Cryptocurrency prices had a mixed performance during the Christmas season. While some tokens such as Huobi (HT) and Bitget Token (BGB) soared, many others erased their gains from the Santa Claus rally and fell sharply. In this article, we will look at some of the top coins such as Huobi Token (HT) and Bitget Token (BGB) and predict whether they have further upside potential.
Bitget token price analysis
The daily chart shows that the Bitget token price has gone parabolic and defied gravity, making it one of the best-performing tokens in the crypto industry. The BGB token soared to a high of $8, well above its November low. It is trading above all moving averages, and the Relative Strength Index (RSI) and Stochastic Oscillator have risen to extremely overbought levels.
Therefore, Bitget tokens may move into the Wyckoff distribution phase. The Wyckoff method identifies several stages that assets go through, including accumulation, markup, distribution, and markdown. Therefore, it may fall significantly in the short term.
Cryptocurrency price prediction: Bitget Token, Huobi HT, iDEGEN
iDEGEN price analysis
The iDEGEN token was one of the major breakthrough coins during the Christmas season. As the token sale gained momentum and went viral, iDEGEN established itself as the world's best AI cryptocurrency and grew. Its goal is to become a major player in the cryptocurrency and social media industry.
Every time you post, iDEGEN technology captures that data and sends you engaging posts every hour.
The company has raised more than $9.4 million from investors, according to data on its website, and its momentum continues to accelerate.
The iDEGEN token sale is also gaining momentum due to the recent success of other crypto projects that have gone through token sales such as Poodlana, Pepe Unchained, and Bitcoin Dogs. With the rise of the token, so many people became millionaires. You can purchase Click here for iDEGEN token.
Huobi token price analysis
The price of Huobi token has skyrocketed in recent days. It rose to $1.4630 on Thursday as other exchange tokens continued to rise. This was a noteworthy level as it was the highest this year.
Huobi token has surpassed the 50-day moving average and the 25-day moving average. Also, the oscillators are all pointing upwards, showing signs of renewed momentum.
However, the HT token has formed a triple top pattern, which is a popular bearish sign. Therefore, the coin is likely to resume its downtrend in the coming days, a move that could lead to a retest of the support at $0.9112. Our bearish view will be invalidated on a break above the triple top pattern at $1.4630.
