Stellar Price Index

The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips.

Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days.

The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days.

Thai Stellar-based blockchain startup Lightnet raised $31.2 million in a Series A funding round led by major financial conglomerates in South East Asia.

Several altcoins have made their first move from longtime lows and if Bitcoin is able to confirm a bottom, a marketwide rally is likely to pick up steam.