• About
  • Coincu
  • Hot topics
  • Random
Saturday, February 4, 2023
CoinCu News
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • Video
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • Video
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Analysis

Altcoins Are Starting To Revolt After Bitcoin Recovers

June 25, 2022
in Analysis, Altcoins
392
91
SHARES
3k
VIEWS
Share on Facebook

India Reveals The IMF And The G-20 Will Collaborate On Cryptocurrency Regulations

Binance Requires WazirX To Withdraw All User Funds From The Exchange

Bitcoin has seen a significant bounce from the bottom of $17,600 last week. However, the reversal of the altcoins makes us even more shocked.
Altcoins Are Starting To Revolt After Bitcoin Recovers

Altcoin analyst Sherpa says SOL will outperform most cryptocurrencies in the current cycle. According to Sherpa, the native token of popular smart contract platform Solana may outperform other altcoins depending on Bitcoin’s price movements.

He emphasized he doesn’t know how high the SOL can go but hopes to break through resistance at around $40 and fall back when it hits $50. At the time of writing, SOL is trading for $41.16.

$SOL: I think this still looks decent on lower time frames, EMAs looking good still on the 4h. Expecting the 4h 200 EMA to be some immediate resistance but #Solana should outperform most altcoins in this environment. Still, everything depends on btc ofc. pic.twitter.com/KXI42b3aIg

— Altcoin Sherpa (@AltcoinSherpa) June 22, 2022
Altcoins Are Starting To Revolt After Bitcoin Recovers
SOL daily chart. Source: CoinCu

Another cryptocurrency that Altcoin Sherpa is optimistic about is MANA. The analyst says the virtual reality platform is recovering from bottoming out. This altcoin is currently trading for $0.94 from a low of $0.74 in June.

Altcoins Are Starting To Revolt After Bitcoin Recovers
MANA daily chart. Source: CoinCu

He then shared his forecast for the Metaverse APE token. According to him, the token created for the Bored Ape Yacht Club NFT community could reverse the downtrend at $6. APE currently costs $4.5.

Altcoins Are Starting To Revolt After Bitcoin Recovers
APE daily chart. Source: CoinCu

As for Bitcoin, the analyst thinks that the bearish market structure remains active in the high time frame. At the time of writing, BTC is changing hands at $21,260.

$BTC: I think that the 200 EMA 4h will make a good short when it comes. Large gaps between the lagging MAs usually mean the first test are good buys/sells depending on context. Still high time frame bearish market structure though. #Bitcoin pic.twitter.com/dhytCXhN5c

— Altcoin Sherpa (@AltcoinSherpa) June 22, 2022
Altcoins Are Starting To Revolt After Bitcoin Recovers
BTC daily chart. Source: CoinCu

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Review XT.com - Reputable Cryptocurrency Exchange You Should Try

Solana Weekly Recap | Aug 8th – 14th, 2022

Top 10 Best Presale Cryptocurrencies To Invest In 2023

Top Solana NFT Collections In 2022

Solana, Blockchain With Many Potentials And Benefits

Use Web3 Primitives To Explore The Web3 Growth Space Of Users

Tags: #BitcoinAltcoinsanalysisApeBTCHOTMANAmarketpriceSOL
Previous Post

What Is Replay Attack? Things You Should Know

Next Post

Can Bitcoin Sustain Above $21k This Weekend?

Other Posts

Dogecoin (DOGE) To Breakout, Gains A More Than 100% Spike In March
Altcoins

Dogecoin (DOGE) To Breakout, Gains A More Than 100% Spike In March

February 3, 2023
Shibarium Launch May Be Delayed Again
Altcoins

Shibarium Launch May Be Delayed Again

February 3, 2023
Avalanche (AVAX) Rises 15% Following The Release Of New Network Upgrade
Analysis

Avalanche (AVAX) Rises 15% Following The Release Of New Network Upgrade

February 3, 2023
Litecoin (LTC) Hit $100 As Dogecoin Gains 40% With Major Whale Transactions
Altcoins

Litecoin (LTC) Hit $100 As Dogecoin Gains 40% With Major Whale Transactions

February 2, 2023
DeFi Altcoins Gain Strength Amid Crypto Pullback, Bitcoin Movement Acts As 2019 Pattern
Altcoins

DeFi Altcoins Gain Strength Amid Crypto Pullback, Bitcoin Movement Acts As 2019 Pattern

February 1, 2023
Sandbox (SAND) Predicted To Gain 38% As Bitcoin Reaches $30,000 After An Imminent Fall
Altcoins

Sandbox (SAND) Predicted To Gain 38% As Bitcoin Reaches $30,000 After An Imminent Fall

January 31, 2023
Next Post
Can Bitcoin Sustain Above $21k This Weekend?

Can Bitcoin Sustain Above $21k This Weekend?

  • Solana DeFi Everlend Finance Terminates Its App Due To Lack Of Money

    Solana DeFi Everlend Finance Terminates Its App Due To Lack Of Money

    137 shares
    Share 55 Tweet 34
  • Stronghold Digital Mining Posts Prospectus For Share Sale While It Works To Conserve Money

    117 shares
    Share 47 Tweet 29
  • Terra Classic Adopts New Proposal To “Re-Peg USTC With LUNC,” USTC Soars 30%

    109 shares
    Share 44 Tweet 27
  • Kraken Office In Abu Dhabi Is Now Closed, Affecting 8 Roles

    110 shares
    Share 44 Tweet 28
  • “Twitter Killer” Damus Reaches Top 10 Social Network Apps On App Store

    194 shares
    Share 78 Tweet 49
CFTC Chairman Strengthens Regulation Of Cryptocurrency Trading In 2023

CFTC Chairman Strengthens Regulation Of Cryptocurrency Trading In 2023

February 4, 2023
New Exchange GTX Of 3AC Founders Completed The Fundraising Plan

New Exchange GTX Of 3AC Founders Completed The Fundraising Plan

February 4, 2023
SBF's Emergent Fidelity Technologies Is The Latest Company To Declare Bankruptcy

SBF’s Emergent Fidelity Technologies Is The Latest Company To Declare Bankruptcy

February 4, 2023
WisdomTree Reports Fourth-quarter Loss Of $28.3 Million Net

WisdomTree Reports Fourth-quarter Loss Of $28.3 Million Net

February 3, 2023
Activision Blizzard Pays $35 Million SEC Fine For Allegations Of Workplace Misconduct

Activision Blizzard Pays $35 Million SEC Fine For Allegations Of Workplace Misconduct

February 3, 2023
Ethereum Restaking EigenLayer Is Now Raising $50 Million In Series A Funding

Ethereum Restaking EigenLayer Is Now Raising $50 Million In Series A Funding

February 3, 2023
Cosmos-based DEX Demex To Launch GLP Vault With No Withdrawal Fees

Cosmos-based DEX Demex To Launch GLP Vault With No Withdrawal Fees

February 3, 2023
ImmutableX Announcing Watch To Earn (W2E) As Its Whale Holdings IMX Tokens Gains 58%

ImmutableX Announcing Watch To Earn (W2E) As Its Whale Holdings IMX Tokens Gains 58%

February 3, 2023
Mango Markets Hacker Denied Bail And Charged With 3 Criminal Offenses Of Commodities Fraud

Mango Markets Hacker Denied Bail And Charged With 3 Criminal Offenses Of Commodities Fraud

February 3, 2023
Craig Wright Will Go To Full Trial With Allegations Against 16 Bitcoin Developers In London

Craig Wright Will Go To Full Trial With Allegations Against 16 Bitcoin Developers In London

February 3, 2023
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Coinbase
  • Trending
  • LuxWorld
  • CryptoLinks

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Video
  • Live Prices

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In