Altcoin Watch
SOL price looks bearish on multiple chart timeframes, leading analysts to put a short-term target on $50. Will the “extreme” state of SOL’s MVRV indicator prevent another price crash?
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Altcoin Watch News
Altcoin watch refers to the practice of monitoring and analyzing alternative cryptocurrencies to Bitcoin, known as altcoins. With thousands of altcoins available in the market, each with special features and uses, traders and investors keep a close eye on their movements in search of possible investment opportunities. Altcoin watch entails keeping an eye on news about particular altcoins, as well as price changes, trading volume and market capitalization.
Investors engage in altcoin watch to diversify their portfolios beyond Bitcoin, hoping to capitalize on the rapid growth potential of certain altcoins. Monitoring altcoins allows investors to identify emerging trends, promising projects and innovative technologies within the cryptocurrency space. Additionally, traders often use technical and fundamental analysis techniques to evaluate altcoins, aiming to predict price movements and make profitable trades.
However, altcoin investments come with higher risks due to their volatility and the evolving nature of the cryptocurrency market. Consequently, individuals engaged in altcoin watch must stay informed, conduct thorough research, and exercise caution when making investment decisions.
- Market Update
Net selling from altcoins topped $209 billion, far outpacing the sell volumes seen during Bitcoin's five-month sell-off. Will these traders reposition into Bitcoin?
1493 - Altcoin Watch
Ethereum onchain data and a bear pennant on the daily chart suggest that bears may target the $1,100 level. Would a dip to that zone represent a generational buy opportunity?
1609 - Altcoin Watch
Multiple technical, onchain and exchange-traded product data points suggest $1.12 was the generational bottom for XRP. Is it time for a trend reversal?
2263 - Market Analysis
Ether is down 20% in February, but a developing bullish setup below $2,000 and growing upside liquidation clusters hint at a quick rebound.
2007 - Altcoin Watch
Traders say Ether’s declining open interest and futures funding rates could form the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500.
2896 - Altcoin Watch
XRP looked increasingly bearish at $1.40, with a key indicator suggesting that a downward move below $1 was possible in the coming weeks.
3034 - Altcoin Watch
Ether inflows into accumulation addresses spike despite ETH price falling below $2,000, signalling strong investor confidence in the long term.
2674 - Altcoin Watch
SOL’s price has validated a classic head-and-shoulders pattern on multiple time frames, with a price target of about $50.
2469 - Altcoin Watch
Ether price still risks declining toward the $1,000-$1,400 range, according to a confluence of bearish technical and onchain indicators.
3018 - Market Analysis
Ether is testing holder conviction with its price dip, with data showing continued selling by smaller holders and steady accumulation by larger investors.
2602 - Altcoin Watch
XRP’s bearish chart pattern signaled a possible price correction toward $1.22, fueled by declining demand and open interest.
3458 - Market Analysis
Ether risks declining toward the $1,665-$1,725 range in February, according to a confluence of bearish technical and on-chain indicators.
1920 - Altcoin Watch
Solana price technicals suggest that the recent correction to $100 was a buy-the-dip opportunity as traders look for a recovery path toward $260.
2621 - Altcoin Watch
XRP is below the average buy price of the past year, putting many holders in the red and increasing downside risk in the near term.
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