Rocky road lies ahead, but here’s 5 altcoins that still look bullish
Bitcoin price looks set for more downside, but this could present trade opportunities in MATIC, ATOM, XMR and CHZ. The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26.Bitcoin has declined about 14% this month, making it the worst performance for August since 2015 when the price had dropped 18.67%. That may be bad news for investors because....
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Many investors flipped bullish on Bitcoin relative to altcoins over the past few days. This culminated on Monday when BTC gained 3% while the price of top altcoins dropped by 1-10%. Analysts think this trend may continue for the forseeable future. Bitcoin Could Outperform Altcoins in the Months Ahead Many investors flipped bullish on Bitcoin relative to altcoins over the past few days as the leading cryptocurrency has begun to outpace its offspring. This culminated […]
Bitcoin price is less than a few hundred dollars away from setting a new all-time high. The closer the top-ranked cryptocurrency gets to its former peak, the more bullish altcoins respond. One crypto analyst has shared a chart that shows what could happen to altcoins when Bitcoin finally does break its all-time high. Ripple, Ethereum, […]
The XRP price has been characterized by bullish predictions throughout this month. Crypto analysts have put forward countless analyses about why the altcoin is poised for a massive rally. Another analyst has joined the ranks of the bullish, putting the XRP price as high as $250. Here’s When The XRP Price Will Get To $250 […]
Small cap altcoins have been one of the best performers in recent times. Even through the downtrend, these low market cap cryptocurrencies have returned better gains compared to their bigger counterparts like Bitcoin and Ethereum. They have carried this performance into another week as small cap altcoins show their profitability once more by being ahead while the rest of the market suffers. Small Cap Altcoins Stays In The Lead The previous week, small cap altcoins had been the only index returning profits while all others have been drowning in losses. It has continued this week as it....
TWT’s price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1.5. TWT bounced from a low of $0.88 as the price rallied to a high of $1, preparing for a rally as the price showed bullish signs. The price of TWT continues to trade above 50 and 200 Exponential Moving Averages (EMA) ahead of the daily close. The price actions shown by Bitcoin (BTC) have affected most altcoins negatively as some have lost their key support, but Trust Wallet Token (TWT) continues to show immersed strength as price breaks out of a long downtrend movement. The....