Welcome To The Daily Analysis Of Top Cryptocurrencies. In the past weekend, like many others, there are changes. These changes in the cryptocurrency world result in many things. For instance, it changes the market cap. Bitcoin cash investors are happy and sad in equal measure. The same experience happens to other investors. Litecoin and Ripple to experience the same up and down.
What Is Different With This Daily Analysis Of Top Cryptocurrencies
In this write-up, we’re going to look at how these three perform. Our special attention breaks down to a few days ago. We will try to look at how these coins perform over the weekend. We start our analysis with the Bitcoin Cash. On Saturday, the altcoin rallies. It is at its high of $2, 884. Above all, this is up from Thursday’s $2, 800. The coin remains at the position through Sunday. But things change as the new week starts. The digital coin goes down to $2, 505.5 on Monday. Also, this is a 0.58 percent decline. The decline is coming at a wrong time. Experts say it is at a wrong time when the coin is trying to make it to $3, 000.
But they are optimistic that it will soon hit $3, 000. If it does, it will be the first attempt since December last year. You must understand that last week’s market debacle affects many. Most digital coins suffer. They are yet to recover from it. But, it is taking a little bit longer to be stable. Above all, this is making many digital coin investors cautious. Many of them are now hesitant to purchase more coins. The early part of Monday through Tuesday shows some positivity.
Do you think the weekend was good or bad for the Litecoin? Well, it is not exceptional. The heat that many digital coins suffer last weekend also has a toll on Litecoin. On Saturday, through the early hours of Sunday, the altcoin is at $268. Things take a strange twist as the weekend comes to a close. By Sunday evening, the coin drops. Anybody who wants to sell or buy it will use $240.06. What does this show? It is falling where it is on Sunday morning.
✓ Articles That May Interest You ·
Nothing much is really changing since then. At one point, the coin goes as low as $238.19. But it quickly gets up to where it was. Speculators are saying that it will hit $400 before the week ends. But this is a wait and see. No one can tell will all certainty. There are others who say that it may be hard. They say that the coin is failing to even hit $300 since the year starts. This makes it difficult to believe anything beyond $300.
Ripple Is On Its Way
Many people are praising the Ripple. With the recent surge in the market cap, investors think it is doing great. But it fails to impress over the weekend. There is a gain of 2.55 percent, which brings it to $1.8617. But there is a potential that the digital coin is making substantive moves. So, in spite of the ups and downs, we will see what happens. Whether it is the Bitcoin Cash, the Litecoin or the Ripple, keep your eyes open.