Cryptocurrency Chart News (November 08th, 2019)

Hi, we think you want to know the news on the cryptocurrency chart. Therefore, we are starting to publish daily cryptocurrency market reviews.

Today, as our analyst says, the BTC weekly chart shows converging 50-day and 100-day moving averages. This is a good sign. For the first time in six months, a bullish “golden cross” may form. This means that the price of bitcoin may begin to rise.

What follows from this? Today, the growth of Bitcoin is not as impulsive and chaotic as before. The coin has become more stable and less volatile. This is noted by many traders. However, in the short term, we still see a fall in prices.

The cost of BTC is in the range of 100-day and 200-day moving averages ($ 9573- $ 9183). The next spurt in one direction or another will become decisive for the market in the near future. Many coins are falling today. This upsets traders.

✅ Bitcoin $9077.07 (-1.73%)
✅ Ethereum
✅ XRP $0.281615 (-2.63%)
✅ Bitcoin Cash $288.96 (-0.85%)
✅ Tether
✅ Litecoin
✅ Stellar

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