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5 altcoins that could be ripe for a short-term rally if Bitcoin price holds $19K

Published 10/17/2022, 01:12 PM
Updated 10/17/2022, 03:20 PM
5 altcoins that could be ripe for a short-term rally if Bitcoin price holds $19K
IXIC
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The S&P 500 and the Nasdaq Composite fell to a new year-to-date low last week and closed the week with a loss of 1.55% and 3.11%, respectively.

The scenario changed drastically on Oct. 17 after the earnings, season ramped up and a sharp policy reversal from U.K. Finance Minister Jeremy Hunt added detail to the government's plan to fix his predecessor's (Kwasi Kwarteng's) fiscal package, which had triggered a record fall in the value of the GBP and a near liquidation of pension plans in the United Kingdom.

BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
MATIC/USDT daily chart. Source: TradingView
MATIC/USDT 4-hour chart. Source: TradingView
HT/USDT daily chart. Source: TradingView
HT/USDT 4-hour chart. Source: TradingView
QNT/USDT daily chart. Source: TradingView
QNT/USDT 4-hour chart. Source: TradingView
OKB/USDT daily chart. Source: TradingView
OKB/USDT 4-hour chart. Source: TradingView

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