sees red in the early part of the day, though support at the 23.6% FIB Retracement Level continues to hold Bitcoin back from bigger losses.
It’s a bad start to the weekend, with only a few majors in positive territory as the bears regained control. A weekend rally would restore confidence.
The prices have been consolidating and ranging but the bulls should be encouraged by the gains that have been ade over the last few days
Blockchain, cryptocurrencies, and ICO’s have been the focus of attention in 2018 and continue to develop steadily. Although the general public is not yet familiar with blockchain technology, a growing number of people are starting to get curious about the topic. We interviewed Marco Amadori, CEO of Inbitcoin, to deepen the subject.
Based on Wednesday’s late reversal to the upside in gold and today’s early weakness, I expect to see prices continue to be guided by the movement and direction of the U.S. Dollar. The inverse relationship between the two couldn’t be clearer at this time. So this will be our indicator for gold prices until proven otherwise.
Bitcoin bucked the trend on Wednesday, while joining the rest of the majors early on this morning, with minor losses as investors lock in profits off the back of a string of solid gains through the week. Support levels are in play today.
It’s back in the red for the majors who are now relying on support levels to avoid a reversal of gains through the early part of the week. Holding on through the day will be key to avoiding a full reversal ahead of the weekend.
The prices have been steady as the bulls try and hold on to the gains to inspire other traders and investors to join their lot
Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.
Monero’s XMR is on the move through the early morning, with momentum from Tuesday’s rally spilling over to the early hours, the crypto bulls eyeing $150 levels to begin a bearish trend reversal.
Bitcoin’s rally through the start of the week led to the formation of a near-term bullish trend, with momentum continuing in the early hours as market angst over rules and regs easing following the FSB statements early in the week.
The cryptomarket is turning bullish following an extended bearish trend that had left investors on the defensive. Following a second day of solid gains on Tuesday, momentum has continued this morning with resistance levels being tested.
The exchange says it has got the go-ahead to acquire three regulated firms, the first step in a plan to offer tokens deemed as securities in the U.S.
Following the uncertain nature of ICOs, the market has led to the hunt for a better alternative. There is a potential game changer coming up called Initial Loan Procurements (ILPs) that is causing quite a buzz.
Bitcoin gives up early gains as investors lock in profits, though the losses are not large enough to pin back any hopes of further gains later in the day.
The majors were in the red through the early part of the day, with some profit taking weighing on the cryptomarket, while key support levels were untested early on.
A separation between XRP and Ripple is set to come into effect, a move that will allow both retail and institutional investors to have a clear idea of what the two are and what they stand for.
Bitcoin’s looking to consolidate on Sunday’s rally, though much will depend upon the news wires through the day, regulators and governments busy behind the scenes to bring the market into the mainstream on reg front.
The majors hold on in the early hours following the weekend recovery, with resistance levels in play today as the investors look to break free from the bearish sentiment that has pinned the majors down of late.
Understanding what cryptocurrencies are and how they work can help you make an informed decision about whether or not you should become a crypto market investor. While there are still potentially compelling reasons to invest, there are also reasons thoughtful investors may want to wait and see how the market plays out.