empty
26.08.2021 01:55 AM
Are there any altcoins that can show growth, even if Bitcoin falls?

This image is no longer relevant

Bitcoin still does not manage to break through a very important level of $ 50,000, consolidate, and continue its upward trend. Now, the question arises: which altcoins can grow even if Bitcoin continues to fall and lose its positions?

Neither bears nor bulls are currently the dominant forces in the crypto market – some coins have returned to the red zone, while other coins still remain in the green zone. Yesterday, Bitcoin tested the level of $ 50,500, thereby showing its new summer record.

It was possible to observe that a temporary optimism began on the crypto market, sales volumes became much higher than the average level, and the price slowly began to decline.

One can pay attention to ripple. If the news on the market continues to remain positive or at least neutral and there are no negative calls from different countries, then the price of this altcoin may return to a new August high of about $ 1.4.

Currently, Ripple is trading at $ 1.16. It was seen yesterday that institutional investors worked very hard to break through the resistance level of $ 1.3, but the price failed to test this level and consolidate. By the evening, the price of Ripple returned to the support level of $ 1.2.

Binance Coin could also continue the upward trend even if Bitcoin undergoes a downward movement. Binance Coin failed to consolidate at the $ 500 level and resulted in a false breakout. Now, Binance is trading at $ 483.

The most important thing for the bulls is not to give the bears the leadership so that they do not consolidate below this price, since a rebound and a decline will occur up to the level of $ 455. However, according to analysts' forecasts, the altcoin has everything necessary to test the $ 500 level again.

Vitaly Kolesnikov,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Vitaly Kolesnikov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin reaches $122K

Since the start of Asian trading, Bitcoin has climbed from $118,000 to $122,000, with no signs of selling pressure in sight. Ethereum has topped $4,300, supported by positive macroeconomic news

Jakub Novak 09:22 2025-08-11 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 11

Bitcoin is aiming for a new all-time high, currently trading above $122,000. Ethereum is also nearing its record of over $4,400, suggesting the continuation of a bullish market that appeared

Miroslaw Bawulski 08:38 2025-08-11 UTC+2

Bitcoin touches $117,500

During this morning's session, Bitcoin updated its level to $117,500. The key task for buyers now will be to keep trading above the $116,000 mark. Ethereum also refreshed its high

Jakub Novak 11:44 2025-08-08 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 8

Earlier this week, many were worried that Bitcoin might plunge sharply toward the 110,000 level, fearing a deeper correction toward 100,000. However, market sentiment has since shifted in the opposite

Miroslaw Bawulski 09:07 2025-08-08 UTC+2

Cardano has the potential for a correction to test its pivot level in the near future. Friday, August 08, 2025.

Cardano – Friday, August 08, 2025. With the EMA(50) positioned above the EMA(200) and the RSI(14) indicator in Extreme-Bullish conditions, it appears that buyers are currently dominant. However, the appearance

Arief Makmur 07:39 2025-08-08 UTC+2

Despite the potential for a correction, Uniswap still has a healthy bullish bias. Friday, August 08, 2025.

Uniswap – Friday, August 08, 2025. The Golden Cross condition of both EMAs and the RSI(14) in the Neutral-Bullish area indicates potential for strengthening today. However, the appearance

Arief Makmur 07:39 2025-08-08 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 7

Bitcoin remains within a newly formed sideways channel, once again attempting yesterday to break above the 115,500 level. Ethereum also shows resilience, which is confirmed by recent activity metrics

Miroslaw Bawulski 08:48 2025-08-07 UTC+2

SEC no longer considers staking offer or sale of securities

Bitcoin is hitting lows more often than it is reaching local highs. Every major rally is followed by slow and steady sell-offs, a pattern that suggests a broader crypto market

Jakub Novak 11:28 2025-08-06 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 6

Bitcoin continues to trade within a new sideways channel, and its inability to hold above $115,000 indicates a high likelihood of continued correction. Another decline toward the $112,000 level

Miroslaw Bawulski 09:14 2025-08-06 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 5

Yesterday's failure to break above the $115,000 level—even amid a strong correction observed in the second half of the day—suggests that Bitcoin's decline may continue and that larger pullbacks toward

Miroslaw Bawulski 09:03 2025-08-05 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.