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Cryptocurrencies: Is this a dead cat bounce?



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In this week's market alert Signal Centre's Steve O'Hare analyses Cryptocurrencies and asks, is this a dead cat bounce?

He explores the technical analysis behind cryptocurrencies, Bitcoin, Ethereum and Ripple XRP and showcases the resistance levels, price corrections, weekly, daily, 4-hr and hourly charts.

He then turns to news sentiment analysis using the Acuity Trading platform:
Bitcoin, shows new sentiment picking up and almost into positive territory.
Ethereal could see price moves into the positive and XRP Ripple shows a two-way action highlighting indecision.
Category
Cryptocurrencies
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