Published on : 2017-05-19 09:39:38

Download the latest Flash player and try again. A break below and a much deeper decline may ensue. 1577 level we were looking at as support was soundly broken yesterday with an acceleration lower into day site to change pm to bitcoin. Given the parabolic rise since last month, it is unclear how much of a pullback we could see before it stabilizes. This critical support zone arrives in the vicinity of 11750/160. XRP/USD: Daily To receive Paul s analysis directly via email, please SIGN UP HERE You can follow Paul on Twitter at @PaulRobinsonFX. We ll update on this as price action unfolds… See how retail traders are positioned in Bitcoin and what it might mean - IG Client Sentiment page. This would be an attractive spot to see BTC/USD find a bid and start pushing back higher.

Given the extraordinary momentum in crypto s, it s unclear how meaningful the top-side line will be. BTC/USD: Daily Ethereum relentless rise brings top-side trend-line into focus, pullback could finally be near Ethereum (ETH/USD) rally is at risk with a top-side trend-line sitting just over today s high site to change pm to bitcoin. If Ethereum is to continue trekking higher, a correction in price or time will be a welcomed event for traders looking to enter. For now, taking a cautious approach until we have more to work with. Cryptocurrency Price Forecast for Bitcoin, Ethereum & Ripple January 10, 2018, 06:22:00 AM EDT By Paul Robinson, DailyFX DailyFX. Looking lower, there is horizontal support by way of the December 30 low, but of even bigger interest is the slope running higher since May and December 22 swing-low. ETH/USD: Daily Ripple fails to hold consolidation, unclear at this point how deep the decline could be When we looked at Ripple (XRP/USD) on Monday , the question we asked was, high-level consolidation or broader pullback. × To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser.

The price action until yesterday looked similar to two prior occasions in December which led to higher prices. The first line of support arrives at the trend-line off the Dec 22 low, and below there we ll be looking to the Dec high at 863. This is what happens after a bitcoin crash 7:23 PM ET Fri, 19 Jan 2018 CNBC explains what happens after a bitcoin plunge.Bitcoin Cash.
. Relatively speaking, given the extremely high level of volatility, it wouldn t take much of a decline to reach down into support we discussed last week. Risk of an overthrow (where price extends beyond the slope) is elevated. .Kyber Network.Byteball Bytes.

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When writing this post at 5:22 pm on Thu Nov 2nd the spot price of BTC is $7,062 USD. It peaked at $7,444 earlier today. The spot price of one Bitcoin seems huge at $7,000, but that is due to the limited supply.
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