Long-Term Cryptocurrency Analysis: Bitcoin, Ethereum, Ripple, Litecoin, and Dash

It was a long and frustrating week for most cryptocurrency traders as the correction in the two main coins, Bitcoin and Ethereum continued, with a long low-volatility drift that was followed by a decline on Friday. To put the week in perspective, the long-term charts are basically unchanged, even as the short-term moves are being magnified by the recent sharp swings in both directions. Given the several 100% of gains this spring, the correction is a normal part of the market cycle, and with some of the majors already hitting new highs since the lows last Monday, and the other…

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