Bitcoin gained a 0,30% value during morning hours; the current price is $53.929. According to a research study conducted by crypto asset management teams such as Iconic Funds and Cryptology Asset Group, the ability of crypto investments to positively affect the performance of investment portfolios is superior to other asset allocation models. There is news on the institutional side. According to Darren Jordan, Managing Director of BitGo EMEA, companies regularly ask how to add Bitcoin to their balance sheets.

When we consider the BTC/USDT parity in technical terms, after sharp price movement, Bitcoin retreated yesterday. Although we have not yet received a return signal in the daily metrics, we can see a short-term correction in Bitcoin, which has risen by 36 percent in one week. The level where we expect to find support when retreating is between $51,800 - $52,800.

Ethereum lost a 0,35% value during morning hours, and the current price is $3572. ETH, which began to rise throughout the market, limitedly moved compared to the captain Bitcoin. But yesterday, altcoins performed better against Bitcoin. ETH, on the other hand, gained about 3.23 percent against Bitcoin yesterday.

When we consider the ETH/USDT parity in technical terms, we see that the bullish movement continued yesterday but remained limited. In the 4-hour chart, along with the sell signal from MACD, ETH can retreat. The support levels at $3483 and $3410 can be monitored when retreating. In the daily chart, the outlook is still positive. As mentioned before, our target price of $3680 for ETH, which rose towards $3653 yesterday, is still valid. After surpassing this level, our next target price is $3950.

AVAX gained a 2,10% value during morning hours, and the current price is $63.00. When we consider the AVAX/USDT parity in technical terms, having broken the lower band of the ascending channel recently downward as of Sept. 13, AVAX has been rising towards the lower band of the channel for two days. There are two different scenarios waiting for AVAX. If AVAX begins to accelerate in the ascending channel, price rise can accompany with. AVAX can retreat to $55,9 (Fibo'50) at the 50-day moving average if the rise stays as a retest of the lower channel.

Ripple lost a 0,65% value during morning hours, and the current price is $1,056. A United States district judge has denied the request of XRP investors to intervene in the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs but is encouraging them to offer the court information on the case as “friends of the court.”

When we consider the XRP/USDT parity in technical terms, XRP, which has been testing the $1,097 level (50-day moving average) for the last 3 days, retreats with the resistance at this level. We suppose the sales pressure on XRP will decrease, and there is an acceleration on the way  after the breakout of the 50-day moving average. In the daily chart, MACD gives a buy signal. Although everything looks fine in the daily chart, short-term correction movements can be seen for XRP, where we receive retreat signals in the hourly chart.
 

LTC lost a 0,70% value during morning hours; the current price is $177,1. When we consider the LTC/USDT parity in technical terms, LTC rapidly rose toward $189 (200-day moving average) and closed the day with the resistance near this level. As a result of yesterday's price movement, there is a Doji candle pattern in the daily chart. The doji candle pattern works as a reversal signal. In this sense, although the outlook is negative, it is holding on to the 50-day moving average. If this level is maintained, the rise towards the 200-day moving average will continue again.

LINK lost a 1,00% value during morning hours, and the current price is $26,60. When we consider the LINK/USDT parity in technical terms, LINK, which broke its 50-day moving average ($27) and 200-day moving average ($ 27.50) in an upward direction yesterday, closed the day below these levels, along with the resistance. LINK, which tested its 50-day moving average with the opening of the daily candle, again began to retreat from this level. Due to the inability to break the moving averages, LINK still maintains its horizontal price movement, but in order to find a new demand, LINK can retreat.

BAT gained a 2,00% value during morning hours, and the current price is $0,7497. When we consider the BAT/USDT parity in technical terms, BAT is priced positively while there is decline throughout the market. The BAT, which retested the $0.72 level yesterday, has found support from this level. As of this morning, there is a sharp price movement upwards of 7%. If BAT closes the day above the $0,7428 level (Fibo'61,80), the rise can continue.  As we noted in the bulletin yesterday, with the upward break of this level, our target at $0.84 remains valid.