Week 1 (2023) Altcoins Analysis

by Jan 2, 2023Altcoin Weekly Analysis, Weekly Analysis0 comments

Because of BTC.D’s weakness and the wide range of BTC’s movement, altcoins have seen a lot of selling pressure in the last two weeks, with several of them recording lower floors and even retesting their ALT. let’s get to Week 1 (2023) Altcoins analysis.

BTC.D Chart
BTC.D

On week 1 (2023) Altcoins, due to the likelihood of Bitcoin’s upward movement, BTC.D may correct, implying that altcoins may see a strong climb. And, because of the severe divergences in their charts, there is a chance that a big number of high-potential altcoins, such as ALPHA, SNX, and DYDX, may see a pump.

See also  Week 6 BTC Bitcoin Analysis

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