The price of Bitcoin could crack at a market capitalization of close to 190 billion U.S. dollars, the magic of 10,000-US-Dollar mark at last. But also in the case of Altcoins, it looks quite good: Ether (ETH), Ripple (XRP) and Litecoin (LTC) are also a good Plus. An insight into the current rally in the crypto-currencies.
By Mark Preuss
22. June 2019BTC$11.066,00 13.32%part Facebook Twitter LinkedIn xing mail
Bitcoin price: The value of the largest crypto currencies will crack the 10,000-US-Dollar-brand. Thus, the top dog of the digital currencies, continues with a dominance of 59% to its current price rally to continue. The Bitcoin is not alone: Also Altcoins such as ethers, Ripple (XRP) or Litecoin can enjoy the green.
Bitcoin price: growth all along the line
So, the price per Bitcoin reached in the last 24 hours of dizzying 10.881 US Dollar (+10.25%). Current price: 10.741 US Dollar. For the first Time in 15 months, the Bitcoin broke the magic of 10,000-US-Dollar mark to the North. In the 7-day chart, the Bitcoin exchange rate is not a respectable 24 percent in the month review +34 percent.
Since the end of March, the Bitcoin exchange rate followed an upward trend, whose Support was tested at the end of April and the end of may, however, previously considered stable has proven to be:
The indicators continue to speak a bullish language: MACD and RSI are rising and the Aroon Up indicator is high. Clearly, the overbought RSI suggests a speedy consolidation, certainly investors will be the profits, want to bring more than 10,000 US-Dollar rise in the Bitcoin price, even home. But that should not endanger the existing upward trend. When this is compromised, it was at 21. June already described.
Ether-course (ETH) cracking the 300 US dollars
As is so often the Altcoins in the Bitcoin exchange rate are based. Also Ethereums Ether-course cracked with about nine per cent Plus in the last 24 hours, finally, the magical 300-US-Dollar-brand. Within a week, the Ether rate was down a good 16 per cent. Within the last 31 days, there are now 14.4 percent.
A glance at the Chart shows that the Ether-course is also based on a solid upward trend since the end of 2018:
With the current increase of about 300 US-Dollar tests of the Ether-course a Resistance, which is defined by the Plateau in August 2018. From the indicators point of view, it might even be possible to Overcome this price level, however, investors will certainly make use of the 300-US-Dollar-limit to Protect profits. It can also lead to a slight consolidation, the vulnerable, however, from falling under US $ 200 the existing upward trend.
Ripple price (XRP): Trapped in the Triangle Pattern?
To place three of the crypto currencies with the largest market capitalization of the XRP-Token from the home of Ripple is as before. Accordingly, the XRP price is just $ 0.45. In the last 24 hours he won over three per cent, of starch. In the past seven days, thus it was 11.8 percent. Unlike Bitcoin and Ethereum can’t, however, see Ripple on a longer-term upward trend. After the Pump from the beginning of may, the XRP exchange rate is moving in an upward-pointing Triangle Pattern and is currently testing its Resistance:
Of the indicators, the Situation is regarded as less clear-cut as in the case of the above-mentioned crypto-currencies. Although MACD and RSI are rising, but the Aroon Up indicator currently. Accordingly, we should wait here, the behavior with respect to the Triangle Patterns.
Litecoin price (LTC) followed the upward trend
With a little weaker of 2.78 percent, the Litecoin price is over the green and is just under 140 US dollars. Within the last seven days, the almost 7 percent Plus. Nevertheless, here, as in the case of Ethereum and Bitcoin, that will be followed for some time persecuted the upward trend also continued:
A glance at the indicators right here most in comparison to the bearish: The MACD is falling, the RSI is moving currently sideways and the Aroon Up indicator is very low. This does not mean per se that the since February, existing upward trend is at risk, but that it can come to a Test of the upward trend. The 44 days of the upcoming Halving, however, should provide for a continued Existence of the upward trend.
To our course pages, with an Overview of the current Top Performer of the past 24 hours here.
The Charts were created with trading view. As the value of the pairs BTC/USD on Bitstamp, ETH/USD on Kraken, XRP/USD on Bitfinex and LTC/USD were seen on Bitfinex.
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