Category Archives: Altcoin
How is Bitcoin performing after the crash? Altcoins show promise – AMBCrypto
Bitcoin gets rejected from the $7,000 level for the 5th time in 15 days showing that the bears are in effect. This struggle to climb above the $7,000 mark comes after the price plunged from $9,200 to $3,850 from March 07 to March 13. Although, at the time of the drop, the whole ecosystem suffered equally, however, some altcoins have been more resilient than others. Bitcoin, for one, is trying but failing while altcoins leave it in the rear-view mirror.
The drop had implications ranging beyond the most obvious factor, price. Bitcoin networks difficulty, hash rate, block production times, mining industry, and companies within the space have all felt the ripple effect and are still reeling from it. As for companies, many received margin calls due to the drop. Take, for example, Hut8, who dipped deep into their BTC reserves during this crash.
With the price at $6,6770, Bitcoin has recovered 41% since the drop and has 59% more to recover. Since the magnitude of this drop was huge, this has caused some Bitcoin values to go askew. The Sortino ratio for Bitcoin has reached levels unseen since 2016 and this is bad for Bitcoin as an asset, especially, at a time of uncertainty.
Sortino ratio is a variation of the Sharpe ratio and is used to measure a portfolio or an assets risk-adjusted return. The Sortino ratio is the ratio of the difference between the expected return of an asset and risk-free return, and downside volatility or negative standard deviation.
At press time, the Sortino ratio, LIBOR 90d, value is at 0.00084. The last time Bitcoins value was this low was in 2016.
Source: TradingView
Additionally, among FTXs altcoins, mid-cap, and shitcoin index, Bitcoin has been the worst-performing asset since 2020. BTC showed a total relative performance of -6.68%, the worst performance among the mentioned indices. Altcoin perpetual index was, surprisingly, the best performing index class with 11.69% surge YTD while, shitcoin perpetual index was at -4.81% and mid-cap had a relative performance of -2.81%.
A similar performance track record was noticed with Bitwises indices. Year-to-date, the best performing Bitwise index was Bitwise 20 with a 6.7% return. Following this was Bitwise 100 [-4.4%], Bitwise 10 [-4.6%], this was followed by Bitcoin with a -6.3% return since 2020. Bitwise 70 had the worst performance with a return of -8.9%.
Although this looks bleak for Bitcoin, it is only in the shorter timeframe, the bigger looks much better. On average, historically, the first quarter of every year that Bitcoin has been alive has had negative returns.
Hence, the future or at least the second quarter looks bright for Bitcoin as seen in the above table.
Source: TradingView
Furthermore, the approaching halving might push the price higher, as many people expect it to.
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How is Bitcoin performing after the crash? Altcoins show promise - AMBCrypto
When Is The Altcoin Season Kicking Into Gear? – KryptoMoney
This has been the biggest and most awaited question by any of them in the market. As cryptocurrencies are becoming increasing in number, so is the volatility and price factor in it. However, Bitcoin is still the most popular cryptocurrency which is ruling the technology industry right now. So what about Altcoin? Can they make any change? Is the Altcoin Season much near? This blog is set to answer all your queries with the desired answers and statistics.
The cryptocurrency market is going through a tremendous change right from the month of September 2019. For the fourth quarter of the year 2019, both Bitcoins, as well as Altcoins, made huge profits. However, popular altcoins such as Ethereum (ETH) and Ripple (XRP) were experiencing losses, some small value altcoins such as XTZ, LINK, performed well.
So what to expect for the year 2020 with Altcoin? When can we expect the Altcoin Season to be?
Initially, let me explain to you for the month of January. Here are the top currencies which performed well:
All these currencies were having a very good month similar to Bitcoin but not parallel to Bitcoin, however! For the previous month, most of the altcoins doubled their prices when compared to Altcoins.
Let me brief you on the Top Altcoins which can change the year 2020.
The Basic Attention Token (BAT) makes use of the Ethereum Blockchain platform and Brave web browser. The major motto of this currency is to exchange between the users where advertisers and publishers allow advertising companies to commoditize user attention.
The Brave Browser aims in bringing in a decentralized ecosystem that brings publishers, users, and advertisers together. This project has a great list of investors who are more prestigious.
Current Price of today: $0.259318
Cardano Cryptocurrency is created by Charles Hoskinson who is also the founder of penny coins. Cardano is the currency that was launched 2 years before it is launched to the public community.
This year will be great for Cardano and can reach up to the mark of $1. It is also expected that Cardano can climb more than $5 in the upcoming years. I would say this can be one of the perfect cryptocurrency for Altcoin Season.
Current Price of today: $0.067738
This cryptocurrency is aimed at resolving the problems of scalability and interoperability. Polkadot makes use of the Proof of Stake mechanism to provide economic incentives to secure the system completely.
But the thing is, these tokens are not available in the market. The assets are available here in the form of promises of future tokens. Hence, when it comes to predictions, it is difficult to predict the value of the asset.
Current Price of today: $ 178.28
ETHLend is one of the cryptos which managed to raise $18million for the year 2017. This project is a decentralized peer to peer lending system. Though it was a great success, it lacked traction too early in the market.
Following this, the company is now working on a completely decentralized strategy to bring in new functionalities into the system. One can buy and sell LEND tokens with a popular exchange like Coinbase if you are a premium member.
Current Price of today: $ 0.032793
This is an open-source project which was launched in the year 2017. It creates a new privacy-centered blockchain platform to facilitate the concept of the Internet of Things. It is expected that IoTeX will surpass more than $50 million by 2022.
It makes use of Blockchain technology which adds security to the network while on the other hand also offers governance and performs different functions.
Current Price of today: $ 0.00643414
NPXS is a coin created by Pundi X to be used for a Blockchain project. The major motto of NPXS is to facilitate cashless payment globally. Pundi X differs from other platforms since it has a Blockchain-enabled platform to facilitate instant cryptocurrency transactions.
This Pundi X coin has supplied around 12 countries with more than 100,000- 700,000 devices being distributed. The success of this project has given a prediction that NPXS can be one of the future Altcoins to be considered for 2020.
Current Price of today: $ 58.90M
Having a great glimpse of all these Altcoins, I would say Altcoin season is near. However, Bitcoin still takes the stage of making the year 2020 fruitful. In addition to this, markets may still change and can surprise you with something new! Lets wait and watch!
Robert Kroos
Hi, Im Robert Kroos, Crypto Writer at a leading blockchain development company. I love to share my ideas & thoughts on Blockchain & Cryptocurrency in a simple & readable manner.
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When Is The Altcoin Season Kicking Into Gear? - KryptoMoney
Bitcoin Diamond, QTUM, Binance Coin Price: Altcoins inverted flags fly aloft – AMBCrypto
As the collective cryptocurrency market settles into the second quarter of the year, altcoins are undoing the wrongs of March by inverting their positions on the charts. Binance Coin, Qtum, and Bitcoin Gold, all recorded inverted mildly bullish flags, with all these altcoins working towards undoing the losses of the past quarter.
Binance Coin
Binances exchange token and the newest member of the top-10 was hit by the drop on 12 March, a drop that shaved over 56 percent of its value, a value that the token had been regaining steadily over the past two weeks. In that time, the token has been trading in a strict upward channel, brushing against the rising top twice, and was locked in the middle at press time, trading at $12.53.
Binance Coins struggle with the top of the channel has created a resistance level at $12.61, which it bounced off of on 18 and 23 March, briefly breaking it on the 27th, but dipping below it the very next day.
The Bollinger Bands for the altcoin suggested a decrease in daily volatility as the bands were contracting. Further, the average line was trending below the coins press time price, indicating a bullish position.
QTUM
Unlike Binance Coin, QTUMs flag, though inverted, was quite parallel and not trending upwards as the exchange tokens. The flag pole for the altcoin began well before its bearish drop on 12 March, and was in fact, forming a long-term resistance level at $2.31.
Since the 12 March drop, QTUM has been trending with the aforementioned channel which has formed support at $1.14 and resistance at $1.29. On three occasions, the altcoin bounced off of the resistance level on 13, 24 and 26 March, respectively.
The MACD indicator suggested an overtake of the MACD line over the Signal line, indicating a bullish switch, which if widens its gap, could break the parallel channel.
Bitcoin Gold
If Binance Coins flag presented a mild case and QTUMs presented an uninitiated case, Bitcoins copycat, Bitcoin Gold, presents a rare bullish case and bullish flag, Its press time price of $7.18 has already recovered half the value since the 12 March price drop, rising by 40 percent since hitting the support at $4.91.
The upward channel was littered with higher highs as the same seems to have hit the resistance at $7.76 and was, at the time of writing, nearing the base of the channel at $6.65. While the press time price was still above the base, another rebound could threaten a break.
The Relative Strength Index for BTG was trading relatively flat between 43-47, despite the price bouncing off the resistance and testing the lower band of the channel.
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Bitcoin Diamond, QTUM, Binance Coin Price: Altcoins inverted flags fly aloft - AMBCrypto
Ethereum prepares to ride its volatility rollercoaster – AMBCrypto
Ethereum, the largest altcoin in the crypto-market, had a somewhat nonchalant start to the year. For the first few weeks, its price rise eclipsed that of Bitcoin and the rest of the market; but with the king coins increasing volatility, the altcoins movement has become muted.
On both the spot and derivatives front, Ether has become increasingly less volatile, especially in the short-term. Since the Bitcoin-induced price drop took down the collective market on 12 March, the subsequent volatility had dropped for the altcoin.
ETH Realized Volatility | Source: skew
According to data from Skew markets, the realized volatility for Ether on the shortest 10-day scale has sharply declined, falling below its 1-month and 3-month equivalents. Since 23 March, the realized volatility for Ether has dropped from a whopping 403 percent to 105 percent, as the price contained to hold firm.
Since dropping to $110, with rogue trades in the double digits, Ether has been trading within the $110-$140 range. Owing to this muted movement, despite Bitcoin moving by a larger fraction of its price, the volatility of the altcoin dropped significantly over the past two weeks.
ETH ATM Implied Volatility | Source: skew
Going by this trend, Options traders are expecting the altcoin to move less erratically in the future. The 1-month implied volatility for Ether dropped below its 3-month equivalent, based on the pricing of Options contracts over the aforementioned time periods.
Further, the ATM volatility term structure for the altcoin also presented an optimistic movement up, with realistic pullbacks. Traders are expecting Ether to exhibit volatility gradually by the end of the first week of April, before it normalizes by 10 April with a drop. This rise and fall in volatility will continue till September, followed by a long winding down till December.
ETH ATM Volatility Term Structure | Source: skew
Looking at the larger picture, traders are expecting Ether to be volatility in phases, with each phase more erratic than the last, and with each phase succeeded by a cooldown of sorts.
All in all, with the price of Ethereum stabilizing over the past few days, given the volatility back-and-forth movements, an expectation of a strong imminent move can be ascertained.
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Ethereum prepares to ride its volatility rollercoaster - AMBCrypto
Microsoft New Crypto Initiative – Blockchain Technology – Altcoin Buzz
Microsoft Corporation, through its licensing arm, Microsoft Technology Licensing, was granted an international patent on March 26. The patent isfor a cryptocurrency system using body activity data.
This patent granted to Microsoft was reportedly published by the World Intellectual Property Organization (WIPO). The publication also shows that the tech giants licensing arm had filed the application in June last year.
The patent reveals a new cryptocurrency mining system that performs online functions. It aims to make use of search engines, chatbots and reading ads through involuntary body activities like brain waves and body heat. The patent also explains that this could potentially help a user compute and solve problems.
Further, the patent reveals that the system will exclude the need for technical mining machines.
The document went on to explain in detail how the mining process would work. Every time a user performed any online activity, checking out advertisements or using the internet, body activity invariably took place. it could be a brain wave or emitting body heat. this data can now be used in the mining process.
Besides, the implementation of this process shows that the server itself would assign a task to the users device connected to it. A special sensor will then indicate the body activity of the user. Meanwhile, the cryptocurrency system will verify if the body activity satisfies pre-set conditions. Ultimately, the user, whose body activity data is verified, gets cryptocurrency rewards from the system.
It is expected that this cryptocurrency mining system might be able to reduce computational energy for the mining process. There are also indications that this new system helps make the mining process faster.
The patent gives an illustration to demonstrate this in the document.
For example, instead of massive computation work required by some conventional cryptocurrency systems, data generated based on the body activity of the user can be a proof-of-work. Therefore, a user can solve the computationally difficult problem unconsciously.
The blockchain industry has gained traction as many technology companies look to experiment with cryptocurrency in order to grow their products and services. From January 2014 till October 2019, the United States Patent and Trademark Office has granted up to 227 blockchain-related patents.
Recently, IBM, another tech giant, was granted a patent for developing a so-called self-aware token. Also, CoinBase patented a method of letting customers make zero-transaction fee Bitcoin (BTC) payments using email addresses linked to wallet addresses. Last year, it received a patent for automated KYC verificationas well.
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Microsoft New Crypto Initiative - Blockchain Technology - Altcoin Buzz
Its almost impossible for Bitcoin to be supplanted by an altcoin; heres why – CryptoSlate
For over a decade, Bitcoin has been the king of the crypto industry; more accurately, its the so-called grandfather of cryptocurrencies, the first that spawned the rest.
Over the majority of this decade, the assets primacy hasnt been threatened. But, ever since 2017s bull run, there have been some claiming theyve created a better Bitcoin or a blockchain to beat all the rest. I wont mention any examples, but theyre easy to come by just take a look at Twitter or Reddit.
According to a prominent investor, however, it is nigh impossible for Bitcoin to be supplanted by another cryptocurrency project. And according to him, the logic behind this argument is rather simple.
Over the past few years, Bitcoin has been branded many things by its skeptics the Myspace of cryptocurrencies and a first-generation blockchain are amongst the many names attempting to discredit the innovation of the system.
This was epitomized on Twitter when an individual commented that he struggles to get behind Bitcoin as an investment and technology because he sees it as the Netscape Navigator of crypto or a technology that is great first but will ultimately be superseded.
PlanB a pseudonymous though respected institutional investor dabbling in Bitcoin was quick to rebut this comment, writing (emphasis ours):
If you see bitcoin as a protocol (like tcp/ip, pop/imap, http etc) instead of a product or company, it will become clear that the next bitcoin is highly unlikely if not impossible. Network effects are important: you need developers, miners, exchanges, investors/liquidity etc.
Indeed, with the introduction of the Liquid Network, Lightning Network, and other solutions, innovators are seeking to build all applications and functionality Bitcoin competitors have on BTC. Bitcoin is being seen as the base layer of a digital economy: the backbone of the future system.
Furthermore, it goes without saying that Bitcoin has the biggest network out of all cryptocurrencies, with the most active community and consistently-growing usage. For it to be passed would require a lot of work.
Dan Morehead and Joey Krug of blockchain-centric fund Pantera Capital echoed this, writing that even in the short term, theres a high probability that Bitcoin outperforms a majority of altcoins amid the ongoing coronavirus crisis.
In Crypto In This Crisis: Pantera Blockchain Letter, March 2020, the investor explained that BTC will probably out-perform other tokens for a while, explaining that it is one of the crypto projects that are seriously entrenched and doesnt rely on inconsistent external funding per se:
Its a project thats already built, it works, it has an 11-year track record. Many newer blockchain and smart contract projects are still in development and might be stressed to raise funding to complete their development.
They further explained that theres typically a flight-to-quality or flight to safety where people want to put money in the mega-caps, the safest asset, the Treasuries of the industry. In the case of crypto assets, Bitcoin is a Treasury bond, as it is much more liquid than the rest.
In the same letter, Pantera predicted that BTC could surmount its $20,000 all-time high within the next 12 months, citing the monetary and fiscal trends that are transpiring.
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Its almost impossible for Bitcoin to be supplanted by an altcoin; heres why - CryptoSlate
These Five Altcoins Have Emerged As Most Preferred Alternative Crypto Assets – ZyCrypto
A recent survey conducted by cryptocurrency exchange Kraken has unearthed some interesting insights about cryptocurrencies and the respondents views about their future. The survey findings indicated that besides Bitcoin, the respondents had a positive outlook on some major altcoins. Accordingly, Ethereum, Monero, XRP, Litecoin, and Tezos were the five most preferred altcoins in that order.
The data gathered by the Kraken Intelligence team has some strong bearing on the outlook of altcoins as a majority of the respondents believe that altcoins are due to surge soon. This result is quite significant as the study collected views from 400 respondents that included individual traders, institutions, investors, payment firms, crypto exchanges, and miners.
The strong agreement in opinion among such a diverse set of respondents shows that the general market sentiment is positive towards altcoins. This can be interpreted as the general crypto community having great expectations that the alternative cryptocurrencies will emerge from their bear market that has lasted for close to two years now.
The study found that Ethereum was the most preferred altcoin, which is unsurprising since it is the second-largest cryptocurrency by market valuation, only behind Bitcoin. What was a little surprising is Monero being the second favourite altcoin, ahead of XRP. Monero is ranked 14th in market cap terms, quite far behind XRP that is ranked third.
One potential explanation for this huge difference between preference and market cap rank is Moneros strong privacy features. Monero users can send funds securely and anonymously without traceability. On the other hand, XRP real use case is facilitating cross-bank settlements thus lacking much use for the ordinary person other than speculation.
This observation is backed by the research findings that indicate a preference for Monero was that it was ASIC resistant, anonymity and the developer teams proficiency and competence. On the other hand, reasons for XRP preference were high beta to BTC, secure and institutional adoption and interest.
Those that preferred Litecoin cited its community, market cap, early mover and merchant support as the main reasons for their support of the faster version of Bitcoin.
Preference for Tezos, which emerged fifth was its ease of staking, STO play, ETH hedge and because its upgradable.
The insights provided by Kraken customers about these altcoins generally paint a positive picture and huge expectations this year.
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The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto.This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.
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These Five Altcoins Have Emerged As Most Preferred Alternative Crypto Assets - ZyCrypto
Dash, NEM and Bitcoin Cash price: Altcoins recover post breakdown – AMBCrypto
The March 12 Bitcoin plummet was a collectively woeful period for altcoins as well. With the premier cryptocurrency holding over 60 percent of the total coin market, altcoins bleed with Bitcoin, and now are seeing a resurgence.
At press time, Bitcoin Cash, NEM and Dash are vying for a breakout of their respective individual wedges, with some buying pressure acting as a foundation. However, if a move-up were to be charted, the buys would need to come in thick and fast.
Bitcoin Cash
The medium of exchange to Bitcoins store of value, and fifth-largest cryptocurrency in the market has been trading upward since March 16, to March 20, but since then hit a snag. Bitcoin Cash after reaching resistance of $242, bounced off and began moving down. The altcoin, since the high, has lost 11 percent of its value, dropping to $213 in the interim.
Looking below, immediate support lies at $201 above which is the base of the wedge, which also bears significance. In the longer-term, the $164 level should be looked at with caution as BCH dipped below and rose above it on two occasions between March 12 to March 16.
Indicators-wise, MACD or the moving average convergence divergence has seen a movement of the MACD line over the Signal line and if this pressure continues, it should move over 0, indicating more buying pressure.
Nem
Nem [XEM] also faces a similar predicament of moving within the wedge, away from its base. The wedge in question has been forming since before the March 12 drop, which shaved over a fourth of the altcoins value.
However, the altcoin has mounted a strong recovery from March 16. This recovery and subsequent sideways trading has resulted in the formation of a short-term support level at $0.0355, which at press time price was only marginally trading above by a mere 5.71 percent. Long-term support looms at $0.0301, formed earlier in the month.
Relative Strength Index [RSI] is healthy at 52, right in the middle of the channel, and has been rising consistently over the past two days, suggesting steady buying pressure.
Dash
Unlike the other two altcoins, Dash [DASH] is trading within a parallel channel, a relatively better sign than the back-and-forth movement for the rest of the market. Since the March 16 recovery, the altcoin has been trading with the range $61.6 to $76.7, where only once did it brush the roof, on March 20, and three occasions after when the floor was almost breached [once on March 23 and twice on March 28].
Going by this parallel movement, the immediate support and resistance points are placed on either ends of the channel in the short-term.
Bollinger Bands suggest that the volatility of the altcoin has dropped, as the bands are now closer together. The coins current price-candlesticks are trading over the average line, indicating a bullish move.
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Dash, NEM and Bitcoin Cash price: Altcoins recover post breakdown - AMBCrypto
Waves, Augur and Ethereum price: Bearish channel persists as optimism hovers – AMBCrypto
With the collective cryptocurrency market trading sideways, altcoins are moving helter-skelter. Ethereum, Waves and Augur, three diverse altcoins have moved in different directions, one is is yet to recover, another is trending upwards, while the third is trading flat.
Ethereum
The leading altcoin in the market saw increasing decoupling from Bitcoin earlier in the year, but now the push-and-pull with the leading cryptocurrency is back. Ether, posting a market cap of $14 .1 billion, is trading with a narrow increasingly downward sloping wedge, formed as a consequence of the infamous March 12 drop, when Bitcoin lost almost half its value.
Resistance, for the altcoin, lies quite high at $141, while the press time price was $129. Looking down, the altcoin finds support, closer to its market price at $125.4, which is where the lower bottom of the wedge lies.
Bollinger Bands for Ethereum posit an increase in volatility as the bands are moving further apart. Given that in the last two hours the candlesticks have turned red, the average is now intersecting with the price, if it moves above the price, bearish woes lie ahead.
Augur
Augur, unlike its contemporaries, is trading in an upwards channel, with the price rising since the beginning of the previous week. Owing to the March 12 collapse, Augur had lost almost a third of its value, falling to a low of $7.86. Since then, the upwards channel has pushed the coin as high as $9.86, its press time price.
Since hitting the support of $7.64, the altcoin has seen bullish pulls, allowing it to break resistance after resistance, flipping it into support levels. Two such levels can be charted at $8.24 and $9.54, respectively. Despite the fall on 27 March, REP has managed to steer clear of the drop below the latter support, and now is striving to trade within the upward channel.
MACD line for REP has moved below 0 and has dipped below the Signal line indicating bearish pressures. With the upward channels lower-bound trend line close to the price, the coin will face a struggle going forward.
Waves
The Waves platform cryptocurrency, has seen a roller coaster ride since the beginning of 2020, and now is right back to where it started. Since breaking $1 and then $1.5 in February and March, the coin went down with the Bitcoin drop, losing almost 40 percent of its value, and is now trading at $0.815.
Support lines lie at $0.789 and $0.726, while a short term resistance line is present above at $0.962, with the price firmly in between. Since the March 12 drop, the altcoin has seen a visible, albeit weak, upward channel, which is looking to alter given the dropping price since March 27.
RSI for the Waves platform cryptocurrency has been dropping since mid-February, indicating a surging selling pressure, and now is at 40.74 a marginal recovery from 33.9 where it stood on March 14.
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Waves, Augur and Ethereum price: Bearish channel persists as optimism hovers - AMBCrypto
Cosmos, DigiByte and Bitcoin SV price: will the alts fight back? – AMBCrypto
With increasing uncertainty surrounding the markets across the globe, cryptocurrencies have seen higher levels of volatility and steeper price drops. Altcoins have not been able to recover their losses after the March 12 crash and most coins continue to struggle. Bitcoin SV [BSV], Cosmos [ATOM] and DigiByte [DGB] have all endured a dip in their price in the past few days.
Bitcoin SV [BSV]
While the early parts of 2020 looked promising for the fork coin BSV, its recent price performance is rather somber. Over the past days, BSV registered a 12.4 percent drop in its price and at press time BSV has a trading value of $155. Bitcoin SV currently has a market cap of $2.8 billion and a 24-hour trading volume of $1.6 billion.
As per the 4-hour chart, there is strong support for BSV at $155 and two points of resistance at $167 and $182. Bollinger Bands are slowly expanding at the moment and imply an increase in volatility. As per the RSI indicator, BSVs price has been in the oversold zone and is now moving away towards the overbought zone.
Cosmos [ATOM]
Earlier in the year, Binance U.S began offering staking rewards for Cosmos however not much has changed regarding the fate of this altcoin. Over the course of the last few days, the price of Cosmos has once again registered a dip of 9 percent bring the price down to $1.91. If the price were to give in to the bearish momentum and fall further the strong support at $1.70, Cosmos can rely on. However, there are also resistances at $2.03 and $2.25.
As per the MACD indicator, the same has endured a bearish crossover with the signal line hovering above the MACD line. The Stochastic indicator is currently at the oversold zone but is heading northbound at press time.
DigiByte [DGB]
DGBs price is at $0.0041 and has a market cap of $52 million. In the past day, DGB has endured a price dip of 13.5 percent and if the price were to fall further, DGB might find support at $0.0029. On the contrary, if the bulls were to raise the price of the coin there are two crucial resistance that would have to be breached, at $0.0042 and $0.0057.
Currently, the RSI indicator is heading towards the oversold zone after having spent a considerable amount of time at the top. MACD indicator echoes a similar sentiment, as it has now undergone a bearish crossover.
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Cosmos, DigiByte and Bitcoin SV price: will the alts fight back? - AMBCrypto