The launch of Stellar’s new protocol was received positively by the crypto market, coinciding in a 100% price rise for XLM across the last 48 hours.
Lumens News
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The rally in altcoins is likely to continue if Bitcoin holds at its current levels but a breakdown below $9,000 could lead to aggressive profit booking by altcoin traders.
20925Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover.
28214Bitcoin is likely to make a decisive move in the next few days and start a trending move that could remain in force for a few weeks.
19583The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin.
23008The recent surge in Bitcoin price led to rallies in Ethereum, Cardano, Theta Token and Band Protocol, can the upswing continue?
35647Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days.
27382Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term.
18520The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher.
19937Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course.
34133Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.
22244Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume.
19721XRP price has rebounded since the March crash and looks to tackle key resistance in an attempt to reclaim the $0.30 level.
18526The Stellar Development Foundation will give away up to 2.5 million Lumens to charities to help during the crisis.
2587Veteran trader secures a 60% profit on VeChain, 8% on Tron, 18% on Stellar Lumens and breaks even on Bitcoin.
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