What happened in the cryptocurrency world over the past 24 hours
On Monday, long-awaited buyers finally enter the market. All cryptocurrencies fulfilled the basic goals of their bullish scenarios, dash saw explosive growth after news of it’s cooperation with Kripto Mobile.
Bitcoin
Bitcoin (Bitcoin) attacked the upper border ($6,920) of the high-volume area and currently is moving to the next target - $7,108 that was the level which started the fall of August, 7.
Daily Scenario
Today bulls need to attack the $7,108 level and solidly fix above $6,920 level. The next target would be $7,466.
Ethereum
Ethereum (ETH/USD) demonstrated less growth than other main cryptocurrencies. The benchmark price is form August, 22, so the most likely move is the growth to the $298 level.
Daily Scenario
Bulls need to settle near the control price of $298 for further growth. The ambitious target is $320 - the upper border of the high-volume area.
Dash
Following favorable news, dash EXANTE: DASH.EXANTE) exceeded the bullish scenario and tested the resistance level of $192,5. Right now the cryptocurrency is consolidating near $171 - 181.
Daily Scenario
Taking into account current market structure, bulls must develop their success. This requires at least one more significant attack at $192,5. The global target is $205.
Aside from bitcoin, ethereum and dash, there are several other interesting digital currencies available from the 1,700 which are worth taking a look at. The losers and winners of the past 24 hours are: AC3 with 76,56% growth and TrustNote with 40,98% 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.