25 July 2018

Overview of the cryptocurrency market. BTC has exceeded $8 000

The active phase of recovery on the cryptocurrency market continues. Altcoins rise more strongly than BTC today. The growth of digital gold reached 7%, the value of the asset - $8 360. The Ethereum also shows a 7% rise, you can buy currency by $481. The third by the capitalization of the cryptocurrency, which calls Ripple, showed a more modest growth - 4,3%, the purchase is possible at $0,458. An increase of more than 10% indicates EOS, TRON and NEO. The capitalization of cryptocurrency exceeded $300 billion, BTC's dominance over the Altcoins is 46,8%, daily volumes almost reached $21 billion.

BTC's ascending movement is being confident for the time being. The growth of cryptocurrency assets is accompanied by a purchase. The price is confidently holding above 0,618 Fibonacci. The most powerful Japanese candle was the candle breaking through the Ishimoku cloud, large volumes are observed on it. While one can only guess for what reason in fact the digital market shows such a positive dynamics. The growth in the active season of vacation seasons causes fears in his honesty. The correct solution will be to fix profits and buy altcoins, which have not yet shown a sure rise now. The scenario with overflow of means in altсoins is more probable so far. It's not ruled out the beginning of an early correction, some indicators of technical analysis have already begun to speak about this.

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