Popular cryptocurrencies have enjoyed unwaning popularity recent weeks, the entire market is worth over $600 billion. In daily analyses, we will look at the most popular currencies and you can use the opportunities that happen when trading on the Polish BitBay exchange.
Bitcoin
It’s hard to believe that only since the beginning of December the price of Bitcoin has been doubled, currently for one token you have to pay over 18 thousand dollars. The price is approaching a broken resistance around 17,500 (the highest closing price before the attack on 20,000), slightly higher is the first fibo level – 38.2%.
Today, the coin found support there and slightly rebounds, but still a dayly bearish candle remains. If the sentiment persists, it will be the third day of declines and also the longest streak of declines in December. In the area of 15,5 thousand there is still strong support resulting from the equality of corrections.
Qtum (Quantum)
Another coin to which I would draw your attention is Quantum. The price broke out from a several month consolidation in impressive style and soared from less than $ 20 to more than 70. Qtum is worth more than 5.5 billion dollars, more than eg NEO, ETC or Lisk. I will follow up how the coin evaluates to see if we can still make money trading on it.
