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Cryptohopper Newsletter The market has been very volatile over the past month with Bitcoin crashing 65% to 3,800$ . The price has since made an astonishing 80% recovery in one week from March 13th until the 20th. Following the recovery to almost 7,000$; the price has continued to range between 6,900$ and 5,600$. During the crash, many traders have attempted...

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Cryptohopper Newsletter Chart Bitcoincash has made a swift recovery of over 70% from its lows this year on the 13th of March. The markets have been very volatile over the past month, and Bitcoincash is no exception. Over the past days however, the price has entered in a consolidation phase between $180 and $225. Trend following indicators tend to work...

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Market Analysis BTC appears to be stabilizing after the 40% crash last week on the 12th of March. Unfortunately, many investors lost a substantial amount on this day. However, there are ways to still turn a profit or at least avoid large losses during bear markets. It goes without saying that it is much easier to make a profit as a day trader or even as a swing...

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Cryptohopper Newsletter Chart Bitcoin has lost around 30% of its value since its high on February 13th 2020. At the same time the SP 500 fell over 20% around the same time. So, is there any correlation between the two markets, or is it just coincidence? That is what we will explore in this newsletter! Correlation or coincidence? Throughout 2017 both...

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Cryptohopper Newsletter Chart Bitcoin has retested the support at 8,500$ after having dropped more than 20% from this year’s high two weeks ago. The price is now moving higher and retesting the resistance at $9,000 Trade with the trend Bitcoin has some of the most spectacular swings out of all the assets in the world. It can rise hundreds of % in an uptrend...

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Cryptohopper Newsletter Chart Ethereum has had an astonishing 132% growth from the beginning of 2020 to its highs on the 15th of February when it reached 290$. However, now the bears are in control of the market as the coin has already l ost a quarter of its value from this year's high . After this year’s highs have been reached, the price consolidated for...

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Cryptohopper Newsletter Chart The Bitcoin price has had an astonishing beginning of the year. Currently, it has increased over 40% but it has even reached more than 55% when the price tested $10,500. The bearish medium-term trend that Bitcoin was having after reaching $13,800 in June seems to be over with this bull run. The third Bitcoin halving can be having...

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Chart The market is peaking again. Most of the altcoins have been having double-digit increases and most of them have outperformed Bitcoin , which has led to a couple of weeks of good alt trading. This week’s analysis shows the Bitcoin’s bull run during the last month. It’s possible to separate two different clear phases in the chart: a range and an uptrend....

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Chart This week’s coin is XRP . In the chart, we can see Ripple’s evolution for the last two months, a period of time in which it has increased by over 50% . During the second half of December and the beginning of January, XRP had been ranging and having very low volatility. However, as of 6 of January, the demand started to appear in this market and the...

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Chart The cryptocurrency market has started to peak again the month and it seems like the consolidation phase is starting to reach its end. In the chart, we can see two lines, the green ones that depict the price of XRP against the stable coin USDT, and XRP against the unstable coin BTC. As we can see in the chart, the XRP/USDT line has increased by 25% during...

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Chart 2020 is the halving’s year and the crypto community is putting its expectations on Bitcoin as the cryptocurrency that will lead the rest of the market to new historical highs. Bitcoin is currently undertaking a consolidation process after the bull run that it had from April to June 2019. Every trader is formulating the same question: When is this...

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Chart In this week’s analysis, we are analyzing two Ethereum markets . The first with a stable coin: ETH/USDT , and the second one Bitcoin-based: ETH/USD . That is, a stable base coin vs an unstable base coin. The chart shows exactly one month in both charts, from December 18th to January 18th. During this month, the Bitcoin price has increased by 38% and the...

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Chart The year 2020 has started and the crypto community has received it with open arms . This year is full of important events for the crypto industry, being the most-awaited and important one the Bitcoin halving taking place in May. In April 2019, the BTC price finally broke very key resistances and the bulls woke up after a long rest. The year 2019 has...

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Chart The year 2019 has been an emotional roller-coaster for the crypto trader . A year that started with a continuation of the crypto winter we had in 2018, leading to further falls. However, the market finally turned in April and many coins saw an increase up to 300% in matter of two or three months. These two charts represent two of the most capitalised...

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Chart The chart represents the XRP evolution during the last two months . Ripple currently finds itself hovering around their minimum levels post bull run, 0.20-0.22. As we can see in the chart, it has followed a bearish trend since the end of June, when the third most capitalized coin reached $0.5. XRP is near its lowest price after the bull run, which seems...

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Chart In this chart, we display how long-term moving averages can play a very important role in your strategy . Even though you are not a long term investor, long-term moving averages or long-term analysis are crucial to know where the market is heading to. In this chart, we can see how the moving average filters out the noise of the price and shows where it is...

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Designing your automated strategy For today’s analysis, we have chosen two markets: XRP/BTC and EOS/BTC, a couple of the most liquid BTC trading pairs. We have selected 1 hour candle size and the indicator RSI With Region Crossover . First of all, let’s understand what this variant from the RSI will do in our strategy:

RSI with region crossovers gives the...

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Key levels Short term Supports—> S1: 6800 & S2: 6500 Resistances—> R1: 8000 & R2: 8000 Medium term Supports—> S3: 6100 & S4: 5700 Resistances—> R3: 8600 & R4: 10000 Potential scenario As we argued last week and we can see in the chart, Bitcoin has been and is trapped in a bearish trend that is lasting 5 months by now. It has been continuously making...