Bitcoin lost a 1,05% value during morning hours and is priced around $43.447.
Research notes for the outlook for the leading cryptocurrency say that the digital asset could rally up to $200,000 in the second half of 2022.

When we consider the BTC/USDT pair technically, BTC broke the downtrend as of November 10, on Friday along with sharp sales and continues its upward movement. Along with the downtrend, BTC, which broke the resistance zone at $39,000-40,500  and the $42,669 level (50MA), could hold above those levels in the daily chart. Although the doji candle formation was formed as of yesterday's close, as long as the persistence above 50MA is provided, the $49200 level (200MA) could be targeted.

Ethereum lost a 0,90% value during morning hours and is priced around $3086. The research firm, which provides services to clients in a range of investment vehicles, including digital assets, said it expects the second-largest cryptocurrency by market cap to see a huge rise in 2022. FSInsight highlighted that the digital asset has the potential to return more than 250% from its present value by the end of the year.

When we consider the ETH/USDT pair technically, ETH broke the short-term minor trend upwards and could hold onto $2985 (the resistance zone). ETH, which started the new week positively, has been testing the resistance level, which coincides with the major downtrend, for the past two days, and encounters resistance from this zone. If ETH breaks the level of $3210 (50MA and Fibo'50) downwards, rise can continue. Otherwise, a pullback towards the $2985 levels could be seen.

AVAX gained a 0,76% value during morning hours and is priced around $87,35. When we consider the AVAX/USDT pair technically, AVAX, which sharply fell to $50, broke the major resistance level at $79,80 upwards. So, the sales pressure decreased and there is an upward acceleration. If AVAX, which has tested its 50-day moving average for the past two days, persists above this level in the daily chart, it can also break its downtrend upwards and it is expected to experience an acceleration in the upward direction.

Ripple lost a 2,70% value during morning hours and is priced around $0,8494. The price of XRP, the native currency of the XRP Ledger, has returned over 36% in the past few days after the number of active addresses on the network soared to an all-time high above 200,000.

When we consider the XRP/USDT pair technically, XRP has finished its sideways trend, as we mentioned in the last daily newsletter, and broke the zone upwards. After the breakout, sharp rises occurred. XRP, which broke both the major downtrend and the 50MA level, continues to rise towards $0.9591 (200MA).

LTC gained a 1,40% value during morning hours and is priced around $135,1. When we consider the LTC/USDT parity technically, LTC, which has seen a horizontal price movement between $113,1 and $ 104,9 for a long time, broke the $113,1 level upwards along with gains through the market for the last fews days. Facing resistance from this zone, LTC retraced and held above the $132.9 level (50MA). The rise towards $145 can be seen, if it does not break the 50MA level downwards.

LINK lost a 2,00% value during morning hours and is priced around $17,95. When we consider the LINK/USDT pair technically, there is no major change in the outlook, as we mentioned in the daily newsletter yesterday. LINK continues price action inside the ascending channel as of July 2020 in the weekly chart. And it surged after finding support from the channel lower line. For LINK, which did not break the blue-marked demand zone to the downside, the upward trend is expected to continue towards the $20.79 level (50MA level).

BAT lost a 0,90% value during morning hours, and is priced around $0,9122. When we consider the BAT/USDT pair technically, BAT has repeatedly tested the uptrend that has existed since June 2021 and broke it upwards again. Following this breakout, BAT faced a high demand. The first resistance level is $0,9555. BAT faced a reaction from the level of $0,967, after rising up to the downtrend that existed since November 28 and the Fibo'6180 tranche. If the breakout of the long-term uptrend occurs, a pullback towards the $0.80 levels can be seen.