November was a great period for the digital asset market: bitcoin (BTC) sets new historical highs almost every day, and many cryptocurrencies follow him
GTBLOG team analyzed three cryptocurrencies that recently updated historical maxims (ATH). We understand what to expect from these coins in the near future.
What to expect from bitcoin (BTC) and Ethereum (ETH) this week? The BIC editors talked to an experienced analyst to find the answer to this question. The most interesting about the near future of the two main cryptocurrencies.
Bitcoin (BTC)
Opens our top market leader — bitcoin — which has been showing strong growths for a day. Over the past day, the price of an asset has grown by a little more than 1%, but over the past seven days — by 23 +%.
At the time of writing BTC traded by $85 937. The new ATH coins were set at $89 922, not reaching $90 thousand at all. Earlier today, the BIC editors also reported that in the ranking of the most capitalized financial assets bitcoin went around silver taking the eighth line in the ranking.
Against the background of such impressive dynamics, the heated victory of Donald Trump in the election US President, the market is waiting for a bitcoin psychologically important mark $100,000. At the same time, famous skeptics continue to criticize BTC, waiting for the soon reversal of the trend and depreciation of the coin.
Hardly bitcoin full depreciation awaits, but a small correction is quite likely. Due to overheating, cryptocurrency can roll back to about $85,000. It will slow down BTC growth a bit and may weaken the short-term enthusiasm of traders.
First Neiro on Ethereum (NEIRO)
Today, November 12, NEIRO updated the maximum at $0.0031 — per day it went up almost 8%. By the time of writing, the cryptocurrency has already adjusted a little and now bargains by $0.002601. This is already fifth price record for memcoin only in the last week.
If investors hold assets in the near future, then NEIRO will be able to continue the rally. Such a long growth will attract even more interest to the memoir from the market.
On the other hand, profit fixing threatens to provoke a — correction, it is able to bring NEIRO to $0.0022. Such a scenario will weaken optimistic forecasts and leave the risks of a further depreciation.
Earlier, the BIC editors told what three altcoins should be paid attention to in the week of November 11-17. All details you will find in our special analysis.
Fasttoken (FTN)
closes top 3 token Fasttoken. Over the past 24 hours, it grew by a little less than 2% and at the time of writing bargains by $3.05. At the same time, ATH cryptocurrency set at $3.06 — very slightly higher than the current price.
Many market participants expect FTN to update the established record soon. He is supported by a stable interest in community and strong support at $2.88. However, everything can change if the mood on the cryptorinka changes to a tighter. Then token will need additional support to continue growth.
If Fasttoken loses support on $2.88, he will face correction to $2.69. Such a rollback will cancel the bovine forecast and confirm change in market sentiment.
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