Cryptocurrency prices had a good performance this week, with Bitcoin rising to $26,000. Among the top performers was tomiNet, which jumped to a record high, while VeChain price soared after being listed by Coinbase.
Franklin Templeton’s decision to apply for a Bitcoin ETF and Deutsche Bank’s move to offer crypto custody solutions were among the most important news this week. Hedera Hashgraph launched Stablecoin Studio, while Telegram integrated Toncoin and Coinbase added VeChain to its platform.
This article looks at the price predictions of tomiNet, XDC Network, and VeChain.
tomiNet Price Prediction
tomiNet was one of the top breakout stars in the crypto industry this week as it surged to the highest level on record and moved into the top 100 of the biggest cryptocurrencies. Its market cap surged to over $268 million.
The likely reason for the jump is that traders are pumping the token, as there was no major news in the ecosystem. On the two-hour chart, the token rose above the key resistance level at $3.60, the highest level on 11th September. It has moved slightly above the 25-period moving average while the Relative Strength Index (RSI) has moved above the overbought level.
XDC Network Price Prediction
XDC Network token price made a strong bullish comeback after falling to a low of $0.050 on Monday. On the four-hour chart, the pair managed to cross the upper side of the falling wedge pattern. This is one of the most popular bullish signs.
XDC price has jumped above the 50-period moving average and is approaching the resistance level at $0.058, the highest level on September 8th. Therefore, because of the falling wedge pattern, there is a likelihood that the token will continue rising as buyers target the key level at $0.60.
VeChain Price Prediction
VeChain price jumped sharply after the coin was listed by Coinbase, one of the biggest exchanges in the world. It rose by more than 17% from its lowest level on Monday. As it jumped, the coin flipped the important resistance level at $0.016 (August 29th) into support.
VeChain has moved above the 25-day and 50-day moving average while the MACD has jumped above the neutral point. The price is also above the Ichimoku cloud. It is likely that the token will retreat in the coming days as the bullish momentum fades. If this happens, the coin will likely retest the support at $0.01680.
How to Buy VeChain
Bitvavo is a platform launched in 2018 which bridges the gap between traditional currencies and digital assets. Bitvavo makes digital assets accessible to everyone, offering transparent fees, a wide range of assets, and an easy-to-use platform.
Coingate is a Lithuanian-based fintech company founded in 2014. The payment gateway offers cryptocurrency payment processing services for businesses of any sizes. Permission-based account management, fiat payouts to the bank account, and the brand new email billing feature are some of the advantages of using CoinGate.
