Receive all Cointelegraph news immediately in Telegram.
Litecoin, Dash, Dogecoin, ETH, Peercoin & Neucoin follow Bitcoin.
Altcoin price analysis by Frederic Racine: Litecoin, Dash, Dogecoin, ETH, Peercoin & Neucoin follow their Big Brotreh - Bitcoin.
Altcoin, Dash, Dogecoin, Litecoin, ETH, Peercoin, Neucoin, Cryptocurrencies
Litecoin is approaching the level of $3.80 which has been tested many times before. Now everything is dependent on Bitcoin. Whether it will continue moving up or go down in correction. Thus, LTC/BTC pair is standing still on 0.086-0.088.
DASH is in the region of 0.06 and constantly decreasing. It’s good to place buy orders at the level of 0.056-0.057, with the targets to get 0.06-0.067. However, no special activity in the market has been noticed. This market is also in expectation of a dependence on the activity of Bitcoin.
Dogecoin price now is in the range of 32-34 Satoshi, gradually decreasing after a recent top price. Today we shouldn't expect any considerable movements.
On the 4-hour chart we can see that ETH has made a start from a bottom evel of around 0.018, which couldn’t succeed to achieve more than a price of 0.020. Both the trend to turn back or a continuation movement are both possible. Anyway, now we are at an important boundary.
Peercoin stood at the level of $0.42 - $0.43, which isn't bad at all. After all, recently it reached a price of $0.439. However, no tendency to grow is visible yet, Both the BTC/PPC pair falling under the rate of 0.001 and traders loosing interest, resulted in a reduction in trade volumes.
Only Neucoin seems to be pleasing traders with considerable fluctuations, however, thus we now see a decrease. Having reached the top of $9.5 for 1000 Neucoin last night, in the morning this digital currency fell down to $8.5 for 1000 Neucoin, and continues decreasing.
The analysis and prognosis are the personal views of the author and are not a recommendation to buy or sell Bitcoins.
Follow us on Facebook
For updates and exclusive offers, enter your e-mail below.
One fine body…
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:
Reset letter sent.
Please checkout your mailbox for password reset details