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 | 71.6% | 59 | $103 090.04 | 7.54% | 7.84% | $2 040 210 476 450 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 73.2% | 57 | $3 836.90 | 4.67% | 6.55% | $462 123 587 518 | ||
3 | USDT | Tether predictions | 91.6% | 1 | $1.000611 | -0.01% | -0.02% | $135 773 947 858 | ||
4 | XRP | XRP predictions | 60% | 90 | $2.25 | -11.83% | 53.63% | $128 425 622 061 | ||
5 | SOL | Solana predictions | 70.8% | 62 | $233.16 | -1.99% | -2.99% | $110 833 879 897 | ||
6 | BNB | Binance Coin predictions | 85.2% | 25 | $714.72 | -5.07% | 9.56% | $102 925 874 853 | ||
7 | DOGE | Dogecoin predictions | 61.2% | 77 | $0.438799 | 5.41% | 6.97% | $64 533 538 083 | ||
8 | ADA | Cardano predictions | 58.4% | 87 | $1.18 | -2.83% | 17.06% | $41 330 413 929 | ||
9 | USDC | USD Coin predictions | 91.6% | 1 | $0.999875 | -0.01% | 0.01% | $40 710 275 845 | ||
10 | TRX | TRON predictions | 76% | 48 | $0.315468 | -19.00% | 57.65% | $27 219 987 446 | ||
11 | AVAX | Avalanche predictions | 61.6% | 86 | $50.93 | -2.17% | 17.89% | $20 846 497 893 | ||
12 | SHIB | SHIBA INU predictions | 73.2% | 51 | $0.000031 | 4.01% | 20.77% | $18 338 952 316 | ||
13 | TON | Toncoin predictions | 65.2% | 78 | $6.75 | -1.91% | 6.74% | $17 203 006 453 | ||
14 | DOT | Polkadot predictions | 54.8% | 91 | $10.25 | 2.52% | 24.55% | $15 631 722 248 | ||
15 | LINK | Chainlink predictions | 57.2% | 88 | $23.58 | -1.83% | 30.47% | $14 783 602 206 |
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