BTC/JPY - weekly Analytics + Altcoins 31.08.2020
Bitcoin is consolidating to the impulse originated from 16.07.2020 to 02.08.2020. Locally, there is a false breakdown that portends the continuation of a growing trend. In general, the situation looks positive for the further growth of quotations. Investors' sentiment is correcting slightly and still stay at optimistic levels.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
The technical situation in altcoins has not changed significantly since last week. We still highlight ETH and ZRX as coins with the significant growth potential, and Contentos, Compound, Cortex with an emerging long-term trend and the special interest for buyers.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
The technical situation in altcoins has not changed significantly since last week. We still highlight ETH and ZRX as coins with the significant growth potential, and Contentos, Compound, Cortex with an emerging long-term trend and the special interest for buyers.
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