Cryptomarket Analysis August 15
Main page Finance, Bitcoin, Dash, Ethereum, Litecoin, Cryptocurrency Exchanges, Cryptocurrency
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Aug. 15, 2018
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What happened in the cryptocurrency world over the past 24 hours.

On Tuesday the long-awaited buyers appeared in the market. Bitcoin and dash ensued the bullish scenarios, ethereum slightly lagged behind.

Bitcoin

The expected test of nighttime’s minimum mark of bitcoin (Bitcoin) didn’t come to be. Instead, we witnessed a slow, gradual and cautious drift upwards. Such growth is more likely due to the lack of sellers than to the activity of buyers.

Daily Scenario

According to the uptrend today, the main task for bulls is to fix above the $6,180 level and develop the success by mounting an attack at $6,534 and $6,628.

Ethereum

Ethereum (ETH/USD) overcame the $274 mark and entered the high-volume area of $274 – 320. This acted as a powerful magnet for the price, and its growth to the most popular level ($298) is only a matter of time.

Daily Scenario

Today we expect bullish activity, that provides an increase to $298 and an upper border test of high-volume area ($320).

Dash

Yesterday dash (DASH/USD) proceeded according to bullish scenario. $144 mark turned out to be the support level, so today it’s the basiс goal for sellers.

Daily Scenario

The increasing demand can mean the cryptocurrency returns to the $164 – 168 area. The global target is the maximum mark of Sunday / Monday - $173.

Aside from bitcoin, ethereum and dash, there are several other interesting digital currencies from the 1,700 available which are worth taking a look at. The losers and winners of the past 24 hours are: Cashcoin - 96,98% growth and Plancoin - 32,67% decrease. Keep an eye on cryptocurrencies, study them and use our quotes page to keep up to date.

Trading in the cryptocurrency market is associated with high risks and is not suitable for every investor. The above analysis should not be considered as a recommendation or a call to action. Each trader should assess the risks for themselves. Both the author and Insider.pro are not liable for the potential losses incurred.

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