These 3 altcoins mooned as Bitcoin price rallied to $52,000
ROSE, PRQ and AVA price soared after a key trading metric signaled that "altseason" is here and BTC moved to $52,000. The wider cryptocurrency market is showing signs of strength on Sept. 6 as Bitcoin (BTC) bulls battle for control at the $51,500 level. Altcoins have benefited from Bitcoin’s strong showing, with many seeing gains in excess of 20%, and the Altseason Indicator from Cointelegraph Markets Pro continues to signal that market conditions are tilted toward further gains for altcoins. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from....
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A classic volatility surprise excites rather than concerns traders, but altcoins lose out heavily. Bitcoin (BTC) kept traders on their toes on Tuesday as a sudden price dip sparked a retest of $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC still “fine” at $49,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it shed $2,000 in two hours Tuesday.The pair had hit $52,960 — nearly a four-month high — before consolidating and then heading lower.The volatile conditions mark a memorable day for Bitcoin adoption, coming as El Salvador becomes the....
MATIC’s price slowed down after showing so much strength as it rallied to a high of $0.97 but got rejected as the price rallied downward. MATIC could suffer retracement as the price site on a crucial support area, holding the price off from sellers with hopes of a rebound. MATIC’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price of Polygon (MATIC) showed some incredible price action as the price rallied from a low of $0.35 to a high of $1.2 before facing a rejection back to its key support of $0.77,....
BTC’s price slowed down after showing so much strength as it rallied to a high of $21,000 but got rejected as the price rallied downward. BTC could suffer retracement as the price breaks below the crucial support area, holding the price off from sellers with hopes of a rebound. BTC’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The price of Bitcoin (BTC) showed some incredible price action as the price rallied from a low of $19,200 to a high of $21,000 before facing a rejection back to its key support of....
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. On May 26 the the bullish momentum that had propelled Bitcoin and altcoins into a relief rally was somewhat subdued as traders remain unsure of what may happen next. After an early morning attempt by Bitcoin bulls to drive (BTC) price above $40,000 was met with stiff resistance, the digital asset lost momentum and slumped back to the $38,000 support level. BTC/USDT 4-hour chart. Source: TradingViewDespite the continued....
ATOM’s price shows strength as price breaks bounced off from $12 with good volume with eyes set to reclaim $13. ATOM breaks out of a downtrend as the price resumes a bullish structure. The price of ATOM continues to trade above 50 Exponential Moving Average (EMA) in the four-hourly timeframe. The price movements of Bitcoin (BTC) have hurt most altcoins, with Cosmos (ATOM) finding its price at key support as bulls defend this region with blood and sweat. The recent Consumer Price Index news had a significant impact on the crypto market, as the price of BTC fell to a low of $18,200....