Receive all Cointelegraph news immediately in Telegram.
The latest analytical overview.
The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
After multiple retests, the $4400 resistance zone has been hit by a powerful impulse. Though not so long ago, one can assume that the new resistance zone in the BTC/USD pair is $4650.
Technically, the picture is as follows:
What to expect:
The only factor that can profoundly change the course of events is some breaking news.
After the release of the much anticipated Metropolis news, Ethereum’s upward movement has strengthened. Judging by the volumes, we will see an all time high test.
The situation is as follows:
The main hedge asset of the crypto market has finally shown growth. A $55 level hit was a strong impulse that drew a potential resistance zone of $65. Charlie Li’s tweets along with Lightning Network (LN) talks are doing their job.
Follow us on Facebook
For updates and exclusive offers, enter your e-mail below.
Thank you for contacting us! We will reply to you as soon as possible.
Thank you for your interest in our franchise program.
We are considering your request and will contact you in due course. If you have any further queries, please contact: