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Lisk, Bitcoin Gold, XRP Price: BTG gets left behind by resurgent altcoins



Source: Pixabay

Bitcoin’s dominance in the crypto-market stood at 65.3%, at press time. The cryptocurrency market flashed green in the early hours of 31 March, following which many altcoins geared up for a breakout to the positive side after a long tryst with the bears.


Source: XRP/USD on TradingView

XRP has been engulfed in a controversy surrounding its status quo, with the blockchain firm Ripple failing to quash the class action suit that alleged the crypto to be a “security.” On its price side, the token lacked momentum for any significant upward price action.

However, following the recent rally, XRP broke the immediate resistance point at $0.17. The third-largest cryptocurrency by market cap was up by 1.49% in the last 24-hours. At press time, the coin was priced at $0.172, while holding a market cap at $7.58 million. Additionally, it held a 24-hour trading volume of $2.128 billion.

Resistance: $0.246, $0.248

Support: $0.137

MACD: The signal line below the MACD suggested a bullish revival for the coin

Chaikin Money Flow: The CMF also suggested that the token was gearing up towards the bullish zone.

Bitcoin Gold [BTG]

Source: BTG/USD on TradingView

This fork coin of the king coin recently underwent a 51% attack for the second time. Not a lot of positive things have been happening on its price side as well. The recent surge in the crypto-market failed to impact BTG’s price.

At press time, Bitcoin Gold [BTG] changed hands at $7.13 after a rise of 2.32% over the last 24-hours. Furthermore, the fork coin’s market cap stood at $124.8 million, while recording a 24-hour trading volume of $20.85 million.

Resistance: $9.54, $12.21

Support: $5.064

Parabolic SAR: The dotted markers above the BTG price candles depicted a bearish picture for the coin.

Awesome Oscillator: The red closing bars of the AO indicator also aligned with the bears.

Lisk [LSK]

Source: LSK/USD on TradingView

On the technical side, Lisk’s official Twitter handle recently announced the launch of a program to incentivize developers to build a proof of concept blockchain application with the Lisk SDK by its community group GDT.

At press time, LSK token’s value stood at $0.96, while holding a market cap of $118.1 million and a 24-hour trading volume of $4.17 million. Following the latest uptrend in the market, LSK posted 0.84% in gains.

Resistance: $1.14, $1.46

Support: $0.66

Klinger Oscillator: The signal line hovering below the KO suggested a bullish trend for the coin.

Relative Strength Index: RSI heading towards the 50-median region also depicted positive sentiment among the investors in the LSK market.

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Chayanika is a full-time cryptocurrency journalist at AMBCrypto. A graduate in Political Science and Journalism, her writing is centered around regulation and policy-making regarding the cryptocurrency sector.