In this video, I comment on the price action in and perform technical analysis on Bitcoin – BTC, Ethereum – ETH, Cardano – ADA, Ripple – XRP, and Monero – XMR for Tuesday April 17th 2018. Over the last 24 hours, the markets have been fairly sedate with a few outliers. Two of those are Verge – XVG, which has its BIG partnership announcement scheduled for today and Cardano, which is moving up on talk of a Huobi listing. The broader market, appears to be consolidating, digesting the recent gains. It remains to be seen whether or not we slide back down to retest the upper boundary of the downward sloping trend channel. Hopefully, we will not have to wait long to see what will transpire.
This video is for educational and entertainment purposes only. It should not be taken or relied upon as financial advice. I am not a financial advisor. All investments have risk and involve the potential for the loss of capital. Crypto-currency investments are especially volatile and are not suitable for all investors. Please never invest more than you can afford to lose.