cryptocurrency price analysis

in #bircoin7 years ago


hello steemians how are you i hope your fine.
Well now crypto price anlaysis in this week we see lots of thing happen in crypto world like Omg coin is record high volume.
and Etherum is forming cup formation

Bitcoin is going to be gains.
so now world biggest and most traded cryptocurrency market capitalization ($157 billion) bitcoin holding onto its recent gains despite .we see some struggle in bitcoin in this week.bitcoin in back in uptrend and in 200 day moving average.it s around $9030 in uptrend in february 6 low and trading around $8900 .On the upside the 61.8% retracement level at $9,397 has been broken twice and should not offer too much resistance.

Etherum is now beast mode set up to bullish pattern
Etherum is set a cup tea pattern in prevoius day which means it is going to upward now come to the point etherum have resistance at $764 and $810 may be reached shortly. On the downside, 200-day moving average at $588 followed by two swing lows at $566 and $497. Ethereum was also mentioned by former CFTC regulator Gary Genser when he discussed the security.

Litecoin have also show potential to higher growth
Litecoin is at this time in level of $150, the upside targets include $166 followed by $175 before $200 comes into the equation. if it seen a bacward at this coindition is pull back to $137.

Ripple also a chance to be going to be up
Ripple fell more than 20 % in in previous days On the upside, resistance is seen at $0.96 ahead of $1.00 while support is pegged at $0.75 followed by $0.71 and $0.61.