End of Week Price analysis 2/2/2020
End of Week Price analysis 2/2/2020


Today is Sunday the 2nd of February 2020, and we come to the end of quite a good week for the cryptocurrency market as prices seem to be increasing at a healthy rate.

 

BITCOIN

On the 26th of January, BTC closed at around $8,466 USD. As of writing this article, the BTC price is $9,362 USD. This is an increase of about 10.5%, which is an absolutely brilliant increase and heralds immediate future growth for the BTC and the rest of the crypto market, with bitcoin potentially being able to hit $10,000 USD.

 

ETHEREUM

ETH ended 26 January at $163 USD, and right now is valued at $186 USD, which is also it's weekly high. This is an increase of just over 14%. If this growth continues, ETH could easily hit $200 USD.

 

BITCOIN CASH

BCH ended 26 January at $331 USD, and is currently at $378. The midweek high was at $395 USD. So over the course of one week BCH has increased by 14%, which is still very good, but has dipped in price over the past 3 days.

 

TRON

TRX is an ever sluggish coin, but this week experienced relatively huge price increases, jumping from around $0.0164 USD to $0.0192 USD, an increase of over 17%. TRX looks sure to hit $0.02, and could even hit $0.022 at this rate.

 

TEZOS

XTZ ended the 26th of January at a nice round $1.50, and today rests at $1.74, a healthy growth of around 16%.

 

DASH

DASH was $108 USD on the 26th, and today is $116. It is not a brilliant growth, claiming 7%, but it is still a good growth. DASH has dipped in the past 3 days however from its 7 day high at $126.

 

 

 

CONCLUSION

Overall this week saw general healthy growth across the board for the cryptocurrency world, and prices are looking to continue in a similar upward fashion for the at least the next week.


manilpwn
manilpwn

Head programmer of the Miasma cryptocurrency Also write on medium under the name Kayde Smith


The history and public view of cryptocurrencies
The history and public view of cryptocurrencies

In this blog, I examine how the public views cryptocurrencies, and how the situation we are in today came to be.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.