26 Apr EOS, Litecoin, Bitcoin Cash, Ethereum
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Nell Sloane of Capital Trading Group summarizes a dozen cryptocurrency developments you should know about this week: EOS, litecoin, bitcoin cash, DApp, ethereum, Ripple and more. The CryptoCorner Index settled at $3304.42 +$294.96 or 9.8% for the week.
Hey CryptoCorner fans, we have a lot to get into, so let’s have at it shall we.
We are happy to report the cryptocurrency space continues to rocket higher off its lows.
A few letters back we spoke of the large base forming in ethereum (ETHUSD) and how long‐term players should be willing and able buyers at those cheap levels between $275 and $375.
Ethereum hit $350 and has rallied up to $711 a 77% rise off its lows.
We would like to point out that the $711 level is the 61.8% Fib retracement, and long‐time readers know our dedication to the Fibs.
We expect the $495 level to offer better support on the way down and expect the $700 area to offer keen resistance for now, but the low seems to be in for now and…
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