Market Review. Results of the Day. June 27, 2018

June 28, 2018


Technical analysis

The cryptocurrency market has not changed much today. The volatility is still low. EOS performed better than the rest of the market.

BTC $6,125.00. Resistance level is $6,300.

ETH $434.80. Resistance level is $470.

XRP $0.4688. Resistance level is $0.49.

EOS $ 8.06. Resistance level is $8.40.

BCH $712.10. Resistance level is $780.


News review

Facebook lifts cryptocurrency ads ban, however advertisers must obtain the permission. At the same time, ICO ads are still prohibited.

Tron burned one billion TRX. But don’t worry, there are still 99 billion of tokens left.

According to an analysis by Diar, pairs of just 6 cryptocurrencies comprised 69% of total trading volumes on the cryptocurrency market.

Founder of Trading Analysis Todd Gordon predicts, that Bitcoin is going to fell to $4,000, but will rise to $10,000 in 2019.

A famous venture investor Spencer Bogart foresees an artificial drop of Bitcoin price, because hedge funds will soon start sell cryptocurrency.

CNMV, BME, Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank и Société Générale, and other entities conducted a pilot launch of the blockchain project called Fast Track Listing. The aim of the project is to increase the efficiency of warrant emissions.

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