Cryptocurrency Analytics from FXOpen

[voskobojn]

LTC/USD

From Monday’s low at $69.42 the price of Litecoin has increased by 12.86% measured to yesterday’s high at $78.37 which is the weekly high so far. Since yesterday the price has fallen to $75.8 as a minor retracement has been seen, but the price started increasing again and is currently being traded at $77.8.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-wxy-correction-to-the-downside-ended/

[voskobojn]

                                                                    Bitcoin bulls target $8500 and $9000, Ripple spikes up by 29%
BTC/USD

The price of Bitcoin has continued increasing over the weekend and has come up from $6225 on Friday’s low to $8166  at its highest point today which is an increase of 31.5%.  This increase is a continuation of the impulsive move started on the 26th of April and is the ending wave of the higher degree count.
Read more: https://blog.fxopen.com/bitcoin-bulls-target-8500-and-9000-ripple-spikes-up-by-29/

[voskobojn]

                                                                 LTC and EOS experiencing strong sellers pressure as the prices drop
LTC/USD

From yesterday’s high at $91.53 the price of Litecoin has decreased by 6.16% and is currently being traded at $86. The price started moving with strong momentum to the downside on yesterday’s interaction with the horizontal support level from the prior upper range and continued on during the day.
Read more: https://blog.fxopen.com/ltc-and-eos-experiencing-strong-sellers-pressure-as-the-prices-drop/

[voskobojn]

                                                   BTC/USD and XRP/USD: another minor increase before a downturn expected
BTC/USD

The price of Bitcoin has been increasing since last week and has come up from $7550 at its lowest point on Thursday, to $8892 at its highest point made yesterday which is an increase of around 18%.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-another-minor-increase-before-a-downturn-expected/

[voskobojn]

                                               LTC/USD and EOS/USD close to completion of the ending wave, downturn shortly expected
LTC/USD

From last week, when the price of Litecoin was $84.94 at its lowest point on Thursday 23rd we have seen an increase of around 40% as the price reached spiked to $122.32 at its highest, but found strong resistance at $118 below which the majority of the hourly candles closed.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-close-to-completion-of-the-ending-wave-downturn-shortly-expected/

[voskobojn]

                                                                               BTC and XRP: Has the expected downtrend started?
BTC/USD

From yesterday’s high at $8742, the price of Bitcoin has decreased by around 10% today as it came down to $7856 at its lowest point. Over the weekend we have seen the price reaching $8970 and has expected to continue potentially increasing for another minor higher high and interact with the 0.382 Fibonacci level at around $9400 after the higher degree downturn starts.
Read more: https://blog.fxopen.com/btc-and-xrp-has-the-expected-downtrend-started/

[voskobojn]

                                                        LTC and EOS: Corrective recovery expected before further downside movement   
LTC/USD

The price of Litecoin has been decreasing from Monday with strong momentum. The cryptocurrency has depreciated in value by 14.61% from Monday’s high at $115.52 to the low at the yesterdays open at $98.64 which is the weekly low so far. The price is currently being traded at around $104 as it found some temporary support.
Read more: https://blog.fxopen.com/ltc-and-eos-corrective-recovery-expected-before-further-downside-movement/

[voskobojn]

                                                   BTC/USD and XRP/USD – Downtrend likely started with the prices headed for a lower low
BTC/USD

From yesterday’s open at $7581 the price of Bitcoin has increased by 5.76% as it came up to $8017 at its highest point today. Last Friday the price came up to $8140 which was the first significant horizontal resistance level on the way up which is why the price got rejected at those levels and was sent back to the levels from which the increase was made. As today we have seen the price coming slightly lower than on Friday it has gotten close to the significant resistance point again and is currently forming a cluster as indicated by the price action.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-downtrend-likely-started-with-the-prices-headed-for-a-lower-low/

[voskobojn]

                                                                  LTC/USD and EOS/USD: Is the bullish period over?
LTC/USD

From Monday’s open at $113.554 the price of Litecoin has increased by 25.66% as it came up to $142.68 at its highest point today. Since then the price has fallen by around 6% and is currently being traded at $134.73 with the price action forming a horizontal cluster.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-is-the-bullish-period-over/

[voskobojn]

BTC/USD and XRP/USD – strong resistance encountered

BTC/USD

On yesterday’s open the price of Bitcoin was sitting around $8985 as the price came down to the descending trendline after an interaction was made with the 0.382 Fibonacci level on Sunday. From there the price made another attempt to surpass the Fibonacci level but the interaction again ended as a rejection causing the price to pull back to $9058 at its lowest point today and is currently being traded at $9134.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-strong-resistance-encountered/

[voskobojn]

EOS/USD

From last Monday the price of EOS has been in an upward trajectory and has recovered by around 19%, coming from $6 at the open to $7.211 on Tuesday 18th. Since the price reached its weekly high it started decreasing again and has fallen by 8% on the next day coming to $6.67 but is currently trading slightly above at around $6.774.
Read more: https://blog.fxopen.com/eos-usd-and-ltc-usd-struggling-to-keep-up-the-upward-momentum/

[voskobojn]

BTC/USD continues increasing while XRP/USD showing signs of weakness.

BTC/USD

From last weeks Monday when the price of Bitcoin was sitting at $8986 at its lowest, we have seen an increase of 26.55% measured to the highest point the price has been today which is at $11372. The price continued increasing after yesterday’s pullback of around 4.87% which brought the price down to $10633 and is still in an upward trajectory.
Read more: https://blog.fxopen.com/btc-usd-continues-increasing-while-xrp-usd-showing-signs-of-weakness/

[voskobojn]

LTC and EOS: the end of the bullish period?

LTC/USD

From yesterday’s open at $137.7 the price of Litecoin has decreased by 16.15% as it fell to $115.517 at its lowest point. It is currently being traded at $117.36 as it spiked to the downside inside the lower range inside the horizontal resistance area.
https://blog.fxopen.com/ltc-and-eos-the-end-of-the-bullish-period/

[voskobojn]

BTC/USD and XRP/USD – further downside expected

BTC/USD

Last week the price of Bitcoin started failing impulsively after reaching $13714 at its highest point on Wednesday. The price decreased by over 24% on the next day as it came down to $10400 at its lowest spiked by the hourly candle closed above $10772 after which recovery took place. From Friday’s open at $10817 we have seen a recovery of 14.12% on Saturday as the price came up slightly below the 0.618 Fibonacci level which is in price terms at $12342.

On the next day, another attempt has been made for the price to surpass the 0.618 Fib level but the price action formed a lower high which was an early sign of weakness with the price immediately starting to move impulsively to the downside again as the third wave out of the starting downtrend has begun.
Read more: https://blog.fxopen.com/btc-usd-and-xrp-usd-further-downside-expected/

[voskobojn]

LTC/USD and EOS/USD: Recovery continues but for how long?

LTC/USD

From Tuesday’s low at $114.26, the price of Litecoin has increased by 9.16% measured to its highest point today which was at $124.75. The price spiked even higher, reaching $126.98 at its peak but the hourly candle closed below $125 area.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-recovery-continues-but-for-how-long/

[voskobojn]

BTC/USD

From last Tuesday when the price of Bitcoin came down to $9833 at its lowest point we have seen an increase of 30% measured to the highest point the price has been today which is at $12814. The price is currently being traded at $12348 and even spiked further down to $12119 at its lowest point today.
Read more: https://blog.fxopen.com/btc-and-xrp-the-prices-recover-but-for-how-long/

[voskobojn]

EOS/USD

From yesterday’s high at $5.9224 the price of EOS has decreased by 23.38% as it fell down to $4.53 and even spiked further down to $4.32 at its lowest point. The price is currently being traded at $4.71 as it found support at the significant horizontal support level and is attempting to make a recovery.
Read more: https://blog.fxopen.com/ltc-usd-and-eos-usd-the-prices-crash-as-the-corrective-increase-ended/

[voskobojn]

BTC/USD

From yesterday’s low at $9931 the price of Bitcoin increased by 10% as it came up to $10932.2 at its highest point today. The price is currently being traded slightly lower at $10676 as a minor pullback occurred.
Read more: https://blog.fxopen.com/btc-and-xrp-recovery-continues-but-the-prices-are-struggling-to-keep-up-the-upward-momentum/

[voskobojn]

                                                 BTC and XRP – Retracement seen but recovery is expected to continue
BTC/USD

From yesterday’s high at $10976.7 the price of Bitcoin has decreased by 9.62% as it came down to $9920.6 at its lowest point today around which the price is currently being traded.
Read more: https://blog.fxopen.com/btc-and-xrp-retracement-seen/

[voskobojn]

                                                  LTC and EOS – Prices start increasing again as the recovery continues
LTC/USD

From last weeks high at $105.3 the price of Litecoin has decreased by 16.21% measured to the lowest point the price has yesterday which is at $87.994. Since yesterday’s low, we’ve seen an increase of 10.31% as the price came up to $97.127 at its highest point today around which it is currently being traded.
Read more: https://blog.fxopen.com/ltc-and-eos-prices-start-increasing-again-as-the-recovery-continues/