By now, it’s lunch time again. For us, a good time to take a look at the live Bitcoin price and the prices of the top 25 crypto coins. In addition, we see how the market is showing bullish and bearish signals for various coins. Naturally, we share these.
We start with the live Bitcoin price and the prices of the top 25 crypto currencies.
Live Bitcoin price rises, sentiment top 25 crypto coins also positive
At the time of writing, the live Bitcoin price is quoting EUR 42,094.93 ($47,563.79). This is 1.59% higher than during yesterday’s Bitcoin lunch.
The prices of the top 25 crypto coins show a mixed picture. We still note a few small losses, but they are less than 1%. By far most crypto currencies show a positive result. Algorand (ALGO) is the most popular with +17.77%. On the Tradeincrypto.com site, we see that more crypto coins, including newcomer Near (NEAR), are notching up double-digit gains when we look at live crypto prices.
Bull and bear signals divide crypto
With price fluctuations, we see bull and bear signals for crypto alternating. We list some important indicators.
Bull signals for Ripple (XRP), Cardano (ADA) and Binance token crypto
We begin with the rise of crypto listed on Binance’s blockchain. These so called BEP-20 tokens are currently not yet seen in the top 25 and that’s why we won’t discuss them more extensively here. Nevertheless, these crypto are becoming more and more popular. In this article, you will read why PancakeSwap (CAKE), BakeryToken (BAKE) and Alpha Finance Lab (ALPHA) are mentioned as buying tips.
One of the crypto currencies that had a tumultuous year was Cardano (ADA). After great growth, a dip followed. This was reinforced by the announcement that the coin will be partially banned by eToro in 2022. Nevertheless, the coin is holding up because this crypto is seen by many experts as ‘better than Bitcoin’ and ‘Ethereum-killer’. Crypto investor Tom Gentle therefore sees a strong opportunity to buy based on technical analysis. The current Cardano (ADA) price is $1,366.
If the market is always right, Ripple (XRP) could see a sharp rise in price. A positive ruling or settlement in the case against the SEC would of course be important, but we also see investors transferring their Ripple (XRP) massively from the exchange wallet to a private wallet. They are thus anticipating a significantly higher price than the current Ripple (XRP) price, which is at $ 0.849.
Still, there is no reason to look forward to the next record rally jubilantly. Indeed, the data on large transactions also show a bear signal for two other major crypto.
Important bear signal for Bitcoin (BTC) and Ethereum (ETH)
The two largest crypto exchanges (measured by market capitalization) are actually seeing a big shift of coins from private wallets to the exchange. This could indicate that investors want to take their profits (or limit their losses) and exit the market.
This could be triggered by price movements after expiration of Bitcoin and crypto options scheduled for tomorrow. As we saw, Bitcoin (BTC) is currently posting modest gains as is Ethereum (ETH). The Ethereum (ETH) price is at $3,741.67.
Make money with crypto between Christmas and New Year without investing?
So, as we slowly count down to the oil balls and the new year, we see a volatile market, in which there is to earn, but also to lose. If you want to make some money before the end of the year without investing in crypto, this article might be a good read.
Want to stay informed about the latest price developments?
You can always follow the developments yourself with our WANT crypto analyses or the background articles and previews on the crypto market and Bitcoin. Of course, you can also follow the live quotes 24 hours a day if you want to stay informed in real-time. Are you interested in other investments besides crypto? Then you might want to read our weekly price forecast.
Note: We never give financial advice, so our contributions should not be interpreted as such. Always do your own research and decide rationally if, when, what and how much you want to invest.