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Tuesday

27 July 2021

Altcoins secure double-digit gains after Bitcoin surges toward $33K

Altcoins secure double-digit gains after Bitcoin surges toward $33K


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Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24-hours were Telcoin (TEL), Polygon (MATIC) and Axie Infinity (AXS), indicating that the recovery is widespread and not just confined to large-cap cryptocurrencies.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for MATIC on July 20, prior to the recent price rise.

As seen in the chart above, the VORTECS™ Score for MATIC first turned green on July 19 and climbed to a high of 77 on July 20 as its price reached a low of $0.62, just one hour before its price rallied 52% over the next 29 hours.

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