What happened in the cryptocurrency world over the past 24 hours.
On Thursday the situation in the cryptocurrency market developed mainly in accordance with a neutral scenario, although ethereum fulfilled the first target of the bullish plan - it fixed at the control price of $298.
Bitcoin
Currently bitcoin (Bitcoin) is moving toward the most popular level ($6,534) of the high-volume area. Sellers usually become active at a slightly higher level ($6,550 +). A test of this area was provided by yesterday's scenario of growth.
Daily Scenario
In general the situation hasn’t changed over the night. The main task for bulls is still the same - an attack at $6,800. The global goal for the upcoming weekend is $7,108 mark.
Ethereum
Ethereum (ETH/USD) fixed at the control price of the current strong high-volume area. In this area, a consolidation took place before the breakthrough of the upper border of the triangle last year. It will be interesting to watch the cryptocurrency behaves further.
Daily Scenario
Today the bullish scenario involves the testing of the control price of Monday and the upper border of the high-volume area. The main target for the weekend is $360.
Dash
Dash (DASH/USD) chose a neutral scenario and tested the borders of the consolidation area. The scenario for Friday and weekend generally hasn’t changed.
Daily Scenario
Bulls are striving for the $164 - 168 range. In case of favorable conditions, we may probably see an attack at $173 and an increase to $181.
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: OptiToken - 235,59% growth and CloakCoin - 42,21% 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.