Bitcoin
BTC$62 869.45

2.71%

Ethereum
ETH$2 947.78

0.66%

Tether
USDT$0.999885

0.03%

Binance Coin
BNB$592.86

-0.45%

Solana
SOL$147.53

2.47%

USD Coin
USDC$1.000119

0.02%

Polkadot (DOT) ends weekend with 10% surge


13 Sep 2021

#Polkadot

Signs of strength slip into Bitcoin markets but altcoins are proving more interesting as the weekend draws to a close. Bitcoin (BTC) hit problems at $46,000 on Sept. 12 after a “strong bullish divergence” on lower timeframes met with resistance. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reject sharply after hitting local highs of $46,280 on Bitstamp. The move continues a ranging weekend, over which the pair failed to recover from Friday’s sell-off. $45,500 is an important level for Bitcoin in the form of its 50-day moving average, a level which on Sunday continued to hold as support. As noted by trader and analyst Rekt Capital, lower timeframes showed increasing strength on the day, with a “strong bullish divergence” characterizing the 4-hour chart. At the time of writing, however, no new levels had entered as support.

“Bitcoin formed a Lower Low on the 4-hour timeframe during the days spanning the 8th and 10th of September,” he summarized. “Over the course of the 10th and 12th of September however, $BTC formed a new Higher Low on the 4-hour timeframe.”

Cointelegraph contributing analyst Michaël van de Poppe was also on the lookout for a higher low construction. “Looking at a higher low to be constructed at Bitcoin and then we're ready to go toward $50K,” he said Saturday.

Polkadot leads Sunday's altcoin moves

As Cointelegraph reported, expectations include a Bitcoin price dip to as low as $38,000 at worst, with September poised to be a month of rumination for the bull run continues. Bitcoin’s overall crypto market dominance continued to fall at the weekend, nearing 40% in what could prove to be a boon for altcoin performance.

Signs of life were already present on major alts Sunday, with Polkadot (DOT) leading the top ten with 10% daily gains. The largest altcoin, Ether (ETH), was up 3.2% at $3,425, albeit still down 13% compared to its position last weekend.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 88.4% 13 $62 869.45 2.71% -1.07% $1 238 395 845 538 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 86% 20 $2 947.78 0.66% -4.49% $354 067 616 465 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $0.999885 0.03% -0.02% $110 827 283 442 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 87.2% 15 $592.86 -0.45% 0.02% $87 498 775 284 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 81.2% 29 $147.53 2.47% -5.02% $66 173 253 782 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $1.000119 0.02% 0.01% $33 044 617 995 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 88.4% 14 $0.507343 1.35% -7.26% $28 086 109 675 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 75.2% 54 $7.15 3.23% 22.24% $24 832 781 843 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 78% 34 $0.149100 5.72% -5.47% $21 511 728 363 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 87.2% 17 $0.439023 0.52% -4.30% $15 659 350 032 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 78% 45 $0.000023 4.66% -3.31% $13 752 042 335 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 78.8% 33 $32.63 -1.88% -13.21% $12 454 112 721 AVAX 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 81.6% 34 $0.126238 -0.30% 6.03% $11 042 655 003 WTRX 7 days price change
14 TRON (TRX) TRX TRON predictions 83.2% 34 $0.126005 -0.71% 5.83% $11 022 228 401 TRX 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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