What happened in the cryptocurrency world over the past 24 hours.
On Tuesday the cryptocurrency market operated in accordance with a neutral scenario.
Bitcoin (Bitcoin) spent most of the day below the control price of the high-volume area. This indicates a slightly higher activity of sellers than buyers. There are not enough players in the market of higher temporal orders, so today the neutral scenario is most likely (although it can be prevented by any favorable news).
Time-lapse: on September 26, 2017, bitcoin stopped growing at $3,948.
The neutral scenario provides fluctuations in the $6,340 - 6,489 range.
Ethereum (ETH/USD) went slightly beyond the borders of the neutral scenario, but it didn’t bring any global changes: the cryptocurrency remains in the high-volume area.
Time-lapse: on September 26, 2017, ethereum price increased to $292,90.
Today ethereum is going for a consolidation in the range seen on Wednesday / Thursday ($203 - 216) with a possible drift to $219.
Bulls are still managing to keep the level of $180, but the dynamics of dash (DASH/USD) in recent days looks unconvincing.
Time-lapse: on September 26, 2017 dash was decreasing, fixing at $341,23.
Today bears may be attracted by the support at $177-180 level. Keeping in mind the weakness of bulls, bears may reach minimum mark of September ($159 - 160).
Aside from bitcoin, ethereum, and dash, there are several other interesting digital currencies worth taking a closer look at. The losers and winners of the past 24 hours are: Mindexcoin with 94,86% growth, and Credit Tag Chain with 57,44% 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 Ihodl.com are not liable for the potential losses incurred.