Altcoins continue to trend higher, but Bitcoin price needs to turn $35,000 to support in order for the entire market to gain momentum.
Select altcoins are rallying to new all-time highs while Bitcoin remains pinned below $33,000.
Chainlink has entered price discovery and traders should watch several key levels for the next possible top.
Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins.
Strong use cases and future growth possibilities appear to be pushing the price of HedgeTrade, The Graph and UMA higher.
Bitcoin’s brief period of consolidation has opened a path for select altcoins to rally higher.
Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000.
Altcoins rallied strongly over the past week, but Bitcoin’s current consolidation could be a sign that the trend may reverse soon.
Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit.
Tezos, Synthetix and Yearn finance are the most recent top performers in what appears to be a DeFi sector revival.