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Showing posts with the label price analysis

SUI Price Plummets Amid Market Volatility After Six-Month High

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SUI Price Plummets Amid Market Volatility After Six-Month High SUI token witnessed a significant decline on Oct. 4, shedding over 15% from its recent high, marking it as the day’s steepest drop. The decline followed SUI's rise to a six-month peak of $1.97 on Oct. 3, only to tumble to $1.62 before a modest recovery to $1.78, where it remained down 4% in 24 hours with a market cap near $4.92 billion. Token Unlock Sparks Volatility The downturn in SUI’s price came shortly after a substantial token unlock... cryptonews

NEM coin dropped by more than 10% after reporting project problems

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Cryptocurrency NEM (XEM) on Thursday, January 31, fell in price by more than 10% after it was reported that this project ran into financial problems. Reports of problems and even pre-bankruptcy status of the company came after the NEM Foundation team published a press release and announced a change in the development strategy of the project. Now the most promising products will be the main focus of the company. In parallel, the NEM Foundation announced the closure of its regional offices and the freezing of projects launched jointly with its partners. https://twitter.com/NEMofficial/status/1090833098780995584 After the publication of this message in the crypto community, rumors began to spread that the NEM crypto project ... Read more about " NEM coin dropped by more than 10% after reporting project problems " on coinatory.com

Money management on cryptocurrency market. Part 2

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In the first part of the article "Money management on cryptocurrency market", we discussed in details the investment part of your cryptocurrency trading portfolio, how it is formed and adjusted. But crypto investments cannot be called the most exciting part of the whole trading process. Investments are very effective and profitable, but they still do not carry exactly those emotions that you can get in the process of live trading, right at the spot. If you want to plunge into the world of trading and experience all those feelings while watching the price go in the direction or vice versa, breaking all your predictions into the opposite, then in this part of the article we will look at the most interesting for you - the speculative part of your trading portfolio. Recall the basic distribution over the entire portfolio: 60% is an investment (cold) wallet and 40% is a speculative (hot) wallet. For simplicity and clarity of calculations, we take the value of our speculative part ...

Money management on cryptocurrency market. Part 2

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In the first part of the article "Money management on cryptocurrency market", we discussed in details the investment part of your cryptocurrency trading portfolio, how it is formed and adjusted. But crypto investments cannot be called the most exciting part of the whole trading process. Investments are very effective and profitable, but they still do not carry exactly those emotions that you can get in the process of live trading, right at the spot. If you want to plunge into the world of trading and experience all those feelings while watching the price go in the direction or vice versa, breaking all your predictions into the opposite, then in this part of the article we will look at the most interesting for you - the speculative part of your trading portfolio. Recall the basic distribution over the entire portfolio: 60% is an investment (cold) wallet and 40% is a speculative (hot) wallet. For simplicity and clarity of calculations, we take the value of our speculative part ...

Against the flow: Nasdacoin (NSD) added 360% in price

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Another little-known cryptocurrency demonstrates aggressive growth. This time, the Nasdacoin (NSD) token went up by 360%, which was known only by a few representatives of the crypto society until today. Before that, the explosive growth was demonstrated by the Etheera coin, which has risen in price in just two weeks by more than 80%. Nasdacoin turned out to be even more aggressive and took off by 360% in the middle of the week; now the price of this coin is $4.57. The market capitalization of the digital asset exceeds $84.95 million. Note that Nasdacoin is growing against the background of the collapse of the largest digital currencies. Bitcoin has fallen to its lowest point in 2018 and is now trading at $5,539. Just a few days ... Read more about " Against the flow: Nasdacoin (NSD) added 360% in price " on coinatory.com

Forecast and analytics – 11 October 2018

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BTC/USD BTC/USD is trading at $6,607 and continues to move within the flat. The coin is being traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a side trend. The price will continue its movement within the framework of a narrow consolidation. Due to the growing attractiveness of the dollar, cryptocurrencies are losing now. This is clearly visible in terms of volume. The situation may change at any time, for example, if the SEC creates a precedent for the regulation of digital coins. Now it remains to be content with ... Read more about " Forecast and analytics – 11 October 2018 " on coinatory.com

Bitcoin: reasons for the price to go anywhere but up

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Almost ten months have passed since Bitcoin (BTC) reached the absolute maximum of its price - over $20,000 per coin. Tough ten months for HODLers and miners. However, at the moment, many analysts and traders are sure: the days of a protracted “bearish” trend are over. Taking into account the behaviour of Bitcoin, which is rapidly raising the lower bar of the price, as well as a number of recent fundamental changes both in the bitcoin blockchain and in the crypto industry itself, we can safely say that with each passing day the reasons for t ... Read more about " Bitcoin: reasons for the price to go anywhere but up " on coinatory.com

Forecast and analytics – 10 October 2018

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BTC/USD BTC/USD is trading at $6,649 and continues to move within the flat. The coin is trading above Ichimoku Kinko Hyo Cloud, which indicates an uptrend. An update of the maximum of $6,840 never took place. Instead, the price moved down to the bottom of the consolidation. The crypto community waits for the SEC decision, even against the background of a strengthening dollar, the price of Bitcoin holds its position and gradually tightens to the upper savings line. As part of the forecast for October 10, we can expect further price ... Read more about " Forecast and analytics – 10 October 2018 " on coinatory.com

Forecast and analytics – 09 October 2018

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BTC/USD BTC/USD is trading at $6,671 and continues to move in the flat. The coin is trading above Ichimoku Kinko Hyo Cloud, which indicates an uptrend. Buyers are trying to break through the upper boundary of a narrow flat, but they have not been doing well so far. Growth was not enough even to reach the maximum of the previous similar attempt of $6,741. The technical picture is still on the buyers" side, so they have all the trump cards to upgrade a maximum of $6,840. As part of the forecast for October 9, we can expect further price ... Read more about " Forecast and analytics – 09 October 2018 " on coinatory.com

Forecast and analytics – 08 October 2018

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BTC/USD BTC/USD is trading at $6,584 and continues to move in the flat. The coin is trading above Ichimoku Kinko Hyo Cloud, which indicates an ascending trend. After testing the upper bound of the flat last Friday, the price slowly goes down. The bulls tried to push the quotes upwards on good volumes again, but, as before this was not enough. The coin continues to be traded in a constantly narrowing flat. As part of the forecast for October 8, we can expect further price movement in the borders of flat $6,743 - $6,370. The price can ... Read more about " Forecast and analytics – 08 October 2018 " on coinatory.com

Forecast and analytics – 06 October 2018

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BTC/USD BTC/USD is trading at $6,593 and continues to move within the borders of the established flat. The coin is being traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend. The bulls showed the willingness to stand up for their positions, but the lack of further growth and sticking of the price again at $6,580, suggests that they are not ready to push the quotes up yet. This indicates the possibility of continuing price fluctuations within the boundaries of flat $6,840- $6,370, for several more days. ... Read more about " Forecast and analytics – 06 October 2018 " on coinatory.com

Forecast and analytics – 05 October 2018

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BTC/USD BTC/USD is trading at $6,603 and continues to move in the flat. The coin is trading below the Ichimoku Kinko Hyo Cloud, which indicates a downward trend. After a short pullback, the price returned to the level of $6,580. This indicates the possibility of continuing price fluctuations in a narrow range of $6,662-$6,425, even for several days. This development is most likely associated with a temporary decline in interest in all refuge currencies, including digital, amid a strengthening dollar. Macroeconomics puts pressure on the ... Read more about " Forecast and analytics – 05 October 2018 " on coinatory.com

Forecast and analytics – 04 October 2018

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BTC/USD BTC/USD is trading at $6,521 and continues the lateral movement. The coin is trading below the Ichimoku Kinko Hyo Cloud, which indicates a downward trend. After numerous attempts, the sellers still managed to win a small victory and the price went below the level of $6,560. But for the time being, the downward movement cannot be talked about, because the lows are not updated and, as in the case of the recent growth, the increased volumes did not lead to a further price drop. An additional signal in favor of trying to get lower into ... Read more about " Forecast and analytics – 04 October 2018 " on coinatory.com

Forecast and analytics – 03 October 2018

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BTC/USD BTC/USD is trading at $6,569 and continues to lateral movement in the ascending channel. The coin is being traded inside the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend. Another attempt to break through the channel’s border by sellers was not successful, and the price returned to the level where it is for the third day - $6,560. Now we are seeing a rare case when most technical indicators converge. Patterns, oscillators and volume charts speak of clear p ... Read more about " Forecast and analytics – 03 October 2018 " on coinatory.com

Forecast and analytics – 02 October 2018

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BTC/USD BTC/USD is trading at $6,601 and continues to move within the rising channel. The coin is traded above the Ichimoku Kinko Hyo Cloud, which indicates an upward trend. Over the past trading day, the price could not go far from the lower border of the channel and continues to stand in the region of $6,560. The fact that the bulls are in the market can be judged by the long tails of candles, but some activity from them has not yet been seen. It is necessary to wait for the final resolution of the situation in the zone of interests at ... Read more about " Forecast and analytics – 02 October 2018 " on coinatory.com

Money management on cryptocurrency market

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It does not matter whether you are new to the cryptocurrency market or have a trading experience behind you, there is a certain set of truths written by tears, by the blood later on of many private investors and traders, the deviation from which will lead you to inevitable collapse. Do not forget that investing and speculative trading is primarily a job, and it is difficult and tedious. You can learn all the rules of trade, you can be an economist of the highest category, a doctor of mathematical sciences and an astrologist at the same time, ... Read more about " Money management on cryptocurrency market " on coinatory.com

Forecast and analytics – 01 October 2018

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BTC/USD BTC/USD is trading at $6,622 and continues to move within the borders of rising channel. The coin is traded above the Ichimoku Kinko Hyo Cloud, which indicates an upward trend. As we wrote before, the price went down to retest, but apparently did not find enough support from buyers there. Therefore, the retreat turned out to be very modest and the price continues to stand in the region of the resistance level of $6,560 and the lower boundary of the rising channel. This is not a very good development for bulls, but given that the ... Read more about " Forecast and analytics – 01 October 2018 " on coinatory.com

Forecast and analytics – 29 September 2018

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BTC/USD BTC/USD is trading at $6,657 and continues to move within the rising channel. The coin is traded above the Ichimoku Kinko Hyo Cloud, which indicates an upward trend. Strong pressure in the resistance zone knocked the price down from the $6,840 area, but, most likely, its breakdown is only a matter of time. After all the limits of the sellers are activated, the coin will continue its growth and we can expect the price to be $7,000. As part of the forecast for September 29, we can expect further development of the upward ... Read more about " Forecast and analytics – 29 September 2018 " on coinatory.com

Electroneum ETN is in top 50 again

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While the attention of the crypto world is mainly concentrated at today"s price growth of bitcoin cash, there"s another interesting coin that experiences constant growth - Electroneum ETN. For the past two weeks, the price went up from 84 satoshi to 318. In the last 7 days, the price change is almost 196%. Such a price change returned ETN to the top 100 cryptocurrencies (by market cap) and now Electroneum is back to top 50. We wrote about the possible reasons for that in the previous article.   ... Read more about " Electroneum ETN is in top 50 again " on coinatory.com

Forecast and analytics – 28 September 2018

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BTC/USD BTC/USD is trading at $6,700 and moving within the rising channel. The coin is traded above the Ichimoku Kinko Hyo Cloud, which indicates an upward trend. Having completed its consolidation on the lower border of the ascending channel, the coin continued its growth, and with the successful development of this movement, it is possible to wait for quotations at the level of $7,000. As part of the forecast for September 28, we can expect further development of the upward movement within the channel, with the potential to update ... Read more about " Forecast and analytics – 28 September 2018 " on coinatory.com