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XRP Price Massive Rebound, May hit $3 in February 2021

The XRP Price which maintained a steady momentum jumped massively in the past couple of hours. Moreover, analysts Moza believes…

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XRP price rally A huge influx of volume in the past hours!

The XRP Price which maintained a steady momentum jumped massively in the past couple of hours. The trade for the day began with major crypto assets attempting very hard to sustain the trembling position, whereas XRP stood above all comfortably marking 4% profit.

As of now, the asset has not experienced any selling pressure which clearly indicates that the XRP Army is poised to smash the target set at $1. Moreover, analysts Moza believes that the XRP price is all set to hit $3 by 17th February 2021.

The rally is expected to accelerate more until it hits the target of $1 which may occur any time in the coming as predicted by another analyst and trader 360Trader

XRP Price Analysis

The XRP Price in tha last working day initiated with a 10% pump which carried the price from $0.4793 to $0.5288. Later the price consolidated for the rest of the day trending within $0.5 to $0.53 but did not plunge below the $0.5 levels. The trading volume also remained within the average range due to which the price did not receive the required boost.

xrp price chart

The consolidation continued in the early hours of trade also the asset price was dropped a little but not below $0.5. Very soon XRP price experienced a major push which escorted the price from the levels close to $0.51 to more than $0.57 gaining nearly more than 12%.

Currently, the XRP price appears to be self-assured of attaining the higher resistance levels close to $0.8. Once these resistance levels are broken, surpassing $1 would be effortless. However, many analysts still believe the SEC lawsuit clearance would rally XRP price to more than $10 too.

Technical Specifications

  • The resistance level is formed at $0.8
  • The support level is formed $0.4847
  • The indicators for XRP price point out towards a ‘buy’ signal

Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

Source: https://coinpedia.org/news/xrp-price-massive-rebound-may-hit-3/

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Coinpedia

Dogecoin Price Close 70 Cents, Will the Whales Allow Rally To Hit $1?

Dogecoin price rallies more than 50% for the second consecutive day, may smash $1. The doge price may flip BNB now and ethereum later

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Whales Might Cash Out Before $1!

The dogecoin price had a spectacular rally since the beginning of 2021. The price after a pretty long consolidation pulled a leg up and rallied more than 50% to close the daily trade above $0.5. However the price resumed its bull run since the early time of trade and accumulated more than 25% gains.

No doubt the entire crypto space believes the price may hit the milestone at $1 any moment in the coming 24 hours, yet some look at a possible dump. A popular analyst and co-founder of blockroots.com, Rager predicts $1 DOGE price is programmed.

In my honest opinion, I think $DOGE hitting above $1 is locked in

It’s almost $0.70

That would just be mean if whales sold at $0.97 after all these years and hard work to make the meme a reality#dogeto1usd (I still plan on shorting it eventually) pic.twitter.com/Fr26G0b5lN

— Rager 📈 (@Rager) May 5, 2021

The analyst believes that many whales have held the asset for a very long time and hence they might liquidate their profits before $1. As the early investors influxed a huge amount and waited patiently to uplift the asset from just a meme to a reality.

Also Read: Dogecoin Price Surges High, Enters Top 5, Is $1 On The Cards?

DOGE Price May Flip BNB, Is ETH The Next Target?

With the historical journey from $0.008 to the current levels around $0.69, the market capitalization touched the skies. After entering the top 10 cryptocurrency list from nowhere, the asset maintained within the top 20 despite some dumps. However, after the mammoth rally, the asset flipped the Tether & XRP market cap, and Binance Coin is on the cards.

However, as the DOGE price smashes the $1 milestone, Dogecoin is expected to become the 3rd largest cryptocurrency. Interestingly, if the rally continues towards the next milestone, the possibility of the asset securing the second spot, flipping Ethereum cannot be ruled out.

Collectively, the dogecoin price rally as predicted by the analyst may even flip Ethereum after attaining certain levels. Moreover, the price focus currently for the DOGE price is to stand strong if it rallies close $1. And continue the rally post $1 smashing all the hurdles.

That would just be mean if whales sold at $0.97 after all these years and hard work to make the meme a reality#dogeto1usd (I still plan on shorting it eventually) pic.twitter.com/Fr26G0b5lN

Source: https://coinpedia.org/price-analysis/dogecoin-doge-price-to-hit-1/

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New Projects for Cardano Could Be a Game-Changer! ADA Price

Cardano Price has risen 722% in value this year, from $0.18 in January to an all-time high of $1.48. Also, ADA price…

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Cardano’s native token, ADA, has risen 722% in value this year, from $0.18 in January to an all-time high of $1.48. Also, NFTs created a lot of buzz and the craze around them was unbelievable.

Lark Davis, a well-known crypto trader, predicts that a range of convincing crypto narratives will provide early investors with significant returns this cycle.

The Cardano blockchain’s development team has already revealed new information about the smart contract release. Following the release of its Mary protocol in March, Charles Hoskinson’s Cardano has announced that its Alonzo update will be available in August.

The addition of smart contracts to Cardano would result in a flood of new ventures, potentially rewarding investors and thus creating new earning opportunities

According to Lark Davis,

“The smart contracts are coming to the mainnet for Cardano likely in August, assuming that there are no delays with the road map.

So we’re about to see this just explosion of new projects coming to Cardano.”

Elrond, which has finally published the Maiar Exchange’s first snapshot, is also on Davis’ radar. It will allow EGLD holders to see their MEX governance token balances rise. With the majority of the token supply airdropped to EGLD holders, the MEX governance token will enable the group to make decisions. And also the release of its fundraising mechanism (launchpad) on the block chain is another big thing for the token.

The Maiar Exchange snapshot interface is live.$MEX balances increase after each weekly snapshot cycle. The first cycle is in progress.

First $MEX balance calculations will be displayed after the first weekly snapshot cycle is complete.$EGLD x $MEX 🔥https://t.co/vicSHJi66O

— Beniamin Mincu ⚡ (@beniaminmincu) April 21, 2021

As per Davis, the Elrond launchpad will introduce “a whole new wave of tokens to the Elrond universe.

The trader says he’s also anticipating big things from Solana (SOL).Because of its high speed, low fees, and size, the Solana ecosystem of developers chooses to create with Solana as the ecosystem expands without compromising censorship resistance or protection.

“While the Solana asset itself has been very bullish recently, it’s not what’s going to give you the biggest gains.”

Non-fungible tokens (NFTs), which are one-of-a-kind digital assets that can be used to display digital art, real estate, tickets, and more, are another trend that the YouTuber believes will continue to pay off for investors.

Davis points out that NFTs have a strong value proposition in the gaming industry, where virtual assets are often purchased, exchanged, and sold, as well as in the sports industry, where digital cards and other collectibles are very common.

Source: https://coinpedia.org/altcoin/new-projects-for-cardano-ada-price/

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BitTorrent Price Prediction, How High Will BTT Price Be In 2021?

A detailed guide on BitTorrent price prediction about how will the currency rise. Also get detailed BTT price prediction..

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Every crypto project offers a unique feature to its users. BitTorrent is one of the emerging cryptocurrency established to provide a secure network which extends the current function of file sharing protocol.

The accelerated spike in the price since the start of 2021 has dragged investors’ attention towards BTT. And if you are thinking to be one of them or you are already a BTT holder, then this article covers the fundamentals and the historic price movements of BTT.

Moreover, the future price movements and the overall market sentiments with price predictions may assist you to determine the BTT volume in your portfolio.

Overview CryptocurrencyBitTorrentTokenBTTPrice(At the Press time)$0.007046Market Capitalization$4,648,801,734Circulating Supply659,952,625,000 BTTAll Time High$0.01426 (April 05, 2021)All Time Low$0.0001394 (March 13, 2020) Fundamental Analysis of BitTorrent

BitTorrent is a peer-to-peer file sharing platform that has become more decentralized in recent times. Founded by Bram Cohen in July 2001, BitTorrent was taken over by Tron platform owned by Justin Sun in July 2018. The acquisition made the BTT platform has been upgraded with additional tools with a dedicated native currency BitTorrent Token(BTT).

As of now, BitTorrent provides a platform of the largest file sharing protocol with more than 100 million users. The TRON Foundation acquired the platform in 2018 but the project could not kickstart under it’s network until 2019.

Users on the TRON blockchain can use BitTorrent coin (BTT) to play along with the files that content creators share on the network. BitTorrent is now recognised as one of the largest peer-to-peer software that exists on the blockchain.

Also Read: Origin Protocol Price Prediction, Will OGN Price hit $10 by 2021?

BitTorrent Price Prediction 2021

BTT continued the trade at $0.0002, the price it has ended the year 2020. Later the price started to grow steadily. BitTorrent got decent assistance from several classifications of institutions. The price received a huge boost in the mid of February rallying from $0.0005 to the highest ever levels around $0.0129 and woefully plunged back.

As this is the altcoin season, BTT rose to an ATH of $0.0126 on April 5, 2021. As per the experts, the price rise will continue further and may hit $0.008 by the end of 2021.

BitTorrent Price Prediction 2022

BitTorrent shows great potential and due to the increase in the user base, the BTT price may also rocket over $1 or more. Given the circumstances, the prices are increasing exponentially. Hence it is not too far fetched to understand this price rise.

Price Prediction For Next 5 Years

BitTorrent currently is not recognized by BigTech officially and faces piracy issues. However, looking at the way of development of their platform, leading OTT platforms may likely cooperate with BitTorrent by upcoming years as it ensures safety for its content. BTT might also cooperate with Spotify. By the end of 5 years, BitTorrent could trade at $5.

Market Price Prediction For BTT WalletInvestor

According to WalletInvestor, BitTorrent is a promising and profitable investment. BTT might go up from $0.007031 to $0.0126 in the coming year and may hit $0.0369 by the end of 2026.

Captainaltcoin.com

According to captainaltcoin.com, BTT will get to the mark of $0.02 – $0.20 per token by 5 years.

TradingBeasts

According to TradingBeasts, BTT could trade in between $0.0077151 and $0.0090766 by the end of 2021 and reach an average price of $0.0175035 by the end of 2024.

DigitalCoinPrice

According to the analysis of DigitalCoinPrice.com, BTT may reach $0.0107 by the end of 2021 and could be trade at $0.02055 per token by 2025

CryptocurrencyPricePrediction.com

According to the technical analysis of cryptocurrencypriceprediction.com, the price of BTT could hit $0.02 to $0.2 per token by 2025.

Our BitTorrent BTT Price Prediction

With a current trading price of $0.01284, BTT has shown great promise. It might concentrate on some developments and its price might rise. It might end the year 2021 with $0.008. With certain price variations BTT might reach the newer heights and it may be a good investment. By 5 years BTT may trade at $0.01 to $0.02 in the future.

Also Read: NEM Price Prediction, Will The XEM Price Hit $1 In 2021?

Historic Market Sentiments 2019

BitTorrent [BTT] has had a rough year since landing on the crypto currency markets. Since its launch in 2019, the cryptocurrency has lost about 80% of its launching value.

Following its listing on CoinMarketCap on January 31, 2019, BTT traded at around $0.0004 in the first two days. However, later in the month of February, BTT launched a great start by surging as high as $0.0011 per unit of the cryptocurrency.

An explosive price pump was experienced in February. The price continued to decline for several months. Later, BTT recorded its all time high by reaching $0.001861in the end of May.

In the third quarter, price plunged greatly to $0.001 and continued the downfall until the end of the quarter.

By October 2019, BTT was trading at $0.0005. The price experienced a major downfall until the end of year. At the end of December 2019, BTT was trading at $0.0003.

2020

With the market being bearish, BTT continued its trade at $0.0002 during the start of January 2020. BitTorrent climbed to $0.0005 by the mid of February. Later the price shockingly dropped to $0.00013 to record it’s all time low in the March due to the Covid-19 outbreak. Later, BTT started to surge significantly and touched the $0.0005 mark by August. The price experienced a major downfall until the mid of December. At the end of 2020, BTT plummeted to trade at $0.0002.

FAQ

How high can BTT go?

we recognize that BTT may reach as high as $0.0006 and reach up to $0.0012 in 2021

Is BitTorrent a good investment?

Yes, it might be a good investment if you are planning for a long-term.

Is BTT worth buying?

BTT is one of the crypto good projects by TRON that has moderate liquidity.If you are planning to go for long, it is a good choice but not a piece of financial advice.

Where to trade BitTorrent?

BitTorrent can be traded on exchanges like DigiFinex, OKEx, VCC Exchange, Binance and many more.

Can BTT reach $1?

Considering the current price, BTT has to go a long way to reach 10 cents. And hence $1 right now may be a very distinct target but yet achievable in future.

Source: https://coinpedia.org/price-prediction/btt-bittorrent-price-prediction/

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