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24 hours forecast

Advertise Here or Hide Ads. Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of bitcoib market data, primarily price and volume. The content presented in this article is the opinion of the author. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence and consult with a financial advisor before making any investment decisions.

Bitcoin Price Prediction September

Five little-known interesting facts about Bitcoin. Comparing to the first couple of years since Bitcoin appeared, now it is more options to purchase BTC. The only disadvantage of the current situation Bitcoin is percent more profitable than gold. A popular economist and passionate proponent of gold Peter Schiff published an interesting tweet saying that Bitcoin chart is «horrible».

24 hours forecast

Advertise Here or Hide Ads. Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. The content presented in this article is the opinion of the author.

None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence and consult with a financial advisor before making any investment decisions.

After several weeks of bullish momentum, most of the top market cap cryptos are going through a period of consolidation. Although the bullish trend has been strong, it could be expected that Bitcoin will correct for a healthy continuation of the trend. An impulse above or below this zone will determine where the price will go, either to test new yearly highs or to experience significant pullback.

Even though on Apr. At the moment, it will be wiser to wait for confirmation before getting into a bullish or bearish trade. The next bullish or bearish impulse could be given by a break above or below the upper or lower Bollinger Band.

Although BTC could move to the middle line 20 MAit will be wiser to wait for a break above or below the bands, which will determine the direction of the price.

After breaking above the ascending triangle formation seen in the 3-day chart, Ethereum passed the Now, ETH seems to be consolidating before its next. On the 4-hour chart, Ethereum can be seen trading inside a parallel channel since Apr.

Now that it has touched the bottom of the channel, a move to the middle or the top of the channel could be expected. Although it has experienced certain spikes up and down, it goes back to trade within this range based on the 3-day chart. This pattern projects a target of On the 4-hour chart, XRP can be seen trading within a parallel channel since Apr.

A bullish impulse could be seen if XRP is able to break above the channel, but it could go through a bearish movement if it breaks below it.

Bitcoin Cash can be seen trading inside an ascending parallel channel since the middle of March. In the meantime, it will be wiser to wait for a break of this range before entering a trade. Since the altcoin forecast bitcoin cash of May, Bitcoin Cash sits above the 50 moving average on the 4-hour chart. Although it has moved below it on different occasions, BCH goes back above it within a matter of hours. If this cryptocurrency keeps trading above the 50 MA it will continue the bullish trend it has been going.

A move below this moving average could take it down to the MA or even the MA. Litecoin has been steadily increasing its market valuation since Dec. As a matter of fact, an ascending parallel channel can be drawn since that moment up to now on the 3-day chart.

Currently, LTC is trading at the bottom of the channel, but if it continues to rise it may encounter some resistance against the middle line of the channel. A move above the middle line of the parallel channel could take it to new yearly highs. On the 1-day chart, Litecoin has been trading above the day moving average. If it remains above this moving average, the bullish trend could continue. A clear break of the upper or lower band could take LTC to new highs or through a correction.

After the bullish momentum that most of the top cryptocurrencies by market cap have experienced, they all seem to be going through a consolidation period. It is unknown whether a pullback or new higher highs will come after this phase, but overall it seems like it will be wiser to wait for confirmation before expecting a bullish or bearish movement.

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This Is Why Bitcoin Cash Price Will Surge Higher Soon! Roger Ver Explains

Bitcoin Cash Google search trends

Currently, there are no signals of a potential trend change in the long-term. Features like transaction batching and SegWit have made the asset more competitive lately, putting its speeds closer to other currencies like Bitcoin Cash. The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the cryptocurrency market. All of this indicates that Bitcoin Cash has low probability of succeeding in its original intention but it not all is doomsday for the project. Respectively, the rate of XLM is about to sink below satoshis in the short-term. Top 10 coins by Coinstats. Sponsored by Celsius. Most notable possible success propellers of BCH: cheap and fast transactions and quicker, nimbler improvements implementation.