Bitcoin
BTC$61 393.62

1.16%

Ethereum
ETH$4 171.66

5.07%

Binance Coin
BNB$485.63

1.44%

Cardano
ADA$2.17

0.55%

Tether
USDT$1.000858

0.10%

Solana
SOL$197.70

0.65%

Slight upward trend on cryptomarket


At the end of the week, there was a slight upward trend in the virtual currency market. Bitcoin has reached $ 3,680. The rate of Ethereum rose to $ 128, and XPR reached $ 0.3030.

The market of digital currencies strengthened against the possible launch of JP Morgan's own cryptocurrency. One of the largest US banks intends to test JPM Coin in the nearest future, a virtual currency elaborated for quick payments with the usage of blockchain technology. Tokens will be designed for cash flow between enterprises, and therefore only institutional investors can use them.

In addition, on Friday, the US Securities and Exchange Commission began reviewing the application of the NYSE Arca and Bitwise Asset Management for changing the rules for listing Bitcoin-ETF. The new exchange-traded investment fund involves the participation of a qualified independent custodian Bitcoin. The market is waiting for the launch of this tool with impatience, as it opens up new opportunities for institutional investors, which will lead to an influx of funds into the industry.

Among other positive news, it is worth noting the system-wide update conducted by Ripple, as well as the adoption of legislation loyal to virtual currencies in Luxembourg. However, traders were frightened by the discovery of a critical vulnerability on the Coinbase exchange, together with the burglary of the Coinmama bitcoin exchanger, followed by a leak of users' personal data. Any security problems increase anxiety in the market, limiting the possibilities of its recovery.

In our forecast for Monday, we assume a slight rollback of the main cryptocurrency. Bitcoin is able to go down to support levels of 3660, 3630 and 3600 dollars. Ethereum can test support 125, 123 and 120 dollars. The price of XPR may drop to the levels of 0.3010, 0.2980 and 0.2950 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 64.8% 74 $61 393.62 1.16% 0.83% $1 157 410 091 263 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72.4% 59 $4 171.66 5.07% 8.92% $492 462 196 227 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 70.8% 62 $485.63 1.44% 4.21% $81 003 906 943 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 87.2% 13 $2.17 0.55% -0.57% $71 272 162 809 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000858 0.10% 0.08% $69 633 809 415 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 73.2% 57 $197.70 0.65% 25.50% $59 473 993 983 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 74% 49 $1.094497 0.56% -3.58% $51 382 650 889 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 64.4% 81 $44.05 1.38% 5.54% $43 502 840 639 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 69.2% 56 $0.251733 3.08% 6.09% $33 181 970 119 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $1.001199 0.09% 0.12% $32 582 792 876 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 68.8% 64 $43.19 -0.98% 18.00% $17 337 793 703 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 80.4% 41 $26.81 4.59% -0.80% $16 400 871 282 UNI 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 74.4% 44 $31.43 9.66% 15.36% $14 490 192 645 LINK 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 68.8% 60 $65.44 -0.09% 13.84% $14 415 133 233 AVAX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 65.6% 75 $61 406.63 1.11% 0.83% $13 619 540 827 WBTC 7 days price change

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