RATE Group | Bitcoin, Ethereum, Litecoin: Tight Ranges May Spark Volatility
44402
wp-singular,post-template-default,single,single-post,postid-44402,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin, Ethereum, Litecoin: Tight Ranges May Spark Volatility

03 Oct Bitcoin, Ethereum, Litecoin: Tight Ranges May Spark Volatility

Posted at 18:26h in Ethereum News by

[ad_1]

Bitcoin, Ethereum, Litecoin: Prices, Charts and Analysis

  • Quiet markets and tight trading ranges.
  • Breaks, either way, are looking likely.

Bitcoin (BTC) Price Stuck Below Trend

The largest cryptocurrency by market capitalization, and de-facto crypto benchmark, Bitcoin remains stuck under a multi-month downtrend and above a noted zone of support. With trading ranges tight and trend lines meeting, the possibility for a sharp break-out is increasing by the day. While lower prices are more likely, a sharp break to the upside in the next few days cannot be discounted and traders should position stops accordingly.

Bitcoin Cash has broken above trend, just, while Ethereum and Litecoin chartsremain negative in the short-term. Ripple’s recent spike higher leaves the chart outlook mixed.

Bitcoin (BTC) Daily Price Chart (February – October 3, 2018)

Bitcoin, Ethereum, Litecoin: Tight Ranges May Spark Volatility | Webinar

We look at Bitcoin, and other cryptocurrencies, at our Weekly Cryptocurrency Webinar every Wednesday.

Cryptocurrency Trader Resources –…

[ad_2]

Source link