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In last review on Ethereum we asked ourselves a question: “On what trend is the consolidation?” Since then Ether became a bit cheaper. However, by all accounts, it has not given the answer to the question about medium-term direction. Trend indicators give signals to sell both on weekly and daily charts. There is a movement down but it is uncertain and with great...

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Last week major cryptocurrencies continued to decline achieving new local minimums and ended the week with significant rebound from them. Bitcoin was reaching the minimum of $ 6’108. Its share in total capitalization rose to 40%. The number of billionaire-coins decreased to 18 and their total number (according to coinmarketcap.com) fell to 1’629. The total...

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As we had assumed in the previous review, Bitcoin got out of the zone above $ 7’000 and went down. Trend indicators show signals to sell both on weekly and on daily charts. This week bears have been testing the strength of the key level near $ 6’000. In case of success bulls will be suppressed. During execution of medium-term and long-term stop-orders the rate...

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In last review we wrote that all technical signals are on bears’ side. And asked ourselves a question: “Will the fall be?” Since that one of the signals has become bullish. And the fall has come :) On weekly chart fast-moving average crossed declining low-moving average up. Formally, crossing of averages is a signal of trend change. However, oftentimes signals can...

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Last week major cryptocurrencies resumed their decline reaching new local minimums and finished the week near them. Bitcoin reached the minimum of $ 6’620. Its share in total capitalization increased to 38,9 %. The number of billionaire-coins decreased to 20, their total number (according to coinmarketcap.com) decreased to 1’634. The total capitalization of...

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In the last review on Litecoin we wrote about high chances to go under $ 100. Since then Litecoin has been consolidating in narrow span of $ 120 - $ 130 keeping on downward trend. Trend indicators show signals to sell both on weekly and daily charts. Moving averages and downward trend line are very close to current rate. All these open a good opportunity to open...

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Ripple grew strongly last week. And it has been holding on tight this week. If there is no significant drop before the close today, daily MAcross is giving a buy signal. On weekly chart trend indicator is still on sale. However, the growth to the key level of around $ 1 is very likely even within long-term decline or sidelines. Thus, for those who decide going...

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Weekly review of 10 major cryptocurrencies 28.05.18 - 03.06.18 Last week the major cryptocurrencies ended their decrease achieving new local minimums and had a price growth. Bitcoin had a minimum of $ 7’040. Its share in total capitalization declined to 37,4%. The number of billionaire-coins increased to 24 and their total number (according to coinmarketcap.com)...

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In the previous review we wrote that the bears in Ether were getting stronger. Actually, the sellers could pin down the market from $ 700 to $ 500. However, it seems that after that the bears have started to close down their game buying back cheaper asset. The fall has stopped, and there are even the attempts to rise. In general, since February we have been...

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As we had assumed in the previous review, the point of $ 10’000 became a local peak. Bitcoin fell to $ 7’000 not reaching the previous bottom of $ 6’500. Yesterday growth and bulls’ takeover on the daily chart let us suggest the stop of decline and the rise to at least $ 8’000. Within medium-term consolidation the rise to $ 9’000 is likely too. At the same time,...

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Last week major cryptocurrencies continued to decline reaching new local minimums. Bitcoin was reaching its minimum of $ 7’211. Its share in total capitalization increased to 38,6%. The number of billionaire-coins increased to 22 and the total number (according to coinmarketcap.com) rose to 1’624. The total capitalization of cryptocurrencies fell to $ 326...

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In last review we asked ourselves a question “Will the growth be or not?”. The market gave the following answer to that question: the growth did not resume. Moreover, the decrease continued and has already exceeded 60 % of the previous rise of $ 105 - $ 180. Thus, we can now confidently say that the breakout of declining low-moving average was unsuccessful. The...

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In last review of Bitcoin cash we wrote about the tendency to turn rebound into growing trend. The rise was impressive in fact: it tripled from $ 600 to $ 1’800 within 4 weeks. All moving averages were broken upwards on both daily and weekly charts. And it has been declining for 3 weeks already. More than half of bulls’ achievements are lost. Moving averages are...

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Last week main cryptocurrencies slightly decreased reaching new local minimums during the week. Bitcoin was reaching the minimum of $ 7’925. Its share in total capitalization rose up to 37,2%. The number of billionaire-coins increased to 25 and the total number (according to coinmarketcap.com) fell to 1’593. The total capitalization of cryptocurrencies decreased...

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Ripple set a local peak of around $ 1. And this peak is lower than the previous one in February. Low moving average clearly worked as a resistance. And now it is turning round and is going down for the first time in months. For now, the rate is fixed at $ 0,66 and has been stabilizing. In general, we see fading away fluctuations after the rise to $ 3,5 and after...

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In the latest review we wondered whether stronger may bears come. They didn’t. Obviously, in such situation the bears were encouraged and began to gain strength. And now daily MAcross already crosses to sale. And there is also the head with shoulders coming in. As a result, we have starting conditions for significant downward movement. For a start the estimated...

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Last week main cryptocurrencies fell substantially from the maximums they had been reaching for 5 weeks. Bitcoin reached its minimum of $ 8’200. Its share in total capitalization rose to 36,9%. The number of billionaire-coins decreased to 24, and the total share (according to coinmarketcap.com) decreased to 1’610. The total capitalization of cryptocurrencies...

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It seems that five-day rally ended near the rate of $ 10’000. The candlestick of this week has completely absorbed the previous one indicating the local maximum a bit lower than slow moving average which started to fall. Taking into account the facts that MAcross is on the market and the rate returned to slow moving average from below, it is a perfect moment to...