Mate Cser on July 6th, 2017.
The crypto-market is still dominated by the long-term correction pattern that keeps Ethereum’s and Bitcoin’s price in narrow ranges for almost a week now, with no significant moves in the two most valuable cryptocurrencies after last week’s strong decline and quick rebound. The smaller coins are now diverging from the majors and each...
Mate Cser on July 4th, 2017.
Bitshares/Bitcoin: Long-Term Buy Bitshares/Bitcoin, Daily Chart Analysis We have been monitoring the correction in the coin for the past three weeks, and now Bitshares is on the verge of breaking the declining trendline that has been dominating the move. The currency is one of the first smaller coins to show strength since last week’s...
Mate Cser on June 30th, 2017.
The most watched rising stars of the crypto-market experienced a steep correction together with the majors, and they are still in the same boat as Ethereum and despite the lower level of correlation today. Stratis, Steem, and Bitshares held up well compared to BTC during the decline, while Zcash got hit harder, although the coin was...
Mate Cser on June 28th, 2017.
The smaller coins have been following the majors lower in the strong correction of the past few days, as the correlation between the coins jumped and the main swings were concerted in the different currencies. Yesterday’s re-test was slightly different, as some of the coins started diverging from Bitcoin and Ethereum, while the huge...
Mate Cser on June 23rd, 2017.
Some of the up-and-coming altcoins are finally showing strength today, although the lengthy, and possibly frustrating consolidation period is still “on”, according to the charts, with the small cap coins only regaining what they lost in recent days. That said, today’s price action is encouraging, despite the low trading volumes and the...