jpktraders

jpktraders

Another week behind us, which turned out to be another week of declines for Bitcoin among others. At the very beginning of last week, we witnessed a huge outflow of capital from the cryptocurrency market. Capitalization dropped almost to 417 billion dollars. From this place a correction occured and now it is over 556.5 billion dollars. Bitcoin's dominance after...

jpktraders

Due to the fact that coinmarketcap.com in its cryptocurrency price lists excluded prices from South Korean exchanges, there were several key changes. It caused that the average price of each cryptocurrency was falling. The overall market capitalization of cryptocurrencies also dropped. At present, it is less than 683.5 billion dollars. Of which Bitcoin domination...

jpktraders

It's been a long time since our last analysis. It was caused by the Christmas break and the break connected with the celebration of the new year 2018. We realize how important it is for you to observe and analyze the situation on the cryptocurrency market, but you should approach this topic in a healthy way, so as not to detach yourself from important moments in...

jpktraders

We have another week behind us and another increase in the capitalization of cryptocurrencies. Today it's over 594.5 billion USD. In seven days, it increased by approximately 181.5 billion USD. Bitcoin's dominance has dropped to 55.7%. However, the BTC rate in the last 24 hours has increased by over 6%. The Bitcoin price has already reached almost 20,000 USD. As...

jpktraders

The second in ranking cryptocurrency in the last 24 hours lost over 3%, and its capitalization is over USD 65 billion. In four days, we recorded increases reaching the new ATH at 750 USD. Capitalization, on the other hand, reached a surprising level of over 72.5 billion USD. The ETH network exceeded 10 transactions per second, which resulted in a significant...

jpktraders

LTC is ranked 6th in the ranking of all cryptocurrencies in terms of capitalization. In the last few days we see it growth, while in the last 24 hours its rate has fallen by almost 2%. From a technical point of view, we are still in the growth channel. After an unsuccessful attempt to break from the bottom, the price turned around and given the opportunity to...

jpktraders Updated 

Capitalization of the cryptocurrency market increased over the week from 199 billion USD to nearly 234 billion USD. Bitcoin dominance increased from 51.5% to 55.7%. Over the last 24 hours BTC rises 0.5%. Bitcoin Cash drops almost 10.5% Looking at the chart from the D1 interval, you can see that the BTC quotes are consolidating in the 8000 area and the place...

jpktraders Updated 

This week the markets were told of the SegWit2x process suspension, which was to double the size of the block. Suspension was announced in an email by Mike Belshe. He reported that SegWit2x was suspended due to a lack of consensus on the network. The response to these reports was reaching new peaks by the BTC, and after that a strong correction that continues to...

jpktraders

Our last growth scenario was almost perfectly fulfilled. The price tested support at 4.488 and went straight to our designated TP around 6.30. Over the past 24 hours we have been informed that SegWit2x has been canceled which has resulted in altcoins growths. Lisk, the 14th cryptocurrency in terms of capitalization is growing almost 22%. Going back to the chart....

jpktraders

Whole week we watched the Bitcoin rise to new heights. Over the past 24 hours, we have seen growth of almost 3%. Capitalization of the entire crypocurrency market exceeded 200 billion USD, with BTC dominating over 62.5%. In the top ten only Bitcoin and Ethereum Classic record growth, the rest of the cryptocurrencies are falling. We've reached 6200 USD, 6500 USD,...

jpktraders

Lisk is trying to break out over restistance at 4.50$. If it breaks out properly then we can start looking for long positions during retest of new support 4.50$.

jpktraders

Ethereum is still stucked in the console. We are waiting for proper break out which will show us the direction.

jpktraders

Litecoin over the last 24 hours dropped about 0.5%. It still moves in the growth channel shown in the chart below. We see that support of 55.5 USD heavily defends against falls. This level also coincides with the lower channel limitation. However, getting smaller peaks and smaller growth responses on this support suggest that it may be broken on the bottom. If...

jpktraders Updated 

Price reached our target at 6350 $ yesterday. This is our updated scenario - taking long positions after signal at 6000 $

jpktraders

We are already after the Bitcoin fork, as a result of which the new cryptocurrency has been created - Bitcoing Gold. Its current price is 135 $ and over the past 24 hours it has grown by almost 23%. The Bitcoin rates after reaching our assumed TP at 6200 $ went into correction phase. We see that the current correction probably ended its decline after achieving the...

jpktraders

ETH is constantly moving in consolidation. We are waiting for a break out. Scenarios below.

jpktraders

This week on our tradingview.com profile, we have been reporting an increase on the LSKUSD pair. Triple-tested support at 4.488 led the price up. We had a very strong breakout of 5.45 resistance. If the price will test it from the top, it'll be possible to look for a moment to join the growths. Bitcoin after the fork loses nearly 2.5% in favor of alts. There are...

jpktraders

After a week from our last analysis, Bitcoin continues to grow. We have another important week ahead, as we will have another BTC split on Wednesday. The place where the correction ended was at the level of 5200 USD where we moved to the designated TP at 6200 USD. When the BTC rate reached 6,000 USD, not only did it set a new peak, it also made an important...