Bitcoin
BTC$28 068.88

1.33%

Ethereum
ETH$1 796.91

2.35%

Tether
USDT$1.001141

-0.09%

Binance Coin
BNB$323.51

-0.44%

USD Coin
USDC$0.999580

0.05%

XRP
XRP$0.427684

-3.54%

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 69.6% 54 $28 068.88 1.33% 7.74% $542 479 232 239 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 79.6% 39 $1 796.91 2.35% 4.75% $219 895 368 505 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $1.001141 -0.09% -0.12% $78 575 681 204 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 74.4% 51 $323.51 -0.44% -2.98% $51 078 681 358 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 91.6% 2 $0.999580 0.05% -0.01% $34 405 741 418 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 84.4% 21 $0.427684 -3.54% 15.97% $21 790 915 468 XRP 7 days price change
7 HEX (HEX) HEX HEX predictions 62% 82 $0.105273 -13.59% 20.81% $18 255 461 602 HEX 7 days price change
8 Cardano (ADA) ADA Cardano predictions 78.4% 44 $0.362363 -2.84% 8.30% $12 581 690 970 ADA 7 days price change
9 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 75.2% 51 $0.075582 0.44% 1.34% $10 027 482 654 DOGE 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 76% 47 $1.12 -0.15% -5.20% $9 805 540 362 MATIC 7 days price change
12 Solana (SOL) SOL Solana predictions 70.4% 52 $21.64 -0.45% 7.94% $8 303 091 244 SOL 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $0.999779 0.02% -0.10% $8 062 237 832 BUSD 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 75.6% 49 $6.21 0.24% -1.17% $7 268 180 249 DOT 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 73.2% 59 $92.99 5.58% 13.69% $6 746 412 901 LTC 7 days price change

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