13 Jun 2018

Bitcoin Diamond drops to $2.46

Is this a cause for alarm or is it only in the doldrums?

Bitcoin Diamond is the robot’s crypto pick of the day.
Although it has been in correction during the last week, dropping to $2.46,
there is no cause for alarm, in fact RoboAdvisorCoin suggests also this crypto with a short-term upside probability of 54%
It can gain double digits in the short term up to 72% and according to our forecasts, Bitcoin Diamond’s target price is now $3.42.
Binance Coin is an interesting buy

RoboAdvisorCoin is also long on Binance Coin. Though the crypto’s performance was not at its top during the last 7 days (round about -9.04%) and is still an interesting buy according to our artificial intelligence.
The crypto’s current market cap is around USD 1.71 Bln, but according to our robot it can gain up to 35% within the next weeks, thanks to a short-term upside probability of 57%.
In fact, according to our forecasts, Binance Coin’s target price is now $17.99.

Who is bearish, who is bullish? Let’s ask the Robot
Here’s the robot’s forecast for the large cryptocurrencies:

  • Bitcoin: bullish
  • Ethereum: bullish
  • Ripple: bearish
  • Bitcoin Cash: bullish
Over the weekly reporting time-frame, Bitcoin closed at approximately $6531, which means -14.33% compared to last week’s close of $7467, according to coinmarketcap data.

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