Receive all Cointelegraph news immediately in Telegram.
The latest analytical overview and trading suggestions
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.
* All the market data is provided by the HitBTC exchange.
With no breaking news so far, the market stopped growing, which could be described as inertial motion maintaining the past week’s momentum. The leading cryptocurrencies reached the resistance levels specified in the previous articles. Buyers have not yet managed to move prices upwards, hence the correctional movement, a vacillating one, too. Its response to negative news from South Korea considering an ICO ban in the country has been reserved enough.
Increased trading volumes for the leading cryptocurrencies mean that the upward trend in prices may continue, even if the current prices do not change. As of now, ETH, BTC and other market leaders’ trading volumes remain at a much lower level than in the first half of September.
Here is what’s going on with Ethereum.
Those who counted on LTC’s rapid recovery after its fall in September will not be happy either, since LTC/USD is still being traded at $51.
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: