Technical Analysis June 18: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

This article was published 8 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Technical Analysis June 18: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

Photo by Sonaal Bangera on Unsplash

Make preferred on Google logo

The cryptocurrency bear market continues as the market has fallen $23 billion in the past seven days. This week, using technical analysis, we will try to figure out if the downward trend is continuing or fading.

Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.

For this article, we will be using a handful of terminology that non-technical traders may not be familiar with. These terms are at the end of this article under “Glossary.” If you would like to read those terms now, click here.