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Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

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Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

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The cryptocurrency markets continued last week's comeback and gained $14 billion in market cap. Last week, we saw many cryptocurrencies below the Ichimoku cloud and between major support and resistance levels. Let's see where the top cryptocurrencies are at this week using technical analysis.

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.

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