Evolved08gsr's Crypto Overview August 22, 2017 (5:50 PM EST) - BTC over $4100 - ETH under $315 - LTC over $46

in #cryptocurrency7 years ago (edited)

Overview

Good Evening, fellow Crypto Enthusiasts!

We have seen some growth across the board since this afternoon. Bitcoin has improved the most, followed by Ethereum and Litecoin is mostly stagnant.

Afternoon Comments:
We seem to be watching Ethereum starting to recover from the overnight losses as of around 10:20 AM EST. Bitcoin has been trending upwards since 1:00 AM EST. Litecoin has been mostly flat since 1:00 AM EST this morning, with a very small and slow up-trend.

Morning Comments:
We had some serious drops across the board last night for #bitcoin, #ethereum, and Litecoin. All coins experienced a downturn leading into 1:00 AM EST, followed by a recovery period into this morning.

August 22, 2017, Around 5:50 PM EST

  • Bitcoin (BTC) is at $4,101.00, $104.13 Higher than at the same time yesterday, or Up 2.61%
  • Ethereum (ETH) is at $313.47, $9.63 Lower than at the same time yesterday, or Down 2.98%
  • Litecoin (LTC) is at $46.55, $0.39 Lower than at the same time yesterday, or Down 0.83%

August 22, 2017, Around 1:20 PM EST

  • Bitcoin (BTC) is at $4,005.50, $0.05 Higher than at the same time yesterday, or Up 0.00%
  • Ethereum (ETH) is at $318.66, $17.34 Lower than at the same time yesterday, or Down 5.16%
  • Litecoin (LTC) is at $46.15, $0.65 Lower than at the same time yesterday, or Down 1.39%

August 22, 2017, Around 9:00 AM EST

  • Bitcoin (BTC) is at $3,978.39, $57.62 Lower than at the same time yesterday, or Down 1.43%
  • Ethereum (ETH) is at $311.02, $18.76 Lower than at the same time yesterday, or Down 5.69%
  • Litecoin (LTC) is at $46.44, $0.15 Lower than at the same time yesterday, or Down 0.32%

August 21, 2017, Around 6:10 PM EST

  • Bitcoin (BTC) is at $4,009.24, $137.08 Lower than at the same time yesterday, or Down 3.31%
  • Ethereum (ETH) is at $321.79, $24.84 Higher than at the same time yesterday, or Up 8.37%
  • Litecoin (LTC) is at $47.03, $0.35 Higher than at the same time yesterday, or Up 0.75%

Evolved08gsr's Analysis

Let's review each coin's performance since ~9:00 AM EST this morning:

  • Bitcoin (BTC): Starting at $3,978.39 and currently sitting at $4,101.00, there has been a Net Increase in Value of $122.61, or 3.08% since this morning.
  • Ethereum (ETH): Starting at $311.02 and currently sitting at $313.47, there has been a Net Increase in Value of $2.45, or 0.79% since this morning.
  • Litecoin (LTC): Starting at $46.44 and currently sitting at $46.55, there has been a Net Increase in Value of $0.11, or 0.24% since this morning.

Evolved08gsr's Trend Follow-Up

  • For the second day in-a-row, Bitcoin dropped sharply between the 12:00 AM to 1:00 AM EST time slot and increased insignificantly during the 4:00 AM to 5:00 AM EST time slots overnight, ending up mostly flat from the start of 12:00 AM to 5:00 AM EST due to gains noted between 1:00 AM and 3:00 AM EST.
  • There was NO noticeable dip in Bitcoin leading up the 7:00 PM hour last night, however, there was a period of decline between 8:30 PM and 9:50 PM EST and again from around 12:00 AM to 1:00 AM EST (noted above)
  • Ethereum has been in a steady decline since about 10:00 AM EST yesterday morning, however, it appears to be starting to recover since about 12:00 PM EST.
  • Ethereum and Litecoin continue to lack consistent trends.
  • All 3 coins seem to be trending in their own directions, with no similar patterns across the coins.

Bitcoin (Last 24 hours):


btc.JPG

Ethereum (Last 24 hours):


eth.JPG

Litecoin (Last 24 hours):


ltc.JPG

Chart Source: Coinbase
All Times Eastern (EST)
All Prices are in US Dollars ($)

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Thanks for reading, I hope you have a great day!
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