The cryptocurrency markets continued last week's comeback and gained $14 billion in market cap.
Last week, we saw many cryptocurrencies below the Ichimoku cloud and between major support and resistance levels.
Let's see where the top cryptocurrencies are at this week using technical analysis.
Please use extreme caution when trading any cryptocurrency.
For this article, we will be using a handful of terminology that non-technical traders may not be familiar with.
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Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple
gepubliceerd op Jun 7, 2018
by Cryptoslate | gepubliceerd op Coinage
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First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.