Cryptocurrency Analytics from FXOpen

[voskobojn]

                                                                                 BTC and XRP – Will the breakout continue?
BTC/USD

From yesterday’s low at $11807, the price of Bitcoin increased by 5.76% and came up to $12487 at its highest point breaking out from the significant horizontal resistance level above the psychologically interesting level of $12000. Since then we have seen a minor retracement to $12224 with the price currently being traded at $12307 but it looks like it started increasing again as a minor local higher high is being made.

Read more: https://www.fxopen.blog/btc-and-xrp-will-the-breakout-continue/

[voskobojn]

                                                                       LTC and EOS – Correctional upside after downward impulse expected
LTC/USD

From Mondays high when the price of Litecoin reached the projected high at $68.52 and ended its 5th wave, we have seen a decrease of 14.69% measured to the yesterdays low at $58.779. Since then we have seen a recovery to $63.7 but with the price currently being traded slightly lower at $62.24 level.

Read more: https://www.fxopen.blog/ltc-and-eos-correctional-upside-after-downward-impulse-expected/

[FXO]

BTC and XRP – Bullish price action seen

BTC/USD
From Monday’s high at $11843 the price of Bitcoin has decreased by 2.64% measured to today’s low at $11530. This is still a higher low compared to the low point made last Saturday, August 22nd from where we have seen the start of recovery which lead to the higher high made on Monday and is currently again in an upward trajectory sitting at $11653.

XRP/USD
The price of Ripple has decreased by 3.47% from yesterday’s high at $0.29243 as it fell to $0.28228 at its lowest point today. At the momentum, the price is being traded slightly higher as it started moving to the upside after finding support on the still unconfirmed ascending channel.

Read more: https://www.fxopen.blog/btc-and-xrp-bullish-price-action-seen/

[voskobojn]

                                                                                  BTC and XRP – Bullish price action seen
BTC/USD

From Monday’s high at $11843 the price of Bitcoin has decreased by 2.64% measured to today’s low at $11530. This is still a higher low compared to the low point made last Saturday, August 22nd from where we have seen the start of recovery which lead to the higher high made on Monday and is currently again in an upward trajectory sitting at $11653.

Read more: https://www.fxopen.blog/btc-and-xrp-bullish-price-action-seen/

[voskobojn]

                                                                                   LTC and EOS – Correction To Continue
LTC/USD

From Mondays open at $63 the price of Litecoin fell by around 10% as it came down to $56.7 the following day. Since then we have seen the formation of the local ascending range but in which the price recovered by 4.21% coming to $59 at its highest point yesterday.

Read more: https://www.fxopen.blog/ltc-and-eos-correction-to-continue/

[voskobojn]

                                                                          BTC and XRP – Corrective Range Likely To Get Broken
BTC/USD

From last Thursday when the price of Bitcoin fell down to around $11200 level which was the lowest price has been since the 12th of August, we have seen an increase of 6.83% as the price came up to $11967 at its highest point today at which its currently being traded. The price is in an upward trajectory and is showing strong bullish momentum.

Read more: https://www.fxopen.blog/btc-and-xrp-corrective-range-likely-to-get-broken/

[voskobojn]

                                                                    LTC and EOS: Impulsive Downside Move Seen, Correction Still Developing
LTC/USD

On yesterday’s open the price of Litecoin has retesting its peak from the previous increase and was sitting at $64 area but found strong resistance there and the selling was activated and it fell by 11.77% measured to its lowest point today at $56.73. Currently, the price is hovering above $57.5 mark as a minor recovery has been made and is in an upward trajectory.

Read more: https://www.fxopen.blog/ltc-and-eos-impulsive-downside-move-seen-correction-still-developing/

[voskobojn]

                                                                                     BTC and XRP in a Sideways Range
BTC/USD

The price of Bitcoin has fallen by 18% from last Monday’s high at around $12074 measured to its lowest point made on Sunday at around $9860 which was retested again yesterday. From yesterday’s low, the price started increasing again and made a higher high but we currently seeing a minor retracement with the price looking for support around $10173 area.

Read more: https://www.fxopen.blog/btc-and-xrp-in-a-sideways-range/

[voskobojn]

                                                                                 LTC and EOS – Upward Momentum Slowing Down
LTC/USD

Since the start of the month, the price of Litecoin has decreased by 29.33% as it fell from $64.4 high made on September 1st to $45 area on the 4th and revisited the low level two more times after. Currently, it is being traded at around $48.5 and is in an upward trajectory but a minor retracement has been made with the price showing signs of the momentum slowing down.

Read more: https://www.fxopen.blog/ltc-and-eos-upward-momentum-slowing-down/

[voskobojn]

                                                                                     BTC and XRP – Bullish price action seen
BTC/USD

From last week when the price of Bitcoin was trading at around $9950 at its lowest point, we have seen an increase of  8.86%. This is measured to the current price point at $10816.9 which is the highest price has been this week. The price is an upward trajectory with strong bullish momentum as it started spiking by 1.69% today coming from $10637 daily low to the current high.

Read more: https://www.fxopen.blog/btc-and-xrp-bullish-price-action-seen-2/

[voskobojn]

                                                                            LTC and EOS – Consolidation before a breakout
LTC/USD

From yesterday’s open when the price of Litecoin was being traded at $47.59 around its lowest point, we have seen an increase of around 4.4% as it came up to $49.58. At the moment the price is being traded slightly lower and is hovering at around $48.4 level.

Read more: https://www.fxopen.blog/ltc-and-eos-consolidation-before-a-breakout/

[voskobojn]

                                                                           BTC and XRP – Decline Seen Could Continue
BTC/USD

From Saturday when the price of Bitcoin came up to $11177 at its highest point we have seen a decrease of 7% as it fell to $10388 at its lowest point yesterday. A minor recovery has been seen with the price coming to $10540 but it fell again to yesterday’s low level and made a lower high and is currently being traded at $10466.

Read more: https://www.fxopen.blog/btc-and-xrp-decline-seen-could-continue/

[voskobojn]

                                                                                 LTC and EOS – Has The Correction Ended?
LTC/USD

From Monday’s high at $47.53 the price of Litecoin has decreased by 9.73% as it came down to $42.916 at its lowest point today. Today’s low was the second retest of the level on which the price found support on Monday and from where recovery was seen to the $45.26 area.  But as resistance was present at those levels another descending move was seen.

Read more: https://www.fxopen.blog/ltc-and-eos-has-the-correction-ended/

[voskobojn]

                                                                                BTC and XRP – Ascending Triangle Breakout Ahead
BTC/USD

Since the start of the week, we have seen the price of Bitcoin increasing to $10950 area which was its highest point yesterday. But since then the price made a decrease of 2.74% and fell to $10685 at its lowest point. Currently, we are seeing the price in an upward trajectory and being traded at $10793 with it looking like the increase is likely to continue.

Read more: https://www.fxopen.blog/btc-and-xrp-ascending-triangle-breakout-ahead/

[voskobojn]

                                                                                          LTC and EOS – Upside Expected
LTC/USD

Last week, on Wednesday, September 23rd, the price of Litecoin came down to revisit the September 21st low area and was coming to around $42.5. Since then we have seen the formation of the ascending channel in which the price has been bouncing and now again came to its resistance level for a higher high. At the moment it is being traded at $47.9 which is slightly below todays high but is showing strong bullish momentum as the majority of the increase occurred in two hours.

Read more: https://www.fxopen.blog/ltc-and-eos-upside-expected/

[voskobojn]

                                                                                 BTC and XRP – Breakout To The Downside Seen
BTC/USD

Last Friday the price of Bitcoin came down to around $10455 area from its second attempt to surpass the $10931 level which ended as a failure. Since this drop of around 4.5% occurred we have seen the formation of an ascending channel in which the price action bounced until today when a minor breakout started developing after the price reached $10818 at its highest.

Read more: https://www.fxopen.blog/btc-and-xrp-breakout-to-the-downside-seen/

[voskobojn]

                                                                               LTC and EOS – Further Sideways Movement Expected
LTC/USD

The price of Litecoin has been moving sideways since a breakout to the downside was made from the ascending channel last week’s Thursday when it reached $48.5 at its highest peak. A decrease of 8.63% was made measured to the close of the hourly candle but the price moved even further to the downside coming to $43.2 at its lowest. Since last Friday’s low a recovery has been seen with the price coming close to it’s Thursday’s high but a quick spike to the upside ended with an equally strong impulsive move that led the price below its previous upside starting point and retested the $45.3 horizontal level.

Read more: https://www.fxopen.blog/ltc-and-eos-further-sideways-movement-expected/

[voskobojn]

                                                                                    BTC and XRP – Establishing Support
BTC/USD

The price of Bitcoin has been increasing since last Thursday when it was sitting at $10539.2 and from there reached $11742 at its highest yesterday which was an increase of 11.42%. From yesterday’s high the price pulled back by 2.6% and is currently being traded at around $11500 level.

Read more: https://www.fxopen.blog/btc-and-xrp-establishing-support/

[voskobojn]

                                                                                   LTC and EOS – Showing Upside Potential
LTC/USD

From last week’s Thursday when the price of Litecoin was sitting at $45.58 at its lowest points, we have seen an increase of 13.38% measured to the highest point the price has been this week at $51.68. Since Monday’s high a pullback developed to the significant horizontal resistance level at $49.106 which was broken on the way up and the price is currently testing it for support.

Read more: https://www.fxopen.blog/ltc-and-eos-showing-upside-potential/

[voskobojn]

                                                                                Best Cryptocurrency to Invest in Now – 2020 Edition
The following ten cryptocurrencies provide the best opportunities to invest based on the performance so far during the year and on the fundamentals provided by the crypto market.

Read more: https://www.fxopen.blog/best-cryptocurrency-to-invest-2019-edition/