Bitcoin lost a 0,55% value during morning hours; the current price is $43.616. Despite the decline in the share prices of technology companies with valuation multiples that rely on energy and could be vulnerable to faster-rising inflation, “crypto stocks” like MicroStrategy, Coinbase, Square, and Paypal that trade at much higher valuations and have direct exposure to Bitcoin and Ethereum, were less affected. In this sense, we suppose companies might add Bitcoin to their balance sheets against the risk of inflation in the coming period.

When we consider the BTC/USDT parity in technical terms, yesterday, BTC broke resistance levels at $42.235 (Fibo'61,80) and the $42.000-42.600 band upward Having closed the month overnight at $43.824, BTC sedated the investors with the above levels. BTC might retest the resistance level at $44.250 (downward trend), and go up if an upward break comes into existence. The $42,250 level should be followed within retreating.

Ethereum gained a 0,40% value during morning hours, and the current price is $3010,33. The data shows that crypto investor worries increase about China's ongoing cryptocurrency bans and heavy regulations that make US-based traders switch to DeFi protocols and DEX. As the demand on the sectors relies on the Ethereum network, ETH crypto value will increase, too. Also, Canadian exchange-traded funds (ETF) provider Evolve Funds Group has launched the country’s first multi-crypto ETF on the Toronto Stock Exchange, the Evolve Cryptocurrencies ETF. There will be a money flow into ETH through funds in the next period, in our opinion.

When we consider the ETH/USDT parity in technical terms, having risen with the monthly support at $2798, ETH broke the resistance level at $2901 upward yesterday and closed the day above this level. In the daily chart, MACD goes well, and we expect a rise for ETH in October. $2798 is the monthly support level against possible short-term retreats.

AVAX lost a 1,30% value during morning hours, and the current price is $65,44. When we consider the AVAX/USDT parity in technical terms, AVAX moves in the lower band of the major channel as of Sept. 13. In the 4-hour chart, AVAX has stagnated price movement.  MACD continues to give a buy signal. If the band goes down, there will be a pullback to the $61,5 and then $57 levels. With the upward break of the descending trend, the first price target is the level of $78 (the mid-level of the channel).

Ripple lost a 0,15% value during morning hours, and the current price is $0,9520. Ripple has launched a $250 million "creative fund" to create scenarios using non-fungible tokens (NFT) for creators, brands, and marketplaces. The future project partnerships and agreements will have a positive impact on the price in the next period, we suppose.

When we consider the XRP/USDT parity in technical terms, XRP, which continues its downward trend as of September 10, has breached the trend upwards this morning. In the daily chart, stochastic gives buy signals. But we need to wait for the signal approval by the daily close. XRP, which has gained upward momentum with the trend break, has seen resistance at $0,9632 (200-day moving average) this morning. Along with the upward break, the next price target is $1,045.

LTC gained a 0,40% value during morning hours, and the current price is $154,3. When we consider the LTC/USDT parity in technical terms, LTC, which rose with the support at $141.3 (Fibo'38.20), yesterday broke its downward trend of $152 as of September 6 and closed the daily candle above this level. In the daily chart, MACD goes well. So, we can say the downward trend has ended. LTC, which is priced just below the $155.40 (Fibo'50), if it breaks this resistance level upwards, the next price target is the $165-170 band.

LINK lost a 0,90% value during morning hours, and the current price is $23,82. When we consider the LINK/USDT parity in technical terms, LINK, which recently began its upward price movement with the support found at $22.05 (Fibo'50), LINK's support line is between Fibo'61,80 and Fibo'50 tranches. In the daily chart, MACD has not yet given a buy signal. LINK saw a reaction from the resistance at $24,2-24,8 yesterday. A break will determine the LINK price direction. If an upward break occurs, we expect that the downward trend existing as of September 6 will go off.

BAT lost a 1,20% value during morning hours; and the current price is $0,6249. When we consider the BAT/USDT parity in technical terms, having had an upward direction with the support at $0,557, BAT broke the downward trend that existed as of September 6 upward and closed the day above this level. There is a notable recovery in the MACD, and we suppose that the buy signal will also come in the coming days. As mentioned in the bulletin yesterday, if the downward trend breaks and BAT closes the day above this level, it will resolve from sales pressure, and horizontal/rising price movements will follow. Although there is a possibility of a short-term horizontal price movement for the BAT, we think that the rises will begin.