Analyze graphs: when will season altcoins?
Source:Do Not relax — altcoins are still falling. For the last day of top 10 of coins lost an average of 5 percent of its value. Looking at the chart, the bears will continue to push the price even lower in the coming days. Consider the situation in more detail on the example of the price movement of three popular coins.
theEOS
Yesterday EOS fell nearly 3 percent and is currently in a consolidation phase. Now the bears are not allowed buyers above the key Fibonacci levels for sufficient accumulation of coins in their wallets.
If we apply Fibonacci retracement in the September discharge of cryptocurrencies, it becomes clear that it gradually forms a symmetrical triangle on the 1 day chart. Whereas the resistance levels of support, come to the conclusion that during the next drain EOS will test the level of $ 5.
To start a bullish trend, buyers need to break above $ 7. Fall below 4.5 dollar will open the way to support in the area of $ 1.5.
theResistance to censorship did Litecoin real «longevity» of the stock market. All thanks to the innovations that appear in the project. Recently, the developer of Litecoin Charlie Lee told how to buy Amazon gift cards with LTC.
I just bought an Amazon gift card using LN on Litecoin. The payment went through instantly and I got the gift card right away. Good job on the great user experience !
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Bitcoin on the verge of a sharp price jump. Whether to wait for it until the end of this week?
may soon break out of a symmetrical triangle on the day chart. Upside breakout will lead to the rapid growth of crypto-currencies in the short term. the Overall situation looks like this: the the consolidation of the asset comes...
Expert: Bitcoin is far from the bull market. What's wrong?
the Cryptocurrency market is an unpredictable element. Part of the reason institutional investors are in no hurry to step into it, however, postpone the repetition of the scenario of the end of last year. The fact that sometimes o...
The Federal financial monitoring service in Russia cryptocurrency being used for drug trafficking
the crypto currency in Russia is used for different criminal activities, including drug trafficking. This is stated in the report to Rosfinmonitoring about the national risk assessment of money laundering in 2017-2018. the docume...
Why cryptocurrency and Bitcoin isn't "Tulip mania". Analyst is responsible
Assessment of Coinbase exchange in $ 8 billion suggests that cryptocurrencies are another example of "Tulip revolution". Since there is the first financial bubble bursting in the 19th century. This was stated by the former Manager...
The Ethereum will not fall: the authors of the ICO projects exchanged almost all the coins for Fiat
ICO project is unlikely to affect the course of Ethereum, and even more so to unleash it. Most of the startups that caught the coins during the initial placement of the tokens already sold them for Fiat currency. This is stated in...
Dispel myths: masternode and hyperinflation
Masternode equally represent madness, myths and hopes. When you hear from someone about masternode, you will never believe in the word. Opinions are divided on the pros and cons. Here we try to dispel the myths that surround this ...
The way up: 12 convincing reasons why Ethereum will grow
Ethereum is a very versatile platform, whose prospects are almost limitless. So says lane Rettig, founder . In his recent publication on Rettig led 12 evidence that for Ethereum everything is just beginning. The conversation goes ...
Bots are increasingly manipulated exchange rates of cryptocurrencies. Should you be afraid of?
In cryptocurrency market are many scams. Participants with varying degrees of success trying to get unscrupulous players, but this time the blow came from where did not wait. It turned out that along with the crooks of large funds...
Down with centralization: how the new algorithm ProgPoW will help in the fight against ASIC mining
the Team EOS Classic recently reported on the status of implementation of the algorithm ProgPoW in Geth, the official Go client for the Ethereum. It happened almost immediately after the head of security Ethereum Foundation Martin...
on the Eve edition of the Wall Street Journal in its investigation cryptocurrency exchange ShapeShift is one of the biggest culprits in laundering criminal money through coins. A few days later the CEO of trading platform Eric Voo...
recently, the customs departments of Australia and New Zealand came into force new restrictions for entering the country. Now the customs officers will be forced to select passwords from smartphones and laptops. Those who refuse t...
The developers Siacoin will hold hardwork against ASIC miners from Bitmain. But not so smooth
the Developers of the coin Siacoin (SC) announced a hard forks for exclusion from the network ASIC miners from Bitmain and Innosilicon. The upgrade to version 1.3.6 is scheduled on 31 October, said in a statement. Originally, the ...
Analyze graphs: should I buy Ethereum Classic this week?
Ethereum Classic soon may rise against the dollar. At least, this is indicated by technical indicators 1-hour chart of cryptocurrency. the Overall situation looks like this: the the the price of the asset konsolidiruyutsya just a...
Mont crypto: in Paris opened an exhibition of the tenth anniversary of Bitcoin
Bitcoin will Soon be 10 years old. In honor of this event, artists from around the world arranged the first exhibition dedicated entirely to cryptocurrencies. It will be held in France. About it writes . the Exhibition opened on 2...
Over the past couple of years, mining has evolved considerably. Now this is not just an interesting hobby for the geeks, but also a promising business direction. Now in the niche is born a lot of really cool projects for mining ma...
Good dog: Dogecoin is preparing for a new leap to the moon
Even if the previous week did not bring us any interesting news with trading Dogecoin fronts, from that day things can change. Dogecoin managed to please investors with unexpected growth, but the coin still have potential bullish ...
Monero launch website to protect against covert mining. How it will work?
the Developers of the coin will launch a new educational website which will help data center owners and others to protect their money from scammers and to calculate and malware on your computer or smartphone. This writes with refe...
A Chinese billionaire has ceased to invest in the ICO and blockchain startups. Why?
Chinese billionaire and founder of the venture capital Fund BitFund Whether Saali ceased to invest in the blockchain startups and ICO projects. He stated in his blog platform Weibo. The message drew the attention of the employees ...
Comments (0)
This article has no comment, be the first!