Live Coin Tickers:
https://api.coinmarketcap.com/v1/ticker/bitcoin/
https://api.coinmarketcap.com/v1/ticker/litecoin/
https://api.coinmarketcap.com/v1/ticker/ethereum/
Coinmarketcap.com July 2, 2018
According to Coinmarketcap.com, there is green in a lot of the top coins, showing a slight rise in price. Did Bitcoin, Litecoin, and Ethereum break out of their resistance alike? Further rise in price accompanied by an overall increase in volume would suggest a breakout with new supports for Bitcoin around the $6,300 dollar level. Litecoin seems as if it has established a support around $80 and is up 8.82% in the past 24 hours at 8:52 am, Arizona time. Ethereum along with the other top 15 coins on coinmarketcap have at minimum a 5% gain in the past 24 hours. With a rise from the “bottom” at $430 to its current price $475, Ethereum doesn’t look as if it has broken out of the triangle and may retrace once more before breaking up or falling down
Fast Forward 2 days later! July 4, 2018
- Trading Volume is still low
- looks as if ethereum is in a decreasing channel and will correct to a lower price, but breakout of channel will show signs for a higher run given low volume and rsi values
Summary
With Ethereum and other top coins likely to jump or fall soon, the small decreasing channel that I could make out of cocinmarketcap's chart leads me to believe that we will be able to purchase cheaper if consolidation or a breakout does not occur Thank you for joining me, Noah Ramos, for Vol. 4 of College Crypto where we analyzed the change of ethereum over the past days. If would like to see more content like this get better, please leave a comment and an upvote if you found this useful; please feel free to reach out to me via email, Instagram, or the College Crypto Facebook group in the link below!
Email: [email protected]......... Instagram: @topp_ramos_......... Twitter: @noah_ramos__
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