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

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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. However, ETC, BTG, and GMT are in a sideways transfer because the cash face rejection on the overhead resistance. The altcoins will development when the overhead resistances are breached. Allow us to speak about the most powerful altcoins for the week.

Ravencoin
Ravencoin (RVN) is in an uptrend as value breaks above the shifting reasonable traces. The cryptocurrency has rallied to the top of $0.062 because it faces rejection within the overbought area. The altcoin is prone 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 reveals make stronger above the shifting reasonable traces. Then again, the uptrend will probably be terminated if the fee breaks underneath the shifting 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 push to degree 2.618 Fibonacci extension or $0.055. RVN is underneath the 80% vary of the day-to-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 development zone. ATOM value is making a chain of upper highs and better lows. The coin has risen to the top of $17.10 which is the overbought area of the marketplace. Additional upward motion of the coin is in doubt as ATOM reaches the $18 resistance zone.

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

At the drawback, ATOM will retrace above the $13.31 make stronger of the shifting reasonable traces if it faces rejection on the contemporary top. The uptrend will resume if the altcoin holds above the shifting reasonable traces. Then again, the uptrend will probably be terminated if value breaks underneath the shifting 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 probably be drawn to 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 development since July 29. On July 29, ETC rallied to the top of $45.38 however the uptrend used to be hindered on the contemporary top.

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

 

For the previous two months, patrons have didn’t stay the fee above the $45 overhead resistance. They have got retested the overhead resistance 3 times and have been repelled. Nowadays, ETC is emerging to retest the $45.38 overhead resistance. The altcoin is above the 60% vary of the day-to-day stochastic. It signifies that the marketplace is within the bullish development 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 push to the resistance at $35.

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

Conversely, if the bears spoil underneath the 21-day line SMA, it’ll 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 push to degree 1.618 Fibonacci extension or $18.35. BTG is above the 70% vary of the day-to-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 development as value breaks above the 21-day line SMA. The cryptocurrency is now fluctuating between the shifting 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 development when the shifting reasonable traces are damaged.

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

For example, if value breaks above the 50-day line SMA, the altcoin will upward push and retest the $1.00 overhead resistance. A spoil above the $1.00 resistance will catapult GMT to the top 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 stability 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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