The volatility of cryptocurrency assets on Monday was significantly lower than on previous days. The Bitcoin price practically did not change and was trading around the level of 3840 dollars. Ethereum dropped slightly to $ 138, while XRP, by contrast, added almost 6% and reached $ 0.3250.
Amid a sharp decline in the Bitcoin price, the amount of short positions on the Bitfinex exchange in the BTC / USD pair dropped to March lows. Simultaneously, long positions still prevail over short ones. During the previous week, the price of Bitcoin overcame an important resistance level of $ 4,000, but failed to gain a foothold above this mark.
American cryptocurrency exchange Coinbase has listed XRP to the list of traded currencies. The token will be traded in crosses with bitcoin, dollar and euro. Bidding against USDC, as this, for example, was the case with Zcash, was not declared. Rumors of a possible support for XRP on Coinbase have been rolling on for a longwhile, and recent news has affected positively the price of digital currency, giving it an increase of more than 8%.
A hardfork blockchain platform for the Tron cryptocurrency platform is planned to be held on February 28, which will add new features for institutional clients, such as multi-signature capabilities and account management functionality. At the moment, the Tron token is in ninth place among all cryptocurrencies with a total capitalization of 1.62 billion dollars.
In our forecast for today, we assume a slight increase in Bitcoin to resistance levels of 3870, 3900 and 3950 dollars, strengthening of Ethereum to 140, 142, 145 dollars and an increase in XRP to levels of 0.3250, 0.3300 and 0.3350 dollars.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 77.2% | 42 | $70 455.85 | 1.76% | 6.76% | $1 385 665 307 255 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 72.8% | 50 | $3 562.07 | 2.03% | 1.08% | $427 700 865 961 | ||
3 | USDT | Tether predictions | 94.4% | 1 | $1.000105 | 0.08% | 0.01% | $104 515 334 680 | ||
4 | BNB | Binance Coin predictions | 62.4% | 81 | $589.01 | 1.54% | 2.12% | $88 078 089 937 | ||
5 | SOL | Solana predictions | 58% | 88 | $188.21 | 3.33% | 5.08% | $83 643 126 024 | ||
6 | XRP | XRP predictions | 84.8% | 28 | $0.621244 | 2.01% | -2.32% | $34 096 527 986 | ||
7 | USDC | USD Coin predictions | 94.4% | 2 | $0.999986 | 0% | -0.01% | $32 469 112 533 | ||
8 | DOGE | Dogecoin predictions | 66.4% | 66 | $0.218281 | 12.39% | 38.50% | $31 358 343 724 | ||
9 | ADA | Cardano predictions | 69.2% | 66 | $0.646593 | 1.03% | 1.95% | $23 007 722 284 | ||
10 | AVAX | Avalanche predictions | 60.4% | 87 | $54.16 | 0.95% | -1.94% | $20 439 062 130 | ||
11 | SHIB | SHIBA INU predictions | 58% | 94 | $0.000031 | 3.49% | 14.05% | $18 366 720 757 | ||
12 | TON | Toncoin predictions | 59.6% | 87 | $4.85 | 0.31% | 13.46% | $16 848 213 596 | ||
13 | DOT | Polkadot predictions | 73.2% | 49 | $9.42 | 0.68% | 1.94% | $13 446 358 614 | ||
14 | BCH | Bitcoin Cash predictions | 71.2% | 60 | $579.87 | 9.27% | 39.47% | $11 413 105 180 | ||
15 | LINK | Chainlink predictions | 79.6% | 42 | $18.99 | -0.88% | 3.01% | $11 148 133 159 |
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