The post These Altcoins Could Skyrocket Once Bitcoin Moves Beyond $38,000 appeared first on Coinpedia Fintech News
The Bitcoin price again surged close to $38,000 and faced rejection to trade close to $37,300 at the moment. As the altcoins are closely related to Bitcoin, and hence the BTC price moves bullishly, the altcoins have also made a significant move. Consecutively, when the altcoins are growing, Bitcoin could also grow higher. Therefore, if the star crypto moves first, the altcoins are surely expected to follow, and vice versa.
Although Bitcoin is a primitive and the largest crypto in the market, some of the altcoins are closer to undergoing a fine upswing.
Compound (COMP) Price Analysis
The compound price surged massively during the previous trading day after forming a Doji candle and reclaimed the levels it traded during the mid of August
The price appears to be in between a parabolic recovery and, hence, an upswing after undergoing a four-day-retracement
Therefore, the pri
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