18.12.2017. Results of the Day (+ Days off). Ethereum is Ready for a new Breakthrough!

December 19, 2017

18.12.2017. Results of the Day (+ Days off). Ethereum is Ready for a new Breakthrough!

 

18.12.2017. Results of the day (+ days off). Ethereum is ready for a new breakthrough!


BTC 18 513.72 $ + 5.4%
$ 14,086,000,000


ETH 736.20 $ + 14.3%
2 596 750 000 $


 

Growth leaders :

Bitcoin Cash + 20%.

Ethereum Classic + 11%.

IOTA + 5%


Market Review

  • The head of Danish central bank, Lars Rohde, advised to avoid cryptocurrency, calling it a deadly threat.
  • In Zimbabwe, South Africa, Nigeria and Angola - Bitcoin has grown to $32,000.
  • The world's biggest futures exchange CME Global has launched trading in Bitcoin futures.
  • In the fight against the financing of terrorism and money laundering, the authorities of the European Union are planning to put an end to the anonymity of crypto exchange-instruments.

Technical Review

Having overcome the level of $18000 on Saturday, Bitcoin got out of the triangle and reached $19600. With the raid, this level could not be taken, and the price retreated to the level of breakdown, which is now remains. Volatility is falling down and the market is gaining strength for the next step. If you leave below the support of $18000, you have every chance of seeing a strong correction.


 

In Ethereum, volatility is also declining. The price has formed an upward triangle and got close to the resistance level at $740, and in case of its overcoming, the upward movement can continue with new force.

 

Comments

Никто ещё не оставил комментариев. Желаете быть первым?