Hacked: Hacking Finance


Undecided: Price Analysis of Bitcoin, Ethereum, Litecoin, Ripple, and NEM

Posted on .

Undecided: Price Analysis of Bitcoin, Ethereum, Litecoin, Ripple, and NEM


This article was posted on Thursday, 22:02, UTC.

Cryptocurrencies had a very quiet day, with Ethereum’s slide and Ripple’s pull-back defining sentiment. Bitcoin recovered after yesterday’s dip, and finished the US session near the $2700 level again. With financial markets definitely in summer mood, short-term traders might be in for more frustrating days and sudden moves in both directions, as trading volumes thin out. Small cap coins also traded mostly sideways, with the lengthy consolidation patterns being intact. Bitcoin BTC/USD, 4-Hour Chart Analysis Bitcoin continues to trade between $2600 and $2750, with no clear short-term direction amid progressively falling trading volumes. BTC failed to follow through on Tuesday’s…

// -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- //

To continue reading you need to be a Gold Member or Platinum Member. Let us help you become financially independent by signing up. You will get access to exclusive stories, analysis, and guides by experienced traders, economists, and entrepreneurs. Learn more about us here.

Log In Join Now for $39 a Month! OR Save $69 by Subscribing for a Year!

Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.

Feedback or Requests?

Receive New Posts on Email:

Mate Cser

Mate Cser

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 strategies, with a passion towards anything that is connected to the market.

Whoa, off the bat, we find in a simple search…