Traders pile into altcoins after Bitcoin price bounces at a key support
Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA.
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Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA.
Bitcoin correcting after a big announcement of Michael Saylor and facing crucial resistance at $51K.
The bearish outlook appears also as Cardano's daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano's smart contracts launch and its mild correlation with Bitcoin keeps the…
Bitcoin is “back in bull market territory” but traders warn that a retest of underlying support levels is bound to occur soon.
GNO, WAX and IOST lead altcoins higher as Bitcoin’s rally to $50,000 signals that the bull market is back on track.
The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit.
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%.
Bitcoin price reliably bounced off the 20-day moving average, which catalyzed an explosive rally from VGX, CHSB and EWT.
Bitcoin's price is losing its bullish momentum, but this did little to stop QNT, AR and AVAX from notching double-digit gains today.
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend.