The Altcoin market witnessed a comprehensive growth in January after Donald Trump returned to the White House. In January, the official Mimi coin gained great lighting as many ATHS recorded within a few hours. As a result, January was a rock month for the market. Several cryptocurrencies have only reached their highest levels, shortly after a short period of time. Despite this rise and landing, some cryptocurrencies wore and are now close to important price levels. This may mean that they may reach new levels in February.
Historically emerging encryptions in February
Current currency prices can work well in February based on previous trends. Historically, the value of bitcoin and ethereum usually increase this month. Historical data indicates that bitcoin and other cryptocurrencies usually witness an increase in prices in February.
According to Coinglass, the price of Bitcoin decreased only twice since 2013 and increased by 43.5 % last February. Ethereum also did not witness only one decrease in February since 2017. In February, it recorded a profit of more than 46 %.
Binance (BNB) price analysis
The price of the Binance (BNB) was climbing slowly and trying to maintain a level exceeding $ 680. However, sellers are still controlling, and they prevent any significant increase after the initial re -tension level by 23.6 %. Currently, the BNB price is $ 677, as it has decreased more than 0.7 % in the past 24 hours.
The BNB/USDT trading pair aims to $ 680 and can exceed 23.6 % Fibonacci. With the RSI (RSI) Index at 51, slightly higher than neutrality, there is a possibility for a constant interest in buying BNB.
If the price rises above $ 700, we may see a bullish direction in February.
Geto price analysis
The price of Geto returned to a major level, indicating that buyers were interfering at lower prices. Although the price of Geto touched $ 3.5, it failed to maintain the request of buyers. As of the writing of this way, the JTO price is trading at $ 3.37, as it has decreased more than 0.8 % in the past 24 hours.
This landmark may continue in the first week of February. There is a little resistance with an average price of 50 days of $ 3.63, but it seems that it may be overcome soon. The JTO/USDT trading pair can reach $ 4.3 and then up to $ 5.6.
Oondo Price Analysis
Oondo Price managed to keep a 20 -day average of $ 1.5, but it is difficult for buyers to raise the price. As of the writing of this way, the price of the UNDO is trading at $ 1.48, as more than 6.8 % decreased in the past 24 hours.
Sellers aim to reduce the price and keep it less than the trend line at $ 1.3. If it succeeds, the Ondo/USDT trading pair may decrease to an average price of 50 days of $ 1.1. Buyers are likely to enter this stage to keep the calligraphy, as the average decrease of 50 days may send the price to $ 0.9.
However, if the price can rise and close more than $ 1.65, this downward view will prove wrong. The husband can then rise to a new ATH in the coming days.
