3 altcoins that defy Bitcoin’s dominance and continue to rise – CSPR, TWT, CRV
Despite facing a rejection from the $0.055 high, the price of the CSPR remains strong as the price breaks above the key support area. TWT breaks out of the descending triangle as the price looks strong despite Bitcoin (BTC) pulling the market price down. CRV price respects the downtrend line as it seeks to break out of the downtrend price action. The crypto market has not had the uptick many expected as the market continues to fluctuate despite showing some big upside signs at the beginning of the month. Casper Networks (CSPR ), Trust Wallet Token (TWT) and Curb DAO (CRV), there are growing concerns about Bitcoin Dominance (BTC.D) that could affect the price Nevertheless, it shows strength. of altcoins when BTC retreats. Here are three altcoins that have defied the appeal of BTC.D. Related reading: Arca Firm CEO thinks Crypto Winter is dead, but is it really? Price analysis on Casper Network’s (CSPR) daily chart Most projects don’t perform well in bear markets , many projects have experienced price drops of 50% or more, discouraging most traders and investors from stockpiling these assets. This has affected most cryptocurrency projects as Bitcoin’s dominance (BTC.D) has risen and BTC’s price has remained within a certain range. CSPR prices are enjoying a slightly better price increase. The CSPR price fell to a daily low of $0.03 before rallying to a high of $0.055 to regain key support. The price of CSPR should stay above $0.045 corresponding to the exponential moving average of 200. A breakout of this region can propel the price to $0.077. Daily resistance to the price of CSPR – $0.077. Weekly support for CSPR price – $0.045. Trust Wallet Token (TWT) Price Analysis The daily timeframe for the price of TWT shows resilience as the price continues to maintain bullish strength after a successful breakout from the descending triangle . TWT price is facing resistance at $1.2. For the price to rise, it must break through this region. If the price fails to break out of this range, it may retest the support at $1. TWT price daily resistance – $1.2. TWT price daily support – $1. 3 Altcoins – Price Analysis of the Curve DAO (CRV) CRV price bounces out of the region after dropping to a daily low of $0.5 and faces a refusal of the uptrend after price climbs to a high of $1.5 Did. The price of the CRV was rejected as it continued to fluctuate and formed a descending triangle that could breakout to $1 highs. CRV price daily resistance – $1.2. CRV price daily support – $0.65.Related reading: This on-chain metric suggests Bitcoin is not in danger of another sharp drawdown
https://bitrss.com/news/278109/3-altcoins-that-defy-bitcoin-dominance-and-continue-to-rally-cspr-twt-crv 3 altcoins that defy Bitcoin’s dominance and continue to rise – CSPR, TWT, CRV