Bitcoin / US Dollar
The Bitcoin market sees continuous bullish action taking significantly above its 50-day moving average of $41,005 per coin, placing the Bitcoin market in a firm bullish grasp.
On the 24th of March, the bulls continued their rally from the previous day after flipping an initial bearish action indicated by the wick below the candle, which denotes the lowest Bitcoin trading price for the day at $42,627 per coin. The bullish dominance of the day resulted in a 2.59% growth in the Bitcoin market, bringing the asset's price to $44,012 per coin. The day's gains were met with bearish opposition, as indicated by the wick above the candle, placing the highest Bitcoin price at $44,241 per coin.
At the start of the 25th of March, the bulls are seen continuing their dominance over the Bitcoin market, resulting in a 0.23% rise in the Bitcoin price, translating to $44,117 per coin, with the highest and lowest trading prices seen standing at $44,390 and $43,873, respectively.
Indicators
On the 24th of March, the bullish action resulted in a rise of the RSI to 61.26, and with the continued bullish move on the 25th of March, we see a rise in the relative strength index to 65.35.
The histogram and MACD show bullish dominance of the momentum as they stand above the zero line, creating a positive outlook for the asset.
Buy and sell BTC on Remitano
Ethereum / US Dollar
As with the BItcoin market, we see the Ethereum market experience consecutive bullish action taking the market farther away from its 50-day moving average of $2,830 per coin, cementing the bull’s dominance over the market.
On the 24th of March, the bulls continued their previous momentum after flipping an initial bearish start to the market indicated by the wick below the candle, which denotes the lowest trading Ethereum price for the day at $3,003 per coin. With the successful bullish dominance of the market, the bulls influenced a 2.42% rise in the ETH price, bringing the price of each coin to $3,112. The chart also illustrates the bearish rejection of further bullish action, indicated by the wick above the candle, placing the highest trading price of ETH for the day at $3,130 per coin.
At the start of the 25th of March, the bulls are initiating a momentum, resulting in a 0.99% rise in the ETH price, translating to $3,143 per coin, while the highest and lowest trading prices that have been seen so far stand at $3,149 and $3,095, respectively. Nevertheless, with the market still hours from its close, we likely would see changes in these values.
Indicators
The relative strength index of the ETH market indicates the market remains within the bullish territory as the asset heads towards the oversold region, a market in strong control by the bulls as its value over the last two days stands above the 50 mark.
On the 24th of March, the bullish action resulted in a rise of the RSI to 64.32, and with the bullish start on the 25th of March, we see a rise in the relative strength index to 65.35.
The histogram and MACD are placed above the zero line, indicating bullish dominance of the market momentum.
Buy and sell ETH on Remitano
Ripple / US Dollar
The Ripple market remains above its 50-day moving average of $0.776 per coin, indicating the dominance of the bulls over the market.
On the 24th of March, the bulls flipped an initial bearish market as indicated by the wick below the candle, which places the lowest Ripple price for the day at $0.827 per coin. With the continued bullish dominance of the day, the XRP market rose by 0.60%, bringing the asset’s price to $0.842 per coin. The wick above the candle indicates a bearish attempt at reducing the gains for the day, placing the highest Ripple price for the day at $0.850 per coin.
At the start of the 25th of March, the bears are seen initiating a momentum after flipping a bullish start to the day, indicated by the wick above the candle, which also denotes the highest trading price of Ripple, so far at $0.845 per coin. With the bearish start to the day, we see a 0.02% drop in the Ripple market, bringing the price of each asset to $0.842 per coin. With the market still in its early hours, more volatility is expected in the day. Nevertheless, as of the writing of this piece, the lowest trading price point seen in the market stands at $0.837.
Indicators
On the 24th of March, the bullish action resulted in a rise of the RSI to 60.64. With the bearish action at the start of the 25th of March, we see a fall in the relative strength index to 60.58.
The bearish opposition of the bullish momentum reflects on the market as reduced bullish activity in the histogram.
However, the histogram and MACD are placed above the zero line, indicating a positive outlook for the asset.
Buy and sell XRP on Remitano
Litecoin / US Dollar
On the 24th of March, the bulls initiated a momentum after flipping an initial bearish move, indicated by the wick below the candle, denoting the lowest trading price of LTC for the day at $120 per coin. With the bullish dominance of the day, the LTC market is up by 3.27%, bringing the asset price to $126 per coin. The wick above the candle indicates a bearish attempt to minimize the day's gains, placing the highest LTC trading price at $127 per coin.
At the start of the 25th of March, the bears are seen initiating a response to previous bullish momentum while experiencing bullish opposition indicated by the wick below the candle, which also denotes the lowest trading price of Litecoin for the day at $125 per coin. The Litecoin market is down by 0.13%, translating to $126 per coin, with the bears being ahead. The wick above the candle denotes an initial bullish start to the market and the highest trading price of Litecoin seen so far at $127 per coin.
Indicators
As the relative strength index chart shows, the LTC market remains bullish as the value stands above the 50 mark.
On the 24th of March, the bullish action resulted in a rise of the RSI to 65.42, while the bearish start on the 25th of March has resulted in a fall of the RSI to 65.18.
The histogram and MACD portray a market in bullish grasp as they stand above the zero line, creating a positive outlook for the market.
Buy and Sell LTC on Remitano
Bitcoin Cash / US Dollar
On the 24th of March, the bulls initiated a momentum that saw the Bitcoin Cash market rise by 0.66%, bringing the asset’s price to $366 per coin. The wick above the candle indicates a bearish attempt at reducing the day’s gains, placing the highest BCH price for the day at $367, while the wick below the candle denotes the lowest Bitcoin cash price for the day at $351 per coin.
At the start of the 24th of March, we see the bears responding to the previous bullish momentum, resulting in a 0.93% drop of the market, placing the Bitcoin Cash price at $363 per coin. The wick above and below the candle denote the highest and lowest price points seen, corresponding to $371 and $360.
With the market yet to meet its close, we expect to see more volatility, subjecting the above figures to change.
With the significant price action seen over the last two days, the Bitcoin Cash market remains well above its 50-day moving average of $315, reflecting bullish market control.
Indicators
The bullish action on the 24th of March resulted in a rise of the relative strength index to 66.45, while on the 25th of March, we can see bearish action, resulting in a drop of the relative strength index to 64.94.
The histogram and MACD portray a market in bullish grasp as they stand above the zero line, creating a positive outlook for the market.
Buy and sell BCH on Remitano
Cardano / US Dollar
With consecutive bullish action over the last two days, we see the ADA market gain distance above the 50-day moving average of $0.954, indicating the dominance of the bulls.
On the 24th of March, the bulls continued their previous momentum, resulting in a 2.05% growth in the market, bringing the ADA price to $1.13 per coin (placing the ADA market back above the $1 mark). The wick above and below the candle denote ADA's highest and lowest price for the day at $1.19 and $1.08, respectively.
At the start of the 25th of March, the bulls are seen continuing their momentum from the previous day. With this move, the ADA market has risen by 1.75%, bringing the ADA price to $1.15 per coin. With the market still far from its close, the above value is likely to change. Nevertheless, as at the writing of this piece, the highest and lowest ADA prices stand at $1.66 and $1.10, respectively.
Indicators
The relative strength index of the ADA market indicates a market in strong control by the bulls and reveals the market is in an oversold market as its value over the last two days stands above the 70 mark.
On the 24th of March, the bullish action resulted in a rise of the RSI to 72.29, and with the bullish momentum on the 25th of March, we see a consecutive rise in the relative strength index to 73.40.
The histogram and MACD are placed above the zero line, indicating bullish dominance of the market momentum.
Swap to ADA
Dogecoin / US Dollar
With the bullish move on the 24th of March, the Dogecoin market has broken back above its 50-day moving average of $0.131 per coin.
On the 24th of March, the bulls continued their previous momentum, resulting in a 5.31% rise in the Dogecoin price, translating to $0.136 per coin. The highest and lowest Dogecoin trading prices for the day stood at $0.141 and $0.127, respectively.
At the start of the 25th of March, we see the bears responding to the bullish action of the previous day, resulting in a 0.58% drop in the Dogecoin price, bringing its price to $0.136 per coin, with the highest and lowest trading prices standing at $0.137 and $0.134, respectively. With the market well away from its close for the day, we expect more price action, subjecting the above values to change.
Indicators
With the dominant bullish action of the 24th of March, we see the relative strength index of Dogecoin rise to 62.96; however, with the bearish start to the 25th of March, we see the RSI fall to 61.92. With the RSI above 50, the bulls maintain their hold on the market.
Sustained bullish action over the last few days sees MACD and histogram stand well above the zero line, indicating bullish dominance and a positive outlook for the asset.
Swap to DOGE
Correlations
- Bitcoin / Ethereum = 0.87
- Bitcoin / Ripple = 0.74
- Bitcoin / Litecoin = 0.69
- Bitcoin / Bitcoin cash = 0.52
- Bitcoin / Cardano = 0.51
- Bitcoin / Dogecoin = 0.
Keynotes for today
- Bitcoin at $44,117 per coin.
- Ethereum at $3,143 per coin.
- Ripple at $0.842 per coin.
- Litecoin at $126 per coin.
- Bitcoin Cash at $363 per coin.
- Cardano at $1.151 per coin.
- Dogecoin at $0.136 per coin.
