Ethereum

Pepe Coin

Bitcoin

Oasis

Crypto Price Prediction: The cryptocurrency market is experiencing a calm period, with most of the leading cryptocurrencies moving in a sideways trend. After a significant surge at the end of January, this consolidation period suggests that investors are gathering their strength for the next upward movement. 
Despite the lack of significant price movements, market optimism remains buoyant. This follows a slowdown in the post-ETF sell-off momentum, with <a href="https://coingape.com/grayscale-leads-spot-bitcoin-etf-race-as-investors-reassess-data/">Grayscale’s GBTC ETF</a> observing a tapering of outflows. Concurrently, other prominent ETFs like BlackRock’s (IBIT) and Fidelity’s (FBTC) are recording a consistent inflow, indicating a positive investor sentiment toward the market. 
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 Moreover, Bitcoin’s mining difficulty soared to a new all-time high of 75.50T at block 828,576 on February 2. This development underscores the increasing hurdles and computational requirements confronting miners within the Bitcoin network.&nbsp;
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As the crypto market seems well-positioned to prolong its recovery, the bullish trader can keep a close eye on Bitcoin (BTC), XRP, and Oasis Network (ROSE). 
<h2 id="b-bitcoin-btc-whale-accumulation-amid-stagnant-price-hints-upcoming-surge-b">Bitcoin (BTC) Whale Accumulation Amid Stagnant Price Hints Upcoming Surge</h2> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" src="https://s3.tradingview.com/snapshots/t/Tfm6WrcR.png" alt="Bitcoin (BTC) Price" width="1946" height="937">
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 Bitcoin (BTC) Price| TradingView Chart
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The largest cryptocurrency by market cap <a href="https://coingape.com/markets/bitcoin-price-eyes-parabolic-rise-in-2024-but-has-q1-altcoin-hype-cycle-started/">Bitcoin</a> witnessed a renewed buying interest in late January. Over a week, the coin value witnessed a 13.85% jump from $38520 to $43900.&nbsp;&nbsp; 
However, the <a href="https://coingape.com/price/bitcoin/">Bitcoin price</a> currently trades at $43060 and is wobbling in a narrow range between $44000 and $41000. Based on the analysis from Santiment, there’s a noteworthy shift in Bitcoin holdings among different-sized wallets.&nbsp; 
As of February 1st, 2024, the quantity of Bitcoin wallets containing between 1k and 10k BTC has reached a peak not seen since November 2022, totaling 1,958. This indicates a 2.5% increase within just six days.&nbsp; 
Conversely, wallets holding between 100 and 1,000 BTC have declined to 13,735 – the lowest since November 2022, marking a 1.1% decrease in the same timeframe. Despite the divergence, the growing accumulation from larger holders reflects a better conviction of a long-term rally. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f433.png" alt="🐳" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is ranging between $41K and $44K, but whale wallets are moving big this week: 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f534.png" alt="🔴" class="wp-smiley" style="height: 1em; max-height: 1em;"> Number of 1K-10K <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Wallets: 1,958 on Feb. 1st (Most since November, 2022) <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e1.png" alt="🟡" class="wp-smiley" style="height: 1em; max-height: 1em;"> Number of 100-1K <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Wallets: 13,735 on Feb. 1st (Least since November, 2022)<a href="https://t.co/MTOnjURnfV">https://t.co/MTOnjURnfV</a> <a href="https://t.co/QrxW8CH5c2">pic.twitter.com/QrxW8CH5c2</a> 
 — Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1753709125849186339?ref_src=twsrc%5Etfw">February 3, 2024</a>
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<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="b-bear-trap-to-propel-xrp-price-recovery-to-0-6-b">Bear Trap to Propel XRP Price Recovery to $0.6</h2> 
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 <img decoding="async" src="https://s3.tradingview.com/snapshots/d/dXMiviU6.png" alt="XRP Price" width="1946" height="937">
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 XRP Price| TradingView Chart
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In a week rattled by cybersecurity concerns, <a href="https://coingape.com/markets/xrp-price-surge-to-1-imminent-as-whale-accumulation-peaks-despite-wallet-hack/">XRP</a>, the sixth-largest cryptocurrency, faced a sell-off following the breach of a Ripple executive’s wallet, resulting in the theft of 213 million XRP tokens.&nbsp; 
Despite the potential for panic, the XRP price demonstrated resilience, holding above the $0.5 mark, buoyed by reassurances from Ripple that the network was secure and individual wallets were not at risk. 
The swift recovery in investor sentiment saw XRP’s value inch up by 2% today, stabilizing around $0.52. This rebound allowed XRP to recapture its previously lost annual support trendline(marked by green), suggesting a possible invalidation of the bearish trend.&nbsp; 
Should the <a href="https://coingape.com/price/xrp/">XRP price</a> sustain its foothold, we could see a squeeze on short positions, enhancing buying momentum to soar the XPR price to $0.6 to $0.68 region. 
<h2 id="b-oasis-network-rose-price-see-25-surge-amid-bullish-pattern-formation-b">Oasis Network (ROSE) Price See 25% Surge Amid Bullish Pattern Formation</h2> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" src="https://s3.tradingview.com/snapshots/w/wujMpSok.png" alt="Oasis Network (ROSE) Price" width="1946" height="937">
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 Oasis Network (ROSE) Price| TradingView Chart
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Amid the recent rebound in the crypto market, the Oasis Network (ROSE) token managed to hold its position above the combined support of $0.0937 and the 50% <a href="https://coingape.com/glossary/fibonacci-retracement/">Fibonacci retracement level</a>. A position turn from this support has surged the coin value 35% to currently trade at $0.119.&nbsp; 
The Analysis of the daily time frame chart showcased this reversal and also breached the resistance trendline of a bullish continuation pattern called Flag. A healthy retracement amid the formation of a bullish pattern set ROSE for a high potential of recovery.&nbsp; 
The post-breakout rally could surge the coin price by 25% to hit $0.15. 
<h3 id="related-articles">Related Articles:</h3> 
<ul> 
 <li><a href="https://coingape.com/ripple-locks-800-mln-xrp-escrow-amid-soaring-whale-activity-whats-happening/">Ripple Locks 800 Mln XRP in Escrow Amid Soaring Whale Activity, What’s Happening?</a></li> 
 <li><a href="https://coingape.com/crypto-prices-today-bitcoin-ethereum-pepe-coin-continue-rebound-as-flair-surges/">Crypto Prices Today: Bitcoin, Ethereum, Pepe Coin Continue Rebound As Flair Surges</a></li> 
 <li><a href="https://coingape.com/meta-to-join-google-to-allow-bitcoin-etf-ads-on-facebook-and-instagram/">Meta To Follow Google And Allow Bitcoin ETF Ads on Facebook and Instagram</a></li> 
</ul> 
The post <a href="https://coingape.com/markets/crypto-price-prediction-today-february-3-btc-xrp-rose/">Crypto Price Prediction For February 3: Bitcoin (BTC), Oasis Network (ROSE), XRP&nbsp;</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Crypto Price Prediction For February 3: Bitcoin (BTC), Oasis Network (ROSE), XRP

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