Notably, KRW pairs — which often spur
on altcoin rallies — currently comprise a relatively small amount of Litecoin trading.
Stellar peaked around 92 cents on Thursday before a sharp correction slammed the breaks
on the altcoin rally.
Not exact matches
Crypto assets extended their recovery
on Thursday, with the most popular
altcoins leading the
rally.
The recent
rally of the Bitcoin price to $ 3,000 paused with inevitable corrections that led cryptocurrency experts to again speak about the possibility that other cryptocurrencies, or
altcoins, will soon take the lead
on the digital currency markets.
Cryptocurrencies declined in value
on Sunday, as bitcoin and the major
altcoins struggling to extend their weekend
rally.
With so many
altcoin markets breaking above descending triangles and
rallying to test the 0.236 % fibonacci retracement areas, many analysts are waiting for the markets to pull back and produce a higher low
on larger time frame charts before proclaiming that the first
altcoin season of 2018 is indeed kicking off.
Bitcoin is also up today, but while the majority of
altcoins are trading
on new
rally highs, BTC is stuck below the prior swing high at $ 8400, which is also a previously established resistance level.
Cryptocurrencies declined in value
on Sunday, as bitcoin and the major
altcoins struggling to extend their weekend
rally.
Cardano is expected to lead the
altcoin rally, based
on the report.
2018 did not begin
on a good note for Bitcoin as the monster
rally leading to Christmas crashed, but it made a bit of a recovery in and among a boom for a number of
altcoins.
The cryptocurrency market cap
rallied to an all - time high
on Thursday, briefly rising above $ 770 billion amidst a widespread
altcoin rally.
The combined value of all cryptocurrencies in circulation approached half a trillion dollars
on Tuesday, as bitcoin's
rally extended to leading
altcoins such as Ethereum and Litecoin.
This week has brought a welcome respite to the cryptocurrency markets, but
altcoin investors may want to hold off
on plunking down deposits at the Lamborghini dealership, because Wall Street strategist and noted cryptocurrency bull Tom Lee has predicted that
altcoins will remain in «purgatory» for the duration of spring and most of the summer before
rallying again in August or September.