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Cryptocurrency prices have crawled back as investors took the plunge.
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Band Protocol surged as DeFi volumes bounced back.
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The rally occurred as Litecoin’s hash rate and mining difficulty increased.
cryptocurrency prices Investors staged a slow recovery this week after a relatively encouraging statement from Jerome Powell. Bitcoin surpassed the important psychological level of $17,000 for the first time in weeks. Similarly, Ethereum, XRP, and SOL gained more than 5% each. Here are the top crypto price predictions for the weekend.
Band Protocol | bris
Band Protocol was one of the best performing cryptocurrencies this week. The coin reached a high of $2.78, up almost 77% from this week’s low. For starters, Band Protocol is an oracle network that makes it possible for developers to link off-chain data to the on-chain ecosystem. It is one of the biggest competitors of Chainlink.
The hourly chart shows that the price of the bands reached a high of $2.79 this week. It then pulled back and crossed the important support level of $2.30, which was the highest point on 16 November. It remains slightly above the 25-day and 50-day moving averages and the rising trend line shown in orange.
The relative strength index has moved below the overbought level of 70. Hence, the coin is likely to continue its bearish trend as it has formed an inverted hammer pattern. If it does, it will retest the key support at $1.75. A move above the resistance point at $2.30 would invalidate the bearish view.
maintain
Uphold is a platform that has over 50 cryptocurrencies to choose from. Its users can trade crypto with a bank account, credit card or crypto debit card. It has variable fees and allows users to automate trades. Users who are using Brave’s internet browser can also earn BAT tokens based on their browsing habits.
Buy the Band with Uphold today
binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited for more experienced investors and it offers a large number of cryptocurrencies to choose from, over 600. Binance is also known for its low trading fees and multiple trading options that its users can benefit from, such as; Peer-to-Peer Trading, Margin Trading and Spot Trading.
Buy BAND with Binance today
Litecoin | LTC
Litecoin Has been one of the best winners of the ongoing crypto sell-off. After falling to a low of $47.85 in November, it rose to a high of $83. This recovery happened as investors reacted to the rising mining difficulty and hash rate. It was also driven by the growing interest in digital coins.
On the 4H chart, we see that the coin turned parabolic in November. As a result, it remains above all moving averages. Additionally, it has formed what looks like a double-top pattern with the neckline at $70.
The relative strength index (RSI) of the coin has formed a bearish divergence pattern. Therefore, with the key support at $60, the coin may have a downside risk.
eToro
eToro offers a wide range of cryptos such as bitcoin, XRP and others, along with crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or be copied by other users.
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bitstamp
Bitstamp is a leading cryptocurrency exchange offering trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company that offers users an intuitive interface, a high level of security for your digital assets, excellent customer support, and multiple withdrawal methods.
Buy LTC with Bitstamp today
bitgart | bris
Bitgert is an Ethereum rival known for its extremely high speeds and low gas fees. It is a relatively young platform on the BNB Smart Chain. After going parabolic at the beginning of the year, BRISE price has fallen to its lowest level in recent months. Its net worth has dropped from $10 million to about $5 million.
On the hourly chart, it has moved slightly above the 25-day moving average, while the Relative Strength Index has moved slightly above the neutral point at 50. It has also formed a bearish head and shoulders pattern. Therefore, the coin could have a bearish chance as sellers target the key support at $0.00000030.
Since BRISE is such a new asset, it is not yet listed on major exchanges. You can still buy BRISE using a DEX (decentralized exchange), which means there are a few extra steps. Follow these steps to buy BRISE now:
1. Buy BNB on a regulated exchange or broker, such as Binance ›
we suggest binance Because it is one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It is also beginner-friendly, and has more payment methods available to users than any other service available.
2. Send your BNB to a compatible wallet such as Trust Wallet or MetaMask
You have to create your wallet, get your address, and send your coins there.
3. Connect your wallet to 1 inch DEX
Step up to 1 inch, and ‘connect’ your wallet to it.
4. You can now swap your BNB with BRISE
Now that you are connected, you will be able to exchange up to 100 coins including BRISE.