Has the price of Altcoin stopped in one place?

[FanatMonet]

The price of altcoins varies greatly, but basically, its vector is the vector of Bitcoin's movement, if Bitcoin grows, then altcoins grow even against its background, if it falls, then it crushes altcoins by itself.

Of course, there are coins that grow independently of it, but for this you need to have a team that would constantly improve the coin.

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[thesmallgod]

It is simple demand and supply. When there are more demand, the scarcity tendency will increase which mean the price will increase. Also when people beginning to sell massive the altcoin the price will start to decrease and this is exactly what happen when you see price of crypto falling or rising. However, this scenario can't be generalized even when the market start bleeding and crypto start showing reds, there will still be some that may rise but their risen might not have increase beyond their price drop rate which means it will still be green. Also, in some occasions, the price may remain steady especially when trading volume per time is almost zero

[Rosilito]

Some altcoins already made a big pump, you see ETH now? Some altcoins was not able to pump right now, simply because they can’t and maybe the investors still have no trust to put big money during a bear market. If the price of altcoins becomes high again then not all can afford to buy and I’m sure hodlers will sell their holdings and we will see the corrections again, the pump and dump is already here since then and altcoins can’t afford to be stuck in one place for a long time, the pump is coming.

Agree,  some alts especially on the top list are moving upwards. Probably because of bitcoin gradual pump? Don't you think? Anyway, this movement would not last long, it will fall then shortly since, pumps are just being accompanied by other's movement rather than having the pump to a certain altcoin alone. Trust is being test here, and people lack of that. So once it had reach, may be close to its highest price for a certain week/day people would right down selling it off quickly, like how ETH moves, imo.

[sheenshane]

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Probably because of bitcoin gradual pump? Don't you think?

As I noticed, I must say yes. Technically speaking, the market price was almost all tied up to the Bitcoin price movement. All I can see, most of them will pump up when the price of Bitcoin goes up. The word volatile makes them fluctuate every now and then and there's no reason altcoins will stop in one place.

Besides, I didn't see when Bitcoin has a small correction altcoins price in the market showing green, it should also in red color showing that they swing the same movement to Bitcoin.

[Samayuki]

People should stop expecting altcoins to surge higher like how bitcoin is presently growing, this is not possible, the growth you will see from altcoins will be lower until bitcoin reach a higher price, it still a good time to accumulate altcoins, not much difference from their bear market price

[bryant.coleman]

People should stop expecting altcoins to surge higher like how bitcoin is presently growing, this is not possible, the growth you will see from altcoins will be lower until bitcoin reach a higher price, it still a good time to accumulate altcoins, not much difference from their bear market price

I am not sure about this. In investment, there is always a saying that you should never try to catch a falling knife. Investing in altcoins right now is exactly like trying to catch a falling knife. To put it honestly, I don't see any sign of a recovery in the altcoin market. The market share continues to decline and a lot of users are stuck with investment in altcoins. These people don't want to book their losses now. But eventually, they will run out of patience and get rid of their holdings. There will be a bloodbath in the market then.

[worle1bm]

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

There are two trend lines going simultaneously for every altcoin and median of both determine the price of coin. One is general trend line which follows the trend of bitcoin and the other is coin specific line which follows the trend of coin itself. It's appearing that altcoins have stopped at one place because the price of bitcoin has become less volatile in last few months. But that doesn't mean it is guarantee that price will only go upwards from here. If bitcoin dumps, other coins will fall too.

[ije07]

I can't confirm whether it's true or not, because cryptoqurrency prices are difficult to guess and price fluctuations depend on demand or supply in the market. but if the price of a coin increases because demand is higher than inventory in the market.

[kawetsriyanto]

~~If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall.~~

How the price of altcoins can stay at a fixed rate? I think it is quite impossible for now since the rates of altcoins purely determine by "sell-buy" of traders on the market. The fall in price is a risk of investing/trading in altcoins, it is unavoidable. Everybody knows that altcoin prices are very volatile and unstable. But you can minimize the risk if you know how crypto market works and the trends of crypto coins.

>Choose the right time to buy and avoid buying because of HYPE!!

[ballerin and giroud]

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Who will be fixed it? I think there is no one who can be able to do that. Setting the price foe just one altcoin even its developer/creator can never do that. This price cryptocurrencies will just depend on the news, depend on the altcoin itself, if the altcoin has the function that many people think it can be used and many useful in the future then they will choose as their investment place and its price will slowly up although we can face many thing (fall and up) but eventually this coin price will goes up.

[qazgroup]

Do not worry, as far as i have analysed all good alts looking good to gain value from bulls but do remember that it is mostly the big ones that will give the clear move especially btc and eth and then the bullish wave will transfer to other good alts and low cap tokens so if you want to take the first mover advantage you should get btc and eth.

[LbtalkL]

Only promising altcoin that built trust through the years goes up just like Ethereum it is following bitcoin tail but other altcoins are being buried to dust with no movements at all. This is where we filter good from bad ones but be careful of a pump and dump altcoins it is very common now. It is normal in cryptocurrency to fall, unpredictable price, up and down just like bitcoin. But there is an altcoin that stops at fixed price those are stablecoins like USDT.

[bitcoinst]

If the price of altcoins stopped in one place, then this would be one of the most joyful and sad events for many people.
Indeed, on the one hand, alternative coins would stop their uncontrolled fall, on the other hand, they would stop their growth, and at the same time, the desire to invest in them would fade.

I understand what you are talking about. However, I think that everything will depend only on what will happen with Bitcoin now.
For example, in the case of correction, alternative coins will most likely behave in a classic way - they will react to the fall of Bitcoin with their own fall, which is likely to plunge everyone into another depression.

[trauchot]

Altcoins will constantly grow and fall, it will not happen that altcoins will stand still on one place for a long time, the cryptocurrency market is constantly moving and therefore the price of altcoins is either increasing or decreasing, this is how the cryptocurrency market works and you should not even worry about it.

[Docnaster]

The tradition has been that BTC price dictates the turns taken by altcoins, and indeed there have been situations in the past where due to BTC pumping, altcoins also increased in popularity.

However, altcoins don't always depend on the BTC factor as sometimes some BTC levels change in accordance to the developments and infrastructure created by that ICO or whatever, which received social spreading or awareness. In other words, altcoin prices tend to follow the crypto market regulator 'BTC' but there are also exceptions.

[Dr.Osh]

however, it depends on the circumstances. an altcoin is always changing, especially altcoin that has just developed. the thing that we most often see is a point when altcoin prices stop, like ethereum today. however, it all depends on the trend, if the crypto trend goes up again, I think that point will be higher.

[Vishnu.Reang]

however, it depends on the circumstances. an altcoin is always changing, especially altcoin that has just developed. the thing that we most often see is a point when altcoin prices stop, like ethereum today. however, it all depends on the trend, if the crypto trend goes up again, I think that point will be higher.

As long as the cryptocurrencies don't have any real usage, their prices will remain in a depressed state. Even Ethereum has few real life uses. It was the first platform to offer smart contracts, but this concept hasn't taken off. Smart contracts are not being used widely outside the cryptocurrency sector. I hope that the situation will change once ETH 2.0 comes online.

[omone1]

Some altcoins have appreciated in the past days and have been very profitable. It's however dangerous to trade a new altcoin that is not yet defined as the team can dump on you and exit scam then blame it on the community.

[aioc]

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

t is very much expected nothing new, the market is very volatile, it is usual to go up or down, there is no longer period of time where altcoins stay on one place, we are talking about the top coins, they are moving up moving down only stable coins can retain their price because that's their function, check the price two months and today and you will have the idea.

[inanilujimi]

not at all, the price of altcoin is very fluctuating, it cannot stay in one point except the price of tether (usdt) or other stable altcoin.
choose a quality altcoin to invest etc. not just an altcoin pump and dump.