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Assessments / Blog


2017-12-31
Crypto News


BITCOIN

As at the time of this writing BTCUSD was trading at $12975 on the Coinbase exchange and made a substantial pullback from its recent highs. As mentioned on the 28th as long as the $11500 level holds, we believe it will find demand to at least the $17000 mark in the shorter/medium term. Our longer term projections come in at $21800 and $24000.

ALTCOINS

Verge (XVG) has done well from its recent pullback to 0.0000765 and made a recent high at 0.00001977 and is currently trading at 0.00001585 looking strong.

BitBay (BAY) looks like it can push higher again after a pullback from the high at 0.00001966. It is currently consolidating around the 0.00001250 level. We are looking at an opportunity to get on board. Our first target sits at 0.00001974 and our second target come in at 0.00002401.

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