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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 regularly up to now, 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 up to now 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