Bitcoin SV, Monero, BAT Price Analysis: 23 September – AMBCrypto EnglishSeptember 23, 2020
Bitcoin Dominance rose to 61.66 and could rise to 64 in the coming weeks and at press time the world’s largest cryptocurrency is being traded at $10,436.
Altcoins like Bitcoin SV could be set to bounce off a level of support but was more likely to sink beneath the same level in the near-term. Monero showed its uptrend was at an end and could lose a level of support while BAT showed indecisiveness in the near-term but was likely to be headed south.
Bitcoin SV [BSV]
Bitcoin SV has been in a downtrend since the early August highs at $260. It continued to register lower highs and was trading just above the level of support at $151.
MACD was beneath the zero line and had formed a bullish crossover recently. This is not necessarily a buy signal, although scalping trades can be placed. It would be safer to wait for a bearish crossover before looking to short the price.
A longer-term Source…