The popularity of cryptocurrencies has been unflagging in recent weeks, the entire market is worth over USD 300 billion. In daily analyses, we will look at the most popular currencies and you can use the opportunities that occur by trading on the Polish BitBay exchange.
Some recovery has materialized on the values of Lisk, which records six growth sessions in a row, but the dynamics of candles leave much to be desired. From interesting elements of technical analysis, it is worth paying attention to the breakout above $ 11 which means breaking the biggest correction in the downward trend (intraday). The structure of highs and lows thus became positive.
On the other hand, the price is still in the resistance range of 10-12 dollars, which well capped the price during the consolidation in December last year and cooled the sellers’ stakes in February this year. The exit above the red zone at the end of the day will be a clear invitation to continue the upward trend, currently, the exchange rate is still in the range of the candle from April 13.
A review of events and analyzes from the world of cryptocurrencies is made in cooperation with the Polish BitBay stock exchange offering free accounts for trading on digital currencies. Acquaint yourself with the BitBay offer and start trading on BTC and altcoins now.