According to my opinion, the Alternate cryptocurrencies Price will down for a while because ETH and BTC getting strength in this month. If we look at the depth market in all exchanges, especially Altcoins/ETH or Altcoins/BTC, you will see the contrast, supply and demand is not equal. Most of people converted their coins to ETH and BTC.
Here is some examples:
HitBTC Market:
XMR --> BTC
BSTN --> ETH
Indodax:
What do you think? Lets we discuses more. Cheers
Here is some examples:
HitBTC Market:
XMR --> BTC
BSTN --> ETH
Indodax:
What do you think? Lets we discuses more. Cheers
it is clear when BTC rais or fall we expect to effect on other coins. before buying any coin check the BTC status for be aware of some damages like this. if you can analysis BTC price, you can trade in the safe mod.