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Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

March 29, 2018 by Jamie Holmes at Bitcoin, News, Price Analysis

Bitcoin has experienced a terrible first quarter in terms of price growth, down around 50 percent on 2018’s open. On March 29, the price slid below $7,500 revisiting lows from early March. With the price breaking below $7,799.96 on the Bitstamp exchange, the market is now devoid of any significant...

Vertcoin Pushes to a One-month High as Crypto Markets Rebound

Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

March 22, 2018 by Jamie Holmes at Altcoins, Commentary, News, Price Analysis

Vertcoin has posted gains, insulated from a wider cryptocurrency market downturn, with bitcoin and other major altcoins down more than three percent on March 22. There are a few technical indications that the next 4-hour/daily sessions are ones to watch for a major trend reversal in vertcoin (VTC). Vertcoin has...

Bitcoin Price Analysis: Break of $8,500 Opens Up $9,500

March 20, 2018 by CryptoMedication at Price Analysis

Bitcoin has reacted positively to news coming out of the G20 meetings that there will be no regulation of cryptocurrency markets. The price of bitcoin has recovered from the lows below $8,000 to trade above $8,500 on March 20. There is a strong likelihood that the bullish move in the...

Grim Reaper Bear Report: Will Bitcoin Bottom Out Near $4,000?

March 14, 2018 by CryptoMedication at Bitcoin, Commentary, News, Price Analysis

So over the past few weeks, we’ve all been tracking down bitcoin and throwing out different theories and charts that we as traders and experts believe will dictate where bitcoin is going to go next. In the author's humble opinion, one of the most overlooked charts is bitcoin on the...

Bitcoin Price Analysis: March 11, 2018

March 12, 2018 by CryptoMedication at Price Analysis

As established prior, it definitely appears as though a Double-Top pattern has emerged for bitcoin. This pattern is visible on just about every timeframe from 4 hours on upward. What can be seen currently on the 12-hour chart is the consistent retesting of that neckline point at $9,500. See below...

Litecoin Price Analysis: March 9, 2018

March 9, 2018 by CryptoMedication at Price Analysis

So, from jump on the LTC-USD 4-hour chart, it looks like the price of litecoin broke downward instead of up. Obviously, this is due to the steep downturn within the market after BTC shit the bed on March 6. Currently, on that same chart, the next real support point would...

Ethereum Price Analysis

March 3, 2018 by CryptoMedication at Price Analysis

The ETH-USD 1-day chart is displayed below and from the onset, we see a lot of consolidation over the last few days. Looks like it’s right against that downward trendline from when it hit up around $1300. Pink box is the distance between the price and the downtrend line. So,...

Litecoin Price Analysis: Eyeing $250?

March 3, 2018 by CryptoMedication at Price Analysis

So, there hasn’t been too much of a development since the last time that we covered Litecoin (LTC). Overall, as expected, there was a big price rise leading into the LitePay launch, but as stated – that run needed some time to cool off and that’s why the author originally...

Where Next for the Price of NEO?: Price Analysis March 3

March 2, 2018 by CryptoMedication at Price Analysis

NEO-USD, 1 Week, Bitfinex It’s rare that the author breaks out the 1-week chart, but it seems to be acutely necessary for NEO. If you observed the earlier postings from the CryptoMedication brand on February 25, 2018, you might have noticed that the trend break was identified earlier. NEO-USD, 4-hour,...

Litecoin Gearing Up for Large Gains as Litepay Launch Approaches

February 25, 2018 by Jamie Holmes at Altcoins, Commentary, News, Price Analysis

Litecoin (LTC), the silver to bitcoin’s gold, is gearing up for further gains as bulls display dominance in the markets ahead of Litepay’s launch on February 26. Litepay is expected to widen the adoption of the altcoin, and generate greater interest in litecoin from merchants. By making the cryptocurrency easier...

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