Quick News : TimeCoin’s Special Token Sale

News

BTC Price Moving Towards $20k, Will NuCypher (Nu) and XVG Hit $1?

Highlights

    Bitcoin price maintains above $19K, showing strong signals of forming a new ATH very soon from now.

    XRP price also rallied above $0.6 and sustains comfortably and expected to touch $1 surrounding the Spark airdrop

    XVG price is also expected to hit $1 by the end of 2021 or before

Bitcoin(BTC) Price Analysis

Bitcoin rally backed by big institutional investors assisted the price to sustain above $19K from the past couple of days. BTC price, however, is expected to get a wider push to touch above $20k very soon.

Advertisement header-banner-ad

The new emerging bitcoin whales have directly or indirectly helped to keep the price less volatile. Bitcoin getting rejected multiple times in between $19,300 to $19,500 is an indication of forming new strong resistance levels at those marks which can be attained shortly.

BTC price chart

As the chart suggests, the Bitcoin price needs to test the initial support levels at $19,435 and later at $19,568 to rally above the highest resistance levels at $19,804. Presently, at the time of writing, the BTC price is $19,352.23 with a correction of 0.16  percent.

  • The present resistance levels are formed close to $19,400
  • The support levels are formed at $18,968
  • The technical indicators point towards a ‘buy’ signal

Also Read: Bitcoin Is the Only and Real Defi, Says Bobby Lee, Member of BTC Foundation

NuCypher (NU) Price

Nucypher price chart

NuCypher price had a good short-term wedge that surged the price to nearly $0.4114 within hours of inception. The community is pretty bullish despite the recent pullback as the token got listed on Coinbase.

At the time of composition, NU price is $0.2597 with a gain of 2.77 percent within 24-hours. 

  • The resistance levels are formed at $0.3086
  • The support levels are formed at $0.24100
  • The technical indicator today is neutral.

Verge (XVG) Price

XVG price chart

Verge token can be considered as among the coins having more price eruption within the 24-hour trading. XVG price is currently heading towards a big pump, which can push the price close to $1.

At present the XVG price at the time of composition stands at $0.006979 with a slight gain of 0.03 percent in the last 24-hours. However, the token had rallied above $0.0079 a couple of days before and as the token is among the most searched tokens, the community is pretty bullish.

  • The current resistance levels are formed at $0.007154
  • The support levels are formed at $0.006707
  • The technical indicator point towards a ‘buy’ signal.

Also Read: Verge Price Prediction – How High Will XVG Price Reach in 2021?

Overall the global crypto market cap touches $574.02 billion with an increase of 0.48 percent in the last working day. The total crypto market volume over the last 24 hours is $111.45 billion at the press time. 

Tags
Show More

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close