The crypto market took a hit to start the week when Bitcoin (BTC) threw a wrench in numerous altcoin setups when it fell from $8,200 to $7,900.
However, several altcoins have continued to show strength against Bitcoin, including:
Dogecoin (DOGE): As we anticipated, Dogecoin continues to move higher and is now trading in the 34-36 sats range. Keep an eye on this one, 34 could turn into 100 in a blink of an eye.
ChainLink (LINK): The LINK/BTC chart has been an absolute beauty over the last month and is now in a stage of bullish consolidation. One thing investors should keep in mind is that we could be looking at a double top as we’re near July highs.
Matic Network (MATIC): The former Binance IEO is well-known for its massive run-up back in May. While it’s definitely been under the radar relative to the large-caps, MATIC has been moving steadily higher in recent weeks and looks like it could be ready to continue.
XRP (XRP): The second-largest altcoin continues to show strength relative to Bitcoin and has been flirting with the $0.30 level. Historically, XRP/BTC likes to surge quickly so keep an eye on this one.
US investors can trade XRP and DOGE with zero commissions on the Voyager app by signing up through this link (or use code: SLUDGE25).
More: Binance Increases Max Leverage for Bitcoin (BTC) Trading to 125x
Recent: Here’s the Probability of Bitcoin (BTC) Being Above $20K in December
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.