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Small Cap Cryptocurrencies Could Be Ready to Roll

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Small Cap Cryptocurrencies Could Be Ready to Roll

Introduction

This article was posted on Thursday, 07:32, UTC.

The crypto-market is still dominated by the long-term correction pattern that keeps Ethereum’s and Bitcoin’s price in narrow ranges for almost a week now, with no significant moves in the two most valuable cryptocurrencies after last week’s strong decline and quick rebound. The smaller coins are now diverging from the majors and each other after moving together for several days.

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With the break-outs of Litecoin and Dash, “rotation” between the coins is back and that could mean that some of the currencies will make a move soon even of ETH and BTC continue to trade sideways. That said, more consolidation is still possible for the smaller coins, as corrections usually happen in price and in time as well. Today we take a look at Stratis, Bitshares, Zcash, Steem, and Antshares, while tomorrow we will analyze IOTA, Waves, Digibyte, Siacoin, and Dogecoin.

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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