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70% of Binance Altcoins Recover But Altcoin Season Index Tells Another Story

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70% of Binance Altcoins Recover But Altcoin Season Index Tells Another Story

Altcoins have climbed back above a key level on Binance, with 70% now above their 200-day average. A separate gauge of altcoin strength has moved in the opposite direction. Blockchaincenter’s Altcoin Season Index fell to 41 on September 20. The reading sits 34 points below the level that historically confirms an altcoin season. Altcoin Market The post 70% of Binance Altcoins Recover But Altcoin Season Index Tells Another Story appeared first on BeInCrypto.

Key Takeaways

  1. Altcoins have climbed back above a key level on Binance, with 70% now above their 200-day average.
  2. A separate gauge of altcoin strength has moved in the opposite direction.
  3. Blockchaincenter’s Altcoin Season Index fell to 41 on September 20.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.