Bitcoin
BTC$19 241.67

-5.61%

Ethereum
ETH$1 059.15

-3.18%

Tether
USDT$0.998955

0%

USD Coin
USDC$1.000391

-0.02%

Binance Coin
BNB$215.34

-4.45%

Binance USD
BUSD$1.000088

0.10%

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 56% 93 $19 241.67 -5.61% -9.67% $367 181 795 784 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 54.4% 92 $1 059.15 -3.18% -13.28% $128 553 316 172 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.998955 0% -0.04% $66 163 024 576 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $1.000391 -0.02% 0.04% $55 824 445 752 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 58% 83 $215.34 -4.45% -10.63% $35 160 747 810 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 95.6% 1 $1.000088 0.10% 0.04% $17 548 760 052 BUSD 7 days price change
7 Cardano (ADA) ADA Cardano predictions 64.4% 77 $0.450635 -3.60% -10.37% $15 210 103 811 ADA 7 days price change
8 XRP (XRP) XRP XRP predictions 65.6% 69 $0.312867 -5.44% -15.56% $15 124 962 063 XRP 7 days price change
9 Solana (SOL) SOL Solana predictions 63.2% 76 $32.75 -6.27% -22.31% $11 242 411 042 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 66.8% 71 $0.067391 -0.30% -0.20% $8 940 786 353 DOGE 7 days price change
11 Dai (DAI) DAI Dai predictions 96% 1 $0.999784 -0.09% -0.03% $6 859 368 442 DAI 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 67.6% 67 $6.72 -5.60% -18.62% $6 637 336 409 DOT 7 days price change
13 TRON (TRX) TRX TRON predictions 56.8% 88 $0.065207 -0.60% -1.36% $6 030 956 222 TRX 7 days price change
14 UNUS SED LEO (LEO) LEO UNUS SED LEO predictions 67.6% 60 $5.77 -0.04% -1.82% $5 499 921 297 LEO 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66.4% 66 $0.000010 -3.90% -8.85% $5 489 974 219 SHIB 7 days price change

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