The crypto currency market is recovering - Ester Holdings
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The crypto currency market is recovering

Most of the world’s major crypto-currencies demonstrate positive dynamics in the course of trading on Tuesday. The recovery of prices for digital currencies is caused by the partial profit-taking on short positions, after a decline throughout the previous week. The fears of toughening the trade in crypto currency, as well as a decrease in their popularity, continue to exert pressure on the market.

Technical analysis: Despite today’s growth, Bitcoin’s price keeps moving in a downtrend in the short term. If the growth continues and the price is fixed above $ 7,500.00, it may be further recovered to $ 8,000.00, $ 8,250.00. In the event of a resumption of the decline, which is more likely, and fixing the price below the level of 7,000.00, the further reduction of it to the levels of $ 6,250.00, $ 5,800.00 is possible.

Fig. BTC/USD. The current price is $ 7,252,470.

Alexander Sivtsov

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