It looks like there will be massive adoption of cryptocurrency in 2021 as the COVID-19 pandemic forces people to turn to digital assets. This nascent industry offers great opportunities for gaining profits.
The altcoins are trading in their respective bull markets. Nonetheless, as the coins reached the overbought regions, there was a change in the trend. The cryptos resumed trading in a sideways trend. A rebound or breakout is possible at the overbought regions which will propel the coins to resume the uptrend.
The cryptocurrencies are still grappling with the bear markets. The altcoins have all exhausted selling pressure but the bulls lack buying power to come out of the downtrend. The coins are in a downward correction.
Leading Bitcoin betting site Bitcasino has just announced the addition of support for the TronLink browser extension. Now TRON users can leverage the fast, and secure transaction throughput being provided by the Tron network while playing their favorite games at Bitcasino, without the worry of insecure connections, or the hassle of using cold wallets.
In the week under review, DASH, Dogecoin, Cardano, and TRON were previously making positive moves. In recent times, all the coins have dropped in value as the coins hit the overbought region. Stellar also is in a downward movement as it reaches the overbought condition.