Total market capitalization is steadily recovering from may 29 and as of 9 a.m. Moscow time on 30 may has already increased by 7%. Over the last 7 trading days of losses among major cryptocurrency are declining. TRON still is sinking more than the rest -13%, Ethereum, Bitcoin Cash, Bitcoin, Cardano, Litecoin, Stellar, Ripple in the red from 10% to 2%. But IOTA and EOS is already out in plus from 0.5% to 3.5%.
Since the beginning of the trading day the whole dozen is a strong plus! Bitcoin potentially can to lead the portfolio of buyers in the first half of the day, as among all scored so far, only 5.4 per cent. The biggest plus is already in IOTA +16.4 per cent. All the rest are in plus from 8% to 14%.
* data as of 9:00 MSK
Support for $7000 and spend. Yesterday, may 29, has held you up from it. The trend since may 21 broken up. Goal of $7590 is not yet implemented. Today work purchase if the price will go above $7500. The aim will lie to the range of $7760-7800. If the resistance of $7500 will stand allowed re-test of support of $7160.
The end up, technically, yesterday. But a clear reversal yet. Discussed yesterday, that we will start more confident to buy the asset at the break-up of $570. Price goes above the level, but can not gain a foothold yet, which are kept out of the market at the moment. Do not rule out that the quotes can go on a re-test of $500. Sale valid as long as trading below $570-$580.
Controversial technical provision of the asset does not allows you to make a decision about purchases at current prices. If the level of risk with the probability of falling below $11,000 (to $10,400, for example) for You is acceptable – try to increase the EOS already in your portfolio.
I note that on 28 may, the media received the following message: “…critical vulnerability in blockchain EOS may allow an attacker to remotely execute arbitrary code on the network nodes and to establish control over them…”. This factor, while that may be restraining the growth of the EOS.
Again, the focus level of $260. Now as resistance. Work on it in the coming days. Will be a rebound down can be relevant to $160. If buying, only after the break-up of $260.
The purchase will begin to open after the break-up of $170.
Maria Salnikova, an independent currency strategist, especially for CoinSpot
My channel for traders with trading signals in real time: http://clc.la/mariacoinspot
The review reflects the subjective position of the analyst Coinspot subject to personal trading style. Trading operations with cryptocurrency are increased risks due to the nature of the market. The editorial Board does not bear ответствbенности for your trading decisions and recommends trading only to those funds, the loss of which will not be critical.