Cryptocurrency Report
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Altcoin
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos
What's Hot

Solana (SOL) price is poised for a potential 95% crash — Here’s why

August 16, 2022

Bank of China unveils new e-CNY smart contract test program for school education

August 16, 2022

Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform

August 16, 2022
Facebook Twitter Instagram
  • Advertise
  • Privacy
  • Contact
  • Terms
Facebook Twitter Instagram LinkedIn
Cryptocurrency Report
  • Home
  • News
    1. Bitcoin
    2. Ethereum
    3. Altcoin
    4. View All

    Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform

    August 16, 2022

    Russian Banks to ‘Start Handling Digital Ruble by 2024’

    August 16, 2022

    Judge Grants Ripple’s Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News

    August 16, 2022

    Kimchi Premium Trading Total Could Be Almost Twice as High as First Thought, Says Regulator

    August 16, 2022

    Business Exec’s Noisy Illegal Ethereum Mining Rigs Left Employees Sweltering in 40°C Furnace

    August 16, 2022

    Ethereum’s Vitalik Buterin Lists ‘Worthwhile’ Ideas for Developers to Work On

    August 12, 2022

    Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News

    August 11, 2022

    Reddit Community Points Ready for the Ethereum Mainnet Move

    August 10, 2022

    Most Popular Dog Coins Rise for 4 Consecutive Weeks, as Major Shiba Inu Development Nears

    August 16, 2022

    Bitcoin and Ethereum Signal Bullish Continuation, SHIB Rallies 30%

    August 16, 2022

    Binance Chief Says Exchange ‘Froze/Recovered 83%+ of Curve Stolen Funds’

    August 15, 2022

    Bitcoin and Ethereum Extend Gains, LDO and CEL Outperform

    August 15, 2022

    Solana (SOL) price is poised for a potential 95% crash — Here’s why

    August 16, 2022

    Bank of China unveils new e-CNY smart contract test program for school education

    August 16, 2022

    Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform

    August 16, 2022

    Is Bitcoin really a hedge against inflation?

    August 16, 2022
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos

    The Crypto Metaverse is Growing RAPIDLY! (INSANE MICROSOFT BUY)

    January 18, 2022

    BEST Crypto Safety Guide 101 (Keep Your $$ SAFE with Passphrases)

    January 18, 2022

    SHOCKING: Microsoft Enters the CRYPTO METAVERSE!!! (HUGE $69 Billion CASH Buy)

    January 18, 2022

    URGENT NEWS For Cardano Holders!! (MUST Watch Before Jan 20)

    January 17, 2022

    ⚠️ WARNING To All Bitcoin Holders ⚠️ (Time is RUNNING OUT!!!)

    January 17, 2022
  • bitcoinBitcoin(BTC)
    $42,304.00-0.92% 24H
    BITCOIN
    24H : -0.92%
    Volume : $18,001,823,455.00
    Marketcap : $804,136,324,461.00
  • ethereumEthereum(ETH)
    $3,187.18-1.80% 24H
    ETHEREUM
    24H : -1.80%
    Volume : $11,828,130,842.00
    Marketcap : $383,283,409,099.00
  • tetherTether(USDT)
    $1.000.020% 24H
    TETHER
    24H : 0.020%
    Volume : $42,292,952,195.00
    Marketcap : $82,566,134,570.00
  • binancecoinBNB(BNB)
    $416.19-2.16% 24H
    BNB
    24H : -2.16%
    Volume : $1,421,783,549.00
    Marketcap : $69,948,357,062.00
  • usd-coinUSD Coin(USDC)
    $0.9980.110% 24H
    USD COIN
    24H : 0.110%
    Volume : $3,215,590,549.00
    Marketcap : $50,856,931,622.00
  • solanaSolana(SOL)
    $110.52-1.25% 24H
    SOLANA
    24H : -1.25%
    Volume : $1,326,948,052.00
    Marketcap : $36,230,891,086.00
  • rippleXRP(XRP)
    $0.744-2.62% 24H
    XRP
    24H : -2.62%
    Volume : $2,611,405,064.00
    Marketcap : $35,798,721,281.00
  • cardanoCardano(ADA)
    $1.02-1.97% 24H
    CARDANO
    24H : -1.97%
    Volume : $735,911,632.00
    Marketcap : $32,692,285,870.00
  • terra-lunaTerra(LUNA)
    $87.96-7.21% 24H
    TERRA
    24H : -7.21%
    Volume : $2,091,404,457.00
    Marketcap : $31,224,000,667.00
  • avalanche-2Avalanche(AVAX)
    $79.94-4.23% 24H
    AVALANCHE
    24H : -4.23%
    Volume : $651,461,780.00
    Marketcap : $21,345,345,382.00
  • polkadotPolkadot(DOT)
    $18.98-3.96% 24H
    POLKADOT
    24H : -3.96%
    Volume : $522,492,664.00
    Marketcap : $20,904,948,600.00
  • dogecoinDogecoin(DOGE)
    $0.147-0.35% 24H
    DOGECOIN
    24H : -0.35%
    Volume : $1,709,936,369.00
    Marketcap : $19,528,083,067.00
  • binance-usdBinance USD(BUSD)
    $0.9990.100% 24H
    BINANCE USD
    24H : 0.100%
    Volume : $3,031,521,102.00
    Marketcap : $17,907,585,119.00
  • terrausdTerraUSD(UST)
    $1.000.00% 24H
    TERRAUSD
    24H : 0.00%
    Volume : $710,407,989.00
    Marketcap : $16,759,326,710.00
  • shiba-inuShiba Inu(SHIB)
    $0.000024-0.91% 24H
    SHIBA INU
    24H : -0.91%
    Volume : $622,427,689.00
    Marketcap : $13,391,607,837.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)
    $42,263.00-1.06% 24H
    WRAPPED BITCOIN
    24H : -1.06%
    Volume : $205,987,180.00
    Marketcap : $11,648,041,723.00
  • crypto-com-chainCronos(CRO)
    $0.437-1.87% 24H
    CRONOS
    24H : -1.87%
    Volume : $43,191,918.00
    Marketcap : $11,045,868,142.00
  • nearNEAR Protocol(NEAR)
    $15.96-4.67% 24H
    NEAR PROTOCOL
    24H : -4.67%
    Volume : $1,001,407,008.00
    Marketcap : $10,603,423,829.00
  • staked-etherLido Staked Ether(STETH)
    $3,182.92-1.85% 24H
    LIDO STAKED ETHER
    24H : -1.85%
    Volume : $8,945,498.00
    Marketcap : $10,259,684,260.00
  • matic-networkPolygon(MATIC)
    $1.43-2.09% 24H
    POLYGON
    24H : -2.09%
    Volume : $379,202,804.00
    Marketcap : $9,786,905,958.00
Cryptocurrency Report
Home » Bitcoin and Ethereum Still Rangebound, ATOM and QNT Rally
Bitcoin

Bitcoin and Ethereum Still Rangebound, ATOM and QNT Rally

CryptoReporterBy CryptoReporterFebruary 4, 2022No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

 

  • Bitcoin price is recovering above USD 37,000.
  • Ethereum is still below USD 2,700, XRP remained above USD 0.60.
  • ATOM and QNT are up over 12%.

Bitcoin price started a downside correction below the USD 38,000 level. BTC even traded below USD 36,500, but there was no test of USD 36,000. It is currently (04:11 UTC) recovering and trading above USD 37,300.

Similarly, most major altcoins are also moving higher. ETH spiked below USD 2,600 before correcting above USD 2,650 again. XRP managed to stay above the USD 0.60 support zone. ADA recovered above the USD 1.05 resistance zone.

Total market capitalization

Source: tradingview.com

Bitcoin price

After a downside correction, bitcoin price found support near USD 36,250. BTC started a decent increase and was able to clear the USD 36,800 resistance. It even surpassed USD 37,000 while the next major resistance is near the USD 38,000 level, above which the price could gain momentum.

On the downside, an immediate support is near the USD 37,000 level. The next major support is near USD 36,250, under which the price could even decline below USD 36,000.

Ethereum price

Ethereum price spiked below USD 2,600, but the bulls were able to protect USD 2,550. ETH is now rising and trading above USD 2,650. An initial hurdle is near the USD 2,720 level. The next key resistance is near the USD 2,800 level, above which the price could continue higher.

An initial support is near the USD 2,640 level. The next major support is near USD 2,600, under which the price may perhaps dive below USD 2,550.

ADA, BNB, SOL, DOGE, and XRP price

Cardano (ADA) was stable above the USD 1.00 zone. It is moving higher, clearing the USD 1.05 resistance. The first key resistance is near USD 1.08. The main breakout resistance is still near USD 1.10.

Binance coin (BNB) spiked below the USD 365 support level. It is now recovering and trading above USD 370. To continue higher, the price must clear the USD 380 resistance zone.

Solana (SOL) declined sharply and tested the USD 95 support level. The price found support and recovered above USD 100. However, the bears might remain active near USD 110 and USD 112.

DOGE is still struggling below the USD 0.145 resistance level. If the bulls fail to gain strength, it could dive to the USD 0.122 support level.

XRP price is holding the USD 0.600 support level. An immediate resistance is near the USD 0.632 level. The next major resistance is near USD 0.650, above which the price may perhaps accelerate higher.

Other altcoins market today

A few altcoins are up over 5%, including LUNA, ATOM, NEAR, MANA, HBAR, ETC, MIOTA, MKR, QNT, ROSE, and NEXO. Out of these, ATOM rallied 12%, surpassing USD 29 and trimming its weekly losses to less than 3%. Meanwhile, QNT increased its weekly gains to more than 46% as it jumped by another 16% in a day, nearing USD 135. 

Overall, bitcoin price is moving higher towards the USD 38,000 resistance. If there is no upside break, BTC might start a fresh decline to USD 36,000 in the short term. Conversely, the bulls could test the key USD 40,000 resistance zone.

_____ 

Find the best price to buy/sell cryptocurrency:

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform

August 16, 2022

Russian Banks to ‘Start Handling Digital Ruble by 2024’

August 16, 2022

Judge Grants Ripple’s Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News

August 16, 2022

Kimchi Premium Trading Total Could Be Almost Twice as High as First Thought, Says Regulator

August 16, 2022

Celsius Coin Report Reveals USD 2.8BN Crypto Shortfall

August 16, 2022

Bitcoin and Ethereum Correct Gains, Key Support Intact

August 15, 2022
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Solana (SOL) price is poised for a potential 95% crash — Here’s why

August 16, 2022

Bank of China unveils new e-CNY smart contract test program for school education

August 16, 2022

Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform

August 16, 2022

Subscribe to Updates

Get the latest sports news and analysis about crypto coins and the latest news about domains from Techie Memo.

Advertisement

Your number 1 source for all Cryptocurrency news and analysis. here you can follow all updates and latest rates for all currencies. Visit our about page for more information.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Top Insights

Solana (SOL) price is poised for a potential 95% crash — Here’s why

August 16, 2022

Bank of China unveils new e-CNY smart contract test program for school education

August 16, 2022

Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform

August 16, 2022
Get Informed

Subscribe to Updates

Get the latest sports news and analysis about crypto coins.

Facebook Twitter Instagram LinkedIn
  • Guest Post
  • Privacy Policy
  • Terms & Conditions
  • Contact
© 2022 Cryptocurrency Report. Designed by Sawah Dev.

Type above and press Enter to search. Press Esc to cancel.