Cryptocurrency prices analysis and forecast – 8 November 2018

Cryptocurrency prices analysis and forecast – 8 November 2018
BTC/USD
BTC/USD is being traded at $6,575 and is in correction again after growth. The upward trend was continued, and the quotes updated 2-week highs. Now the price of BTC is at the upper boundary of the rising channel. At the moment there is some overbought, in connection with which in the coming hours it is likely that the correctional movement will continue, and market participants will probably try to use it to increase the size of their positions.



As part of the forecast for November 8, we can expect the continuation of the current correction, after which, growth is likely to continue in order to update the highs and gain a foothold above $6,660.

An alternative option is the breakdown of the upper boundaries of the ...
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