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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


Cardano (ADA), IOTA (MIOTA) and Tron (TRX) Price Analysis

After a slow weekend, the various digital coins have had a hard time picking an upward momentum. This has occasioned a dip in the Relative Strength indexes signaling reduced investor sentiments. Additionally, for all of today’s focus coins, the 30-day Moving averages are above the 9 day moving averages with the former acting like the […] The post Cardano (ADA), IOTA (MIOTA) and Tron (TRX) Price Analysis appeared first on ZyCrypto. дальше »

2019-1-22 22:35