Status moves ahead of the market today with a 4% gain against BTC, as the ongoing Devcon 4 conference reignites bullish support for the Ethereum open source project. While a majority of altcoins are still stuck in the red from Bitcoin’s slide two days ago, SNT is showing all the right signs for a very promising bullish reversal and could be a great gainer over the next few months.
On the 1D SNT/BTC, we can see straight away that the relatively low volatility that has swept over the crypto market in the last few months has enabled a lot of cryptocurrencies, including Status, to regain composure and find strong support after nearly a whole year of bearish activity.
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