CryptoQuant Says 87% of Binance Altcoins Have Shifted to Bullish Momentum, With Early Warning Signs Emerging
JH Kim
Summary
- Cointelegraph said 87% of altcoins traded on Binance are showing bullish momentum.
- It said this is a sign that the uptrend is spreading across most altcoins on Binance.
- It also said early warning signs have emerged as the current rally continues, though no specific risk indicators were presented.
Forecast Trend Report by Period
CryptoQuant said 87% of altcoins listed on Binance have shifted into bullish momentum, though the firm also flagged early warning signs for the current rally.
Cointelegraph reported on September 28 that 87% of altcoins traded on Binance are showing bullish momentum.
The reading suggests the uptrend is spreading across most altcoins on the exchange.
At the same time, the outlet said early warning signs are beginning to appear as the rally continues. It did not provide specific risk indicators.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.