Top 5 Cryptocurrencies to Watch This Week - page 2.

TGD

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Quote from: Coin_trader on September 04, 2020, 08:11:36 AM

Most of the altcoins is correlated to BTC.

Agreed in this and it makes sense that BTC is dictating the trend for the majority of altcoin, Only the stable coin is not affected by BTC volatility.

For me, $LINK, $UMA and $OIN is the coin that need to watch when crypto market recover, that 3 project have a solid feature and developer behind that will surely drive the price up for the long run. Most of the altcoin will explode next week when market recover and it is better to choose a solid project that can provide a steady price growth and not because on pure hype only like of most the DeFi coin like Sushi, AMPL, YFI and Yam.

DU18

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Quote from: Smitty Werben Man Jensen on September 04, 2020, 08:23:37 AM

I'm not saying this week, but this month there will be an interesting altcoin, it's XZC,
don't think about 5 coins, just think about 1 altcoin and buy, because now XZC is very cheap

There is nothing wrong with investing in several alt coins at once because that way we can analyze which alt coins can give us an advantage, investing in a lot of alt coins will certainly give us a greater opportunity to be profitable as long as the alt coins we invest in have good prospects. In the future, even though the market is starting to be bearish, of course not all alt coins will experience a decrease in price so there could be alt coins that we have invested in, the price might go up so that it can cover losses from other alt coins that have decreased in price.

Smitty Werben Man Jensen

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I'm not saying this week, but this month there will be an interesting altcoin, it's XZC,
don't think about 5 coins, just think about 1 altcoin and buy, because now XZC is very cheap

Coin_trader

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Guys, most of the altcoin will rise once BTC price recover. So it's better to wait on BTC to buy altcoins rather than speculate now on the price because even though the coin is showing a bullish chart while BTC is still not finish on correction then it will never start pumping and will stay below RSI. Most of the altcoins is correlated to BTC.

As you can see on the majority of altcoins right now except DeFi(because they are overbought even before BTC dump) are showing a bullish chart. This second price surge of BTC will surely bring a strong buy power to all altcoins

lepbagong

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Obviously everyone will have their own assumptions to determine what is the best altcoin because everyone also analyzes according to what they know and we can't rule out their predictions. all may make predictions with the assumption that he thinks is the best.
I currently still believe that Chainlink is a very good token if we look at how many times the growth has been obtained from the first time enter the market. BNB, LTC and it looks like the top altcoins are still deserved for investment.

GreatArkansas

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Mentioned alcoins area really owning these days, especially the ATOM.
But what my attention attract is the XEM/BTC.
Multiple horizontal resistance broken if you will check the higher timeframes on the chart.
Here's the chart for the 1hour timeframe of XEM/BTC. It's again creating a continuation bullish pattern, with voume is decreasing, kinda ready to explode again.

cryptonx

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Futurov

here is the lists BTC, ATOM, LEND, XEM, YFI
Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move.
if history were to repeat itself, Bitcoin could consolidate for another 3-12 months before making a decisive move.
During this period, when Bitcoin remains range-bound, several other altcoins are likely to rally in rotation.
For the past few months, the market action has been in the DeFi tokens, which have been in a bull run of their own.
So, while Bitcoin consolidates, let’s look at some of the altcoins that could provide an opportunity in the short-term.

read the full analysis here

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