Weekly Highlights: Bitcoin, Dash and Apple

It’s been a very busy week for the likes of Bitcoin and Dash, as well as the stock market. Cryptocurrencies saw a roughly 40% drop and over $200 billion of value wiped out in 48 hours. At the same time Dow Jones continued climbing and reached 26,000, with optimism partially fueled by the tax cut…

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Dash Crashed Right On Schedule. What’s Next?

This week’s crash in the price of Bitcoin dragged virtually all other cryptocurrencies down with it. The total capitalization of the entire crypto market was down by almost $400 billion at one point on January 17th. Dash, currently the eleventh largest virtual currency, was no exception, falling from a high of $1247 to as low…

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Ripple’s Rally Still Has Room to Run

Ripple, the only major cryptocurrency that is centralized, briefly became the second largest after Bitcoin, after its price rose from below 20 cents a coin on December 8th, 2017, to over $3.31 by January 4th, 2018. As of this writing, it has been surpassed by Ethereum again, but it still maintains a total market capitalization…

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AMD’s Crypto-Inspired Stock Chart Looks Promising

The biggest profits during the gold rush of the 19th century were made by those selling picks and shovels. Similarly, graphics cards providers are currently making a killing as the crypto mania inspires a lot of people to spend big on mining equipment. As Intel stock keeps tracking the Elliott Wave path, it is time…

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Dash Intraday Pattern Points South

Similarly to most other cryptocurrencies, Dash had an amazing 2017, climbing to as high as $1569 in December. However, the second half of last month was not that good, after DSHUSD fell by nearly 49% to $801 per coin by December 22nd and still has not been able to fully recover. As the tenth largest…

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ETHUSD’s Phenomenal Rally Cannot Last Forever

The market capitalization of Ethereum, the largest cryptocurrency after only Bitcoin, is currently in the vicinity of $46 billion with its price hovering around $470 per coin. Two months ago, though, things were not looking that good for the bulls. On September 14th, ETHUSD was closer to $270, wandering in no man’s land between the…

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Dash’s Bullish Reversal Was Worth Waiting For

On October 5th, Dash was the sixth largest cryptocurrency with a market cap of roughly $2.3 billion. Over a month later, it is still sixth, but in such a short time has managed to add another billion dollars to its capitalization, which currently stands at $3.3 billion, after DSHUSD rose to nearly $500 per coin…

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Elliott Wave Pattern Gives NEO Bulls Hope

As of today, NEO is the ninth largest cryptocurrency, closely following BitConnect and closely followed by Monero. With a market capitalization of less than $1.4 billion, NEO is hardly as important as Bitcoin, which exceeded the $100 billion mark last week, but this does not mean it cannot offer some interesting opportunities. The price of…

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Dash Prices Bumping Into Fibonacci Support

Dash is the sixth largest cryptocurrency with a market capitalization slightly below $2.3 billion, or $297.60 per coin as of this writing. Dash fell to as low as $219 in the middle of September, then jumped sharply up to $370 just a week later, before declining to the $300 mark again, leaving bulls and bears…

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Litecoin Poised For a Short-Term Rally

The crypto revolution has already produced thousands of different currencies, many of which would probably fail to survive the test of time. One of the ones that maybe would is Litecoin. As of this writing, with a market capitalization of roughly $2.8 billion, Litecoin is the fifth largest virtual currency, behind Bitcoin, Ethereum, Ripple and…

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Three Weeks Ahead of Bitcoin’s Terrifying Selloff

It was September 1st, when the price of Bitcoin was hovering around the $5000 mark. Today is September 15th and the markets once again proved that for the cryptocurrency, two weeks is a very long time. BTCUSD just fell to $3051 on BITSTAMP and even lower on some of the other exchanges, erasing roughly 40%…

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Ethereum’s Elliott Wave Pattern Points North

On September 1st the price of Ethereum climbed to $395, making the impression the second largest cryptocurrency was going to reach a new all-time high very soon. Unfortunately for the bulls, ETHUSD reversed to the south for a 35% plunge to as low as $256 as of yesterday, September 13th. Crypto investors are starting to…

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BTCUSD Ready for Another Terrifying Pullback?

It has been a little over a month since BTCUSD fell to $1830 on July 16th. Just as panic was starting to settle in, the bulls returned with fury. A few days ago, the biggest cryptocurrency hit a new all-time high of $4480. The hard fork is behind us already, Bitcoin Cash is doing pretty…

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Bitcoin’s Crash and Its Elliott Wave Meaning

If the market was a human being, every psychiatrist would easily be able to diagnose it with bipolar disorder, but when it comes to Bitcoin, it is nothing short of schizophrenia. The market capitalization of the cryptocurrency more than doubled in less than a month, after its price climbed from $1348 at the start of…

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Ethereum Ready for a Pullback?

Less than two years since its launch on July 30, 2015, ethereum has already become the second largest cryptocurrency in the world, with a market capitalization of roughly $4.5 billion, trailing only to bitcoin’s $20 billion. We are definitely not the people to ask how exactly the blockchain technology works, but ethereum’s decentralized nature means its price…

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