The latest altcoin news and rumors are showing that there are so many cryptocurrencies which are able to dethrone Bitcoin (BTC) now – well, at least in terms of surges. Today’s analysis features six altcoins which recently made impressive gains and rose more than the most dominant coin out there.
Currently, some of the best altrnative coins are Matic Network (MATIC), WePower (WPR), Zilliqa (ZIL), Verge (XVG), Fantom (FTM) and ChainLink (LINK). All of them have potential to move upwards and make gains. We are listing the idea on each one below.
Matic is the first of the six altcoins which has risen over the past weeks. It missed multiple entries by a few sats at each level of support. The idea is that MATIC can post gains soon and its technicals look impressive. For now, MATIC is stable but away from the bullish zone.
Chainlink is definitely one of the hottest altcoins now. The latest cryptocurrencies news show that LINK versus USD is a pair worth grabbing. This cryptocurrency made one of the clearest short setups and followed through well. The price reached the bottom lately which is why analysts are suggesting buying LINK as soon as possible.
Ziliqa has a new momentum too. Most importantly, there is a break of the downtrend that ZIL has been experiencing for all of 2019. When the flip of the price occurred, it was the first sign that it is one of the six altcoins worth buying.
Rising on the day to a price of $0.004522 and with a 2.84% increase, Verge is definitely a coin to watch. Its ascending channel over the past seven days is probably one of the best that we can see on the market. And for that reason, we do not expect the momentum to stop.
For those of you who hear this altcoin for the first time, it is one that is trading at the 127th position at a price of $0.013. However, it is definitely one of the six altcoins to watch out for because if its recent rally – which could definitely repeat again.
WePower (WPR) is another altcoin that is not visible in the top 100. However, its momentum and general idea have allowed it to rise in the past few days. The WPR ERC-20 token functions as a payment and it has had a lot of ups lately.
Whether it is these six altcoins or another set with a couple of these, investing in altcoins is good at this time!
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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