empty
 
 
29.03.2021 05:15 PM
Outlook for ETH/USD, XRP/USD, ADA/USD, and DOT/USD amid strong bitcoin

After a long-lived fluctuation, the cryptocurrency market is returning to stable growth. For example, bitcoin hit a weekly high and now is trading at $57 thousand. A rise in the first cryptocurrency has boosted all other crypto assets, which may increase their share in the crypto market capitalization in the near future.

This image is no longer relevant

First of all, a rising bitcoin will influence the ETH/USD pair that is becoming more attractive every month. The mounting demand is caused by the upcoming upgrade of the cryptocurrency to the version 2.0. This new version will allow the asset to perform 1,000 transactions a second. It will also make altcoin independent from expensive equipment. Despite the fact that creators have postponed the launch of the new version, Lighthouse conducted the first "merge transaction" between ETH 1.0 and ETH 2.0. The operation was successfully performed and they managed to save about 99% of energy. This had a positive effect on the ETH/USD pair. Moreover, this asset may continue gaining in value in April. On March 29, the price of ether approached the level of $1,800 amid the bitcoin's rally.

This image is no longer relevant

Experts also predict a significant rise in Cardano caused by a positive news flow. Thus, blockchain Fluke Networks will soon make a decision on the integration of cryptocurrency. Moreover, in April the Alonzo hard fork could be rolled out. The Alonzo testnet will bring smart contracts to the Cardano (ADA) blockchain. In case of success, the ADA/USD pair will have all chances to hit fresh all-time highs and approach ether in the global perspective. On March 29, the asset was trading at $1,203

This image is no longer relevant

Token XRP has unexpectedly entered the list of the most prospective assets of the upcoming month. Notably, in 2020, it fell in price by 4 times. In 2021, the Ripple company managed to turn the tide in its favor. Not so long ago, SEC officially recognized that the Ripple cryptocurrency is an economically sound and beneficial asset. This announcement boosted the asset despite the overall fluctuation in the market. On March 29, token XRP was hovering near $0.556 on its way to $0.600.

This image is no longer relevant

The tokens of the independent exchange Uniswap, whose daily commission exceeded $4.5 million, can achieve great success. Against the background of the increasing demand for cryptocurrencies and, accordingly, the trading volume, investors' interest in the Polkadot altcoin will also rise. The crypto asset earned a positive reputation when it stabilized its own performance during the recent market instability. As you can see on the chart, demand for the coin is mounting. Technical indicators of Polkadot reflect a possible price breakthrough during the calibration of investors' portfolios, which will occur in the first days of April. On March 29, the price of the DOT/USD pair was $34.2 thousand.

This image is no longer relevant

Artem Petrenko,
الخبير التحليلي لدى شركة إنستافوركس
© 2007-2024
كسب عائد من تغيرات أسعار العملات المشفرة مع إنستافوركس.
قم بتحميل منصة التداول ميتاتريدر 4 وافتح أول صفقة.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    انضم إلى المسابقة
  • إيداع الحظ
    قم بإيداع 3,000 دولار في حسابك واحصل على $8,000 وأكثر من ذالك!
    في مايو نحن نقدم باليانصيب $8,000 ضمن حملة إيداع الحظ!
    احصل على فرصة للفوز من خلال إيداع 3,000 دولار في حساب تداول. بعد أن استوفيت هذا الشرط، تصبح مشاركًا في الحملة.
    انضم إلى المسابقة
  • تداول بحكمة، اربح جهازا
    قم بتعبئة حسابك بمبلغ لا يقل عن 500 دولار ، واشترك في المسابقة ، واحصل على فرصة للفوز بأجهزة الجوال.
    انضم إلى المسابقة
  • بونص 100٪
    فرصتك الفريدة للحصول على بونص 100٪ على إيداعك
    احصل على بونص
  • بونص 55٪
    تقدم بطلب للحصول على بونص 55٪ على كل إيداع
    احصل على بونص
  • بونص 30٪
    احصل على بونص 30٪ في كل مرة تقوم فيها بتعبئة حسابك
    احصل على بونص

المقالات الموصى بها

لا تستطيع التحدث الآن؟
اطرح سؤالك في الدردشة.
Widget callback