The new day begins and BTC It can end the boring movement with a daily candle closing over 113 thousand dollars. It will be a source of serious motivation if the US CPI data will come like PPI. But the subcoins have a 2021 obstacles in front of the total market value. This should be broken, Daancrypto touched on this point. We will now take a look at the status of both the Altcoin market value, W Coin and the status of the ETHBTC parity.
Will the subcoins rise?
Breaks pursue great movements, but for years, the only breaks in Altcoins have been down. After the last recovery, we have not yet been able to overcome the critical threshold. Although the Graphic 2021 summit, which shows the total market value of subcoins, could not leave this threshold behind, so there is an important obstacle in front of us.
“Total Altcoin market value to reach the highest level of 2021, but has not yet overcome this level.
When we see that the Altcoin market has returned to price discovery as a whole, I expect it to start a wider wave of excitement and risk for Altcoins. This will also help attract new market participants.
For now, we look forward to patiently because BTC and ETH are unstable and there will be more economic data and FOMC meeting next week. ”
The next move now needs to be a higher hill and a higher bottom. This means returning to the expected days of excitement in subcoins.
Altcoin Another graphic that investors will make their eyes ETHBTC parity. Although the level of 0.038 was tested here, the stable decline ended because the region was preserved. Ethusd needs to return to the price discovery phase over $ 3,700 and run to the $ 7-8 thousand loop target. ETH ETF data is collected. If the September 10 ETH ETF data will come in a few hours, the courage of investors may increase if a few hundred million dollars of net inputs (because of the PPI?).
W coin
PIPPE FAVORIEY TODAY subcoins He took over and one of them is W Coin. He suffered a very stable decline and showed everyone what a terrible money and competition turned into something. Poppe sees an upward deviation in the weekly graph and believes that we have a satisfactory return potential after a stable decline. Earning a 20 -week moving average W coin can be encouraging for.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
