{"id":3693,"date":"2022-01-03T08:58:11","date_gmt":"2022-01-03T08:58:11","guid":{"rendered":"http:\/\/egrowonline.com\/?p=3693"},"modified":"2022-01-03T08:58:11","modified_gmt":"2022-01-03T08:58:11","slug":"can-altcoins-remain-more-powerful-than-bitcoin-btc","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=3693","title":{"rendered":"Can altcoins remain more powerful than Bitcoin (BTC)?"},"content":{"rendered":"


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By the end of the week, bulls have managed to seize the initiative as the coins are trading in the green zone again.<\/p>\n

\"Chart\"<\/a><\/p>\n

Top coins by CoinMarketCap<\/small><\/p>\n

BTC\/USD<\/h2>\n

The price of Bitcoin<\/a> (BTC) has increased by 0.29% since yesterday.<\/p>\n

\"BTCUSD\"<\/a><\/p>\n

BTC\/USD chart by TradingView<\/small><\/p>\n

Bitcoin (BTC) remains trading in the channel with neither bullish nor bearish signals. The rate is located in the zone of the most liquidity<\/a> around $47,150, which means that the chief crypto is accumulating power for a further sharp move.<\/p>\n

If buyers can hold this area and get BTC to $50,000, there is a good chance of seeing a restest of the resistance level at $53,300 next week.<\/p>\n

Bitcoin is trading at $47,189 at press time.<\/p>\n

ADA\/USD<\/h3>\n

Cardano (ADA) has gained more than BTC with a price rise of 2.19%.<\/p>\n

\"ADAUSD\"<\/a><\/p>\n

ADA\/USD chart by TradingView<\/small><\/p>\n

Cardano<\/a> (ADA) is trading similarly to Bitcoin as the rate has bounced back from the middle of the channel.<\/p>\n

In case the rise continues, bulls can come back to the purple level at $1.479 soon. Such a scenario is relevant until the end of the next week.<\/p>\n

ADA is trading at $1.359 at press time.<\/p>\n

BNB\/USD<\/h3>\n

Binance Coin (BNB) is not an exception to the rule, going up by 1.10%.<\/p>\n

\"BNB\"<\/a><\/p>\n

BNB\/USD chart by TradingView<\/small><\/p>\n

Bulls keep holding the initiative as the price remains trading above the vital mark of $500. This level is crucial for bulls as, if they lose it, bears can return the rate to the support at $489. In other words, a further rise may be a prerequisite for continued growth to $573.<\/p>\n

BNB is trading at $522 at press time.<\/p>\n

AVAX\/USD<\/h3>\n

Avalanche (AVAX) is rising by 4.44% over the last 24 hours.<\/p>\n

\"AVAX\"<\/a><\/p>\n

AVAX\/USD chart by Trading View<\/small><\/p>\n

Despite today’s rise, bulls may not have accumulated enough power as the price remains trading in the middle of the channel between the support at $101 and the resistance at $147. Sideways trading is also confirmed by the low trading volume. If AVAX keeps trading above $110, there is a possibility to see $150 shortly.<\/p>\n

AVAX is trading at $115.38 at press time.<\/p>\n

DOT\/USD<\/h3>\n

Polkadot (DOT) is the biggest gainer today as its price has rocketed by 7.72%.<\/p>\n

\"DOT\"<\/a><\/p>\n

DOT\/USD chart by Trading View<\/small><\/p>\n

Polakdot (DOT) has bounced back to the zone of the most liquidity at $27.91. If the price keeps growing, it is likely to test the resistance zone at $38.77 within the next few days.<\/p>\n

DOT is trading at $29.24 at press time.<\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By the end of the week, bulls have managed to seize the initiative as the coins are trading in the green zone again. Top coins by CoinMarketCap BTC\/USD The price of Bitcoin (BTC) has increased by 0.29% since yesterday. BTC\/USD chart by TradingView Bitcoin (BTC) remains trading in the channel with neither bullish nor bearish […]<\/p>\n","protected":false},"author":1,"featured_media":3694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[200,50,194,2994,256],"class_list":["post-3693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-altcoins","tag-bitcoin","tag-btc","tag-powerful","tag-remain"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/bitcoin_5_Large.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3693"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3693\/revisions"}],"predecessor-version":[{"id":3695,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3693\/revisions\/3695"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/3694"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3693"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}