Bitcoin (BTC) $106,629.81 It does not exceed 109 thousand dollars and the fluctuation it lives causes sudden decreases in subcoins. Crypto currency Investors have not seen significant mobility in Altcoins since the US choice. The Global Trade War, the risk of nuclear war, we saw a lot of negativity in 6-7 months. So what are the latest forecasts for the Altcoins? What are the attractive crypto coins?
Altcoin season
Interests will begin to fall in September and uncertainty about tariffs may disappear this month. We will see tariff agreements between July 4-9, and the USA can draw a new rest to the European Union of Trump for hours before the day of liberation. Altcoins are now in the “calf’s tail broken, will break” mode. Waiting is as exhausting as in the period of fall.
Bitcoin Rover, who shared the market dominance graph, said that the period in which the subcoin will soon experience will begin.
“Bitcoin dominance will fall harshly. Altcoin investors will earn money.”
Dominance graph is close to the resistance, but how long it will remain here, whether the decline will start immediately. But it is an undeniable fact that it has been steadily rising for a long time.
Attractive crypto coins
RSI data quickly works to see the demand status in subcoins. In the process, which is attractive in the process, RSI rises in liquidity, while the others seek melting in the value of RSI while running to new bottoms brought by extreme sales. There are many examples of this.
Daancrypto shared the RSI map to draw attention to attractive crypto currencies and the market in general.
“With last week’s recovery, the average weekly RSI level of the coins increased considerably. Average ~ 40 is still quite neutral/low, which applies to many subcoin. Especially coins with medium/low market value. BTC is currently in the range of 60-70, which is a good level.
Altcoins are still at the beginning of the road and BTCHe cannot perform a few consecutive weeks of rise/superior performance against. You see some exceptions in the graph. ”
TrumpAltcoins such as ACK, Red are in the extreme sales zone and experience loss of interest. Lite, QNT, XMR group attracts attention to a significant extent.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
