Best Altcoins to Buy as ETH/BTC Pair Finds Critical Support
Quick Facts: 1️⃣ Bitcoin and Ethereum look poised to push the market into altcoin season, with CMC Altcoin Season Index at 29 out of 100. 2️⃣ Either Ethereum or Bitcoin will lead the rebound into altcoin season. 3️⃣ Infrastructure plays ($HYPER) and a trading bot ($SNORT) headline the best altcoins to buy. So is it […]
Related News
ETH is making serious inroads in both BTC and USD terms in what a Cointelegraph analyst says is a classic sign that altcoins are coming back from the dead. Ether (ETH) has broken a critical price point against Bitcoin (BTC), signalling that altcoins may be about to see huge gains.Cryptocurrency market overview. Source: Coin360I'd take Ether bet "all day long" — WinklevossData from Cointelegraph Markets, Coin360 and TradingView showed ETH/BTC pass the essential 0.026 level in just one daily candle on Jan. 3.After staying weak throughout December, Ether has rebounded in the first few days of....
After plummeting from $46k to $43k on Sunday, Bitcoin managed to hold onto the critical support level of $46,000. Breaking Down Bitcoin’s Price Action Down 20% from its all-time high reached earlier this month, Bitcoin finds itself in correction territory – a sharp change from the almost uninterrupted year-long bull run. With a relative strength index (RSI) of 45, Bitcoin looks to be oversold – a signal that it certainly has more upside potential in […]
A trader forecasts that conditions are converging to a new Wyckoff level, bringing new strength among altcoins, which suffered disproportionately as Bitcoin momentarily fell below $30,000. Wyckoff Level Is Critical For Bulls On July 6, Bitcoin (BTC) was heading towards a critical Wyckoff level, as BTC price movement piqued traders’ interest in an altcoin rally. […]
Ethereum and the altcoin market are stagnating against Bitcoin with the ETH/BTC pair being the key to the next altseason. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has been lagging behind Bitcoin (BTC). Historically, when BTC surges, altcoins tend to rally with larger upside price movements.This time, Bitcoin has been clearly outperforming the altcoin market, particularly in December. BTC market cap dominance has recently risen to a one-year high of around 70%, largely due to the big sell-off in XRP in the past week. BTC/USD vs. ETH/BTC (yellow), LTC/BTC (orange),....
Over the last few weeks, Bitcoin has been rising without pause, absorbing all of the capital out of the crypto market and causing altcoins to bleed on BTC pairs. BTC dominance finds itself at a crucial resistance level, and some of the brightest and best crypto analysts in the community, are divided over the future […]