6 July 2018

Overview of the cryptocurrency market. July, 6.

Today's cryptocurrency market is falling. The most firmly held BTC, the fall of the digital asset was 1,46%. You can buy a coin for $6 506. Ethereum lost 1,55% of yesterday's value and costs $463. Ripple, like most other altcoins, lost about 5%, the asset can be purchased for $0,466. The BTC domination index is 4,.7%, the market capitalization is $266 billion, daily volumes are $ 15,2 billion.

Now the main cryptocurrency asset has returned to the horizontal support zone, which was mentioned at yesterday's analyst. The further movement of trades depends on the general mood of traders on the BTC/USDT trading pair. The price of digital gold will do one of the things. The first is the implementation of support at $6 480, the second is the price fall below this level to the horizontal support zone between the levels of $6 327 and $6 247 before going up.

Tools of technical analysis don't show active actions of both sellers and buyers. The Kijun line on the "Ichimoku Cloud" indicator is approaching the Tenkan line. Their intersection and exit above the cloud will show the change in the daily trend. BTC isn't in the oversold stage, not in the overbought phase, this is confirmed by the StochRSI indicator.

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