With August 9, Segregated Witness has finally completely locked down today. For now the network has to be very certain that all transaction are being done clear and stable. There is approx a month left until the installment of SegWit.
Litecoin continues to look a bit soft, but as I pointed out yesterday, we are hovering a major support level in the form of $46.50. The market is at roughly the 50% Fibonacci retracement level as well, and I believe this bodes well for buying on the debt
Global financial markets are under pressure from the escalating tension between the United States and North Korea. This situation is a bullish catalyst for Ethereum because it increases demand for safe haven assets and may induce retail investors in South Korea to move capital out of Korean stocks and into cryptocurrency.
Yesterday, we saw a new monthly high near $313.62 in ETH price against the US Dollar. Later, the price started a downside move and traded below the $310 and $300 levels. There was even a break below the 23.6% Fib retracement level of the last wave from the $265.50 low to $313.62 high. The price declined towards $270 and traded as low as $277.41 where it found support.
Based in what Goldman Sach's technical analyst predicted about bitcoin price - Sheba Jafar: The price could continue to increase towards $3,915 with no stop.
Bitcoin price surge after the August 1 Hard fork and creation of Bitcoin Cash will not stop as in just a night from trading around $3.700 climbed its way to close $4.200 (more precise $4.208) as it all happened after reaching $3.000 for the first time.