Vea también
Despite all efforts, the bitcoin rate for the fifth time cannot overcome the $20,000 mark. After another attempt, the rate fell to $19,000 but recovered a little later. Bitcoin is currently trading at around $19,400.
Analysts identify three main reasons for that. Firstly, there is a strong resistance that the cryptocurrency cannot overcome in any way. Secondly, traders sell coins. When the price approaches $20,000, most of the traders start to open short positions, thereby putting pressure on the BTC rate. In other words, the number of sellers exceeds the number of buyers. Finally, large investors who are transferring BTC holdings to exchanges are likely to sell.
Nevertheless, many market participants are confident that the price of bitcoin will rise in the future. According to experts, the first cryptocurrency has the potential to grow to $23,500. They also advise buying the cryptocurrency while it costs less than $20,000.
In addition, experts named 4 more coins that may show strong growth in the near future.
Ethereum also has a good chance of a strong rise. Its price may rise to $800, experts say. Interestingly, Ethereum, just like bitcoin, tried several times to overcome the $622-635 resistance, but could not pass it. However, there is a possibility that Ethereum will drop to $488. To prevent this from happening, the price of the coin must be above $560.
NEM, which costs $0.236, may rise to $0.356. To start growing, the cryptocurrency needs to overcome the resistance of $0.276. However, if this level is not passed, then there is a risk of the NEM rate falling to $0.2, experts warn.
Analysts also noted that the popular Aave DeFi token also has growth potential. Over the past month, the altcoin has risen in price by 185%. Perhaps it may rise to $95. If it manages to overcome this mark, then it can grow to $112.
Otherwise, a correction will begin and the rate will fall to $70.5. This is the support level, if the rate falls even lower, then we can talk about the beginning of a bearish trend.
The list is completed by the Monero cryptocurrency. However, its potential is significantly lower than that of the rest ones. Analysts claim that the coin could rise in value to $167. This requires that prices remain above the $150 level, analysts say.
Otherwise, the price will drop to $135.5. And if the exchange rate does not manage to stay above this mark, then a strong decline will begin.
You have already liked this post today
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
Siete carteras de Bitcoin «antiguas», creadas en abril y mayo de 2011, se activaron repentinamente. En conjunto, movieron 70 000 BTC – el equivalente a $7,6 mil millones al tipo
Wall Street incansablemente marca récord tras récord . El miércoles, el índice S&P 500, impulsado por los gigantes tecnológicos, volvió a alcanzar un máximo histórico. La razón no fue solo
Al final de la semana actual, los mercados muestran animación y un repunte: el índice Nasdaq 100 ha demostrado crecimiento, y el mercado de criptomonedas, en particular el Bitcoin, también
La moneda estadounidense vuelve a estar agitada, y esta volatilidad continúa intensificándose. En este contexto, algunos analistas predicen el colapso del USD, mientras que otros, por el contrario, confían
La tensión geopolítica que mantuvo a los mercados en vilo toda la semana finalmente se debilitó, al menos por un tiempo. Donald Trump declaró que se tomará dos semanas para
El martes por la mañana la atención del mercado de divisas se centra en tres acontecimientos, cada uno de los cuales puede alterar el equilibrio de fuerzas. El presidente
cuentas PAMM
InstaForex
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.