1 yr. ago
The total market capitalization of altcoins fell slightly, to around $1.3 trillion.
Top Performers:
#DogeCoin was the best performing altcoin of the day, surging 15% after #elon Musk announced plans to integrate DOGE on Twitter.
#shiba Inu rose 10%, riding the wave of Dogecoin's rally.
#Cardano gained 7%, ahead of the #Vasil hard fork launch.
#Solana increased 5%, after announcing a partnership with Google Cloud.
Worst Performers:
#Avalanche was the worst performing #altcoin of the day, falling 5%.
#polygon dropped 4%.
#Algorand lost 3%.
#polkadot declined 2%.
Top Performers:
#DogeCoin was the best performing altcoin of the day, surging 15% after #elon Musk announced plans to integrate DOGE on Twitter.
#shiba Inu rose 10%, riding the wave of Dogecoin's rally.
#Cardano gained 7%, ahead of the #Vasil hard fork launch.
#Solana increased 5%, after announcing a partnership with Google Cloud.
Worst Performers:
#Avalanche was the worst performing #altcoin of the day, falling 5%.
#polygon dropped 4%.
#Algorand lost 3%.
#polkadot declined 2%.
2 yr. ago
#Bitcoin is able to break the trendline and also break the downtrend line of the triangle. This is a good sign as we may see some upward movement in the market now. We may see a move toward a $28,500 resistance area. Meanwhile, some positive movement in altcoins is expected.
2 yr. ago
#altcoin TOTAL marketcap tested the resistance at $588-$590 billion and was rejected. The support is now at $546-$550 billion, and we may see a retest of this support. Altcoins will retest the support zones, so it is recommended to place stop-loss orders in all trades.
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Mehdi Babajani
2 yr. ago
