Quote analysis | Or the original formula, or familiar taste, cottage drainage, mainstream siphon

Regarding the current round of soaring, or the original formula is still familiar with the taste, the starting point of this round of skyrocketing is released in the new financing method released by the currency security, and then BNB appears to rise wildly, triggering the platform currency to follow suit, making money and profit diffusion, platform The collective tug of coins, the mainstream currency leader BTC is not to be outdone, and it has risen, driving a wave of rapid rise in mainstream varieties. However, because the market value of mainstream currencies is too large and requires more funds, the rate of increase is obviously higher than that of platform coins. Weak, in the case of insufficient funds, there is a sideways volatility, the altcoin currency begins to perform, the money-making effect rises sharply, attracts new funds to enter the market, and promotes the further rise of the mainstream currency. This cycle, until no new funds come into play, so we Understand that the current upswing of the altcoin currency is similar to that of 17 years, or the same way, the same result will appear, the funds entering the altcoin will eventually be sucked away by the mainstream currency, used to promote the rise of the mainstream currency, even to the end. There will be a siphon effect, only the biggest market value is rising, which means the market is over. In addition, we still recommend not to touch the cottage, there are too many types of altcoins, not good layout, not easy to shoot, it is better to be honest in the mainstream varieties, morning and evening will be your turn. BTC BTC successfully broke the upper pressure line of the flag-shaped finishing today. The current price is around 5222 US dollars. Observe whether this wave of pull-up can break through the previous high point of 5,277 US dollars. If it breaks through this point, it will open a new round. The upward trend, mentioned in the past two days, the skyrocketing of the altcoin has brought a lot of incremental funds to the mainstream varieties, to see if the big cake can successfully attract the attention of new funds, if it can not break through the high point of 5,277 dollars. It is possible to step back on the position of the upper rail of the flag-shaped finishing. If you do not enter the market, you can enter the market at this position and continue to bullish to $5,900. If you break the position of the upper rail, you should lighten the position and break the track. field.

Source of data: qkl123

The trend of ETH in this round of ETH is obviously stronger than that of BTC. It may be that the skyrocketing of the altcoin has caused people to have unlimited imaginations about the target. Yesterday evening, the target has already broken through the important pressure of 166 dollars, and it has also broken through the flag. The upper rail, basically in line with expectations, the next target is around $230, the space is still acceptable, and once again fell below $166 to leave.

Source of data: qkl123

XRP Tata Consultancy Services (TCS) said it now works with RippleNet on its Quartz blockchain solution. The Quartz cross-border remittance solution enables banks/payment systems to connect to DLT-based payment infrastructure (such as RippleNet) to handle cross-border foreign exchange transactions. The company did not specify which Ripple cross-border software solution suite the Quartz platform is connected to, nor does it say whether it supports Ripple's XRP-driven xRapid. However, R3's Corda Settler remittance platform does support XRP, which means XRP integration is relatively easy for Quartz. XRP has not broken through the important pressure of 0.38 US dollars. Compared with the previous two, the target's trend is weak, and may be post-production. Currently, the support level of the target is around 0.348 US dollars. At any time, it is possible to take off. The next target is around $0.43, and it is defensive. It falls below $0.348 to lighten up and breaks below $0.3 to stay on the sidelines.

Source of data: qkl123

BCH BCH returned to the position of the fourth, has now exceeded the pressure of 310 US dollars, the next target is around $ 410, good defense, there is a small support below the $ 270, if the point is lost Will go back to step 226 dollars, reach the point to pay attention to low suction.

Source of data: qkl123

LTC LTC finally stood at 90 dollars, but the trend is not too strong, the volume has not been amplified, may oscillate upwards, pay attention to the pressure around the top 100 dollars, the price of the currency fell below the 5 antenna support to choose to lighten up, the support below Near $75, a break below 5 antennas may return to the support of $75, effectively falling below $75 to wait and see.

Source of data: qkl123

EOS EOS maintains yesterday's point of view, oscillating upwards, the pressure on the left side is large, the rhythm is not too fast, the pressure above is around 5.8 US dollars, the support is at 5 US dollars, and it is about to approach the pressure of 5.8 US dollars. The amount is too small, we expect to be in the range of $ 5-5.8 after a period of shock in the direction of choice, 5 antennas have reached around 5 dollars, pay attention to the gains and losses of 5 antennas, below 5 dollars need to lighten up, may step back 4.4 An important support for the dollar.

Source of data: qkl123

TRX Sun Yuchen revealed that this year will formally establish a cooperative relationship with Ethereum. In addition, he also pointed out that in the second quarter, Zcash technology-based "new network with privacy options" will be launched. XRP and TRX basically have news every few days. The linkage between them is still possible. The neckline at the bottom of the head and shoulders has broken through. The macd indicator has reached a strong area above the zero axis, and the moving average system is diverging upwards. Effectively zoom in, you can actively do more, set a stop loss, effectively break below 0.022 US dollars to leave.

Source of data: qkl123

HT's recent platform currency trend is not strong, but the BTC's rise in these targets did not appear heavy volume decline, indicating that new funds are entering the market, paying attention to whether the platform coins are heads or shocks. HT follows the market volatility. At present, it has fallen below 5 antennas. The 5 antennas are turning downwards to form pressure. The macd indicator is again diverging downwards. The trend is downward. The market is weak and the warehouse is weakened. If the price falls below 2.4 US dollars, pay attention to the exit. The downtrend, in addition to the second target (in mid-April) listing performance of the hot currency preferred channel.

Source of data: qkl123

The author's point of view is only used for learning communication, not as an investment recommendation, and does not constitute an investment basis!

(Author: talk on gold coins)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

A Hilarious Hack: HTX Loses $13.6 Million, But the Jokes Are On the Hackers

Exciting new information has come to light regarding the HTX hacker, who managed to swindle $13 million from hot wall...

Market

Binance Exchange: Playing Nice with Regulators and Clearing the Air

Fashion-forward Binance announces major strides in regulatory partnerships.

Market

Bitcoin: Holding Strong Amidst Turmoil and Market Manipulation

Despite numerous worrying events in the cryptocurrency world, Bitcoin has proven to be resilient and robust, as indic...

Market

SEC Approves Spot Bitcoin ETFs: A Monumental Shift in the Regulatory Landscape 🚀

After 11 years of rejections, the United States Securities and Exchange Commission (SEC) has finally approved 11 spot...

Market

eToro: Diving into the Deep Crypto Seas of UAE

eToro, the social trading platform, has obtained the necessary license to offer its services in the United Arab Emira...

Market

Binance Welcomes BLUR Token with Open Arms and a Seed Tag

Fashionista, you'll be excited to hear that Binance has recently declared their support for BLUR token! This means th...