Hi Guys,
Cryptocurrency Analysis for the week as on today date: 18 July 2018.
Finally, today we can see market in green color and that too with good percentage of increase. Since last couple of weeks, it was going down and down which made many short traders to worry. But again, for those intend to hold for long term there is nothing to worry about.
While I am wring this post, bitcoin is up by 10.20% in last 24 hours and crossed mark of USD 6800 which was highly needed whereas Ethereum up by 5.35% now finally crossed 500 USD mark. Ripple XRP is up 6.97% and now at 0.51 USD. Bitcoin cash which was traded in Jan’18 for about USD 5000 is now 868 USD. I believe that BCH is very much undervalue coin and can give huge returns in coming month if overall market become stable.
Market as on today 18 July 2018-
Market Comparison for last two weeks in June 2018-
Comparing with BTC price as on 23 June and 30 June we can see there was hike of 4.27% with value of 262 but if we look between 30 Jun and 18 July then there is increase of more than 1000 USD which is good signal. If market sustain at this price with good volume then we can expect it to reach 10k USD in July end or in few coming weeks.
Please share your views on the current market.
Thanks for your time. Have a great day.
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