Price Action And Relevant News For A Handful Of Coins In The Top 25 By Market Cap
Summary Of 24 Hour Price Action:
Yea, this pretty much sums it up.
Bitcoin
24 Hour Price Action:
- It's over 9000!
- Bitcoin managed to break through heavy resistance around $9500. If the price can remain there consistently, we may be able to confirm the breakout and expect the price to rise even further.
Some experts believe a slow and steady bull trend is occurring
Crypto Phil's Take:
It seems like we've confirmed a Bitcoin breakout and could potentially see the price return to the $10,000+ range. Lastly:
Good news everyone! We can reuse the memes from last time around!
Ethereum
24 Hour Price Action:
- Ethereum had a good day as well with prices rising to well over $900.
- If this market rally continues, we could potentially see Ethereum top $1000 again.
Ether is showing bullish signs
https://www.ethnews.com/analysis/02-14-2018-ethereum-price-forecast-ether-zooms-above-870
Crypto Phil's Take:
ETH is appears to be undergoing the same recovery that Bitcoin is experiencing. I think we're gonna see ETH hit $1000 and potentially over $1100 in the near future, provided BTC keeps rallying.
Ripple
24 Hour Price Action:
- Ripple gained 10% in the past 24 hours and is currently hovering around $1.15
- Analysts believe XRP could be over $1.50 again in the near future
Ripple's future is looking good thanks to more and more deals with financial companies being signed
Crypto Phil's Take:
Ripple has a long way to recover but I think it's fundamentals are still good and it's been signing deals with financial companies left and right. Even at a little over a $1, I think this coin is a steal.
Litecoin
24 Hour Price Action:
- Litecoin was yesterdays winner and it is a again today. Litecoin's price is up another 27%.
- Analysts believe that we'll continue to see LTC rise in the short term as well as long term.
Litepay Could Be A Game Changer For Litecoin
https://bravenewcoin.com/news/litecoin-price-analysis-sails-strong-but-an-ill-wind-blows/
Crypto Phil's Take:
The combination of Litecoin being way oversold, BTC rising, the announcement of LitePay, and finally the announcement of a new hard fork of Litecoin called Litecoin Cash, seems like a very good reason to expect the price to continue to rise in the near future.
NANO
24 Hour Price Action:
- NANO dipped slightly to $9
- Continued FUD continues to shake NANO
Crypto Phil's Take:
There hasn't been a lot of updates regarding the BitGrail hack with NANO. But it continues to be a thorn in NANO's side and will probably continue to be for awhile unfortunately. For those that actually believe in the underlying technology, now is probably a great time to grow your position.
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Please remember this all just my personal opinion and not financial or investment advice. Do your own research before spending any money or making any decisions.