Trading expert names altcoin to ‘keep your eyes on’ as Bitcoin starts moving
Cryptocurrencies started moving positively again this Friday, August 23, following Jerome Powell’s dovish speech at the Jackson Hole Symposium. In this context, trading experts, analysts, and investors weighed in with insights on Bitcoin (BTC) and promising altcoins to watch. The crypto analyst—known as LLuciano_BTC , who also goes by Lucky —was one of these traders, naming a “bullish outlook” price chart. In particular, Lucky reported a 10.41% 24-hour surge for MultiversX (EGLD) at $31.40 per token by posting time. Notably, the chart highlights a falling wedge pattern with two tests in the support line and three tests in resistance. This chart pattern illustrates an asset losing bearish momentum, usually breaking out after this formation amid a growing bullish sentiment. Picks for you Solana's 'Adam and Eve...