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# Dominance
1.17M
KamruzzamanShakil
"Why did the #Altcoins suddenly stop #Pumping?
Yesterday, the #Dominance suddenly dropped by 1%, which caused some coins to pump huge, but ever since that drop, they found support near the lower trendline and haven't really been making much of a move!
If the dominance at its current level starts to climb up again, and if $BTC also starts to drop at the same time, then all the altcoins are going to see a massive dump again.
However, if that trendline breaks for any reason, the altcoins will start to give a huge pump again, just like yesterday.
So, definitely keep an eye on the Dominance!"
Yesterday, the #Dominance suddenly dropped by 1%, which caused some coins to pump huge, but ever since that drop, they found support near the lower trendline and haven't really been making much of a move!
If the dominance at its current level starts to climb up again, and if $BTC also starts to drop at the same time, then all the altcoins are going to see a massive dump again.
However, if that trendline breaks for any reason, the altcoins will start to give a huge pump again, just like yesterday.
So, definitely keep an eye on the Dominance!"
BTC-6,04%
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As you know, tomorrow is the monthly close. The BTC Dominance (BTC.d) level at 62.30 is crucial at this stage — especially if the monthly candle closes below it. In August, BTC.d may rise to a maximum of 63.50, but we are likely to see sharp declines afterward. This would mark the real beginning of the altcoin rally — not an artificial one.
#Dominance #BTC & ETH Launchpool Yield Exceeds 3% #Alpha Points System Opens #Ethereum 10th Anniversary
#Dominance #BTC & ETH Launchpool Yield Exceeds 3% #Alpha Points System Opens #Ethereum 10th Anniversary
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GM FAM ☀️☀️☀️
I wish everyone a pleasant day ☕️
BTC.D reacted from support and turned upwards. I expect the old support, which I marked in orange, to be rejected from the current resistance. ✍️
#BTC #Dominance
I wish everyone a pleasant day ☕️
BTC.D reacted from support and turned upwards. I expect the old support, which I marked in orange, to be rejected from the current resistance. ✍️
#BTC #Dominance
BTC-6,04%
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