These Four Altcoins Could Be Ready For An Up-move If Bitcoin Rallies Above $27,500 | Old North State Wealth News
Connect with us

US News

These four altcoins could be ready for an up-move if Bitcoin rallies above $27,500



© Reuters.

Inexperienced traders usually chase prices higher during the end of the bull phase as they fear missing out on the rally. However, institutional investors tend to wait for the froth to settle before entering. Bitcoin’s (BTC) bear market in 2022 ended the hype that was seen in 2021.

Fred Pye, CEO of 3iQ, Canada’s first fund issuer, said in an interview with Cointelegraph that as “the FOMO in Bitcoin is gone” institutional investors and portfolio managers have started to take a look at it as “a serious venue.”

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
XRP/USDT 4-hour chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
LTC/USDT 4-hour chart. Source: TradingView
RNDR/USDT daily chart. Source: TradingView
RNDR/USDT 4-hour chart. Source: TradingView
CFX/USDT daily chart. Source: TradingView
CFX/USDT 4-hour chart. Source: TradingView

Continue Reading on Coin Telegraph

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Copyright © 2022 ONSWM News. Content posted on the Old North State Wealth News page was developed and produced by a third party news aggregation service. Old North State Wealth Management is not affiliated with the news aggregation service. The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date the articles were published. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed.