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Topic: Mainstream currencies all rose, ETC, XRP led the rise (Read 203 times)

member
Activity: 420
Merit: 15
Probably it was dead cat bounce so next days we will see new dip but I'll be happy if I'm wrong and we will see new bull run when all crypto will pump like it was in January, 2018.
jr. member
Activity: 336
Merit: 2
The current mainstream currencies all rose, with ETC leading the gains, an increase of 13.03%, and a temporary report of $12.11. In addition, BTC rose 2.93%, temporarily reported 6206.3 US dollars; BCH rose 5.63%, temporarily reported 519.08 US dollars; ETH rose 8.4%, temporarily reported 281.52 US dollars; EOS rose 9.35%, temporarily reported 4.75 US dollars; XRP rose 11.67%, temporarily reported 0.287 US dollars .
Yeah but now other coins leads, there has been a little increase in major coins in the market, and it seems the market has started to recover, but let's keep looking and see what coming days and weeks will bring.
newbie
Activity: 78
Merit: 0
The current mainstream currencies all rose, with ETC leading the gains, an increase of 13.03%, and a temporary report of $12.11. In addition, BTC rose 2.93%, temporarily reported 6206.3 US dollars; BCH rose 5.63%, temporarily reported 519.08 US dollars; ETH rose 8.4%, temporarily reported 281.52 US dollars; EOS rose 9.35%, temporarily reported 4.75 US dollars; XRP rose 11.67%, temporarily reported 0.287 US dollars .

Yes and its a good Indicators I hope it will continue to rise to recover the losses.
member
Activity: 448
Merit: 10
Yes, the mainstream cryptocurrencies had started to rise up in the current situation because of bitcoin's rise in the market. These altcoins were purely dependent in the btc market increase as this is the usual case even before since altcoins and btc are correlated with each other. Every investors of cryptocurrency is hoping to have a continuous growth in the market such that more people will be encourage to invest in btc and alts mainly because they are seeing progress in the market.
jr. member
Activity: 280
Merit: 2
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Yeah, I take a look at the coin market cap right now and i see that every where is green  Grin and i wish this should continue to go high and take us to the bull run, because we have seen enough bear market this 2018.
plr
member
Activity: 1162
Merit: 24
The current mainstream currencies all rose, with ETC leading the gains, an increase of 13.03%, and a temporary report of $12.11. In addition, BTC rose 2.93%, temporarily reported 6206.3 US dollars; BCH rose 5.63%, temporarily reported 519.08 US dollars; ETH rose 8.4%, temporarily reported 281.52 US dollars; EOS rose 9.35%, temporarily reported 4.75 US dollars; XRP rose 11.67%, temporarily reported 0.287 US dollars .

I don't think it's going to continue, the market is really volatile, it could go down again unless the ETF issue is settled we will have a see-saw price leading to the 30th of September, hopefully the 30th of September is final time and they will render their decision to approve or deny Bitcoin.
newbie
Activity: 126
Merit: 0
It doesn't seem like this rise is permanent, considering the fact that I read somewhere today that BTC has a date with $4400, so this rise could be very temporary. Traders will always do their thing, take profits as they ride the tide
member
Activity: 280
Merit: 10
better Days Ahead...
Yeah there are small increases in almost all the major coins in the market, seems market is beginning to make a small recovering, because it is far below the bottom, let's wait for some few days or weeks to see where we are heading to. 
newbie
Activity: 196
Merit: 0
the altcoin average has increased by around 2-10%, I think this is quite encouraging, today it all started with a good improvement, I hope this increase will continue for the next few weeks, there are some people who say altcoin has increased in value due to the crisis in Turkey has begun to end and the Turkish currency has strengthened against the US dollar.
full member
Activity: 352
Merit: 100
Personally for me even with all this, I still thing the fluctuation in price will still continue and the only thing I hope and wish for now is for the market to be corrected and the bull run should start. I hope this rise as you call it will be the beginning of market recovery until everything changes to green.
legendary
Activity: 2982
Merit: 1069
Just hoping for this rise to be a permanent one. All of the cryptocurrency are in their one year lowest and hodlers are already losing their patience.
Most of the newbie traders do trade emotionally leading to losses in both rise and fall. It's better to set a rule for yorself an don't care about rise and fall of market.
legendary
Activity: 1904
Merit: 1277
The current mainstream currencies all rose, with ETC leading the gains, an increase of 13.03%, and a temporary report of $12.11. In addition, BTC rose 2.93%, temporarily reported 6206.3 US dollars; BCH rose 5.63%, temporarily reported 519.08 US dollars; ETH rose 8.4%, temporarily reported 281.52 US dollars; EOS rose 9.35%, temporarily reported 4.75 US dollars; XRP rose 11.67%, temporarily reported 0.287 US dollars .

Often following a fall, those that fell hardest also rise back the fastest, which I suspect is the case here.
I do think that both ETH and XRP are great projects, but I'm not sure that the price increase today is due to those projects, I think it's just a full market rebound.
hero member
Activity: 826
Merit: 500
That doesnt tells us anything about the market situation but just one thing that these coins were bought more than the others. However, this % rise and comparison is little off the maths rules. I mean the prices for different coins are different and thus where 2% hike in BTC can mean millions of dollars investment in 24 hours while on the other hand 11% or more rise in the XRP could be just half million or so due to its price. Because the more price, the more money it would take up to rise that much. So its all right for info purpose but we cant judge anything from this.
what is the meaning of this message? I didn't understand you. such statistics should be updated daily. Yes, some coins have grown, but their dynamics is very high, so some indicators are no longer relevant.
sr. member
Activity: 700
Merit: 275
That doesnt tells us anything about the market situation but just one thing that these coins were bought more than the others. However, this % rise and comparison is little off the maths rules. I mean the prices for different coins are different and thus where 2% hike in BTC can mean millions of dollars investment in 24 hours while on the other hand 11% or more rise in the XRP could be just half million or so due to its price. Because the more price, the more money it would take up to rise that much. So its all right for info purpose but we cant judge anything from this.
sr. member
Activity: 518
Merit: 250
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The current mainstream currencies all rose, with ETC leading the gains, an increase of 13.03%, and a temporary report of $12.11. In addition, BTC rose 2.93%, temporarily reported 6206.3 US dollars; BCH rose 5.63%, temporarily reported 519.08 US dollars; ETH rose 8.4%, temporarily reported 281.52 US dollars; EOS rose 9.35%, temporarily reported 4.75 US dollars; XRP rose 11.67%, temporarily reported 0.287 US dollars .
It is now clearly seen the most stable coins that are not very prone to volatility, both in the fall and the rise. But do not build illusions, everything can again be filled with red indicators.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
this is a good example of shortsightedness.

what you call "rise" is merely a small recovery of altcoins gaining back the huge amount of price that they lost in the past 48 hours. it is similar to correction when price is just recovering from a big change in this case a massive dump.
it is like celebrating when price falls from $500 to $100 then rises to $120 Cheesy
hero member
Activity: 1458
Merit: 509
Yes mainstream cryptocurrencies moving up their fiat value since upto 12-13 hours ago. I think it's the usual speed of cryptococoncy, Bitcoin BCH Etherium and LTC will surely restore the lost value.
It looks a bit difficult right now consider the fact that they have been getting a lot of decrease in their value rather than how much price after a little recovery has already happened. This needs a lot of good news to create another hype in the cryptocurrency again and it's my point. More good news and that brings a lot of support.
sr. member
Activity: 1428
Merit: 250
Yes mainstream cryptocurrencies moving up their fiat value since upto 12-13 hours ago. I think it's the usual speed of cryptococoncy, Bitcoin BCH Etherium and LTC will surely restore the lost value.
member
Activity: 238
Merit: 10
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Yesterday, however, almost all of the mainstream tokens suffered big declines.
So I think the risk of investing in ALT is still very high, and I prefer to invest in BTC.
newbie
Activity: 141
Merit: 0
Up and down prices in cryptocurrency is very common and often happens. but Ethereum was very unfortunate, because it experienced a very large decline. maybe it's a good time to buy ethereum.
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