- 1 This week has been outstanding for the crypto market as BTC and other cryptos surged sharply.
- 2 BTC crossed the 45K mark for the first time in 2 years.
The year started with a bang for the crypto community as the market is showing robust growth. BTC crossed the $45,000 mark for the first time after 2022 and gave a spectacular return of more than 150% last year. Moreover, other coins like BCH, UNI, LDO, and others are surging as well.
Bitcoin (BTC) Price Analysis
Bitcoin is surging high this week showing a robust growth of 6.19%. At the time of writing, it was trading at the level of $45193 with an intraday growth of 0.47%, the 24-hour volume of the coin is 30.839 Billion with a market cap of $884.877 Billion.
On 2 Jan 2024, the Price opened at the level of $44187 and touched a high of $45922 almost the level of $46k. This week the price might break the level of $46,000 as the upcoming Bitcoin spot ETF approval is on the way.
Source: TradingView
Bitcoin Cash (BCH) Price Analysis
Bitcoin cash showed a remarkable growth of 14.30% and currently trading at $264.07 with an intraday growth of 2.70%. The 24-hour trading volume of the BCH is 275.728 million with a fully diluted market cap of $5.142 Billion.
Moreover, two resistance levels have to be cleared – first, $267.00 and the second, $310.00. BCH is trading above the key moving averages and the MACD and RSI are showing bullish momentum which is likely to last in the coming week.
Source: Tradingview
Uniswap (UNI) Price Analysis
Uni price forecast indicates that the Stellar crypto may see a further surge in its value within the upcoming weeks. Currently, the buyers are in charge of the trend. They have maintained a firm command over the price although the buyers attempted to take control. Despite the bullish optimism, the buyers were unable to break through $8.261 and dropped by 0.31% last week.
Source: Tradingview
Currently, the UNI is trading at the level of $7.345 with an intraday surge of 2.30%. The 24-hour trading volume is 134.692 Million with a market cap of $4.39 Billion. Currently, it is trading above the key moving averages and showing bullishness.
Lido DAO (LDO) Price Analysis
Lido DAO is showing remarkable bullish momentum with 35.93% growth in the week. Buyers are accumulating the crypto and the price might breach the $5 level in the next few sessions.
At the time of writing, Lido DAO crypto was trading in a bullish zone with a remarkable gain of 15.27% for the intraday which indicates bullishness on the charts. The trading volume for the day was 153.887 Million, showing a buying activity is growing among buyers. The market cap of TRB crypto is $2.934 Billion.
Source: Tradingview
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions
Amanda Shinoy
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
