King crypto currency The unit again exceeded 102 thousand dollars and the concern of falling to $ 90 thousand has been weakened for now. Altcoins are still not able to surround their wounds and most of them continue to linger close to the bottoms. Today BTC With the recovery in the price, analysts began to share their new scenarios. Bitcoin $102,950.2 Market domination, BTC price and XRP CoinLet’s examine the forecasts about.
Bitcoin (BTC) and Altcoins
Altcoin The eyes of the investors are constantly at the rate of Bitcoin market domination. The rotation of the trend here will be a harbinger of the rise for the Altcoins. For many crypto currencies that have fallen below last year’s prices, this must be. Cryptobullet in today’s analysis altcoin He wrote things that concern his investors.
“BTC Domination update | Dead cat jump model
Let me share this formation, which looks like a rise at first glance and even similar to man and home formation, but usually we will fail and go down.
Key Resistance Zone: 0.618-0,786 FIB
BTC Dominance visited this area in December, rejected and now BTC.D finally the second test before it collapsed (the last).
Focus! “
In the short term, the last test caused more pain in subcoins, if it decreases to 50 %, it will mean that the face of Altcoin investors, even if it is delayed, will laugh.
Michael Poppe mentioned that the daily candle is extremely motivating. According to him tomorrow Fed We can see the continuation of the rise in connection with the meeting. The Fed is expected to leave interest rates fixed, but we do not know how the Fed’s projections draw with the latest data.
“What is the possibility of a possible interest rate reduction? Probably the markets do not expect, this would be a big surprise. In subcoins start for power. ” – Poppe
Ripple (XRP)
The winner of the day again XRP Coin was. The price finds buyers at 3.17 dollars and after yesterday’s rapid decline, investors made significant gains. The reason behind the double -digit increase was Trump, which will change the game in the medium and long term. Although the markets fluctuates, US -based crypto companies may be separated because they are starting to support government support.
Traderxo wrote in his last graph that the movement would continue towards $ 3.5 dollars.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
