Crypto Frontline

Weekly Crypto Analysis by Crypto Frontline

    Crypto Analysis 26 Feb – 4 Mar 2018

Crypto Analysis 26 Feb – 4 Mar 2018

Bitcoin For the past week, the Bitcoin price had a decent performance, bottoming around the 9,500 area and rising towards our key resistance level located around 11,500. Even though the price action dropped by 2% in the middle of the week, following an SEC probe, all the losses had been

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    Weekly Analysis 19-25 February 2018

Weekly Analysis 19-25 February 2018

Bitcoin As we’ve anticipated in our previous weekly analysis, the Bitcoin price had encountered resistance around the 11,500 area. We can see a small pin bar on the daily chart and since then, for the last five days, sellers had been in control. The fear of regulation is the main

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    Weekly Analysis February 12th-18th 2018

Weekly Analysis February 12th-18th 2018

Bitcoin The Bitcoin price had seen the strongest recovery since the beginning of the year during the last week. Investors had been eager to buy after the Bitcoin price reached the 6,000 area on the Coinbase exchange. However, we can see a resistance area formed by the 11,000-11,500 figures, and

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    Weekly Analysis February 5-11

Weekly Analysis February 5-11

Bitcoin The Bitcoin price had been under pressure at the beginning of the week, reaching the 6,000 area and since then it had managed to rebound towards the 9,000 level. However, even though this bullish corrective move took place, the price action context does not show that a market reversal

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Weekly Analysis Jan 29-Feb 4 2018

Bitcoin For the last week, the Bitcoin price had been under pressure, continuing the downside trend that started and the beginning of 2018. Following a consolidation that we’ve talked about last week, sellers resumed impulsively and broke below the monthly low around the 9,000 figure and the price reached 7,500

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Weekly Analysis January 22nd-28th 2018

Bitcoin For the last seven days, the Bitcoin price had traded in a narrow range, between 11,800 and 10,000. Since the beginning of the year the digital currency is under heavy pressure and the performance we can see for the last week, points towards the fact that buyers are still

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Weekly Analysis January 15th-21st 2018

Bitcoin The Bitcoin price had been under pressure for the last week, as regulatory pressures from China and South Korea had made buyers reluctant to buy the cryptocurrency. China is looking to expand the scope of its cryptocurrency exchange ban that was set in September 2017. All altcoins had been

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Weekly Analysis January 8th-14th 2018

Bitcoin Over the last week, the bitcoin price had dropped significantly after reaching a peak around 17,000. Since then a wave of selling had started, driving the price towards the 13,000 area. Fear had returned among cryptocurrency investors as highlights pointed towards the South Korea government wanting to ban cryptocurrency

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Crypto Currency Weekly Analysis – Ethereum is the Start of the Week

Ripple Ripple prices tumbled during the first week of January and in addition to profit taking, traders were negative XRP following an announcement from Coinbase that they would not put Ripple on their GDAX trading platform.  Coinbase is the largest cryptocurrency wallet in the United States. In the wake of

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Weekly Analysis January 1st-7th 2018

Bitcoin Following an extremely volatile month of December, the Bitcoin price managed to recover during the past week. Last month the price almost reached the 20,000 before dipping towards the 10,500 level on the Coinbase exchange. It seems like investors had been cashing out their profits ahead of the end

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