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Cryptocurrency prices had a strong week amid rising hopes of a Federal Reserve pivot. Bitcoin has broken above the $20,000 critical resistance level while Ethereum has broken above the $1,500 critical level. In total, the market capitalization of all cryptocurrencies has exceeded $1 trillion. In this crypto price prediction, we take a look at the best coins to trade this weekend.
Ocean Protocol is a small but rapidly growing blockchain project that provides on-ramp services for data services in the cryptocurrency industry. This is just an open source community marketplace for data. I own veOCEAN. This is a way to lock OCEAN and allow users to vote and earn rewards in the OceanDAO ecosystem.
Through Ocean Protocol, businesses can publish and monetize their data, and customers can buy that data on the market. Some of the most popular data on that market include Ocean CEX Aggregator for Ethereum, Ocean ONDA DataFi Directory V4, and Transport Genie.
The daily chart shows that the OCEAN price has bottomed out at $0.1462. It is now slightly higher and above the 25- and 50-day moving averages. The Relative Strength Index (RSI) continues to rise. Therefore, the price of $OCEAN may continue to rise over the weekend.
PHA is another cryptocurrency that will be trading this weekend. First and foremost, Phala Network is a parachain for the Polkadot ecosystem, offering a permissionless computing protocol. We own Phat Contract, a smart contract language with low latency, cross-chain computing, and internet service access.
PHA prices went parabolic this month after developer announcement invest in cryptosatThe developer will also be hosting events for Litentry and Composable Finance.
Phala will host Polkadot Unbounded in Lisbon on October 29th. @litentry When @ composable bullfin
Come hear our speakers and discuss the latest in the Polkadot ecosystem https://t.co/sCZ3CKQgbg
hala Network (Recruiting!) (@PhalaNetwork) October 27, 2022
In the daily chart below, we can see that the Phala Network price is vertical this month. More recently, the price has retreated and formed what appears to be a bullish flag pattern.
ripple price Even if the prices of other cryptocurrencies rebounded, they remain in the consolidation phase this week. XRP has been trading at $0.4600 for the past few days. The price is about 8% above the lows of the month.
Ongoing SEC vs. ripple case in the United States. This week, the SEC said it had not taken a position on two of her allegations filed in the lawsuit. A move like this could help Ripple Labs as it tries to win a lawsuit.
XRP is a good coin to trade as its symmetrical triangular pattern is nearing the point of consolidation.
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