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Home Cryptocurrency

Bitcoin, Ripple & Algorand – Asian Wrap 15 Feb

by BitSmart.US
February 15, 2021
in Cryptocurrency
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Bitcoin extends rally past $29,000
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Bitcoin Worth Evaluation: Rising wedge at document high probes BTC bulls round 49,000

BTC/USD fades upside momentum whereas easing to $49,000 through the early Monday’s buying and selling. The cryptocurrency pair refreshed the document time the day before today whereas inching nearer to the $50,000 threshold. Nonetheless, the higher line of the bearish chart sample, on the four-hour play, challenged the bitcoin bulls close to $49,700.

 

Ripple Worth Evaluation: XRP bullish potential to $1.0 stays intact regardless of latest pullback

XRP/USD stands on a slippery floor whereas refreshing the intraday low to $0.5620, down round 5.0% intraday, throughout early Monday. In doing so, the altcoin extends pullback from the best ranges since February 01 whereas additionally respecting a number of tops marked over the last two weeks.

 

Algorand Worth Forecast: ALGO may rapidly drop to $1.15 as technical flip bearish

Algorand is transferring away from the just lately achieved document excessive of $1.85 amid a strengthening bearish grip. The rally to this unbelievable value stage began final 12 months, however January and February have yielded massively for Algorand. Nonetheless, the upswing seems weak to losses, particularly with a potential breakdown eyeing $1.15.



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