Attention Traders!! These Altcoins are Displaying Bearish Divergence-Here’s What You Need to Know.

The crypto markets are filled with huge swings every day as the shift in sentiments continues very frequently. Altcoins, which spike with double-digit gains following a decent jump in the Bitcoin price, usually tend to plunge heavily as the star crypto consolidates. In recent times, popular altcoins like Solana, Chainlink, XRP, Cardano, etc. and many more have recorded massive gains. Now that the BTC price is consolidating within a narrow range, some of them are feared to drop below the pivotal support. 

A popular analyst, Altcoin Sherpa, suggests an incoming bearish divergence to his 197K followers for the popular token Cardano. The token has broken above the descending trend line that it carried for over a year. After the spike, the bears quickly jumped into action, suggesting the ADA price would undergo a pullback very soon. 

Besides, the analyst is more bearish on another popular memcoin, Dogecoin. The recent upswing lifted the DOGE price above the multi-year descending trend line. Similar to Cardano, Dogecoin bears jumped in and are trying to trigger a fine rebound. Therefore, the analyst believes that DOGE could also offer a good ‘buy the dip’ range.

“This is a pullback area, I think if it flips here we go as high as $0.9.

Buy the dip area would be around 0.67ish.

I don’t see DOGE doing as well as previous cycles given marketcap. Better meme opportunities IMO,”
#AltcoinResearch #priceprediction
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Unearth Hidden Crypto Gems: 7 Essential Websites for Altcoin Research 🌟💎

Hey, it's Linkan! If you're looking to discover the next breakout altcoins, you can't afford to miss this. I've curated a list of indispensable websites that are my secret sauce for crypto research. These platforms are the cornerstone for anyone serious about crypto investing, especially here on Binance Square.

My Top 7 Websites for Altcoin Research on Binance Square 📚

Look Into Bitcoin: Your go-to for on-chain Bitcoin ($BTC ) data. Perfect for tracking whale movements and market trends.

Glassnode: A titan in on-chain analytics. Ideal for those who want to deep-dive into market behavior.

CoinMarketCap: The granddaddy of crypto data. A must-visit for market caps, trading volumes, and more.

CoinGecko: User-friendly and packed with comprehensive data sets. Ideal for quick market snapshots.

CryptoCompare: Tailor-made for traders. Offers real-time data, charts, and insights.

Messari: Your hub for long-form research and detailed crypto reports.

TradingView: A universal tool for traders. The community insights here are second to none.

Why You Should Bookmark These Sites 🎯
These platforms are your ultimate guide to making informed crypto investments. From on-chain metrics to real-time market trends, they offer a complete picture of the crypto landscape.

What's Your Go-To Source? 🤔
Do you have a favorite website for crypto research that you'd like to share with the Binance Square community?

Disclaimer: This is my personal viewpoint based on exhaustive research. Always conduct your own due diligence.

🏷 Hashtags: #AltcoinResearch #CryptoInsights #BinanceSquare #CryptoGems #MarketTrends