Ripple surge. The rest of altcoins also rally and leave bitcoin? - page 2.

qwizzie

legendary

Activity: 2548

Merit: 1245

I think Bitcoin will be trading sideways into 2020, specially after having just read this :

VanEck, SolidX Withdraw Bitcoin ETF Proposal From SEC Review
https://www.coindesk.com/vaneck-solidx-withdraw-bitcoin-etf-proposal-from-sec-review

And i also think Altcoin Season is very near. Some altcoins showing signs of new longterm uptrends.
This will make them move more independent from Bitcoin.

This is a longterm 1W chart of Dash, where you can see how close this cryptoproject is to a new longterm uptrend :

You can check the charts for other altcoins this way as well. When the altcoins have fully processed
their current longterm down trend and are starting a new longterm up trend, then we will possibly see
an Altcoin Season starting.

metallica101

jr. member

Activity: 56

Merit: 9

Crypto-Rating.com - Price Prediction At Its Best

It was interesting that Ripple immediately released another 30 million XRP, whether it was to knock down the price or to sell them to a whale - it is hard to tell. In any event, that could have easily ended the XRP surge, which makes it even more interesting that it didn't react at all.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

Quote from: eagle10 on September 18, 2019, 12:33:09 AM

Will this be the start of a short-lived altcoins dominating the market? Will bitcoin stuck for another month or a few months more before climbing back to the top? What's your opinion?

Here is the article:
https://www.newsbtc.com/2019/09/18/altcoins-awaken-what-has-driven-the-epic-xrp-surge/

Altcoins are probably just recovering from their huge losses. They have lost alot actually, compare to Bitcoin.
If you compare altcoins 2017/2018 peak to their current prices and Bitcoin 2017/2018 peak to its current price you will understand that Bitcoin is doing way better than all the coins

Red-Apple

hero member

Activity: 1470

Merit: 655

for the past 10 years that bitcoin has been around and the smaller time that altcoin market was created this has ALWAYS been the trend:

* bitcoin rise ==> altcoins dump
* bitcoin fall ==> altcoins dump more
* bitcoin stable ==> altcoins pump

right now bitcoin has entered its 4th week of stable price at $10k range and that means all the traders are starting to think about pumping shitcoins to make profit while bitcoin remains stable so that they could increase the amount of bitcoin they have before it starts rising back up again and altcoins get dumped.

with that said XRP is not "surging", a surge is anything above at least 70% to 100% pump. XRP had a tiny 10% pump.

Kang TB

sr. member

Activity: 1050

Merit: 250

Revolutionizing Reward Points

Quote from: eagle10 on September 18, 2019, 12:33:09 AM

Will this be the start of a short-lived altcoins dominating the market? Will bitcoin stuck for another month or a few months more before climbing back to the top? What's your opinion?

Here is the article:
https://www.newsbtc.com/2019/09/18/altcoins-awaken-what-has-driven-the-epic-xrp-surge/

when i write this post, BTC Dominance is about 67.6% and the rest is going to altcoin my friend
thats mean bitcoin still dominating the market now,
Bitcoin dominance just down about 2,5% - 3% but the price of alt run in good movements, can you imagine if bitcoin dominance down and touch 60% ?
maybe most of good alts will fly high,,

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: eagle10 on September 18, 2019, 12:33:09 AM

Will this be the start of a short-lived altcoins dominating the market? Will bitcoin stuck for another month or a few months more before climbing back to the top? What's your opinion?

Here is the article:
https://www.newsbtc.com/2019/09/18/altcoins-awaken-what-has-driven-the-epic-xrp-surge/

If bitcoin stuck for another month, then I think that will be a great time for an altcoin to start climbing to the higher price.
The altcoin is suffering for a long time, and the altcoin still waiting for a good time to rise again while bitcoin still moves up and down.
I see that in the market, many altcoins are starting to increase, and some of them can break the higher price and stay at that price.
So I think the altcoin will have a big chance to grow in this month and the rest of the month.
The altcoin will have time to dominate the market besides bitcoin because it seems, bitcoin itself is waiting for something before the price can increase more.
Maybe you can watch the market closely so you can see which altcoin that can increase and who knows that coins will be your coins.

eagle10

sr. member

Activity: 840

Merit: 252

Will this be the start of a short-lived altcoins dominating the market? Will bitcoin stuck for another month or a few months more before climbing back to the top? What's your opinion?

Here is the article:
https://www.newsbtc.com/2019/09/18/altcoins-awaken-what-has-driven-the-epic-xrp-surge/

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