Ethereum

bullish

Bittensor

Uniswap

Ignite

<p>The post <a href="https://coinpedia.org/price-analysis/these-altcoins-to-ignite-the-upcoming-altseason/" rel="noopener noreferrer nofollow">These Altcoins To Ignite The Upcoming AltSeason?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>As the <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noopener noreferrer nofollow">Ethereum price</a> continues hovering close to its $2,500 mark, top altcoins continue stumbling, highlighting a weak bullish sentiment in the crypto space. Positively, investors consider this to be an excellent opportunity to buy altcoins at a discounted price.</p>
<p>Scroll down as, in this article, we have given a detailed description of the market sentiments, price analysis, and possible short-term price targets of the top 3 altcoins that have the potential to record a massive uptrend in their respective portfolios.</p>
<h2 class="wp-block-heading" id="h-stacks-stx-price-action">Stacks (STX) Price Action</h2>
<p>The <a href="https://coinpedia.org/price-prediction/stacks-stx-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">STX price</a> has successfully regained momentum after trading under a bearish sentiment for a brief period. Moreover, with a trading volume of $79.179 Million, this altcoin has jumped 1.36% over the past day and has secured the 34th position in the global crypto list.</p>
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXddmQUu-QCU6aONQ9Ks7DiuSDfptNWO8Wb4uXNBj0LXOJPY3uUvtgCRBMQeXqN7D-6DxkXjcCkbzOVXvjj3O1mIBI39Bjvt2vkWhPBMQGpNDL4Gn5TZib3FJjT8ubkV39DQbGxGkt3sKfpcDRQAQ_7Cc80b?key=fHKVmjBfPRysyhXmt9sa0g" alt="Stacks Price Analysis">
 <figcaption>
  TradingView: STX/USDT
 </figcaption>
</figure>
<p>The Simple Moving Average (SMA) constantly acts as a support to the STX price chart in the 1D time frame, suggesting a rising bullish sentiment for the altcoin in the market. However, the MACD shows a constant flatline with its averages showing a bullish convergence. This highlights a mixed sentiment.</p>
<p>If the market regains momentum, the Stacks price will surpass its resistance level and head toward its upper level of $2.135. Conversely, if the bears overpowered the bulls, the altcoin will retest its crucial support level of $1.265.</p>
<h2 class="wp-block-heading" id="h-uniswap-uni-price-action">Uniswap (UNI) Price Action</h2>
<p>Despite increased selling pressure, the <a href="https://coinpedia.org/price-prediction/uniswap-uni-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Uniswap price</a> has jumped approximately 2% within the past day and over 5% during the last seven days. Moreover, this altcoin has been trading in a consolidated range between $5.350 and $6.920 since the month started, suggesting a weak bullpower.</p>
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcuHckdzXPT2_zZUgOwZPpxABTsZ-fPvvIzKjcaoVxPtTVSZL8kxgvwhi5xtIK6BMTbjmjuSk93tAReegzmRvF2reoOE1epvtsgdodgxlWu1nk--Oyemjjsp3mP4VpIc3xm0h0C-1dZsZUqn8eM5LxhUBV_?key=fHKVmjBfPRysyhXmt9sa0g" alt="Uniswap Price Analysis">
 <figcaption>
  TradingView: UNI/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) has displayed a constant rise toward the neutral point, indicating increased buying pressure for the UNI coin in the crypto space. Further, with a bullish action in its average trendline, it highlights a positive outlook in the coming time.</p>
<p>Maintaining the price above its resistance level of $6.920 will set the stage for the Uniswap price to test its upper high of $8.40. However, if the bears regain power, this altcoin will retest its low of $2.350 this month.</p>
<h2 class="wp-block-heading" id="h-bittensor-tao-price-action">Bittensor (TAO) Price Action</h2>
<p>The Bittensor price recorded a strong bullish price action for the first quarter, resulting in a yearly high of around $800. However, since then, it has constantly traded under a bearish sentiment and has leveled all its annual gains.</p>
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdHn7uSJvZAHS0ZTS9boUtzUzfgsyeMXjoFHWAffRYn4EyKqo4FdGh5jTD_AsX67vbA2PT5lxBpI1Sxw2_hBUCJtla1IanoOQaQg5J4xwLt100RKCzA9OWCjvo6zLVZEv_L15KFBgEgzQIjqeQOMavx-GIA?key=fHKVmjBfPRysyhXmt9sa0g" alt="Bittensor Price Analysis">
 <figcaption>
  TradingView: TAO/USDT
 </figcaption>
</figure>
<p>The Moving Average Convergence Divergence (MACD) shows a constant flatline with its averages recording a similar action. Moreover, the SMA indicator has recorded a bearish convergence, suggesting a weak price action for the altcoin in the market.</p>
<p>With a bullish trend reversal, the TAO price could retest its resistance level of $326. Negatively, if the bears dominate the market, this altcoin will plunge toward its crucial low of $212 in the coming time.</p>

These Altcoins To Ignite The Upcoming AltSeason?

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