No Result
View All Result
World Press Time
  • Home
  • United States
  • UK
  • World
    • Canada
    • Europe
    • Australia
    • Asia
    • South America
    • Africa
  • Politics
  • Business
    • Economy
    • Finance
    • Investing
    • Markets
    • Companies
    • Crypto
  • Lifestyle
  • Entertainment
  • Health
  • Technology
  • Science
  • Sports
  • Travel
  • Contact
Subscribe
  • Login
  • Home
  • United States
  • UK
  • World
    • Canada
    • Europe
    • Australia
    • Asia
    • South America
    • Africa
  • Politics
  • Business
    • Economy
    • Finance
    • Investing
    • Markets
    • Companies
    • Crypto
  • Lifestyle
  • Entertainment
  • Health
  • Technology
  • Science
  • Sports
  • Travel
  • Contact
No Result
View All Result
World Press Time
No Result
View All Result
  • United States
  • UK
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Technology
  • Science
  • Sports
  • Travel
  • Videos
Home Business Crypto

Bitcoin Price and Ethereum Prediction – BTC Braces for 10% Pump to $23,000

Press Room by Press Room
1 year ago
in Crypto
Reading Time: 3 mins read
125 2
A A
0
34
SHARES
489
VIEWS
Share on FacebookShare on Twitter

During the Asian session, the Bitcoin price is trading bearish, near $20,916 after bouncing off the $20,000 support level. Similarly, Ethereum has risen more than 2% to $1,637 and is en route to the 78.6% Fibonacci retracement level.

Early on October 30, major cryptocurrencies were trading in the green, as the global crypto market cap surpassed $1 trillion with a trading volume of $91 billion.

Overall, the market is risk-on ahead of the US Federal Reserve’s monetary policy and rate decision later this week.

Top Altcoin Gainers and Losers

Dogecoin (DOGE), Klaytn (KLAY), and Waves (WAVES) were the top performers in the last 24 hours. DOGE’s price has increased by more than 50% to $0.1344, while KLAY’s price has increased by nearly 19% to $0.29. At the same time, WAVES has gained more than 13% to trade at $3.80.

Mina (MINA) has dropped more than 5% this week to $0.70. TerraClassicUSD (USTC) has fallen by more than 6% to around $0.038.

Bitcoin Price 

The current Bitcoin price is $20,869, and the 24-hour trading volume is $39 billion. Bitcoin has surged over 8% in the last seven days. CoinMarketCap currently ranks first, with a live market cap of $400 billion, up from $397 billion yesterday.

The BTC/USD pair is now consolidating in a large trading range of $20,000 to $21,000, which is stretched by Fibonacci retracement levels ranging from 38.2% to 61.8%. However, the overall trading basis remains bullish. 

The RSI and MACD are still in a bullish zone, indicating that the positive trend is likely to continue. In addition, the 50-day moving average advises buying above $19,750. 

As a result, a breach of the 61.8% Fibo level might extend the buying trend to $21,900. Bitcoin might hit $22,500 if the present upward trend continues.

On the downside, Bitcoin’s immediate support level is still near $20,250. Today, investors may seek a buy position upon a bullish breakout of $21,000 and vice versa.

Ethereum Price 

Ethereum’s current price is $1,630, with a 24-hour trading volume of $19 billion. In the last seven days, Ethereum has increased by more than 24%. CoinMarketCap is now ranked second, with a live market capitalization of $199 billion, up from $194 billion yesterday.

On Sunday, the ETH/USD technical outlook hasn’t changed a lot and continues to exhibit a bullish bias. The ETH/USD pair has completed a 61.8% Fibonacci retracement at $1,550 and is now crossing above this level, indicating the possibility of a bullish trend correction. 

On a daily chart, ETH has breached the previously placed high of $1,595 level, indicating strong bullish power. If the price of ETH rises above $1,595, it may reach $1,650 or $1,700.

Leading indicators such as the RSI and MACD remain in the buying zone. As a result, the chances of a bullish correction remain strong above $1,550. At the same time, support continues to stay at $1,404 today. 

New Crypto Presales

Aside from Bitcoin and Ethereum, new coins on presale are doing well and making headlines. For instance, Dash 2 Trade, it’s an Ethereum-based platform that aims to provide its users with real-time analytics and social trading signals; the amount raised thus far represents a significant vote of confidence in the platform.

The company intends to launch its platform in the first quarter of 2023, following the presale, with its D2T token expected to be listed on multiple exchanges.

The Dash 2 Trade presale has raised over $3.3 million in less than a week, putting it on track to become one of the year’s largest token sales. The Dash 2 Trade presale is still ongoing; D2T tokens can be purchased for $0.05 USDT.

Visit Dash 2 Trade now

Find The Best Price to Buy/Sell Cryptocurrency



Read the full article here

Share14Tweet9Share2Pin3SendShareShareShareShare
ADVERTISEMENT

Related Articles

Crypto

Liz Warren Claims North Korea Funds Half Of Its Nuclear Weapons Program With Crypto – Is It True?

Crypto

StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee

Crypto

Is It Too Late to Buy Optimism? OP Price Gains 25% as a Futuristic Meme Coin Attracts $2.7 Million

Crypto

XRP Price Prediction as XRP Spikes Up 3% Suddenly – Are Whales Buying?

Crypto

Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion

Crypto

BTC Dips to $43.5K , Babylon Chain Raises $18M, Kiyosaki Warns of Crash

Crypto

Binance Founder CZ to Await Sentencing in US

Crypto

Chinese Cities Launch End-of-Year Digital Yuan Giveaways

Crypto

Do Kwon to be Extradited to the United States: Report

Load More

Recommended

B.C. police watchdog investigating death of Saik’uz First Nation woman

Albanese government to reveal plans to adress rising migration levels

Andy Cohen, Beanie Feldstein and More Celebrate Hanukkah 2023 With Menorah Lightings and Latkes

THE MOST IMPORTANT FINANCE NEWS AND EVENTS OF THE DAY

Subscribe to our mailing list to receives daily updates direct to your inbox!

Trending Now

    About Us

    World Press Time

    World Press Time is your one-stop news portal, follow us to get the latest politic, business, sports, entertainment any more. follow us now.

    Topics

    Africa Asia Australia Business Canada Companies Crypto Economy Entertainment Europe Finance Health Investing Lifestyle Markets Politics Science South America Sports Technology Travel United Kingdom United States Videos World

    Get informed

    THE MOST IMPORTANT FINANCE NEWS AND EVENTS OF THE DAY

    Subscribe to our mailing list to receives daily updates direct to your inbox!

    • Privacy Policy
    • Terms of use
    • Press Release
    • Advertise
    • Contact

    © 2022 World Press Time - All Rights Reserved.

    No Result
    View All Result
    • Home
    • United States
    • UK
    • World
      • Canada
      • Europe
      • Australia
      • Asia
      • South America
      • Africa
    • Politics
    • Business
      • Economy
      • Finance
      • Investing
      • Markets
      • Companies
      • Crypto
    • Lifestyle
    • Entertainment
    • Health
    • Technology
    • Science
    • Sports
    • Travel
    • Contact

    © 2022 World Press Time - All Rights Reserved.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website, you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.