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InvestmentsBack to back all-time highs from AVAX, ENJ and EGLD suggest it’s...

Back to back all-time highs from AVAX, ENJ and EGLD suggest it’s ‘altseason’ By Cointelegraph



Its been a rollercoaster week within the cryptocurrency market after volatility returned to shake up (BTC) value, pushing the digital asset to lows not seen since mid-October.

As has occurred incessantly previously, the drop in value of BTC was adopted by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets Pro means that the present market situations are comparable to these seen previously when altcoins outperformed Bitcoin.

Altseason indicator. Source: Cointelegraph Markets Pro
VORTECS™ Score (inexperienced) vs. AVAX value. Source: Cointelegraph Markets Pro
ENJ/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (inexperienced) vs. EGLD value. Source: Cointelegraph Markets Pro