Daily Altcoin Price Analysis: Breeze on the Cryptocurrency Market

Published at: Dec. 17, 2015

Litecoin

Litecoin is still standing between two price levels of $3.50 and 3.80, somewhere near $3.60. It seems that situation would only change when the Bitcoin price moves away from $450.

DASH

DASH bottomed out at a price of 0.056, having lost about 6% in a day. If the Bitcoin price moves up, DASH would probably move to another bottom, but Bitcoin price corrections will give DASH a chance to make a new start from this level.

Dogecoin

Dogecoin resists the inevitable, holding its price at the level of 30 Satoshi. Last night the price even fell down to 28 Satoshi, so it is not the best idea to place buy orders at 30 Satoshi now. Even the price of 28 and 29 doesn't look attractive to place buy orders anymore.

ETH

ETH left the "flag" of the technical analysis with the move down. There are neither trend, nor figures on the ETH daily chart now. So far, we shouldn't expect much more from ETH, rather than staying at the level of 0.002.

Peercoin

Peercoin isn't inclined to make any surprises, and today its chart is boring. Even a genius won't be able to trade profitably in such range — 42-43 cents.

Neucoin

The price of Neucoin falls while the trade volumes grow. So, the idea of placing buy orders at the level of $8 for 1000 Neucoin and lower is correct. So far we saw only $8.27 for 1000 Neucoin, but each trader has such a situation when the price slightly doesn't reach the order. Well, it’s still no reason to rearrange the orders above. It is simply necessary to wait.

Are you interested in bitcoin? Find it in our cryptocurrencies ratings and learn more.

Tags
Ethereum
Altcoin
Cryptocurrencies
Dogecoin
Dash
Litecoin
Peercoin
Neucoin
Related Posts
Daily Altcoin Price Analysis: On The Way Of Miracles
Litecoin Litecoin continues its painfully slow slide down. The recent top was reached at the level of $3.53, and a local bottom at $3.42. There are almost no fluctuations of the price which means that Litecoin is facing a lack of interest from traders. At the same time, the exchange rate of LTC to BTC overcame the level of 0.008. However, no steady growth is present. On the contrary — the price tested the level of 0.0083, then moved to the top of 0.0082, and now moves lower. It seems that there is a high probability of a continuation of …
Ethereum / Dec. 29, 2015
Daily Altcoin Price Analysis: New Year's Gifts From DASH And ETH
Litecoin Litecoin continues its tortures around $3.50, and can’t decide which direction to move in next. LTC:BTC tested the level of 0.008 and now tries to jump from this level. While Bitcoin decreases, Litecoin is counterbalancing at around $3.50. DASH A one days growth of the DASH price by 20% came as a surprise, especially after yesterday's growth of more than for 12%. Having jumped from 0.0067 to 0.0087, DASH remains in first place when measured by trading volume, having left ETH far behind. It means that DASH has excellent prospects in the coming year. As a result, the chart …
Ethereum / Dec. 30, 2015
Daily Altcoin Price Analysis: The Moment of Truth
Litecoin Do altcoin cryptocurrencies await the performance of Bitcoin? Will Bitcoin fall from the $450 ceiling or push on to levels of $500 and more? Litecoin once again stood at $3.80, and is expected to roughly track Bitcoin’s rise and fall. Previously LTC:BTC had fallen to 0.079, having jumped sharply from 0.084. Now LTC:BTC is at 0.082 and continues to trend down. DASH DASH loses 7% a day against the growth of the Bitcoin price, and goes under the level of 0.06. Bitcoin price growth continuation will lead DASH to fall to a level of 0.05 exchange rate and below, …
Ethereum / Dec. 15, 2015
Daily Altcoin Price Analysis: Losing Trust
Litecoin Litecoin price continues to fluctuate in the area of $3.40 - $3.50, and decreasing very slowly. After all this is a decrease, rather than a hitch in growth. The LTC:BTC pair has already reached 0.0076-0.0079. Miners don't have trust in Litecoin, and are getting rid of the cryptocurrency. Only a new round of growth in Bitcoin could lift Litecoin above today's indicators of the price. DASH DASH feverishly moves between the strong level of local bottom 0.0056 and one more strong level of 0.0059-0.006. It gives traders possibilities of earnings on short transactions. Buy orders at the levels of …
Ethereum / Dec. 23, 2015
Weekly Altcoin Price Analysis: Reaching a Local Bottom, Can They Make A New Start?
Litecoin Since the beginning of the week, Litecoin’s price stood in a corridor of $3.50 - $3.80, having created a triangle on the chart. Next week the exit from this triangle is inevitable, and the direction of an exit depends only on the direction of Bitcoin’s price. However, this week Litecoin had another important event: as the Litecoin vs. Bitcoin exchange rate reached a local bottom of 0.008, having stopped its continuous falling at this level. DASH DASH began last week pretty well, having jumped sharply from 0.06 to 0.07 on Monday. But then gradually went down to a local …
Ethereum / Dec. 20, 2015