Daily market review & Analysis July 15th

BNB/BTC
July 4th
This is the chart we analyzed on July 4th, as you can see, we said that there will be a decline before the rally, we added the updated chart below.

Today
We hit the first target, so for-so good.
The current situation doesn't indicate an increase in its price in the short period of time, it can drop a little bit more (to the second support line we placed) but for the long term we expect to see the BNB recover itself.

REP/BTC
This ambitious project doesn't seem to be on the right path.
Since the analysis here is based on technical indicators only, I'll talk about 2 important indicators related for its future possible movement.
MACD: The leading line (Blue) seems to be very close to the orange one, may be a downtrend if Augur will not be able to generate momentum (losing interest).
CCI: This is exactly the momentum that we're talking about, the 50 line should be crossed today, otherwise0 the next 'deep' is right around the corner.

Market review- highlights

• Chinese officials shut down an online gambling ring that had accumulated $1.5 billion in World Cup bets.
• South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month.
• Cryptocurrency Fund to be Launched by Venture Capital Firm Lightspeed.
• Ripple hires Facebook’s former executive.
  *Bank of Queensland Bans Use of Mortgage Funds for Crypto Speculations.