The market has risen sharply

[cortanababy]

According to Citicoins, BTC has oscillated downward since 0. The market as a whole followed its decline, and the mainstream currency fell. Among them, BTCtemporarily reported 6256 US dollars (-3.94%), BCH temporarily reported 420 US dollars (-8.3%), ETC to usd temporarily reported 10.46 US dollars (-7.23%), ETHtemporary report 197 US dollars (-11.35%), LTC temporary report 52.32 US dollar (-9.15%). The market value of the first hundred currencies rose 93, the top three gains were CMT (+9.93%), MCO (+5.53%), skycoin price (+3.04%); the top three declines were LRC (-17.49%), DCN (-14.22) %), NANO (-13.86%).



The cryptocurrency market in the past 24 hours has risen and fallen, with some small fluctuations, but the total market value has remained at its original state. Bitcoin (BTC) price changes were minimal on the day, and the transaction price was approximately $6,504 as of press time. Ethereum (ETH) has seen a slight increase, with an increase of about 1% in the past 24 hours. At present, the total market value of cryptocurrency remains at the position, and the market value of the cryptocurrency remains at around $20 billion for most of the day, with an intraday low of $199 billion. As of press time, the total market capitalization was approximately $203 billion.



Sunday, September 16: Today's cryptocurrency market has risen and fallen, with some small fluctuations, but the total market value has remained at its original state.



Bitcoin (BTC) price changes were minimal on the day, and the transaction price was approximately $6,504 as of press time. The price of this major cryptocurrency has continued to rise and has risen by about 5.1% in the past seven days.



Ethereum (ETH) has seen a slight increase, with an increase of about 1% in the past 24 hours. As of press time, the transaction price was about $222, up nearly 13% in a week.



At present, the toETC to usdtal market value of cryptocurrency remains at the position, and the market value of the cryptocurrency remains at around $20 billion for most of the day, with an intraday low of $199 billion. As of press time, the total market capitalization was approximately $203 billion.



Recently, Silicon Valley venture capitalist Tim Draper predicts that the total market value of cryptocurrencies will reach $80 trillion in the next 15 years, as the existence of the cryptocurrency industry will change markets.



Stellar (XLM) and Dogecoin (DOGE) rose the most in 24 hours in the top 20 cryptocurrencies by market capitalization, up 2.6% and 4.3% respectively. Stellar, ranked sixth by market capitalization, now trades at $0.21, while DOGE ranks 20th, with a transaction price of about $0.006 at the time of publication.



Iconomi is trading at $0.35 and is still down 10.96% this week. As of press time, the ICN price is about $0.35.



Yesterday, Binance co-founder and CEO Changpeng Zhao revealed that the company will begin beta testing of the exchange of cryptocurrency legal tenders in Singapore on September 18. As of press time, Binance ranked first in Citicoins trading volume, with a volume of approximately $823 million in 24 hours.

 

[cortanababy]

Citicoins data: BTC Bitcoin reported $6535.97, up 1.6% in 12 hours. ETH Ethereum reported $223.42, up about 5.9% in 12 hours. BCH Bitcoin cash reported $466, up 7.8% in 12 hours. XRP ripple price is reported to be $0.47417, up about 35.7% in 12 hours.



In the past 24 hours, ADA and XRP have once again surged by more than 10% while Bitcoin remained stable, leading the recovery of the cryptocurrency market. Earlier this week, the valuation of the cryptocurrency market fell to $190 billion, and many investors are worried that the market valuation may fall to an annual low of $185 billion. In the past few weeks, Bitcoin price has remained relatively stable in the $6,100-6,500 area.



The market is gradually picking up

On September 16, when the price of Bitcoin hovered around $6,500, Lei Shu said that when the bitcoin trading volume dominated by the cryptocurrency market was lower, it could be considered as a short-term weakness in the market, which may affect other encryption. The price of money has fallen.



Normally, when Bitcoin falls slightly in price, there will be a small rebound in the rebound, and it will also lead to a small increase in the mainstream cryptocurrency. However, bitcoin trading volume is too low, and now the market value of about 3.3 billion US dollars, may also cause investors panic.



On September 17, bitcoin prices fell below $6,300 while cryptocurrency Ethereum prices also fell to $190.

After a small rebound in bitcoin on September 18, the cryptocurrency market has seen a good gain in the past 48 hours. But the more important signal is that bitcoin turnover has risen from $3.4 billion to $4 billion in the past few days, and the market is gradually picking up. In the past few days, Bitcoin’s trading volume has increased by more than 26%, and turnover has increased from $3.4 billion to $4.3 billion.



Supported by the strong performance of major cryptocurrencies such as Ida and Ripple, Bitcoin's trading volume has grown so rapidly that it will drive a short-term rebound in the market, when Bitcoin's resistance may be at $6,600 or $6,800. In the past two months since the beginning of August, Bitcoin has been using $6,000 as a strong support. BTC prices are still fluctuating between $6,300 and $6,500, and it is impossible to find stronger support points above $6,000.

 

[cortanababy]

Citicoins offer: BTC bitcoin reported $6535.97, up 1.6% in 12 hours. ETH Ethereum reported $223.42, up about 5.9% in 12 hours. BCH Bitcoin cash reported $466, up 7.8% in 12 hours. XRP Rebo is reported to be $0.47417, up about 35.7% in 12 hours.



The market has risen sharply. This wave of leaders is not the Ethereum. It has risen from $166 to $230. Greatly driving the market enthusiasm, there has been a general increase. Bitcoin's current round of the market is more staggering, but the increase is also slightly behind, but in the afternoon, it is not to be outdone.



Currency analysis

1. Bitcoin BTC price

Yesterday gave an analysis of the long-term and long-term positions, and made clear that the profit-loss ratio is appropriate. Today, the K-line has broken through the neckline position for 4 hours today, so if you don’t break the $6,580, you will continue to move up.

2, Ethereum ETH price

ETH's 4-hour K-line successfully broke through the recent focus of 218 US dollars, so it went straight to 230 US dollars. At the current adjustment stage, as long as it does not break the 220 US dollars, the probability will continue to rise.

3, grapefruit EOS price

EOS's 4-hour K-line confirmed yesterday that the form was slightly positive, the callback was not strong, and there was hope that it would break through $5.35. If it breaks through today, then it will continue to move upwards without breaking $5.6.

4, Ida ADA

The ADA was also analyzed in the previous period. Today's trend is similar to that of the BTC, but it breaks the neckline more aggressively. Then it will continue to move upwards if it is not broken.

5, CMT

This is yesterday's analysis: CMT has recently been relatively strong, the daily line has been yin and yin, and the 4-hour level breaks through the triangle. As long as the step back does not fall below $0.09, it is expected to continue upward.

6, IOST

IOST was very calm recently, and the low position fluctuated for a half-month. The next step was to wait patiently for the direction. The interval in the picture was wider, but as long as the direction was big, I didn't care about the difference.

 

[cortanababy]

In the past 24 hours, BTC price successfully broke through the $6,700 mark after a small shock adjustment. Since then, although the air side has launched several attacks, it has not achieved effective results. As of press time, the average price of Bitcoin is about $6,760. The cryptocurrency Ripple Coin price (XRP) reported $0.46, an increase of 3.54%. According to the Citicoins platform, Ripple has risen more than 42% in the past 24 hours.



The trading activity on the BTC chain decreased by 16.03% compared with yesterday, and the ETH activity decreased by 9.66%.



In terms of the number of daily transactions in the blockchain project chain, the number of Bitcoin daily transactions in the past 24 hours was 213,688, which was 40,819 lower than yesterday's data, a decrease of 16.03%, and the total transaction amount on the chain was 630,350 BTC (about US$6.812 billion). Compared with yesterday's data, the data dropped by 38%. The average value of each bitcoin transaction was $1,853, a decrease of 25.9% from yesterday's data.



The number of transactions in Eth price was 467,252, which was 50006 lower than yesterday's data, a decrease of 9.66%. The total transaction amount on the chain was 1,152,164 ETH (about 281 million US dollars), which was 53.2% lower than yesterday's data. The average value of each Ethereum transaction was about It was $602, a 47% drop from yesterday's data.



In contrast, the average value of Bitcoin transactions is 32.978 times the average value of Ethereum transactions.



Summary: In the past 24 hours, after a small shock adjustment, BTC successfully broke through the $6,700 mark. After that, although the air side launched several attacks, it did not achieve effective results. In the case of the stable king, the compatriots of Ripple - The performance of the star currency is outstanding. Its market value has increased by more than 20% within 24 hours, and it is currently competing with the eos coin for the fifth position. In the past 24 hours, the number of unconfirmed transactions in the Ethereum network has fluctuated greatly, currently 47895, which is 30% lower than yesterday's data, and the degree of network congestion has been greatly eased.