Quote from: oksgvardukraine2018 on September 13, 2018, 07:33:43 PM

Ethereum, Monero Lead Crypto Market Recovery with 17% Gains, Each

The cryptocurrency market capitalization on Thursday recovered by almost 6.8 percent after establishing its yearly low just yesterday.
All the top coins recorded decent bullish corrections, with Ethereum and Monero leading the charts with maximum gains. of 17 percent each. Dash, Cardano, IOTA, Tron, and Litecoin closely followed with a double-digit percentage rise in their respective values. Bitcoin, on the other hand, surged comparatively lower than its peers around 3 percent.

The upsurge has added $12.7 billion back to the cryptocurrency industry since its bottom formation around $186 billion. There are no fundamental factors behind the impressive upside correction not at the time of this writing. That clearly indicates that the price action could be a result of day traders attempting to make intraday profits.

That said, the market continues to stay inside a bearish bias until the top coins attempt to invalidate their respective giant descending triangles to the upside. Lets have a look at our top performers to understand it in depth:

The ETH/USD appreciated more than 23 percent from its intraday low near 167-fiat and is still counting the gains. The impressive price action, however, should not be confused with a return-of-the-bulls bugle. The pair has lost more than 80 percent already to the reports of ICO failures. Fundamentally, the ETH/USD is on an accurate downtrend that could attempt a substantial pullback only after the markets bad actors exit. The descending trendline technically represents the trend in the chart above that needs breaking up to confirm at least a medium-term bull bias.

That said, a fundamentally weak Ethereum will likely resume its downtrend until the descending trendline is broken to the upside.
https://www.ccn.com/ethereum-monero-lead-crypto-market-recovery-with-17-gains-each/

With the analysis and information you shared, it shows that buyers should always take advantage of dip market with no fear on top 50coins on CMC, there will always be correction on the market, so they will make profit.

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