منو سایت

  • خانه
  • Bitcoin
  • Daily BitTorrent Price Analysis, Atrium, Shiba Ino, BitTorrent – Morning Forecast January 23

Daily BitTorrent Price Analysis, Atrium, Shiba Ino, BitTorrent – Morning Forecast January 23

 تاریخ انتشار :
/
  Bitcoin

TL; DR failed

  • Bitcoin is trying to move forward, an inch closer to the $ 36,000 mark.
  • Atrium reached $ 2,500 after rising 1.75%.
  • Shiba Inu has increased by more than 10%, Terra and Pancake Swap are also showing positive results.
  • Kosama and Maker remain in the green red market.

With the increasing popularity of the concept of digital currencies, the crypto market has risen in popularity charts. The global expansion of the market has made this concept more widely accepted worldwide. Several countries are now looking for digital currencies such as bitcoin at the state level.

Cryptocurrencies are more widely used because they are used as a payment and transaction method and a popular investment asset. People indulge in crypto trading, investing, mining and investing to earn rewards and profits.

The advent of crypto has provided a new opportunity for people to earn money. That is why people in developing countries are adopting cryptocurrencies to fight unemployment and poverty in their regions. Therefore, developing countries are interested in this concept. However, the market is not so simple. Market fluctuations have ensured major ups and downs in the crypto sector. People have lost millions in dissolving in various market declines.

Bitcoin tries to create a reverse, it lacks acceleration

Bitcoin has suffered from a major downturn over the past few weeks. The coin reached $ 69,000 at the end of last year. However, since then, it has lost its gains. This week alone, the coin has plummeted. Bitcoin fell from more than $ 42,500 to below $ 35,000. Nevertheless, the leading cryptocurrency token has been trying to move forward in the last 12 hours. At the time of writing, Bitcoin is just under $ 36,000.

Daily BitTorrent Price Analysis, Atrium, Shiba Ino, BitTorrent - Morning Forecast January 23

Source: TradingView

Bitcoin has grown 1.10 percent, but still performs better than it did in the past few days. Bitcoin is still down about 17% in its weekly price change. The market value of Bitcoin is more than $ 678 billion. Its 24-hour trading volume is about $ 30.65 billion. With more than 18,937,000 bitcoin tokens in circulation, the crypto market flagship seeks to dominate the market and form a recovery pattern.

Atrium crosses $ 2,500 but remains under high pressure

Atrium has a huge community of digital currencies under its banner, as it is known as the market number 2 cryptocurrency. However, the cryptocurrency of popular currencies has suffered a lot in the last few days. Coins have fallen more than 25 percent in the past week. Also, the coin fell to a worrying point of about $ 2300 in the last 24 hours.

However, the coin was able to make some progress by the end of the weekend. ETH has been able to jump forward and cross the $ 2,500 level. Leading Altcoin has followed the bitcoin price trend because both of their charts show a similar picture. However, the market value of ETH has fallen below $ 300 billion. Its trading volume is $ 20.58 billion.

Bitcoin, Atrium, Shiba Ino, Daily BitTorrent Price Analysis - Morning Forecast Jan 23

Source: TradingView

SHIB gains in double-digit percentages, LUNA and CAKE, also show green figures

The market is looking for recovery in the last 24 hours of trading. Many altcoins have at least been able to prevent further losses. But on the other hand, a few coins advanced to regain some of their lost values. Most notably, the SHIB rose approximately 11.80% to $ 0.00002180. The coin suffered severe losses in the recent fall. Therefore, this small upward movement creates a much-needed break for the coin.

Daily BitTorrent Price Analysis, Atrium, Shiba Ino, BitTorrent - Morning Forecast January 23, 3

Source: TradingView

SHIB continues to decline in the market by more than 28%. However, positive emotions are created around the coin. The market value of the popular Meem Quinn has increased to more than $ 11.92 billion and its 24-hour trading volume is over $ 2.14 billion.

Terra (LUNA) and Avalanche (AVAX), on the other hand, also recorded uptrends in the closing hours. LUNA is up more than 7% to $ 67.40. AVAX, on the other hand, is up $ 63, up 7.50%. Both coins are currently at the same price level. However, they both reached the top of the $ 100 mark in the not-too-distant future. They were making up for their losses last week.

KSM and MKR do not improve in a slightly evolving market

The general market after a bloodbath in the last few days is slowly and gradually growing. These coins are trying to end the week positively, so next week will bring more profit for the tokens. However, KSM and MKR have not been able to recover significantly even during these hours. They have not suffered major losses, but their stagnant value indicates a sheer lack of movement.

KSM has lost less than 1% to stay at around $ 187. This coin is ranked 58th in the top digital currencies in the market. However, the coin has lost more than 32% in the last 7 days. This is why investors and traders are reluctant to invest in KSM. The market value of the coin is more than $ 1.43 billion, while its trading volume is slightly less than $ 76 million.

Daily BitTorrent Price Analysis, Atrium, Shiba Ino, BitTorrent - Morning Forecast January 23, 4

Source: TradingView

The MKR, on the other hand, has fallen just 1.30 percent, but cannot set a recovery pattern during these trading hours. The MKR is worth $ 1,843 and has lost more than 17.60% since last week. If the coin stays at its current price, investors may think of abandoning their investments, which will lead to further price declines.

Other than these two coins, the rest of the market looks positive. However, coins such as UNI, TRX, NEAR and BCH have also shown price changes in the last 24 hours. The lack of movement in these coins is a worrying factor for the investing community.

Final thoughts!

A slight improvement in crypto market prices is a positive sign. However, there are still many ambiguities in the market. If the market continues to grow, it may reverse the uptrend. The start of next week will paint a clearer picture of the entire market.