Further, a look
at the price chart indicates the cryptocurrency could be in for a short - term pullback.
Not exact matches
Bitcoin's quick recovery from the minor wobble seen in Asian hours has strengthened the bull case scenario, technical
charts indicate As of writing, CoinDesk's Bitcoin
Price Index (BPI) is
at $ 8,165 — up 3.9 percent from the overnight low of $ 7,573.
Now, it seems to me, looking
at the large forceful decline in BlackBerry's share
price (as
indicated by the large red candle in the stock
chart above), that investors are almost hysterically overreacting to the deal news.
The oversold conditions on the daily and 4 - hour
chart - which come
at a time when
prices are hovering around the critical 61.8 % Fibonacci retracement support level -
indicates the LTC / BTC pair could be nearing a bottom.
CoinDesk
Prices of the privacy - focused cryptocurrency monero are
at an all - time high and could keep on climbing,
chart analysis
indicates.
Bitcoin
prices are taking a hit
at press time, and could suffer a deeper pullback over the weekend, the
price charts indicate.