Well it is nice to see a little green out of the alts the past 48 hours, but volume is lacking so it may just be sellers tacking a break as opposed to buyers coming in.
Taking a look at some bigger alts…
Looking at LTC you see volume is lighter than usual and a little bounce should not be of surprise as price had sold off 5 straight days.
I do like that this bounce we create a higher low from that bottom around 80. Either way, nothing too exciting going on.
Ethereum range bound
Ethereum has been bouncing around between 200 and 230 roughly for a little while now. An uptick after touching 200 yesterday is also not much of a surprise, volume is also very light on this up day.
Action is muted
At this point I’m waiting for the alts to do something, the market is rather quiet otherwise.
Add your Scripsio!