- The month of February has been bullish for the crypto-verse. World’s largest cryptocurrency Bitcoin broke major resistance level. This indicates a strong upcoming bullish run in the crypto market.
- Not just the king of the crypto world is profitable for traders. But, there are other pocket-friendly investment avenues also which are available for the traders in the cryptomarket and are expected to have a green future.
Ethereum (ETH)
Current price: $208.11
All-time high: $1432.88 USD ( Jan 13, 2018)
All-time low: $0.420897 USD ( Oct 21, 2015)
As per the chart, ETH is all set for a bullish run in the near future, keeping in mind that it has already made good bullish rally since the inception of 2020. It can be said that the bullish crypto market can provide ETH with the support that will be needed to reach its all-time high by the end of this year.
Presently, the price of ETH is around $211.01, with a gain of 7.63%. It is having market capitalization of $23,119,938,287 and the volume traded is around $7,137,990,304. ETH will be aiming to break the next overhead resistance level of $280. However, it will be interesting to watch if it again goes below the $200 level.
Ripple (XRP)
Current Price: $0.281281 USD
All-time high: $3.84 USD ( Jan 04, 2018)
All-time low: $0.002802 (Jul 07, 2014)
Ripple is also one of the coin segment to look out this month. XRP has shown a sharp rising rally this month. BitMEX provided it with the boost by launching a new perpetual swap for XRP.
Currently, the price of XRP is around $0.280923, with the market capitalization of $12,286,5221530, and the overall volume traded is approximately $921,257,080. It is having a gain of 2.49% and expected to continue this bullish run.
The technical indicators, including RSI, which is around 76 level and CCI being in the overbought zone, favors the bulls strongly. The overhead resistance level now for XRP will be $0.31503, and the major support level will be $0.2326.
Cajutel (CAJ)
Current price: $2.76
All-time high: $ 268.48040 (March 23, 2019)
All-time low: $ 0.271824 USD (Oct 14, 2019)
Cajutel is one of the altcoins which has been in the news from the starting of the year. It is planning to take over 80% of internet users in West Africa, which is capable of disrupting the world of telecom. This will help Cajutel to take over the whole telecom sector by storm and bringing up a new 4G revolution.
Talking from the technical aspect, Currently, the price of Cajutel is trading around $2.41 with a gain of 4.28%. The market capitalization is around $1,536,425, and the 24H volume traded is $1,885.
It is expected that we can see a bullish rally in the long term from this coin and can touch its all-time high in the near future, keeping in a note that Cajutel has strong long term fundamental projections. The next overhead resistance level will be around $3.10 and the support level of $2.00.
CAJ is likely to break its all-time high, and it can go up to $5000 per CAJ according to the whitepaper. It is yet to see if this real-world project could amaze the decentralized world with its growth and can contribute towards the mainstream adoption of cryptocurrencies and blockchain.
Cardano(ADA)
Current price: $0.060200
All-time high: $1.33 USD (Jan 04, 2018)
All-time low: $0.0173554 USD (Oct 01, 2017)
Cardano is all set for making a bullish run in the market. However, it should sustain above the support level of $0.586027. Currently, the price is around $0.060028, providing a gain of 2.76%. the market capitalization is $1,557,003,712 and the volume traded is around $76,099,780.
The next overhead resistance is at $0.065229. For long term holding, we can expect the rally to reach around $0.08. However, if it breaks the major support level of $0.052, that can indicate a major downfall.
NEM(XEM)
Source: CoinmarketcapCurrent Price: $0.060904
All-time high: $2.09 USD ( Jan 04, 2018)
All-time low: $0.000079 USD (Sep 15, 2015)
NEM has been the most successful altcoin in today’s market with a gain of 20.53% and is currently trading at the price of $0.061677. The market capitalization is around $549,066,259 and the 24h volume traded is $50,837,176.
NEM is making a bullish rally from the starting of this month and also making some sharp bullish movement, which is reflected in the chart. The next overhead resistance for NEM is around $0.065455, which can break if it carries the same bullish rally.
Currently, it is trading around the price of $0.06074 with the market capitalization of $550,656,822, and the 24h volume traded is $50,946,202. The Support level is around $0.050500.
QASH(QASH)
Current Price: $0.055452 USD
All-time high: $2.49 USD (Jan 14, 2018)
All-time low: $ 0.039970 USD ( Dec 28, 2019)
Qash is currently trading at the price of $0.054516 and with a gain of 0.39%. It can be a low value and pocket-friendly investment for traders.
The market capitalization of QASH is around $19,093,066, and the 24H volume traded is around $371,447. As the CCI remains mostly in the positive and overbought zone, the bulls are favoring QASH to take a rising rally ahead.
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