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Thread: Ether and Dash

  1. #61
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    Ether Still in Downtrend

    Ether continues the downtrend vs BTC. The altcoin traded as low as 0.054 BTC last Friday before recovering somewhat. We are currently quoted not far from the lows at 0.05556 BTC.



    New Yearly Low for Dash

    Dash hit a new 2018 low today at 0.02691 BTC. We are trading somewhat off the lows at 0.02857 BTC right now.



    Read more on FXOpen blog.

  2. The Following User Says Thank You to Anrakitori For This Useful Post:

    penaltev (08-10-2018)

  3. #62
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    Ether Crashes 24 Percent

    Ether crashed by 18 percent since our last update. Measured to the lows the decline was around 24 percent. The clearing of the 0.05 – 0.0524 BTC area acted as a catalyst to further losses. We are quoted at 0.04556 BTC right now, significantly below the 0.05542 BTC price recorded last week.



    Dash Drops by 23 Percent

    Similarly to Ether, DSH/BTC had large losses too. Measured from last week’s price at 0.02825 BTC the coin fell by 22.6 percent to hit a new 2018 low at 0.02186 BTC. We are currently quoted at 0.02423 BTC, a fall of ‘only’ 14 percent compared to last Thursday.



    Read more on FXOpen blog.
    Last edited by Anrakitori; 08-16-2018 at 01:55 PM.

  4. #63
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    Thank you for the info

  5. #64
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    Ether Hits New 2018 Lows

    On Wednesday ETH/BTC hit a new 2018 low at 0.02620 BTC. The represents a loss of 48% from the 0.05052 BTC price recorded only one month ago. In USD terms ETH hit a low of $167 dollars on September 12th before bouncing. We are currently quoted at 0.03138 BTC, around 20 percent off the lows.



    Dash Bucks Altcoin Downtrend

    Dash prices are bucking the general downtrend for altcoin prices. The DSH/BTC pair is now in a slight uptrend vs BTC, at least on the daily charts. The low here was hit on August 26th with 0.02079 BTC. We are trading at 0.02822 BTC right now, almost 36 percent higher.



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  6. #65
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    Ether Little Changed

    As noted above, ETH/BTC hasn’t moved much this week. The trend on the daily chart is still down but caution should be exercised. We’re already over two months into this downtrend and in the last 36 days the pair dropped by close to 50 percent before stabilizing somewhat. This makes the risk/reward ratio unattractive for shorts at these levels.



    Dash Still in Uptrend

    The tentative uptrend in DSH/BTC is still in play. Similarly to Ether, the coin didn’t make much waves this week thus no important levels were broken.



    Read more on FXOpen blog.

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    Ether on Life Support

    Ether prices dropped by over 10 percent yesterday to hit a low of 0.02946 BTC at one point but quickly bounced from here. A decisive breakdown below this level could re-start the downtrend in ETH/BTC. On the lower end we have weak support at the most recent swing low of 0.02620 BTC, followed by the December 2017 lows at 0.02287 BTC. The 0.02 round figure could also act as temporary support.



    Dash in Downtrend

    With the break below 0.025 BTC yesterday DSH/BTC moved back in a downtrend. We are currently quoted at 0.02427 BTC, 2.9 percent below this level.



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  8. #67
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    You guys had to sell all of your Ethers during the early this year.

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