Monday Market Report and TA

in #bitcoin • 6 years ago

Cryptocurrency Market Report for 6/4/18


Most cryptocurrencies are still recovering from the fall of the last 30 days.

The market seems to be turning sideways as we start to climb back with BCH, XRP and EOS leading the recovery this past week over their monthly drops.

Meanwhile, the chart for BTC is starting to give hope as the 50 MA $8,491 tests itself against the 100 MA $8,466. We expect a short pullback before we break through this level.



Our Technical Analysis shows that this week only EOS and BNB make the cut for recommended buys.

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#altcoin #cryptocurrency #analysis
6 years ago in #bitcoin by
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