Fundstrat Global Advisors analyst Robert Sluymer published a technical analysis of the state of the crypto bank, which gave him the opportunity to conclude that most cryptocurrencies are ready for new growth. And if in May he advised investors to remain calm, then at the current moment, in his opinion, the situation allows us to recommend investing in cryptoactive assets.
The movement of the relative strength index from the neutral began to move into an uptrend, he wrote, while indicating that Bitcoin will have another rally in the direction of $ 8,800- $ 9,000 per unit. At the same time, Fundstrat notes the “impressive” strengthening of Litecoin's position, which overcame the resistance level of $ 121 and is approaching $ 145 per unit.
Recall that at the beginning of the year, researchers at Fundstrat Global Advisors made a forecast for cryptocurrency for 2019, asserting that a number of changes occurring in the market would support the price increase for cryptoactive assets.
Publication date 15.06.2019
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