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Atomic Blast: Cryptos May Have Reached Escape Velocity

By Tim KnightCryptocurrencySep 01, 2021 01:02AM ET
www.investing.com/analysis/atomic-blast-cryptos-may-have-reached-escape-velocity-200600586
Atomic Blast: Cryptos May Have Reached Escape Velocity
By Tim Knight   |  Sep 01, 2021 01:02AM ET
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Until Monday night, I was getting really annoyed and frustrated with crypto. My account would go up. And then the profits would vanish. Then they’d be restored. Then they’d disappear again. It was getting ridiculous.

Cosmos (ATOM) Price Chart
Cosmos (ATOM) Price Chart

I think (hope, at least) we may have finally reached escape velocity. Ethereum was the most important thing going, not Bitcoin, and after days and days of creating this maddening sinewave, it finally managed to escape its range.

ETH Price Chart
ETH Price Chart

In turn, my alt-coins had a terrific night. Here is Cosmos (ATOM) with a gorgeous saucer pattern, and stronger volume as well.

Cosmos (ATOM) Price Chart
Cosmos (ATOM) Price Chart

It’s the same story with Algorand (ALGO), particularly with respect to volume.

Algorand (ALGO) Price Chart
Algorand (ALGO) Price Chart

And Kusama (KSM) had an especially great session, popping about 25% as I’m typing this.

Kusama (KSM) Price Chart
Kusama (KSM) Price Chart

The one I’ve received the most grateful emails about is Solana (SOL) which has an eerie habit of going up virtually every day.

Solana (SOL) Price Chart
Solana (SOL) Price Chart

So, as I said, it’s all about Ethereum. Launch off the range from the past couple of weeks, and it’s party time.

ETH Price Chart
ETH Price Chart
Atomic Blast: Cryptos May Have Reached Escape Velocity
 

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Atomic Blast: Cryptos May Have Reached Escape Velocity

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Comments (2)
Todd Holaday
Todd Holaday Sep 01, 2021 6:04AM ET
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Reminds me of Pokemon card collecting. the cryptos have similar names and arbitrary super powers.
Fabio falec
falec Sep 01, 2021 3:25AM ET
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All this guy learnt during his career as soeculator is: lines, rectangles, and cups. 30' course and you will be there! Totally useless articles, garbage provided on daily basis
Fungus Amongus FA
Fungus Amongus FA Sep 01, 2021 3:25AM ET
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but he still get paid for writing garbages .. 🤣
 
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