Cryptocurrency Analytics from FXOpen

[voskobojn]

                                                                           LTC and EOS – Consolidation Expected Before Further Upside
LTC/USD

The price of Litecoin has been increasing since the start of the week and from Monday’s low at $79.215 we have seen a rise of 29.75% measured to its highest point today at $102.781. Currently, the price is being traded slightly lower as a minor pullback was made and is sitting just below the $100 mark.

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

[voskobojn]

                                                                            BTC and XRP – Correction developing but for how long?
BTC/USD

The price of Bitcoin has continued increasing from last week and came to $24,310 at its highest points yesterday from which it decreased by 10.11% at first, but is now making a recovery and is currently sitting at $23,478 level. This minor pullback we have seen yesterday could have been the beginning of the higher degree descending move as the prior impulse to the upside ended but since the price is starting to increase again we are yet to see.

Read more: https://www.fxopen.blog/btc-and-xrp-correction-developing-but-for-how-long/

[voskobojn]

                                                                                      BTC and XRP – Significant moves ahead
BTC/USD

The price of Bitcoin has been increasing from last Monday when it was sitting at $21,860 and came up to $28,357 on Sunday which was an increase of around 30%. Since then we have seen a pullback to $25,811 at its lowest spike but both times the price snapped back above $26,213. At the moment it is being traded at $26,829 and is moving sideways.

Read more: https://www.fxopen.blog/btc-and-xrp-significant-moves-ahead/

[voskobojn]

                                                                                 BTC and XRP – Consolidation developing but for how long?
BTC/USD

The price of Bitcoin has been in a decline since Sunday when it reached $34,716 at its highest point. We have seen a downfall to $30,367 but the price spiked further to $27,774 at its lowest wick before snapping back above the 0 Fib level. Currently, it is being consolidated above it and is moving sideways, sitting at $31,901 and is in an upward trajectory.

Read more: https://www.fxopen.blog/btc-and-xrp-consolidation-developing-but-for-how-long/

[voskobojn]

                                                                                 LTC and EOS – Establishing support before new highs
LTC/USD

The price of Litecoin has been increasing since last week and came up from $124.2 at its lowest point on Saturday to $170 at its highest on Monday. This week has started with a pullback to $147.2 but the price is back on the same levels as on Monday.

Read more: https://www.fxopen.blog/ltc-and-eos-establishing-support-before-new-highs/

[voskobojn]

                                                                                BTC and XRP – Has the correction ended?
BTC/USD

From yesterday’s low at $30,340 the price of Bitcoin has increased by 20.71% as it came to $36,743 at its highest point today. Since then it has made a minor retracement and is currently sitting at around $35,340 and is in a downward trajectory.

Read more: https://www.fxopen.blog/btc-and-xrp-has-the-correction-ended-3/

[voskobojn]

                                                                                       BTC and XRP – Prices continue to rise
BTC/USD

The price of Bitcoin has been moving sideways since last week as it came up to $40,000 area but then fell to $33,813 at its lowest point yesterday. This occurred after recovery and now we are seeing another minor one with the price reaching $37,486. Currently, it is being traded slightly lower but is still in an upward trajectory.

Read more: https://www.fxopen.blog/btc-and-xrp-prices-continue-to-rise/

[voskobojn]

                                                                                 Litecoin and EOS – Bears are in control
LTC/USD

The price of Litecoin has been in a decline since Tuesday when it was sitting at $166.11 and made a downfall to $130 level today, which was a decrease of 21.74%. Now the price is being traded slightly higher but is still in a downward trajectory.

Read more: https://www.fxopen.blog/litecoin-and-eos-bears-are-in-control/

[voskobojn]

                                                                                BTC and XRP – Bearish scenario expected
BTC/USD

From yesterday’s open the price of Bitcoin has increased by 12.44% coming from its lowest point of $31,030 to $34,891 at its highest but has since then made a downfall. The price fell back to the same levels as on yesterday’s low and is now starting to make another recovery attempt. Currently it is sitting at around $32,221.

Read more: https://www.fxopen.blog/btc-and-xrp-bearish-scenario-expected/

[voskobojn]

                                                               LTC and EOS – Correction might have ended but downside potential still present
LTC/USD

The price of Litecoin has been on the rise since yesterday as it came from $118.1 to $132.15 which is an increase of 11.89%. Now it is being traded slightly lower but is still in an upward trajectory.

Read more: https://www.fxopen.blog/ltc-and-eos-correction-might-have-ended-but-downside-potential-still-present/

[voskobojn]

                                                                  BTC and XRP – Corrections might have ended but further confirmation still needed
BTC/USD

The price of Bitcoins has been moving sideways in the last couple of days after it made a spike to the upside to $38,637 at its highest point. This increase of around 31.9% came after the price tested the descending triangles support level and was the impulsive move that made a breakout from the triangles on the upside.

Read more: https://www.fxopen.blog/btc-and-xrp-corrections-might-have-ended-but-further-confirmation-still-needed/

[voskobojn]

                                                                             LTC and EOS – Pullback or the beginning of a downtrend?
LTC/USD

The price of Litecoin has been in a decline from today’s open at $159 which was its highest point so far. It made a decrease of 9.67% at its lowest today but is currently being traded slightly high at is sitting at around $149.11.

Read more: https://www.fxopen.blog/ltc-and-eos-pullback-or-the-begging-of-a-downtrend/

[voskobojn]

                                                                                    BTC and XRP – Bullish momentum confirmed
BTC/USD

The price of Bitcoin has broken out from its prior resistance and impulsively came to $48,200 at its highest point today. From its lowest point on Sunda when it was sitting around $37,430, this is an increase of 28%. Currently, a minor retracement is being made with the price sitting at $46,604 but is still in an upward trajectoty.

Read more: https://www.fxopen.blog/btc-and-xrp-bullish-momentum-confirmed/

[voskobojn]

                                                                               LTC and EOS – Resistance seen but for how long?
LTC/USD

The price of Litecoin has been increasing in the past week, and from last Thursday when it was sitting at $141.27 at its lowest, we have seen an increase of 37.8$ measured to its highest point yesterday at $194.31. Since then the price made a pullback to $170.54 but is again back in an upward trajectory, currently sitting at $188.

Read more: https://www.fxopen.blog/ltc-and-eos-resistance-seen-but-for-how-long/

[voskobojn]

                                                                                         BTC and XRP – New highs expected
BTC/USD

The price of Bitcoin has continued its upward trajectory from last Monday and came up from $37,691 at its lowest point to $49,808 at its highest point on Sunday which was an increase of 32.15%. From Sunday’s high, we have seen a pullback to the $46,000 zone but the price is now once again in an upward trajectory. Currently, it is sitting just slightly above $49,000 mark and is testing its horizontal resistance.

Read more: https://www.fxopen.blog/btc-and-xrp-new-highs-expected/

[voskobojn]

                                                                                     LTC and EOS – Correction soon to come?
LTC/USD

The price of Litecoin continued increasing since last week. From its lowest point last Thursday when it was sitting at $175.78 we have seen an increase of 36.57% measured to its highest point today at $240. Currently, it is being traded just below $230, but the price is in an upward trajectory overall.

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

[voskobojn]

                                                                  Bitcoin Surge Continues as More Institutional Investors Turn to Digital Assets
The price of Bitcoin reached $57,000 over the weekend. The extent of the current bull run is so aggressive that earlier forecasts that Bitcoin will reach 200k and more in less than a year do not sound improbable anymore.

If that is going to be the case, it remains to be seen. What is important now is that the price of Bitcoin is disconnected completely from reality in the sense that the technology itself has no use and that the asset is purely speculative.

Read more: https://www.fxopen.blog/bitcoin-surge-continues-as-more-institutional-investors-turn-to-digital-assets/

[voskobojn]

                                                                       BTC and XRP – Correction or the end of the increase altogether?
BTC/USD

From its all-time high at $58,360, the price of Bitcoin has made a decrease of 22.8% today as it fell to $45,058 at its lowest spike. Currently, it is being traded at $47,251 and the price is in a steep downward trajectory.

Read more: https://www.fxopen.blog/btc-and-xrp-correction-or-the-end-of-the-increase-altogether/

[voskobojn]

                                                                                  LTC and EOS – Further downside more likely
LTC/USD

The price of Litecoin has been in a decline from Saturday’s high when it came up to  $247. From there we have seen a downfall of 35.8% measured to its lowest point of the week made on Tuesday at $158.56. We have seen a minor recovery as the price made a rise to the $190 area but has since pulled back again and is currently sitting just below $180.

Read more: https://www.fxopen.blog/ltc-and-eos-further-downside-more-likely/

[voskobojn]

                                                                            BTC and XRP – Breakout seen but first resistance encountered
BTC/USD

From Sunday’s low at around  $43,070, the price of Bitcoin came up $49,579 at its highest point today which was a recovery of 15%. Since today’s high, we have seen a minor pullback but the price is still in an upward trajectory overall.

Read more: https://www.fxopen.blog/btc-and-xrp-breakout-seen-but-first-resistance-encountered/