Market Review. Results of the Day. Calm Before. 02/07/2018

February 7, 2018

Changes (24h):

BTC $8,233

ETH $833.20

XRP $0.7849

BCH $1,010

Technical view.

Cryptocurrencies are correcting. Today, EHT has reached the middle of its falling channel.

Support level of 600$ stood firm and was not broken. Most likely, there will be another downward momentum, after which you may start looking for entry points.

Resistance level is $850.

The number of ETH transactions has been continuing to decline from its peak since early January.

Trading volumes grows during the falls and declines during rises of the price.

There facts proves that investors became less interested in this cryptocurrency, and until the situation changes, one can not expect a reversal of the falling trend.


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