These 3 altcoins hit the ground running as the price of Bitcoin climbed to $ 52,000

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The broader cryptocurrency market shows signs of strength on September 6 as Bitcoin bulls (BTC) fight for control at the $ 51,500 level.

Altcoins benefited from the strong performance of Bitcoins, with lots of gains above 20%, and Cointelegraph Markets Pro’s Altseason indicator continues to signal that market conditions are tilted towards further gains for altcoins.

Top 7 parts with the highest price variation over 24 hours. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that the biggest winners in the last 24 hours have been ROSE from Oasis Network, PRQ from Parsiq and AVA from Travala.

Oasis Network partners with API3

Oasis Network is a blockchain protocol with privacy enhancing features that create a secure platform for open finance and responsible management of data.

Cointelegraph Markets Pro’s VORTECS score data began to detect a bullish outlook for ROSE on September 1, ahead of the recent price hike.

The VORTECS Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trade volume, recent price movements and Twitter activity.

VORTECS score (green) against the ROSE price. Source: Cointelegraph Markets Pro

As shown in the graph above, ROSE’s VORTECS score turned green on September 1 and peaked at 76, about 82 hours before its price climbed 135% over the next two days.

The sudden price hike for ROSE follows the announcement on September 3 that the project has partnered with API3 and will co-sponsor a grant program for development teams wishing to create a Rust version of the Airnode service of the protocol.

Parsiq introduces a subscription model

Parsiq, a blockchain-based analytics platform, has seen the price of its PRQ token rise by 51% in the past 24 hours.

Cointelegraph Markets Pro’s VORTECS score data began to detect a bullish outlook for PRQ on September 5, ahead of the recent price hike.

VORTECS score (green) compared to the PRQ price. Source: Cointelegraph Markets Pro

As shown in the graph above, the VORTECS score for PRQ climbed into the green on September 5 and peaked at 72 about 12 hours before its price peaked at 52% the following day.

This growing momentum for Parsiq follows the introduction of its new subscription model which makes the protocol the first decentralized software as a service (SaaS).

Related: US SEC Issues New Investor Alert Against Crypto Investment Scams

End of summer for Travala

Travala is a leading blockchain-based travel booking platform that offers flights and accommodation services to more than 90,000 destinations in 230 countries and territories around the world.

Cointelegraph Markets Pro’s VORTECS score data began to detect a bullish outlook for AVA on September 1, ahead of the recent price hike.

VORTECS score (green) compared to the AVA price. Source: Cointelegraph Markets Pro

As shown in the graph above, the VORTECS score for AVA peaked at 70 on September 5, about 120 hours before its price peaked at 54% the following day.

The price spike comes as the project made its late summer efforts to engage users, and the project also allows users to spend stablecoins like USD Coin (USDC) or Dai to book their next vacation.

The overall cryptocurrency market capitalization now stands at $ 2.341 billion and the Bitcoin dominance rate is 41.4%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move comes with risk, and you should do your own research before making a decision.

Sources

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2/ https://cointelegraph.com/news/these-3-altcoins-mooned-as-bitcoin-price-rallied-to-52-000

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