Crypto Price Predictions: Tron (TRX), Huobi Token (HT), VIDT | marketrealtime.com


  • Cryptocurrencies remained on edge in the first week of 2023.

  • The hawkish Fed minutes led to more concerns about the sector.

  • Tron, VIDT and Huobi Token are likely to dive over the weekend.

Cryptocurrency prices remained sharp in the first week of the year. Bitcoin remained in a consolidation phase below $17,000. Ethereum stalled at $1,200, while the total market cap of all cryptocurrencies remained below $900 billion. Here are the crypto price predictions for some of the most popular coins like Tron, Huobi Token, and VIDT.

Tron

Tron is a second-generation blockchain project started by Justin Sun. It is a blockchain operating system that processes billions of transactions every day. The network is also associated with other blockchain projects such as Sun, JustLend, and JustStables. It also has an association with Huobi, BitTorrent Chain and USDD.

TRX price crashed hard as concerns about exposure to Huobi persisted. There are concerns that Huobi could go bankrupt. As a result, Tron dropped to its lowest level since November 23. It has fallen below all moving averages as oscillators such as the MACD and the Relative Strength Index (RSI) drifted lower. Therefore, TRX’s outlook is bearish over the weekend, with the next key support level at $0.04.

TRX Chart by TradingView

How to Buy Tron

eToro

eToro offers a wide variety of cryptos, such as Bitcoin, XRP and others, in addition to crypto/fiat and crypto/crypto pairs. eToro users can connect, learn from and copy or be copied by other users.

Buy TRX with eToro today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited for more experienced investors and it offers a large number of cryptocurrencies to choose from, which is over 600. Binance is also known for its low trading fees and a multitude of trading options that its users can take advantage of, such as; peer-to-peer trading, margin trading and spot trading.

Buy TRX with Binance today

Huobi Token

Huobi Token (HT) came under pressure after the company announced another round of layoffs. As we wrote in here article, there are concerns about the company’s liquidity. After the collapse of FTX, there are questions about it crypto exchanges and their respective tokens. Huobi has not published his reserve data and his results.

As a result, it has seen an outflow in recent days. Data collected by DeFi Llama showed that users have withdrawn more than $114 million in the past month and $90 million in the past 24 hours. Therefore, the Hubi Token price is likely to continue falling over the weekend.

HT chart by TradingView

How to Buy Huobi Token

KuCoin

Kucoin is a cryptocurrency exchange that offers more than 200 cryptocurrencies. Kucoin has a wide range of services such as; a built-in peer-to-peer exchange, spot and margin trading, bank-level security, and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low cost.

Buy HT with KuCoin today

Coin gate

CoinGate is a Lithuania-based fintech company founded in 2014. The payment gateway provides cryptocurrency payment processing services for businesses of all sizes. Permission-based account management, fiat bank account payouts, and a brand new email billing feature are just a few reasons why CoinGate has become a popular payment processor for many.

Buy HT with Coingate today

VIDT data link

VIDT Datalink is a blockchain project in the data storage industry. It was started in 2019 by a group of artists and then transitioned into a Decentralized Autonomous Organization (DAO). It is mostly used in data storage of NFTs and other valuable items.

The price of VIDT fell to an all-time low in 2022 as concerns arose over its role in the blockchain industry. It also fell as demand for NFTs declined. This week, however, VIDT price surged to a high of $0.030, the highest point since Dec. 19.

On the hourly chart, it has risen above its moving averages, while the MACD has moved above the neutral point. With low volume, I suspect VIDT price will fall over the weekend.

VIDT chart by TradingView

How to Buy VIDT Token

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited for more experienced investors and it offers a large number of cryptocurrencies to choose from, which is over 600. Binance is also known for its low trading fees and a multitude of trading options that its users can take advantage of, such as; peer-to-peer trading, margin trading and spot trading.

Buy VIDT with Binance today

KuCoin

Kucoin is a cryptocurrency exchange that offers more than 200 cryptocurrencies. Kucoin has a wide range of services such as; a built-in peer-to-peer exchange, spot and margin trading, bank-level security, and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low cost.

Buy VIDT with KuCoin today


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