Bitcoin gained a 0,38% value during morning hours; the current price is $50.963. When we consider the BTC/USDT pair technically, BTC, which broke the major downtrend corresponding to its peak level of $69,000 last week, retested this trend over the weekend. In the daily chart, the metrics give a buy signal for BTC, which closed yesterday positively. The upward break of the $54.575 level (50MA) for BTC, whose next nearest resistance level is $52.950, may bring more dramatic rises.

Ethereum lost a 0,20% value during morning hours, and the current price is $4068. Since November 9, 2021, the Ethereum network fees have been cut more than half.  At the time, the average fee for moving Ethereum was $62.84 per transfer, and since then, the fees have dropped 62.85% to $23.34 per transaction.

When we consider the ETH/USDT pair technically, ETH broke the stagnated zone that exists as of December 10 broke the upward trend last week and the major uptrend and the resistance zone marked with blue. In the daily chart, ETH holds onto those levels and metrics give a buy signal. The positive outlook prevails for ETH, which has reached its weekly candle close above $4000.

AVAX gained a 0,50% value during morning hours, and the current price is $115,32. When we consider the AVAX/USDT pair technically, AVAX, which has been continuing its price movement within the ascending channel since August, the rise towards $127 occurred. AVAX, which has experienced a slight retreat from this level, retested the midrange band again yesterday, and the intraday losses were wiped out along with the demand. AVAX has a stagnated price movement between the lower line and Fibo'78,60. We expect it breaks the Fibonacci level, and upward prices follow.

Ripple gained a 0,20% value during morning hours, and the current price is $0,9216. When we consider the XRP/USDT pair technically, XRP continues price action inside the ascending channel on September 7. It had sharply risen to the 50MA level after the breakout momentum. XRP retreated below the $0,9256 (200MA) level on Friday after reactions from the 50MA level. There XRP has a sideways trend; those averages should be broken.

LTC gained a 0,30% value during morning hours, and the current price is $156,1. When we consider the LTC/USDT pair technically, LTC found support from the zone marked with blue, breaking the major downtrend yesterday. But no momentum followed this. In the daily chart, the metrics show us a buy signal. LTC has accumulated. If it breaks the 200MA level, a momentum can come up.

LINK gained a 0,30% value during morning hours, and the current price is $23,03. When we consider the LINK/USDT pair technically, LINK, which continues price action inside the ascending channel as of July 2020, broke the major downtrend after finding support at the lower line of the channel. The breakout led to non-stop momentum. As we already mentioned in the previous daily bulletins, we expect the rise continues to $24,42, the resistance level (200MA).

BAT gained a 2,40% value during morning hours, and the current price is $1,3683. When we consider the BAT/USDT pair technically, BAT found support at the uptrend as of October 30 and surged last week. It also broke the 50MA. After this breakout, BAT rose to the resistance level marked with blue. Holding onto those levels will lead to resolving sales pressure. As long as the daily candle close does not occur below this level for the BAT, which holds onto Fibo'61.80, our bullish expectation continues.