Bitcoin
BTC$60 907.24

2.74%

Ethereum
ETH$3 249.66

1.95%

Tether
USDT$1.000483

0.01%

Binance Coin
BNB$545.47

2.44%

Solana
SOL$147.48

3.98%

USD Coin
USDC$1.000054

-0.01%

Slight upward trend on cryptomarket


February 2019

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 72.4% 48 $60 907.24 2.74% 7.95% $1 201 110 545 769 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74% 47 $3 249.66 1.95% 10.59% $390 660 724 581 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000483 0.01% 0.06% $112 521 291 389 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 78.4% 45 $545.47 2.44% 10.66% $80 502 405 442 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 83.6% 28 $147.48 3.98% 10.54% $68 439 891 003 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000054 -0.01% 0.01% $33 955 441 106 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 81.2% 29 $0.529085 0.59% 25.61% $29 525 795 272 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 85.2% 21 $7.39 1.21% 3.73% $18 514 454 508 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 73.6% 54 $0.115147 2.08% 10.19% $16 709 822 671 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 78.8% 36 $0.433919 -1.12% 24.20% $15 569 472 122 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 80.8% 37 $0.137615 -1.83% 10.19% $11 989 577 434 TRX 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 76% 44 $26.45 1.86% 2.73% $10 436 162 041 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 81.2% 35 $0.000018 1.88% 12.93% $10 321 337 154 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 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 92% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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