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Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
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Price action in the crypto market has not been for the faint of heart over the past 48 hours and it's clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs.
While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen a handful of tokens post double-digit gains on Nov. 5 and Cointelegraph Markets Pro’s altseason indicator suggests the current market conditions line up with previous altseason price moves.
Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were XYO Network (XYO), Crypto.com Coin (CRO) and Wrapped NXM (WNXM).
The XYO Network is a blockchain-based geospatial oracle network that taps into
Read more on cointelegraph.comAbout this in other media
Traders expect Ethereum price to drop further ahead of Friday’s $550M options expiry cointelegraph.com /3 years ago
Traders watch for a trend reversal after Ethereum price drops to $4,100 cointelegraph.com /3 years ago
Ethereum price risks losing $4K on 'rising wedge' breakout fears cointelegraph.com /3 years ago
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