Market Review. Results of the Day. Moving Up. 01/23/2018

January 24, 2018

Market Review. Results of the Day. Moving Up. 01/23/2018

Main news:

  • South Korea banks will register new crypto trading accounts in accordance with thorough KYC rules. 
  • Coinbase earned $1 billion in 2017.
  • Largest Indian banks began to freeze accounts of bitcoin-exchanges. 
  • Indian tax authorities are sending tax notices to crypto traders.
  • BitFlyer has obtained an EU operational license.

Changes (24h):

BTC $11,179

ETH  $1,004

XRP $1.365

BCH $1,664

 

 

Amount of BCH transactions:


Technical analysis.

BTC has found a temporary support level of $10,000. Its volatility is decreasing. On the technical analysis chart a triangle pattern is forming. If BTC price leaves this triangle,  then a strong proce movements are possible. 

 

BTC support level is $10,000, resistance level is $12,000. 

XRP support level is $1.10, resistance level is $1.40. 

       

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