Cryptocurrencies That Continue to Rise in 2018
Bitcoin is a cryptocurrency that, apart from being the most popular, always generates a debate around the daily price trend, with its volatile value, there are many analysts who predict a positive end by the end of 2018. Likewise, Currencies such as Bitcoin, Ethereum, Monero or Litecoin have experienced high volatility in recent months due to the interest of investors, banks and forecasts on their future use.
In this regard, according to data provided by the Bitcoin price index of CoinDesk (BPI), for April 24 the price of the largest cryptocurrency per market capitalization Bitcoin "rose to more than $ 9,300, increasing by an 4%". Seen this way, after the fall, the price of the cryptocurrency that decreased on March 30 to only $ 6,593, for April 24 increased by 39% from that market fund.
In turn, at present, four of the five largest cryptocoins by market capitalization are seeing their prices at one-month highs, according to market data. Ethereum, the second largest cryptocurrency in the world, reports an increase of more than 7% allowing the price to rise above $ 690 very close to reaching $ 700. The value of the Ethereum is benefiting from the increase in Bitcoin in recent days.
For its part, the price of the Ripple managed to climb above $ 0.91 a few steps to reach $ 1 again, the value reported an increase of 4.19% in today's deal.
In turn, the value of Bitcoin Cash (BCH) continues to rise in the bullish wave. The price is negotiated above $ 1,400, increasing more than 2% on the day of April 23. The Bitcoin cash network is programmed to change the underlying code of the cryptocurrency, increasing its block size from 8MB to 32MB.
At the moment BCH is changing hands to $ 1,413 in Bitfinex, an increase of 15 percent in the last 24 hours. The general bias remains bullish, as suggested by the bullish break of the long-term falling trend line on April 15 and the rising moving averages (bullish biases) to 5 days and 10 days.
The volume of daily operations also rose 374 percent on weekdays, indicating a strong rebound. However, the Relative Strength Index (RSI) is well above 80.00, which indicates short-term overbought conditions.
The value of the EOS has skyrocketed by more than 14%, positioning the price above $ 13 dollars. NEO is in an evident bullish trend looking for a new maximum in price
The price of Litecoin manages to surpass $ 160 dollars, the price of the LTC reports a growth of more than 5% allowing the value to be well positioned as it was before the problem of LitePay
The price of the Cardano (ADA) is negotiated above $ 0.30 this after increasing 5.97% in the day today. Cardano is a cryptocurrency that continues to struggle to increase value, has had good acceptance of the market and could reach $ 0.50 before the end of the month.
The price of Stellar (Lumens) reports an increase of 4.57% allowing the price to trade above $ 0.38 cents. Stellar is still far from carrying the $ 1 again.
The IOTA also known as "the cryptocurrency of the internet of things" manages to hold over $ 2 dollars. It opens the day reporting a weak increase however it has been enough to negotiate the price at $ 2.14 dollars.
The price of NEO follows the path to $ 80 dollars, in the day today is reporting a growth of more than 4% raising the price above $ 79 dollars.
The sentiment has been more positive in recent weeks, driven by the news of the big investment funds that invest in the best-known cryptocurrencies, with Bitcoin picking up as the one with the best market value.
Reference: tecnologia.press, criptoinforme.com
Disclaimer: InfoCoin is not affiliated with any of the companies mentioned in this article and is not responsible for their products and / or services. This press release is for informational purposes information does not constitute investment advice or an offer to invest.
Source: http://infocoin.net/en/2018/04/25/analysis-of-the-main-cryptocurrencies-that-continue-to-rise/
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