💸 Crypto Price Updates: February 15th 🌙
Price Action And Relevant News For A Handful Of Coins In The Top 25 By Market Cap
Summary Of 24 Hour Price Action:
![JZijUGN.gif](https://steemitimages.com/0x0/https://steemitimages.com/DQmZBx374QkK1WF8SABNJvsTr7JjA8NeQUFZEtpbDW1MuAZ/JZijUGN.gif)
Yea, this pretty much sums it up.
Bitcoin
24 Hour Price Action:
- It's over 9000!
- Bitcoin managed to break through heavy resistance around $9500. If the price can remain there consistently, we may be able to confirm the breakout and expect the price to rise even further.
Some experts believe a slow and steady bull trend is occurring
Crypto Phil's Take:
It seems like we've confirmed a Bitcoin breakout and could potentially see the price return to the $10,000+ range. Lastly:
![BITCOIN_9000.jpg](https://steemitimages.com/DQmXZDFatHqxgAXLkwqeenhvBqNb6SWGeZLFUNex6UAU8Kn/BITCOIN_9000.jpg)
Good news everyone! We can reuse the memes from last time around!
Ethereum
24 Hour Price Action:
- Ethereum had a good day as well with prices rising to well over $900.
- If this market rally continues, we could potentially see Ethereum top $1000 again.
Ether is showing bullish signs
https://www.ethnews.com/analysis/02-14-2018-ethereum-price-forecast-ether-zooms-above-870
Crypto Phil's Take:
ETH is appears to be undergoing the same recovery that Bitcoin is experiencing. I think we're gonna see ETH hit $1000 and potentially over $1100 in the near future, provided BTC keeps rallying.
Ripple
24 Hour Price Action:
- Ripple gained 10% in the past 24 hours and is currently hovering around $1.15
- Analysts believe XRP could be over $1.50 again in the near future
Ripple's future is looking good thanks to more and more deals with financial companies being signed
Crypto Phil's Take:
Ripple has a long way to recover but I think it's fundamentals are still good and it's been signing deals with financial companies left and right. Even at a little over a $1, I think this coin is a steal.
Litecoin
24 Hour Price Action:
- Litecoin was yesterdays winner and it is a again today. Litecoin's price is up another 27%.
- Analysts believe that we'll continue to see LTC rise in the short term as well as long term.
Litepay Could Be A Game Changer For Litecoin
https://bravenewcoin.com/news/litecoin-price-analysis-sails-strong-but-an-ill-wind-blows/
Crypto Phil's Take:
The combination of Litecoin being way oversold, BTC rising, the announcement of LitePay, and finally the announcement of a new hard fork of Litecoin called Litecoin Cash, seems like a very good reason to expect the price to continue to rise in the near future.
NANO
24 Hour Price Action:
- NANO dipped slightly to $9
- Continued FUD continues to shake NANO
Crypto Phil's Take:
There hasn't been a lot of updates regarding the BitGrail hack with NANO. But it continues to be a thorn in NANO's side and will probably continue to be for awhile unfortunately. For those that actually believe in the underlying technology, now is probably a great time to grow your position.
Want me to cover some other coins in the future? Let me know in the comments down below.
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Please remember this all just my personal opinion and not financial or investment advice. Do your own research before spending any money or making any decisions.
Nice format
Thanks! It took some time to make it look nice
Good job...
Thank you :)
Goint to be over 10.000$ soon. :D
I really hope so, it would bring a lot of confidence back to the markets I think.
Agree.
This post has received a 3.26 % upvote from @boomerang thanks to: @phil917