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Litecoin Pops as Investors Grow Weary of Bitcoin Cash

Posted on August 24th, 2017.

Litecoin (LTC) spiked above $50.00 on Thursday, as demand for Bitcoin Cash (BCH) cooled amid growing concerns that it is heading for another crash. According to Bitcoin analyst Tuur Demeester, the next BCH selloff will likely push Litecoin prices sharply higher. The Bitcoin Hedge? Demeester refers to Litecoin as the “real Bitcoin...

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Analysis: Ripple and NEO Soar as Ethereum Classic Breaks Out

Posted on August 23rd, 2017.

The influx of capital into altcoins continues in earnest, as Ripple added to yesterday’s lofty gains, and it catapulted back to the third place regarding market capitalization. The coin took over Bitcoin Cash after almost doubling in price in a couple of days. XRP is now just below the $0.30 level, although the all-time high of the...

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Analysis: Bitcoin Spikes Lower as Ripple is the Next Coin to Move

Posted on August 22nd, 2017.

After Monero’s surge yesterday, today it’s Ripple that’s on the move, breaking out from its long standing declining trend, and moving above several key resistance levels. The coin is still below the line-in-the-sand resistance at $0.22 but odds favor further more after the lengthy correction. Ethereum Classic, which has been correlated...

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Analysis: Monero Surges by 50% as Ethereum Breaks Out

Posted on August 21st, 2017.

The bull market in cryptocurrencies continues and Monero is the next coin to shine after Dash’s break-out last week. The currency already showed strength in recent weeks, and it finally ended its consolidation with a bang, breaking out to new all-time highs and surging past the $75 level as well. The coin quickly hit the range projection...

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Analysis

Trade Recommendation: Litecoin (LTCEUR)

Posted on August 20th, 2017.

The price moves upward in the borders of an ascending price channel. When the price bounced from the trend line of the channel, we got a buy signal. RSI confirmed price reversal. Now we have to place pending orders for buy above the local swing high. If the market moves higher than 41.00, it will be a good confirmation of further upward...

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Long-Term Cryptocurrency Analysis: Dash Breaks Out and Tops $300 as Bitcoin Enters Correction

Posted on August 19th, 2017.

It was a great week for the patient Dash bulls, as the currency that has been trading in a broad consolidation pattern finally broke out to new highs. While the coin was relatively strong for a long-time, it failed to gather strong bullish momentum. This week, the correction ended with a vengeance, and Dash first hit prior range...

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Analysis: Coins Broadly Lower as Bitcoin Struggles with the $4500 Level

Posted on August 18th, 2017.

Most of the major cryptocurrencies are slightly in the red today, as the recent strong rally in BTC seems to be running out of steam. The severely overbought currency breached the $4500 level yesterday before turning lower again, and that’s a drag on the whole segment, although Bitcoin Cash is still rallying strongly since the first 8 MB...

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Cryptocurrency Analysis: Dash Breaks-Out as Bitcoin Price Nears $4500

Posted on August 17th, 2017.

The bull market in cryptocurrencies continues to make headlines, as BTC and Dash registered another great day, both hitting new all-time highs. Bitcoin only breached its prior record price by a small margin, while Dash shot up by 15% as its triangle consolidation finally ended. The coin turned lower from a tad below our long-term range...

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Analysis: Dash Tests All-Time High as Bitcoin Correction Continues

Posted on August 16th, 2017.

BTC settled down slightly after a swift 10% correction yesterday, and it continues to trade near the $4000 level, still being strenuously overbought regarding the long-term picture. The coin might be forming a short-term Head and Shoulders topping pattern, which would have a target price of $3200 if completed. That said, a move above...

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Analysis: Bitcoin Turns Lower after Monster Rally

Posted on August 15th, 2017.

The overbought condition that the most valuable coin built up since the correction low led to a swift correction today after BTC spiked to $4400 on Monday. The coin surged past our range projection target at $4150 before heading lower and completed a 150% rally in 4 weeks. Despite the current dip, the currency remains overbought, and we...

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Cryptocurrency Analysis: Bitcoin Tops $70 Billion After Weekend Rally

Posted on August 14th, 2017.

Bitcoin is still all the rage in the crypto-segment, as the currency completed a 100% rally since the BIP 91 lock-in just three weeks ago, reaching $4250 this morning, for yet another new all-time high. The coin surged past our range-projection target and it’s now approaching danger zone regarding long-term momentum, with strongly...

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Analysis

Trade Recommendation: Litecoin

Posted on August 12th, 2017.

The price is going to bounce from 46.00 support level. Based on a new low we can draw an uptrend line which will be a support line for further upward movement. RSI is going to confirm price reversal. We can use a breakout signal for confirmation of the upward movement and entry in the market. Place pending orders for buy at 47.50 level....

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Long-Term Cryptocurrency Analysis: Bitcoin and Ethereum Rally Continues amid North Korea Fears

Posted on August 12th, 2017.

The most valuable coin topped $60 billion in market cap during the week for the first time ever, doubling from the correction lows in July in three weeks. The SegWit rally helped the whole segment in leaving behind the more than one-month long-correction, but the long-standing majors failed to break-out to new all-time so far, as the up...

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Cryptocurrency Analysis: Consolidation Continues as Bitcoin and Ethereum Remain Strong

Posted on August 11th, 2017.

Crypto-bulls can be satisfied by the way the majors are working their way through the short-term correction, as both Bitcoin and Ethereum are consolidation just below their recent highs. Bitcoin looks to be ready for another leg higher with a further target near $3675 and the range-projection target at $4150. With the long-term picture...

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Cryptocurrency Analysis: Major Coins Steady amid Geopolitical Storm

Posted on August 10th, 2017.

The crypto-segment settled down after a brief volatile period yesterday, as Bitcoin and Ethereum continue to consolidate their recent gains near $3400 and $300 respectively. The global risk-off sentiment didn’t affect the segment significantly, as the largest coins are still holding up above the primary resistance levels. Bitcoin only...

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Analysis: Volatility Returns to Cryptoworld after Healthy Rally

Posted on August 9th, 2017.

Bitcoin at $3500, Ethereum at $300, Litecoin at $50… Those levels were quite far away just a few weeks ago when the broad correction in the segment dragged the major players and the smaller coins lower. Although only BTC hit new highs during this leg higher, given the incredible rise prior to that in the Ethereum ecosystem, one needs to...

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Analysis: Ethereum and Monero Shine as Crypto Market Tops $120 Billion

Posted on August 8th, 2017.

The cryptocurrency segment experienced some rotation after the first day of the week, as BTC showed some relative weakness following its strong break-out during the weekend. The most valuable coin still inched higher, and it got close to the $3500 level for the first time ever, but Ethereum, Monero, and NEM all gained more. BTC remains...

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Analysis

Trade Recommendation: Litecoin (LTCEUR)

Posted on August 8th, 2017.

The price returns above Simple Moving Average with period 50. New swing low is higher than the previous one. MACD confirms upward movement.We have confirmation that the market is going to continue the upward movement. Long trades must be opened based on a breakout signal. We have 40.00 resistance level and pending orders for buy should...

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Analysis

Cryptocurrency Analysis: Rally Continues as Bitcoin Hits Targets

Posted on August 7th, 2017.

Bull market action continued in the crypto segment during the weekend, as the Bitcoin-led advance carried most of the majors higher. BTC experienced a perfect break-out from the bullish volatility compression pattern that we pointed out last week. The coin hit a marginal new high today in early trading, breaching the second...

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Long-Term Cryptocurrency Analysis: Bullish Picture Unchanged After Fork Day

Posted on August 5th, 2017.

It was a huge week for the cryptocurrency market as the much-awaited Bitcoin and the beginning of the SegWit activation process for the most valuable coin raised fears and expectations alike before August 1.  The fork and the transition went relatively smoothly, and that restored the confidence of investors, pushing volatility down in...

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Dmitriy Lavrov
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Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years of trading experience. He covers Forex, Commodities and Cryptocurrencies. He is among the top 10 most Read More
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Jonas Borchgrevink is the founder of Hacked.com and CryptoCoinsNews.com. He is a serial entrepreneur, trader and investor. He shares his own personal journey on Hacked.com.
P.H. Madore
ICO Analyst
P. H. Madore lives in Arkansas with his wife and children. He has covered the cryptocurrency beat over the course of hundreds of articles for Hacked’s sister site, CryptoCoinsNews, as Read More
Mate Csar
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Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive Read More
Justin O’Connell
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Justin O’Connell is a cryptocurrency journalist who works have appeared in the U.S.’s third largest weekly, the San Diego Reader & VICE.
Mati Greenspan
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Senior Market Analyst at Etoro.com.
Rakesh Upadhyay
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Rakesh Upadhyay is a Technical Analyst and Portfolio Consultant for The Summit Group. He has more than a decade of experience as a private trader. His philosophy is to use Read More
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Pamela Meropiali is responsible for users on Hacked.com.
Joseph Young
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Joseph Young is a finance and tech journalist & analyst based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering Read More