The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Blockchain

Crypto Market Analysis: BTC, ETH, DOT, LINK, ATOM Price Charts Show Bullish Signs

by Miki 09/17/2021
by Miki 09/17/2021 0 comment

According to prominent cryptocurrency traders and analysts, the crypto market looks promising as a significant number of crypto assets show high returns with bullish runs in the next few days.

A popular crypto trader and analyst named Pentoshi recently told his 270,500 Twitter followers that Ethereum (ETH) and Chainlink (LINK) are about to run new all-time highs. Pentoshi says that the Ethereum (ETH) looks bullish on both USD and BTC pairing after breaking downward resistance.

“$ETH / USD pair now just broke down trendline. But also [higher low] after [support/resistance] flip on a sneaky retest. There is absolutely nothing bearish about any of these charts on any pairs. But especially the $BTC pair.”

The well-known crypto trader and analyst says that Ethereum (ETH) shows signs of getting ready to bottom out and could climb to as high as the $4,811 level.

Pentoshi also sees the decentralised oracle network Chainlink as quite promising and therefore anticipates its native token (LINK) to run to $32 after forming a triple bottom on the charts.

Pentoshi also says that Bitcoin is producing higher volume and currently has had a golden cross on the daily moving average indicators, historically indicating a positive shift in the momentum for the cryptocurrency markets. 

Pentoshi predicts that Bitcoin (BTC) is ready to continue its uptrend after breaking out of its bullish divergence formation, which indicates further upside ahead past the current trading price of $47,959.47 per coin.

Pentoshi is targeting $49,356 and $52,956 for Bitcoin’s next pit stops. 

Meanwhile, the founder of the cryptocurrency outlet Coin Bureau, known as Guy, reveals that Cosmos Network (ATOM) will see a 200% surge in price. ATOM is currently up 15.14%, trading at the $37.36 level and its market capitalisation stands at $8,276,451,334.85, which makes it the 24th largest cryptocurrency.  

Regarding how high ATOM could climb, Guy states that the altcoin could at least hit $100 in the next few days. The trader explains that the digital asset has become the most important cryptocurrency on the market as Cosmos’s fundamentals continue to hit all-time highs.

He recently told his 1.3 million YouTube subscribers that the Cosmos blockchain network is invaluable because it allows different blockchains to communicate in a decentralised manner. In March, the Cosmos network completed its inter-blockchain communication (IBC) protocol, enabling different cryptocurrency platforms to trade and transfer tokens. Guy says that such a function makes ATOM a game-changer for the industry.

Apart from that, a popular crypto trader and analyst, Benjamin Cowen, also announces that Polkadot (DOT) is in line to see a bright future. The trader states that it “seems reasonable” that DOT could rally 126% in value, which could take DOT up to $80-85 price range within a few days. The price of Polkadot (DOT) currently trades around $36.80 and is up 31.8% on the week, and its market cap stands at $36,276,211,015.77, which ranks 8th largest cryptocurrency.

Cowen told his 538,000 subscribers that Polkadot native asset (DOT) could see a surge because it attracts many investors due to its interoperable blockchain platform. Currently, Polkadot blockchain is developing parachains – custom blockchains that can be customised to perform various use cases, and they are planned to be released within this year. 

In terms of the short-term future (1-2 years), the trader says that DOT has a reasonably bright future, but that is always dependent on Bitcoin’s price action.

“As long as Bitcoin holds the line above the 20-week moving average, then it seems like the path of least resistance for Polkadot would be to continue moving higher,” Cowen says.

Image source: Shutterstock



Source link

Views: 2
AnalysisATOMBTCbullishChartsCryptoDOTETHLINKMarketpriceShowSigns
Share
0
FacebookTwitterPinterestEmail
previous post
Bitcoin Price Around $48K, Altcoins on Green Run
next post
Ethereum Layer 2 Arbitrum Soars to $2B in Value Locked

Related Posts

Iran Bans Crypto Mining to Avert Major Blackouts...

12/29/2021

Italian Sports Car Maker Ferrari Inks Multi-Year Deal...

12/29/2021

ProShares Files for New Metaverse ETF With U.S....

12/28/2021

Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute...

12/28/2021

Binance Trading Platform Licenses in Bahrain, Canada

12/28/2021

Tokenized Bitcoin in Circulation Nears a Half Million...

12/28/2021

Ethereum 2.0 Full Upgrade Will Prompt a 1%...

12/28/2021

Iranian Crypto Miners get Cut Off as Country...

12/28/2021

Kraken Develops NFT Trading Platform, Offering Token-Backed Loans

12/27/2021

Crypto Review 2021 | Blockchain News

12/27/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Cardano, MANA, VeChain Price Analysis: 23 December

  • Bitcoin, Ethereum Flows Show Signs of Accumulation

  • Changing Narrative of Decentralized Finance

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Mining (0)
  • Ripple (149)
  • Uncategorized (0)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,741.001.29%
  • ethereumEthereum(ETH)$1,966.59-0.47%
  • tetherTether(USDT)$1.00-0.14%
  • binancecoinBNB(BNB)$331.042.56%
  • usd-coinUSD Coin(USDC)$1.00-0.03%
  • rippleXRP(XRP)$0.399806-1.70%
  • Binance USDBinance USD(BUSD)$1.00-0.17%
  • cardanoCardano(ADA)$0.52-0.04%
  • SolanaSolana(SOL)$48.76-1.45%
  • polkadotPolkadot(DOT)$10.071.95%
  • dogecoinDogecoin(DOGE)$0.083023-0.66%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,705.001.31%
  • Lido Staked EtherLido Staked Ether(STETH)$1,922.55-0.56%
  • AvalancheAvalanche(AVAX)$28.36-1.36%
  • tronTRON(TRX)$0.080826-1.77%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-0.86%
  • daiDai(DAI)$1.00-0.12%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$69.19-0.99%
  • CronosCronos(CRO)$0.1870120.37%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.880.08%
  • matic-networkPolygon(MATIC)$0.640.44%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.82-0.22%
  • HederaHedera(HBAR)$0.389473-3.44%
  • FTX TokenFTX Token(FTT)$29.54-0.23%
  • bitcoin-cashBitcoin Cash(BCH)$192.31-0.20%
  • RareRare(RARE)$0.0461220.00%
  • moneroMonero(XMR)$200.304.96%