Bitcoin
BTC$49 161.99

-7.54%

Ethereum
ETH$4 118.25

-1.26%

Binance Coin
BNB$562.05

-4.26%

Tether
USDT$1.001894

0.11%

Solana
SOL$194.24

-5.56%

Cardano
ADA$1.39

-9.32%

Slight downward trend on cryptomarket


February 2019

Yesterday, a slight downward trend was observed in the virtual currency market, however, the value of the main cryptocurrencies remained unchanged. The price of Bitcoin remained near the level of 3670 dollars. Ethereum traded at around $ 124, and the price of XPR reached $ 0.3040.

The cryptocurrency market was relatively stable amid a series of positive news. American financial company Reality Shares announced its intention to launch Bitcoin-ETF, which would have a higher chance of approval from the US Securities and Exchange Commission than many similar applications. As planned by the company, the amount of money stored in cryptocurrencies within the framework of the fund should have been 15%, and the remaining funds would be stored in fiat currencies. However, the subsequent withdrawal of the application on the recommendation of the Commission put pressure on the market, reducing the confidence of traders in the launch of Bitcoin-ETF in the current year.

In addition, the US stock exchange Nasdaq from February 25 will add to its trading platform indices that track the prices of Bitcoin and Ethereum. Additional support for XRP was provided by the news about the launch of the Western Union payment system with Ripple. Barclays and Ripple also invested $ 1.7 million in remittance launches using XRP.

Despite a number of positive news, cryptocurrencies are likely to continue their decline in the short term. Bitcoin can drop to support levels of 3650, 3620 and 3600 dollars. Support levels for Ethereum are located at 120, 118 and 115 dollars. The price of XPR will drop to the levels of 0.3020, 0.3000 and $ 0.2960.


Related

The Best Composition For Your Cryptocurrency Portfolio in 2021
The Best Composition For Your Cryptocurrency Portfolio in 2021
The Bitcoin Experiment in El Salvador: a Modest Success or a Fluke?
The Bitcoin Experiment in El Salvador: a Modest Success or a Fluke?
The Best Cryptocurrency Trading Bots in 2021
The Best Cryptocurrency Trading Bots in 2021
The Reasons Why 90% of Crypto Traders Lose Money
The Reasons Why 90% of Crypto Traders Lose Money
The Biggest Ponzi Schemes in the History of Crypto
The Biggest Ponzi Schemes in the History of Crypto
Crypto Volatility Index (CVIX): An Essential Risk Management Tool in Crypto Trading
Crypto Volatility Index (CVIX): An Essential Risk Management Tool in Crypto Trading
The Reasons Behind the Current Popularity of Play-to-Earn Games
The Reasons Behind the Current Popularity of Play-to-Earn Games
Bitcoin Blasts Off But the Shadow of Evergrande is Still Looming Over the Crypto Market
Bitcoin Blasts Off But the Shadow of Evergrande is Still Looming Over the Crypto Market
Top Cryptocurrency Exchanges to Trade on in 2021
Top Cryptocurrency Exchanges to Trade on in 2021

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 71.6% 50 $49 161.99 -7.54% -9.53% $928 742 493 274 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 81.2% 36 $4 118.25 -1.26% 1.66% $488 463 723 885 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 80.8% 32 $562.05 -4.26% -3.43% $93 750 994 329 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 94.4% 1 $1.001894 0.11% 0.15% $75 254 604 021 USDT 7 days price change
5 Solana (SOL) SOL Solana predictions 71.6% 62 $194.24 -5.56% 4.14% $59 368 624 845 SOL 7 days price change
6 Cardano (ADA) ADA Cardano predictions 67.2% 72 $1.39 -9.32% -7.63% $46 190 331 305 ADA 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 91.2% 2 $0.999949 -0.06% 0% $40 047 875 279 USDC 7 days price change
8 XRP (XRP) XRP XRP predictions 68% 66 $0.828762 -9.19% -9.91% $39 156 782 219 XRP 7 days price change
9 Polkadot (DOT) DOT Polkadot predictions 63.2% 76 $28.61 -13.10% -13.97% $28 252 789 702 DOT 7 days price change
10 Terra (LUNA) LUNA Terra predictions 68% 62 $72.37 19.28% 68.00% $28 042 448 304 LUNA 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 67.2% 73 $0.174742 -11.62% -13.40% $23 133 381 550 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 63.2% 75 $90.73 -12.20% -15.06% $22 021 633 944 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 65.2% 76 $0.000036 -9.81% -4.05% $19 737 758 472 SHIB 7 days price change
14 Crypto.com Chain (CRO) CRO Crypto.com Chain predictions 59.2% 86 $0.596873 -3.33% -17.58% $15 078 810 547 CRO 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $1.000707 0.05% 0.10% $13 610 041 795 BUSD 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.