The altcoins underneath are the most powerful altcoins for the week. RVN and ATOM are the highest most powerful altcoins for the week. The altcoins are buying and selling within the overbought area of the marketplace. Then again, ETC, BTG, and GMT are in a sideways transfer because the cash face rejection on the overhead resistance. The altcoins will pattern when the overhead resistances are breached. Allow us to talk about the most powerful altcoins for the week.

Ravencoin
Ravencoin (RVN) is in an uptrend as value breaks above the transferring reasonable traces. The cryptocurrency has rallied to the prime of $0.062 because it faces rejection within the overbought area. The altcoin is more likely to retrace to the low of $0.045 or $0.041.

Price Prediction for September 9: RVN, ATOM, ETC, BTG, and GMT
RVN/USD – 4 Hour Chart

The uptrend will resume if it unearths give a boost to above the transferring reasonable traces. Then again, the uptrend will likely be terminated if the cost breaks underneath the transferring reasonable traces. In the meantime, at the September 4 uptrend; a retraced candle frame examined the 38.2% Fibonacci retracement degree. The retracement means that the altcoin will upward thrust to degree 2.618 Fibonacci extension or $0.055. RVN is underneath the 80% vary of the day by day Stochastic. It signifies that the marketplace is in a bearish momentum. RVN is the most powerful altcoin for the week. It has the next traits:

The present value: $0.05377
Marketplace Capitalization: $1,129,545,069
Buying and selling Quantity: $368,232,142
7–day Acquire/Loss: 92.10%

Cosmos
Cosmos (ATOM) value is in an uptrend because it trades within the bullish pattern zone. ATOM value is making a sequence of upper highs and better lows. The coin has risen to the prime of $17.10 which is the overbought area of the marketplace. Additional upward motion of the coin is unsure as ATOM reaches the $18 resistance zone.

Price Prediction for September 9: RVN, ATOM, ETC, BTG, and GMT
ATOM/USD – Day-to-day Chart

At the problem, ATOM will retrace above the $13.31 give a boost to of the transferring reasonable traces if it faces rejection on the fresh prime. The uptrend will resume if the altcoin holds above the transferring reasonable traces. Then again, the uptrend will likely be terminated if value breaks underneath the transferring reasonable traces. It’s at degree 71 of the Relative Power Index for duration 14. It signifies that ATOM has reached the overbought area of the marketplace. Dealers will likely be interested in the overbought area of the marketplace. Cosmos is the second-strongest altcoin within the week. It has the next traits:

The present value: $16.03
Marketplace Capitalization: $4,589,505,478
Buying and selling Quantity: $1,228,934,271
7–day Acquire/Loss: 28.01%

Ethereum Vintage
Ethereum Vintage (ETC) is in a sideways pattern since July 29. On July 29, ETC rallied to the prime of $45.38 however the uptrend used to be hindered on the fresh prime.

Price Prediction for September 9: RVN, ATOM, ETC, BTG, and GMT

 

For the previous two months, patrons have didn’t stay the cost above the $45 overhead resistance. They’ve retested the overhead resistance 3 times and had been repelled. Lately, ETC is emerging to retest the $45.38 overhead resistance. The altcoin is above the 60% vary of the day by day stochastic. It signifies that the marketplace is within the bullish pattern zone. Then again, ETC is the third- most powerful altcoin for the week. It has the next options:

The present value: $39.71
Marketplace Capitalization: $8,365,691,462
Buying and selling Quantity: $1,376,114,572
7–day Acquire %: 23.65%

Bitcoin Gold
Bitcoin Gold (BTG) value is in a downward correction because it resumes upward. It’s buying and selling above the 21-day line SMA however underneath the 50-day line SMA. At the upside, if value breaks above the 50-day line SMA, the altcoin will upward thrust to the resistance at $35.

Price Prediction for September 9: RVN, ATOM, ETC, BTG, and GMT
BTG/USD – Day-to-day Chart

Conversely, if the bears destroy underneath the 21-day line SMA, it’s going to sign the resumption of the downtrend. In the meantime, at the August 9 uptrend; a retraced candle frame examined the 61.8% Fibonacci retracement degree. The retracement means that the altcoin will upward thrust to degree 1.618 Fibonacci extension or $18.35. BTG is above the 70% vary of the day by day stochastic. It signifies that the marketplace is in a bullish momentum. It’s the fourth- most powerful altcoin within the week and has the next traits:

The present value: $26.09
Marketplace Capitalization: $547,920,982
Buying and selling Quantity: $49,598,992
7–day Acquire/Loss: 18.29%

STEPN
STEPN (GMT) is in a sideways pattern as value breaks above the 21-day line SMA. The cryptocurrency is now fluctuating between the transferring reasonable traces. The present bullish momentum is repelled on the 50-day line SMA. Since Would possibly, GMT has been buying and selling between $0.60 and $1.00 value ranges and the altcoin will pattern when the transferring reasonable traces are damaged.

Price Prediction for September 9: RVN, ATOM, ETC, BTG, and GMT
GMT/USD – Day-to-day Chart

As an example, if value breaks above the 50-day line SMA, the altcoin will upward thrust and retest the $1.00 overhead resistance. A destroy above the $1.00 resistance will catapult GMT to the prime of $1.74. In the meantime, the altcoin is at degree 49 of the Relative Power Index for duration 14. It signifies that there’s a steadiness between provide and insist. It’s the fifth-best- most powerful altcoin for the week and has the next traits:

The present value: $0.7413
Marketplace Capitalization: $4,447,556,017
Buying and selling Quantity: $261,058,360
7–day Acquire/Loss: 17.04

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