Price analysis 10/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI
Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.
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Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.
BNB price gets a boost as Binance launches a $1 billion blockchain fund.
Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC.
Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally.
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices.
Historical data suggests that October is a good month for Bitcoin bulls, and today’s push above $47,600 could be a signal of what's to come for BTC and altcoins.
A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins.
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.