Bitcoin
BTC$47 723.03

-1.33%

Ethereum
ETH$3 521.28

-3.14%

Cardano
ADA$2.40

-3.25%

Binance Coin
BNB$417.11

-3.07%

Tether
USDT$1.000377

-0.01%

XRP
XRP$1.086253

-3.33%

A slight pullback on cryptomarket


#Bitcoin

At the end of Wednesday trading in the virtual currency market there was again a slight pullback. Bitcoin fell to around 3,670 dollars, the cost of Ethereum dropped to 125 dollars, and the price of XPR was 0.3045.

QuadrigaCX, the problematic Canadian crypto-exchange, which owed users about $ 190 million, lost another $ 370,000 last week, mistakenly putting more than 100 Bitcoins into a cold wallet without access. This heightened the market’s concerns about the security of cryptocurrency transactions, which was the main reason for yesterday’s recession.

At the beginning of the day, the market was able to grow a little against the background of the announcement of the investment in cryptocurrency of two large pension funds from the United States, which acquired digital assets worth $ 40 million. At the same time, trading volumes on the crypto market are not high, in recent days the figures have fallen to the level of 2017, and the total market capitalization amounted to 121.9 billion dollars.

In March 2019, a number of companies will start launching custodian solutions for virtual currencies, which can intensify the activities of institutional investors. Large traders are likely to enter the market gradually, with their usual care. However, transaction volumes may be sufficient for the growth of Bitcoin and other cryptocurrencies. Against the background of positive dynamics, the influx of traders will increase, and the recovery of the market will go faster.

In our forecast for Thursday we assume a moderate increase in cryptocurrency. We expect Bitcoin to rise to resistance levels of 3690, 3720 and 3750 dollars. Ethereum can grow to 127, 129 and 132 dollars. The price of XPR is able to meet resistance at the levels of 0.3065, 0.3090 and 0.3130 dollars.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 83.6% 24 $47 723.03 -1.33% 3.38% $898 055 562 067 $30 761 279 414
2 Ethereum (ETH) ETH Ethereum predictions 71.6% 52 $3 521.28 -3.14% 3.50% $413 952 033 409 $18 480 035 542
3 Cardano (ADA) ADA Cardano predictions 66% 64 $2.40 -3.25% -2.88% $76 946 080 219 $3 112 508 822
4 Binance Coin (BNB) BNB Binance Coin predictions 68.4% 70 $417.11 -3.07% -0.09% $70 130 954 148 $1 638 029 774
5 Tether (USDT) USDT Tether predictions 96% 1 $1.000377 -0.01% 0.02% $68 279 713 834 $73 954 976 481
6 XRP (XRP) XRP XRP predictions 71.2% 56 $1.086253 -3.33% -1.06% $50 643 533 660 $3 001 040 279
7 Solana (SOL) SOL Solana predictions 57.2% 89 $143.70 -10.74% -21.20% $42 654 669 447 $3 242 950 075
8 Polkadot (DOT) DOT Polkadot predictions 63.2% 83 $35.70 -0.59% 16.20% $35 258 180 901 $2 310 522 620
9 Dogecoin (DOGE) DOGE Dogecoin predictions 66.4% 65 $0.251301 2.00% 0.36% $32 998 444 911 $1 925 256 557
10 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000175 0.01% 0.01% $29 230 189 040 $2 836 756 306
11 UniSwap (UNI) UNI UniSwap predictions 68.8% 56 $25.55 -5.24% 10.03% $15 627 896 736 $594 596 032
12 Terra (LUNA) LUNA Terra predictions 68% 67 $35.48 -3.65% 11.96% $14 258 535 854 $1 566 161 846
13 Avalanche (AVAX) AVAX Avalanche predictions 69.2% 69 $62.58 3.98% 48.31% $13 786 359 755 $2 556 442 829
14 Chainlink (LINK) LINK Chainlink predictions 74% 56 $29.45 -6.47% 4.87% $13 312 231 211 $1 530 222 321
15 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.000178 -0.01% 0.01% $12 747 103 808 $6 318 386 121

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