Few charts to consider if you are ready to invest.
A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.
The gold price has reached all-time highs and breaks new records every week.
On Thursday, July 30th, the BTC growth rate has slowed down. The cryptocurrency is generally trading at $10,936.
This past week, Bitcoin added more than 23% and managed to break one of this year’s high at $10,500 per coin.
BTC was able to provide a daily return of 11.15%.
On Thursday, July 23, Ethereum price that was moving higher just yesterday consolidated near $260-265.
The cryptocurrency market was overwhelmed by bulls over the last 24 hours.
Bitcoin had another disappointing week providing a negative weekly return of 1.60%.
On Thursday, July 16th, the quotations of the BTC renew local lows after another failure to overcome the resistance line of the descending channel. It seems that market participants regard the level of $9000 as the main support line and will test it.
The cryptocurrency market volatility never went up as a lot of assets are still “stuck” within their respective sideways channel.
Bitcoin enjoyed a bullish price action over the course of the past seven days providing investors a weekly return of 2.52%.
On Thursday, July 9th, ETH is declining a little after the preceding growth, however, it looks strategically confident and may keep on growing further. It is generally trading at $242.
The cryptomarket is recovering after finishing another descending wave. However, there are no clear signals for further uptrend so far.
On Thursday, July 2nd, the BTC rate is aiming upwards but the activity of investors has diminished. The leading cryptocurrency is generally trading at $9264.