banner
News about trading Bitcoin, Ethereum and Ripple
News about trading Bitcoin, Ethereum and Ripple
Trading

News about trading Bitcoin, Ethereum and Ripple

By Federico Izzi - 16 Oct 2018

Chevron down

As described in yesterday’s trading Bitcoin, Ethereum and Ripple update, October 15th upward movement created significant price disparities.

trading bitcoin ethereum

While for Ethereum it took just a few hours to find the difference in prices between some exchanges, reaching a range of 10%, 24 hours after the incident bitcoin still records disparities of more than 300-400 dollars between some of the major crypto exchanges.

Moving on to a purely technical and general analysis, among the first 30 coins listed on Coinmarketcap, a slight optimism emerges with a prevalence of green signs.

On the other side, there are no downward movements worthy of note. Among the Big only Ethereum shows a small decline close to 1% from yesterday morning’s levels. Another setback seems to postpone beyond December the next Constantinople hard fork of the mainnet of Ethereum, reflecting negatively also on the prices.

Total capitalization remains above $210 billion. Bitcoin reaches over 54% of the market share, with Ethereum and Ripple trying to bring back over 10% after sinking below double digits at the beginning of last week.

Trading Bitcoin, Ethereum: uncertain prices after yesterday’s shocks

New features Zilliqa blockchain
Search: https://it.tradingview.com/symbols/BTCUSD/

Bitcoin (BTC)

The graph of prices quoted on Bitfinex shows signs of consolidation above $6800, a level easily violated yesterday morning which has seen several rejections since mid-September. In the next few hours, it will be necessary not to fall below 6600 dollars in order to keep the movement of the beginning of the week.

trading bitcoin ethereum
Search: https://it.tradingview.com/symbols/ETHUSD/

Ethereum (ETH)

Yesterday morning’s steep rise pushed prices above the previous short resistance of $230. Prices fell to weekend levels, just above the $200 threshold. This level has to hold up well, otherwise, a new weekly trend will have to start.

Federico Izzi
Federico Izzi

Financial analyst and independent #trader – S.I.A.T. & Assob.it partner. He operates actively on stock and derivatives markets (futures and options) since 1997. A precursor of cyclic-volumetric analysis he is known for having identified the most important upward and downward movements in the financial markets of recent years. He participates annually as a speaker at the ITForum in Rimini since the 2010 edition and InvestingRoma and Napoli since the first edition of 2015. He is a guest and market expert on the "Trading Room" and "Market Driver" broadcasts of Class CNBC, Borsa Diretta.tv and on the evening news of Traderlink. Since July 2017 he is a permanent guest on LeFonti.TV, the only weekly national space dedicated to cryptocurrencies alongside the most important international experts in the field. He was interviewed as a cryptocurrency expert for Forbes Italia, Panorama, StartupItalia and DonnaModerna. He was recognized as the first Italian technical analyst to have published the first secular cyclic analysis on Bitcoin. Periodically publishes articles on ITForum News, Sole24Ore, MILANOFINANZA, TrendOnLine and Wall Street Italy. Federico Izzi is... "Zio Romolo".

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.