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Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?

Litecoin was not spared during Wednesday’s sharp drop. Its price fell 14%, from 51 to 44$. Below we are going to offer an analysis of what might happen in the following months. A look at the weekly chart shows us that the price has been facing resistance from the 9-day SMA (Simple Moving Average) since […] Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-16 13:54


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


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Huobi Big Data Weekly Insights: Dramatic Decrease in Trade Volume and Rising EOS Network Transactions

Huobi Research published its blockchain big data weekly insights on Oct. 30th which revealed the expected and the unexpected. The data is for the period from Oct. 10th to Oct. 17th. The report is relevant because it monitors the transactions on several blockchain networks, the distribution of wealth, and the most searched keywords. дальше »

2018-10-31 16:59