Litecoin price attempts recovery from $105.31, but fails

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Helga Brown
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February 6, 2018

Litecoin recovers from intraday low but stays in the red zone LitePay announcement did little to help the coin Litecoin price tried to recover from the intraday low of $105.31  but failed to move above $121.73. The coin has been falling for the third day in a row, dragged down by negative news from China […]

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The Bitcoin price is crashing, $6,000 is within reach

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Helga Brown
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ВTC/USD has lost 10% on Tuesday so far China is squeezing crypto out of the country SEC may step up its rhetoric over the digital currencies The Bitcoin lived through its version of Black Monday and Tuesday is not going to be any brighter. The cryptocurrency crashed below $6,500 level and touched the intraday minimum […]

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Cryptocurrencies resume sell-off, Bitcoin down to test $ 8k mark

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Helga Brown
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February 5, 2018

All of the top 10 cryptocurrencies (by market capitalization) reversed Friday’s dead cat bounce and resumed its downward spiral,  after news broke late-Friday that major US banks have now banned the use of credit cards to buy Bitcoin or other digital currencies, in a move to curb both financial and legal risk.  The list of […]

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Ethereum price recovers from Sunday crash, up 2.5% on the day

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Helga Brown
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ETH/USD is vulnerable to general crypto market woes The recovery may be short-lived ETH/USD is not an exception among the cryptocurrencies anymore. While the coin is still 13% higher since the start of the year, it has lost more than 40% from its peak reached at  $1.421.91 on January 13. Now that the Ethereum price […]

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Litecoin price is at $140.66, breaks below short-term upside trendline

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Helga Brown
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Litecoin is mired in the bearish trend Reaction to the LitePay launch may be limited Litecoin recovered from this year low minimum of $102.08, but it is still more than 60% lower from the record high of $375.55 reached on December 12, 2017. Next week Litecoin is set to launch its new payment processor, LitePay. […]

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Crypto Today: Bitcoin slumps to 3-month lows, down -15%

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Helga Brown
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February 2, 2018

All of the top 10 cryptocurrencies (by market capitalization) are in a sea of red, as the bloodbath continues amid a series of bad news surrounding the crypto market regulation, as India joined in its Asian peers to step up measures on the use of crypto assets. South Korean regulations took effect this week barring […]

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Ethereum, Bitcoin, Ripple and Litecoin price prediction: ETH/USD absolute winner at the beginning of 2018

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Helga Brown
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Ethereum the big Crypto winner in January Bitcoin, Ripple and Litecoin show similar behaviour: Is it time for a return to the mean? Similar patterns with different results BTC vs XRP vs LTC vs ETH on the 4H charts Ethereum has been the big winner of January, as we can see in the chart below. […]

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EUR/USD: top in place?

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Helga Brown
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February 1, 2018

Arne Rasmussen, Chief Analyst at Danske Bank, believes the pair could have placed a top in recent highs above the 1.2500 handle. Key Quotes “EUR/USD edged lower yesterday both before and after the FOMC meeting, which notably cemented the Fed’s confidence in the expansion and the need for more hikes”. “As such, we now see tentative […]

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Crypto Today: Bitcoin pauses 3-day sell-off, Stellar outperforms

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Helga Brown
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Having witnessed a rough week so far, all of the top 10 cryptocurrencies (by market capitalization) staged a comeback on Thursday, with Bitcoin tracking the rebound its rivals Ethereum and Stellar. Despite the recovery mode, Bitcoin is heading for its biggest monthly decline since January 2015. According to the data from Coinmarketcap.com, Bitcoin’s sell-off has eroded nearly […]

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EUR/USD still room for a correction lower – Commerzbank

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Helga Brown
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January 31, 2018

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, there is still scope for a near term correction lower in spot. Key Quotes “EUR/USD has reached long term Fibonacci resistance at 1.2517/1.2600. We note that the daily and weekly RSI are diverging and the steep January support line has also been eroded but […]

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