DAILY CRYPTOCURRENCY NEWS

US GDP Comes Higher Than Expected

US growth data (GDP) was released yesterday evening. In the growth data announced as 3.2% last month, the expectation was 2.6% this month. Growth in the economy was announced as 2.9%, above the market expectation.

Polygon Leaves Ethereum Behind in Daily Active Address Data

The number of active addresses of Polygon managed to rise further with the price movement. Polygon managed to increase the number of active addresses to over 340,000 levels. With collaborations and price movements, it was able to increase the number of DeFis on the network by 20%. With the number of active addresses exceeding the 340,000 level, Polygon left Ethereum behind in this area and ranked 2nd after BNB Chain.

Polkadot Rises to the Top in Developer Activities

There has been a significant increase in developer activity of the Polkadot network, which is described as the "blockchain of blockchains". Polkadot took the first place in the data of development activities on the network, leaving Cardano behind. Although developer activity is a positive data about the network, it is not of great importance in terms of pricing and performance. 

Amazon NFT Program May Begin in Spring

Amazon, one of the world's largest technology companies, plans to enter the world of digital assets and NFT in the spring semester of 2023. It is claimed that the company's general focus is NFT-based games and applications, and that they are working on games in the concept of playing games and getting NFT rights in return.

Key Remarks by the Digital Asset Manager of the World Economic Forum

At the meeting held in Davos, one of the most important topics was blockchain adaptation and digital assets. Brynly Llyr, Blockchain and Digital Asset Manager at the World Economic Forum (WEF), who made statements on this subject, stated that she expects the real-world adaptation of blockchain technology to accelerate and advance in 2023.

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 439653.68 TRY

Bitcoin is priced at $23,026, up 0.06% as of today's morning hours. BTC, which saw a selling pressure, although not abrupt, with the announcement of GDP data above expectations, retreated to the 22,600 support during the night hours and made a comeback from here. BTC, which tested the 22,150 level all day yesterday but failed to break it, managed to quickly return to the 23,000-23,100 region, although it retreated after the data. We see that the horizontal movement in BTC in the range of 22,200-23,300 continues, and in this range, the 22,550 and 23,100 regions affect the price movement as support-resistance. By following these levels, we think that Bitcoin can take advantage of intraday opportunities.

SUPPORTS 22.641 / 22.266 / 21.966
RESISTANCES 23.316 / 23.616 / 23.991

BITCOIN [BTC] 439653.68 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 30412.21 TRY

ETH, which lost 1.44% of its value as of the morning hours, is priced at $ 1578. Following the return to the descending channel movement in Ethereum, first the channel upper band and then the channel lower band were tested, and after the return from the channel lower band, the channel managed to rise to the middle band level. In ETH, the important levels in the channel movement today appear as 1545-1885 and 1620 dollars, while we can say that the 1600 dollar level can also work as resistance.

SUPPORTS 1487 / 1521 / 1552
RESISTANCES 1521 / 1651 / 1683

ETHEREUM [ETH] 30412.21 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 391.91 TRY

AVAX is trading at $17.97, down 0.50% as of morning today. The rising triangle in AVAX continues its movement. AVAX, which retreated a bit after testing the 18.25 resistance yesterday, is currently pricing in the $18 zone. In AVAX, the support of the triangle pattern is located at 17, the resistance zone is at 18.20.

SUPPORTS 16,05 / 16,75 / 17,40
RESISTANCES 18,75 / 19,45 / 20,10

AVALANCHE [AVAX] 391.91 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 7.85 TRY

XRP, which lost 1.17% of its value in the morning, is priced at $ 0.4044. After the reversal from the resistance zone of the ascending channel movement seen on the 4-hour chart in Ripple, the channel managed to break the mid-band by testing it on the downside yesterday. We can say that the most critical support zone in XRP is 0.37, but before 0.37, the 0.3980 region will also work as a support and in the upward movement, the critical resistance zone will be 0.4170.

SUPPORTS 0,3838 / 0,3917 / 0,3991
RESISTANCES 0,4144 / 0,4223 / 0,4297

RIPPLE [XRP] 7.85 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 1692.51 TRY

LTC is trading at $87.39, down 0.15% as of morning hours. In Litecoin, we see that the horizontal channel movement has reverted overnight from the support level of 85.90 and risen to 87.40. If the resistance in the 88.30 region can be broken, we think we can see a rise up to the channel mid-band of $89. In a possible pullback, we can say that 85.90 will be critical.

SUPPORTS 85,97 / 84,36 / 82,44
RESISTANCES 89,50 / 91,42 / 93,03

LITECOIN [LTC] 1692.51 TRY +7.00 +0.03 VOL 21 LTC

LINK is down 0.21% at $7,156 today. In LINK, we see that the level of 7.16, which is the resistance zone of the horizontal movement, is also the middle band of the upward movement. Although we think that the breakdown of this level will not be easy, we can say that the next resistance level will be in the 7.40 region in case of a breakout.

SUPPORTS 06,43 / 06,64 / 06,91
RESISTANCES 07,40 / 07,60 / 07,88

BASIC ATTENTION TOKEN [BAT] 5.06 TRY

BAT is trading at $0.2558, down 1.92% as of morning hours. BAT continues its rising channel movement. BAT, which broke below yesterday after repeatedly testing the channel mid-band after a reversal from the resistance zone, is still pricing in the channel mid-band region.

SUPPORTS 0,2210 / 0,2361 / 0,2460
RESISTANCES 0,2710 / 0,2861 / 0,2960

BASIC ATTENTION TOKEN [BAT] 5.06 TRY +7.00 +0.03 VOL 21 BAT

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