Cardano price continues its rebound move in December, with ADA price up 75% already as altcoins catch up to Bitcoin's rally.
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.
LINK's price is nearing an ascending triangle breakout scenario in December with bullish on-chain indicators strengthening the upside case.3934
IOTA price saw a high volume surge that took the altcoin to a near one-year high, but are there reasons to support further upside?1997
Dogecoin is down today primarily due to technical factors as DOGE price now risks a deeper correction by as much as 70%.5521
XRP has entered a strong correction cycle after testing a multiyear resistance trendline. Is the bull market on pause for now?10383
A BlackRock ETF rumor prompted a big pump-and-dump in the XRP market, which may result in a 20% correction over the next few weeks.49713
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move.8197
TON’s price risks a correction in the short term as it nears a confluence of historically strong resistance zones.2552
Hayes may face short-term losses on his Solana buy-in, but the long-term upside looks promising as the cryptocurrency market recovers.19183
LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move?12257
FLOKI’s gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable?5082
Bitcoin faces 2023 resistance levels next after the weekly close sees a 3% BTC price push.7516
LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum.7578
Solana price has staged a double-digit recovery since September, and a portion of the move was due to by improving fundamentals.11519
ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take their toll.7383