Bottom signals are seen in Doge, XRP and Left Prices: Bitcoin Investor Umutlu
Bitcoin and large subcoins are balanced at support levels despite sales pressure in the last few days. While the bottom signals are observed at DOGE, XRP and left prices, investors' interest in long -term crypto continues.
📉 The crypto market resists despite the uncertainty: Bottom signals and corporate hope
Although the recent profit realization, geopolitical blood pressure and US-China Trade War concerns were suppressed by the crypto market, the balance of prices in Bitcoin and large subcoins at the support levels of the large subcoins reunited long-term hopes in investors.
💸 Bitcoin is around 105,000 dollars
Bitcoin, which started at the level of 105,000 dollars in the week, has not changed significantly in the last 24 hours, but lost 5 %compared to last week.
Similarly:
Ethereum (ETH) $ 2,495
XRP 2.17 dollars
Solana (left) 155.81 dollars
Cardano (Island) 0.68 dollars
Dogecoin (Doge) is traded around $ 0.19.
They all give the bottom signals technically by clinging to short -term support levels.
🧭 Long -term view: positive
LVRG Research Director Nick Ruck says that the crypto market slows down due to macroeconomic developments and says:
“Inflation, trade wars and uncertainties about the US economy create pressure in the short term. However, the long -term appearance is strong, more and more users and institutions are involved in crypto.”
🌐 Geopolitical risks are followed
China’s announcement that the US has new restrictions on AI chips and software exports increased the risk perception of investors.
BTSE COO, Jeff Mei, emphasized that investors should pay attention not only to China-US developments, but also the headlines such as Russia-Ukraine voltage and US macro data.
🏦 Corporate interest is increasing
Hashkey Cloud Research Manager Kathy Qu, said investors turn to “tradfi -friendly” assets such as Bitcoin and XRP, and ETF expectations may increase their institutional entry.
In addition, the stinging and defi areas are re -revived with real world asset tokens and Ethereum ETFs. This trend is expected to strengthen with Stinging exemption.
Despite short -term storms, the basic dynamics of the crypto market are strengthened. Technically, the subcoins that reach the bottom levels and the increasing institutional interest can form the basis of a new rise.
