The price of cryptocurrency Chainlink (LINK) was unphased by the Coronavirus driven crypto and stock market meltdown last week as it continues to climb higher. Chainlink’s (LINK) 27.48% gain over the past four days shows that the altcoin continues to function as an outlier when compared against the recent performance of other cryptocurrencies. This strong…
Read more
Data shows that since 2018 tweets mentioning XRP have influenced trading volume and the correlation has become stronger in 2020. XRP gains from the month of February were erased over the past two weeks as the altcoin returned to its late January price at $0.23 today. The majority of the losses appear to be caused…
Read more
Tezos price is still in an uptrend but looks ready to pull back and consolidate after an amazing 199.52% rally. Over the past week, Bitcoin (BTC)and altcoins have taken a serious hit and currently, Bitcoin is still down 7.09% since topping out at $10,485 on Feb. 13. Many altcoins that bore the brunt of the…
Read more
Veteran trader Scott Melker revisits some recent Bitcoin trades, as well as an interesting trade on altcoin Ankr Network (ANKR). In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USD Setting up the trade Entries:…
Read more
In the third installment of the Bitcoin Price Diary, veteran trader Scott Melker revisits some recent successful trades including a sizable position on REN/BTC. In this third installment of my Bitcoin Price Diary, I’ll revisit some open positions which are still in play and review a sizable trade on REN. I also have a position…
Read more
