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Author Topic: Crypto prices are starting to strengthen again  (Read 7739 times)
aruldaroy (OP)
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February 23, 2022, 02:30:06 AM
 #1

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.



Hopefully there will be more progress for all crypto prices.
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February 23, 2022, 03:45:15 AM
 #2


Hopefully there will be more progress for all crypto prices.
it's hard to think optimistically right now because the market is in a bad situation. Russia-Ukraine tensions, and next month's FED meeting discussing interest rates are the reasons for this situation to occur. maybe today looks green, but tomorrow or the day after we might see another decline. it all depends on the news of the past few weeks. so I'm not too optimistic that the market will improve in a short time.
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February 23, 2022, 04:55:45 AM
 #3

The market has really been bloody in the last few weeks with a lot of coin on a free fall. The green is seriously needed right now. Tired of seeing red everywhere I go. I hope the market recovers soon enough.

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February 23, 2022, 05:10:22 AM
 #4

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.


Hopefully there will be more progress for all crypto prices.

Well the prices has been dumping for the last couple of days and it's just about time that we are seeing some good greens in the last 24 hours.

But, I wouldn't be confident though, still we are in a precarious situation because there are a lot of things that is going around the world that affects the market. So we might see some drops again if the war between Russia and Ukraine continues.

R


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February 23, 2022, 05:12:24 AM
 #5

The market has really been bloody in the last few weeks with a lot of coin on a free fall. The green is seriously needed right now. Tired of seeing red everywhere I go. I hope the market recovers soon enough.

But we are still a far cry from where we at 2021, although we are into green it might not hold though as there could be nervous and inexperience traders just waiting to cash out if they see some recovery on the price.

So it's gonna be a long and hard and grinding year for us. We all know that there are signs that we are in a bear market right now so we must just be prepared for the worst.

R


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February 23, 2022, 06:42:25 AM
 #6

this could be a trap. at this time we should not be too happy, the market can change at any time. today looks green it's good news, but the possibility of a decline tomorrow could happen maybe even worse than the previous one.

if you have already pocketed the profit, then immediately take it.
do not let you regret that you have missed this opportunity. be careful.
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February 23, 2022, 08:10:32 AM
 #7

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.

Hopefully there will be more progress for all crypto prices.

Yes it is true that the market recovered a little yesterday we see a lot of green today too if we are looking at coinmarketcap or coingecko today, but in my opinion it is way to early to already talk about a comeback of cryptos or stuff like that again. I mean in the end it is just normal that we are seeing some slight recovery after we have seen such heavy losses withing a short period of time. Ethereum for example went from around 3100 $ to 2500$ within a few days no it climbed back to around 2700 $ so we are still way lower than we were a week ago. I think we are still not safe yet and the market  remains to be very unstable for at least a while.
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February 23, 2022, 08:18:00 AM
 #8

It's a relief to see the market has recovered a bit (not a lot). It actually feels good to see my portfolio have a new breadth of fresh air. But I'm thinking this  relief rally the market is trying to conjure up might be short lived considering everything that's going on in the market. I mean, all markets not just crypto markets were badly affected. It's not the ideal price increase but it's good to see that we can still have some green days.

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February 23, 2022, 08:21:12 AM
 #9

I would not call it a recovery. We have been on such market since December 2021. Yesterday and the day before we were completely red, today market is green. That does not mean anything yet. One day does not mean anything. The news are silent alto. Nothing has changed, announced or achieve to think that this is a recovery. I would say that you are celebrating too early. I would not be surprised, if on weekend market direction will be changed once again.

R


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February 23, 2022, 09:12:54 AM
 #10

This increase is common not even as an indication of the strengthening of altcoins because in market conditions both bearish and bullish we often see an increase of up to 8% or 10% but soon will back down, actually do not to be happy when looking at the green market but the important things is how can we continue to take profits when the market greens or red.

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February 23, 2022, 09:23:53 AM
 #11

I'm sure cryptocurrency will shine from year to year, it's been proven from 2021 that ATH starts again, the entry of Elon Musk, the trend of DeFi and NFT. They are evidence of cryptocurrencies growing well, maybe a few days ago we experienced a decline but it certainly won't be for long.

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February 23, 2022, 10:06:30 AM
 #12

Do not be surprised whenever the market and most of the cryptos have recovered and go green. It's a normal thing in the market that just after the dip, we're seeing the recovery.
It's not actually a big deal when you see them go back again as they're anticipated to go green just after coming from being red. That's what you'll always going to see as the market just turned red.

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February 23, 2022, 10:49:54 AM
 #13

The crypto market is now beginning to take on a green colour, which is a very nice and exciting time for practically everyone who invested during the bear market. I simply hope Bitcoin's price continues to rise in order to put a stop to this bull market because it's been a long time, and if Bitcoin's price rises, other altcoins will follow suit, and we'll both be happy if we're in profit.

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February 23, 2022, 10:55:59 AM
 #14

Not new to us and really isn't surprising. A drop in price can be just in a meanwhile and pumps will come next. That is why I don't make myself worried in the case I saw a market decline as surely recovery will tend to follow. But, it was too early to say that we are leading to another peak as just a few pumps aren't enough to become our basis unless that becomes consistent.
I'm checking on the market trend not so often, perhaps it was a good sign.

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February 23, 2022, 11:09:11 AM
 #15

Yes, the crypto market has stabilized and some have started to rise again after the last few months the market was slammed into a fairly deep fall, hopefully the bull market will come soon.
Its already recovering and the market is quite affected somehow by thr Russia and Ukraine conflict. Some fud on it that made the community dumo hard, but of course we all hope that it wouldnt continue cause it will literally pulled off all markets when the war escalated further into bloodshed and nuclear.

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February 23, 2022, 11:18:44 AM
 #16

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
The sentiment is going to be bullish again but im not sure if bitcoin will be recovering again caused by it has not yet passed 49k rate. We must waiting for the confirmation from bitcoin to close this week with the bullish candle. This will be a confirmation of bitcoin already entered into the bullish trend again.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
The major coin will always recover once bitcoin recovered as well. I think people know this so well. Whole of market is following bitcoin right now. This is the nature of crypto market when bitcoin is leading whole of crypto market.

Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
Bitcoin is making those big coins to increase again. I would not be surprised to see that happens now.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.
A common thing.

Hopefully there will be more progress for all crypto prices.
Totally pegged with bitcoin and as i said above if bitcoin will determine the future of crypto market

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February 23, 2022, 12:27:14 PM
 #17

I see that too but I do not think it can directly increase so high but if the price can start to increase like today, it will be good for us because we can go back to make a profit. The price of bitcoin and altcoin needs more time to increase and go back to the high price and it seems the price now is tested whether it can continue to increase or it will go down for more. But we can hope the price will increase this week and the next month but I am not worried at all as I am sure sooner or later, the price will be high.

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February 23, 2022, 12:55:30 PM
 #18

I did not need CMC to tell me that  Grin ,,, generally if BTC recovers, everything else in top 100 also moves up but seriously,,, are we getting excited about 8.2% increase for a low cap altcoin?

We still cannot breathe until Bitcoin recovers past 40k, this could all get worse if things in Russia/Ukraine escalate and I guess it is happening already.

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February 23, 2022, 01:20:46 PM
 #19

Hopefully, you will be right. When the money is too divided in different currencies it's difficult to bring back the value to its highest limits.
The competition is too high and there are good projects marketed widely that are being supported firmly by investors. With that, Bitcoin rise might be slower now and I think it will keep on going until the trend ends.
Eyes are on altcoins supporting NFT projects and it's working like a charm.
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February 23, 2022, 01:41:30 PM
 #20

all of coins may get strengthen but this didn't mean the bearish has gone. this may be another bullish trap again like what happened once bitcoin recover to the 44k and then jumped back again to the bottom.Don't you know if what you have seen that in your screen if the whole of crypto are green is just a common thing that happen eventually when the bearish market already done and crypto was doing a small recovery but direction is still unclear as bitcoin able to break its support. It seems like bitcoin is not strong enough to break 40k rate again. I may wrong but this looks so real to happen. The major support already broken and we may go back again to the under 35k.
Im feeling worry about the market right now and possibility if bitcoin may bring altcoin to the hell again soon

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