September was a comparatively bearish month for the cryptocurrency market. Bitcoin (BTC) decreased by 8%, and solely three tokens posted triple digit charges of improve. This was in stark distinction with August, when greater than ten tokens posted triple digit charges of improve.
The ten altcoins that elevated probably the most throughout September had been:
- Celer Community (CELR) : 196%
- Coti (COTI) : 101%
- DigitalBits (XDB) : 100%
- OMG Community (OMG) : 89%
- Cosmos (ATOM) : 49%
- Algorand (ALGO) : 43%
- Hedera Hashgraph (HBAR) : 27%
- Solana (SOL) : 26%
- Close to Protocol (NEAR) : 25%
- IOST (IOST) : 22%
CELR
CELR has been growing alongside a parabolic ascending help line since July 20. This led to a brand new all-time excessive worth of $0.198 on Sept 16.
The excessive was made above the 1.61 exterior Fib retracement resistance degree of $0.155 however under the two.61 resistance at $0.24.
Whereas CELR has been dropping since, it’s nonetheless buying and selling above the parabolic help line. Moreover, technical indicators haven’t but turned bearish.
If CELR manages to reclaim the $0.155 space, it might doubtless head in the direction of $0.24.
COTI
COTI has been shifting upwards since breaking out from a parabolic ascending help line and validating it as help afterwards on Sept 7 (inexperienced icon).
On Sept 23, it broke out from the $0.48 resistance space and validated it as help. The upward motion continued and led to a brand new all-time excessive worth of $0.68 on Sept 29.
The MACD and RSI are each shifting upwards.
If COTI continues to extend, the following resistance could be at $0.91. That is the 1.61 exterior Fib retracement resistance degree.
XDB
XDB has been shifting upwards for the reason that starting of July. On Sept 15, it reached an all-time excessive worth of $0.69. The excessive was made simply above the 4.618 exterior Fib retracement degree when measuring the newest portion of the drop. The extent typically acts as the highest for bullish impulses.
Technical indicators are progressively turning bearish, since…
