Cryptocurrency News

Here are 3 altcoins that could surge once Bitcoin flips $35K to support

06/02/2022

Less than a minute

2022.06.02 01:41

Here are 3 altcoins that could surge once Bitcoin flips $35K to support

Bitcoin (BTC) and the wider cryptocurrency market are taking a breather after the rally on May 31. Meanwhile, most altcoins remain severely oversold, with most between 70% and 90% below their all-time highs.

Total altcoin index capitalization

What is clear is that fear is everywhere and blood is in the water. Risk-on markets are suffering worldwide, but it is exactly these kinds of conditions that create opportunities where professional money accumulates and adds to positions.

ADA/USD weekly Ichimoku Kinko Hyo chart Source: TradingViewADA/USD weekly chart (Binance) Source: TradingViewPolygon (MATIC) Source: Twitter (NYSE:TWTR)MATIC/USD weekly chart (Binance) Source: TradingViewXLM/USD weekly chart (Binance) Source: TradingView

06/02/2022

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