{"id":425556,"date":"2020-05-29T20:00:57","date_gmt":"2020-05-29T20:00:57","guid":{"rendered":"https:\/\/wncen.com\/?p=425556"},"modified":"2020-05-29T17:02:45","modified_gmt":"2020-05-29T17:02:45","slug":"major-crypto-assets-bitcoin-volatility","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/major-crypto-assets-bitcoin-volatility\/","title":{"rendered":"Major Crypto Assets Are Preparing For Powerful Volatility Against Bitcoin"},"content":{"rendered":"

Although there were some early signs that an altcoin season may be upon us, top crypto assets like Ethereum have been reverted to weakening performance against Bitcoin<\/a>.<\/p>\n

However, a big move is potentially coming, as the Bollinger Band Width of most major crypto assets on their BTC trading pairs is indicating a distinct lack of volatility that is bound to break with an explosive bang.<\/p>\n

Major Crypto Trading Pairs Against BTC Set Record-Low Volatility<\/h2>\n

The cryptocurrency market appears to be at a bit of an impasse and doesn’t know where it wants to go next.<\/p>\n

Bitcoin<\/a> continues to struggle with resistance above $10,000, while altcoins are still more than 80% away from recovery to all-time high prices.<\/p>\n

Sentiment in the asset class is improving, but prices remain constrained to lower highs that typically signal weakness.<\/p>\n

Related Reading | It\u2019s Official: Tether Flippens XRP After Recent Crypto Crash\u00a0<\/a><\/strong><\/em><\/p>\n

Bitcoin interest has been picking up post-halving, and institutions seem to finally be buying in. But it’s still not enough. On BTC trading pairs, altcoins everywhere are stagnant, repeatedly testing lows but unable to fall lower.<\/p>\n

The lack of momentum<\/a> has led to most major cryptocurrency assets to reach extreme lows in terms of volatility.<\/p>\n

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Lots of majors with fairly tight daily Bollinger Bands$LTC<\/a> $XMR<\/a> $TRX<\/a> $EOS<\/a> $IOTA<\/a> $XLM<\/a> pic.twitter.com\/a1iPrWITcP<\/a><\/p>\n

— Goomba (@im_goomba) May 28, 2020<\/a><\/p><\/blockquote>\n