Bitcoin
BTC$64 567.36

-0.38%

Ethereum
ETH$3 417.53

-0.97%

Tether
USDT$1.000110

-0.03%

Binance Coin
BNB$572.36

-0.70%

Solana
SOL$156.80

-2.13%

XRP
XRP$0.628046

7.62%

Cryptocurrency market rolls back again


February 2019

Cryptocurrency assets continued to rise in price at the end of the last trading week, but on Sunday the market collapsed and most currencies lost significantly in value. Bitcoin fell to the level of 3870, Ethereum dropped to $ 142, and the price of XRP fell to the support level of 0.3050 dollars.

As a result of the fall, the cryptocurrency market lost more than 11 billion capitalization in a matter of minutes. The collapse was not caused by a single factor; most likely, the previous recovery was premature. The fundamental factors associated with the adoption of cryptocurrencies by various regulatory organizations do not yet allow to form an uptrend.

Despite the sharp decline on Sunday, a number of cryptocurrencies could grow significantly in the week. EOS became the leader, it added almost 30% in price. Tron, the ninth in terms of total capitalization of cryptocurrency, rose in price by 7.4%, helped by the announcement on Sunday of the upcoming February 28 hard forks and protocol upgrade to version 3.5. According to the developers, the new version will include new multi-signatures for institutional users and account management, dynamic energy management according to real-time network performance, improved performance and resource utilization, and improved without virtual machine pass.

Earlier this week, the ability to store cryptocurrency Tron announced a custodial solutions provider company BitGo. One of the main requirements of institutional clients is account management and cryptocurrency storage solutions. Therefore, the ad BitGo has caused a strong positive reaction in the market.

In our forecast for Monday, we expect the cryptocurrency market to recover and expect Bitcoin to grow to resistance levels of 3900, 3950 and 4000 dollars, strengthen Ethereum to 142, 145 and 148, and increase XRP prices to levels of 0.3070, 0.3100 and 0.3125 dollars.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 77.6% 43 $64 567.36 -0.38% 12.55% $1 273 722 979 629 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72% 50 $3 417.53 -0.97% 10.31% $410 859 870 677 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $1.000110 -0.03% 0.02% $113 236 960 423 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 78% 43 $572.36 -0.70% 9.35% $84 470 480 429 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 81.6% 36 $156.80 -2.13% 11.26% $72 781 603 483 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 78% 43 $0.628046 7.62% 43.35% $35 048 347 743 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92% 1 $1.000063 0.01% 0.01% $33 802 025 670 USDC 7 days price change
8 Toncoin (TON) TON Toncoin predictions 86.4% 13 $7.16 -2.83% -1.25% $17 979 891 294 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 73.2% 55 $0.123284 -1.89% 14.54% $17 895 498 284 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 77.6% 36 $0.442834 0.57% 15.09% $15 892 288 247 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 77.6% 44 $0.134153 0.33% 2.31% $11 685 315 797 TRX 7 days price change
12 SHIBA INU (SHIB) SHIB SHIBA INU predictions 79.2% 37 $0.000019 -3.26% 15.07% $11 069 963 486 SHIB 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 75.2% 41 $27.86 -1.26% 7.00% $10 997 136 424 AVAX 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 94% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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