Bitcoin, Ethereum, Bitcoin Cash, Litecoin: Price Analysis, March 8

in #bitcoin6 years ago

725_aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zZTRmNWUxMzliYjVlMjI5OThkNDAxMDYzN2ZmM2MzMy5qcGc=.jpg

https://www.okchanger.com/news/2018/3/7/crypto-price-analysis-bitcoin-ethereum

https://cointelegraph.com/news/bitcoin-ethereum-bitcoin-cash-ripple-stellar-litecoin-cardano-neo-eos-price-analysis-march-8

https://cryptotown.io/news/bitcoin-ethereum-bitcoin-cash-ripple-stellar-litecoin-cardano-neo-eos-price-analysis-march-8-cointelegraph/index.html

https://cryptona.co/bitcoin-ethereum-bitcoin-cash-ripple-iota-litecoin-nem-cardano-cryptocurrency-price-analysis-prediction-18/

BTC/USD

Bitcoin has failed to cross above the $12,200 on three occasions in the past month and a half. Therefore, this level assumes significance. The cryptocurrency will gain momentum only after it breaks out and sustains above $12,200.

btc.png

ETH/USD

Ethereum has corrected according to our expectation. The $723.48 level is the 61.8 percent Fibonacci retracement level of the recent pullback. Yesterday, March 7, the cryptocurrency fell to a low of $725 from where it bounced.

e.png

LTC/USD

After showing promise a few days back, Litecoin has become negative. We expected it to fall towards the 50-day SMA and that is what happened.

ab18952404e8a3fbdfe6dd2a4766cb32.png

BCH/USD

Though the bears broke below the support levels of $1,150, they have not been able to sink Bitcoin Cash to $950 levels, as we anticipated.

bch.png

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BCHBitcoin Cash986.654$-9.09%-22.58%
BTCBitcoin9003.390$-9.53%-18.05%
ETHEthereum690.557$-8.81%-20.01%
LTCLitecoin173.178$-5.65%-16.32%

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 60716.93
ETH 2594.61
USDT 1.00
SBD 2.55