CryptoPub Daily - Weekend Warriors Express

in #cryptopub6 years ago

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Good morning weekend warriors. This is your express Bitcoin update so that I can get on my weekend fun quicker too.

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Volume has settled down as it typically does at the start of the weekend and Bitcoin is down about 1% to just under $6,700. Ripple is cooling off hard as expected, down 14% to $.58 after topping out at $.79!! Ethereum is the coin of the day so far, up over 4% to $240 and Litecoin is holding its own barely in the green at $59.

In the Clown race featuring entertaining alts 0X, FunFair, aElf, Tron and Stellar Lumens, FUN is in the lead today up 2% and Lumens is in last place doing the banking coin cool off, down 12%.

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T&A today brought to you by @overkillcoin who is a shoe-in to wiun the D-live logo contest
https://steemit.com/funny/@overkillcoin/dlive-rebranding-my-entry
For the weekend view of where Bitcoin is and where it may go before Monday, the 6-hour chart is a good indicator. There has been great scalping the last couple days as even beginners could have been picking the Bollinger outliers off for profit. The strong MACD cross caused a significant pump and validated the 2-week resistance level again. It looks as though the decreased weekend volume and a drop out of over-valued on the STOCH will cause a weekend correction. Definitely down to the magic $6,550 level, but possibly down to support again if there are weekend bears awake.


Source:@overkillcoin

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