Market Review. Results of the Day. EOS Again.

April 17, 2018

BTC $8102.86

ETH $514.54

XRP $0.6752

BCH $779.27

LTC $137.14

EOS $8.98

Technical analysis

LTC and EOS are leaders of today's growth. Their prices added 7.3% and 11.1% respectively. Trading volumes grew by 50%.

BTC price has not changed much, the cryptocurrency is trading around the level of $8,100. The support level is $7,800, resistance level is $8,200. 

A continuation pattern is continuing to form on XRP chart. The trading volume fell by 25%, the support level is $0.62, and the resistance level is $0.70. The target in case of the realization of the pattern is $0.90, or +30%.

News review

Head of financial consultancy company deVere Group Nigel Green believes that Ripple, not Bitcoin is the cryptocurrency of the future.

Coinbase absorbed portal, that allows users to earn cryptocurrency for solving small tasks.

Bank of Japan denied rumors about the release of its own cryptocurrency. 

Kraken ceased operations on Japan. 

Pornhub announce the implementation of Verge (XVG) as a payment option on the website.

Binance added two new pairs for Cardano (ADA): ADA/BNB and ADA/USDT.

The Federal Service for Supervision of Communications, Information Technology and Mass Media of Russia (Roskomnadzor) banned more than 16 million IP-addresses of Google and Amazon in order to block Telegram messenger. As a result, Sberbank, Viber, Sony, Blizzard, Twitch and many more companies suffered instead of Telegram, that is remains available. 

A cryptocurrency analysts Callum Blanchard predicts that BCH will reach $2,000 by May, while ETH will drop to $200.


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