The crypto market is showing signs of a comeback. In this new year of 2023, it is important to understand the potential of each cryptocurrency. Saying that a specific cryptocurrency is going “to the moon” is never enough. In this crypto prediction article, we analyze Bitcoin, Ethereum and MATIC in the coming month of February 2023.
Bitcoin Price Prediction: BTC above 25K?
Bitcoin prices managed to break the resistance price of $21,200. Since then, prices continued on a steady uptrend. In figure 1 below, we can see how prices are attempting to break the second resistance of $23,400. If this is done successfully soon, BTC should continue higher and reach the area between $26,000 and $28,000 by the end of February 2023.
Ethereum Price Prediction: ETH to 2K?
In a previous article, we spoke about how Ethereum formed a descending triangle pattern. We also predicted that ETH would rebound at the lower bound and then attempt to break the upper triangle. This is exactly what happened, as Ethereum prices hover above $1,600. If the crypto market continues higher, ETH should reach the price area between $1,750 and $2,000 as a stretch.
MATIC Price Prediction: Lower Retracement in sight
MATIC prices broke the resistance price of $1 and continued higher. In a previous crypto prediction article, we analyzed MATIC prices from a technical perspective and layed out potential targets. MATIC should definitely reach $2 if the crypto market continues higher in the month of February 2023. However, we expect MATIC prices to adjust lower after such a price increase. This would slow down MATIC’s uptrend, reaching towards the end of February anywhere between $1.3 and $1.5.
Introducing the CryptoTicker Podcast
Every Wednesday, you can tune in to the Podcast on Spotify , Apple and YouTube. The episodes are perfectly tailored for a duration of 20-30 minutes to quickly and effectively familiarize you with new topics in a fun setting on the go.
Subscribe & never miss an Episode
Spotify– Amazon – Apple – YouTube
- Can Shiba Inu Price Reach 10 Cents?
- Bitcoin Price Prediction: 25K reached, what’s next? BTC at 30K?
- Ethereum Prediction for February 2023: This Chart confirms $2,000?
- Ethereum Price Prediction for March 1, 2023 – ETH Reaching HERE?
- Shiba Inu Price Prediction: How High can SHIB Price reach by 2030?
- XRP Price Crash: DON’T Buy XRP Coin yet, wait for this Price…
- Bitcoin Price is NOT Looking Okay…This 4-hour Chart is Alarming!
- Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023?
- Don’t Miss on MATIC anymore! Buy MATIC at the next DIP?
- Top 3 Altcoins to BUY in February 2023 – Best Crypto Investment!
- MATIC Price Flying HIGH! Can MATIC reach $2 now?
- The Big Ripple Price Prediction for 2023 – How high can the XRP price go in 2023?
- THIS Trader believes Bitcoin will CRASH to $10,000…is this Possible?
- Crypto REVIEW for January 2023 – will February continue to be GREEN?
- SPOT ON Bitcoin Price Prediction: THIS Price is coming NEXT!
- Polygon MATIC Price EXPLODES! Will MATIC reach 2$ soon?
- Cardano up 10% as the crypto market retraces: Potential to Buy ADA?
- Shiba Inu to Reach 1$ soon? This New Upcoming Development Proves it Right
- Conservative Prediction: Can XRP reach $5 in 2023?
- Tron Price is about to DOUBLE? THIS Chart confirms…
- XRP Price Prediction for February 2023 as the Crypto Market EXPLODES!
You might also like
More from Altcoin
An AI Bot predicted Polygon MATIC price by the end of 2023…NOT GOOD?
Matic prices are currently retracing. How high can MATIC price reach by the end of 2023? Well, an AI bot …
Top 5 Cryptocurrencies Of The Week – Week 9
We have compiled a list of the top 5 cryptocurrencies of the week based on their performance over the last …
What is Cardano VOLTAIRE? Will this Update drive ADA to 1$?
Voltaire is the final development phase for Cardano. What is Cardano Voltaire? Can Voltaire be the final step to trump …