CryptoPub Daily - What's it gonna do?
Good morning CryptoPub. It has been a pretty busy couple days in IRL land and not much price action so I will make it a quick one today.
This is another prototypical almost straight sideways day despite the sea of green. Bitcoin is back on top in trade volume, up 1% on the day to just over the magical $6,550 level, while ETH is up a half point to $224 and Ripple is down that half point for $.53. In the Poodle race of entertaining alts, Tron is in the lead, up 7% while FUNfair is down a point in last place.
T&A today brought to you by @overkillcoin with another great piece of forking art! https://steemit.com/art/@overkillcoin/art-the-ugly-forkling
With the 24-hour Bitcoin chart slowly looking to correct before oversold, and the 12 hour in distinct correction mode, I am looking to the 6 hour chart for a shorter term look. Overnight, the Bulls ran a little and Price jumped about $150 but bears rained on the parade a little bringing it down to $6600. With room to grow on the STOCH near the top, and the recent MACD cross upward, I solemnly predict a spike up to around the $6,680 level. What I am REALLY interested in is what it will down from there as we will be closer to a MACD cross on the 12-hour which could mean for a REAL pump. Caution though as the daily chart is still headed down presently.
Source: @overkillcoin
News: More fud from the crypto banker scum! https://www.newsbtc.com/2018/10/04/ripple-ceo-more-than-90-of-crypto-assets-will-crumble/
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That is one macho looking suave swan!
(and the waterfowl in the bottom frame looks pretty good too!)