The overall mood of the cryptocurrency ecosystem is muted on June xv with almost altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 equally a sign that the market could be shifting in favor of bulls.

Data from Cointelegraph Markets Pro and TradingView shows that inside the concluding few hours Bitcoin price rallied to $41,330 just the breakout was swiftly met by selling at overhead resistance levels.

BTC/USDT 4-60 minutes nautical chart. Source: TradingView

Some other guess of investor sentiment every bit highlighted by Rekt Capital is the 200 exponential moving average (EMA), which Bitcoin attempted to surpass on Tuesday but was firmly rejected.

Bitcoin'due south rejection at the 200 EMA was followed by a rapid sell-off to $39,500, showing that a possible motion lower is not out of the question.

A few altcoins rally on positive news

Daily cryptocurrency market functioning. Source: Coin360

While almost of the altcoin market saw muted price activeness on June 15, Shiba Inu (SHIB) rallied 33% post-obit the revelation that trading for the token would be supported on Coinbase Pro on June 17.

Following the announcement, Chiliz (CHZ) and KEEP also rallied 18% and x% respectively.

Icon (ICX) likewise received a boost following the release of a new Ethereum (ETH) Virtual Motorcar (EVM) compatible blockchain called Water ice. Water ice is expected to get the application hub for the Icon project and it will have its own native token.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for ICX on June 13, prior to the recent price ascent.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and electric current market weather derived from a combination of data points including market sentiment, trading book, contempo price movements and Twitter activeness.

VORTECS™ Score (green) vs. ICX price. Source: Cointelegraph Markets Pro

As seen in the nautical chart above, the VORTECS™ Score began to turn green on June 12 and somewhen reached a high of 75 on June 13, ten hours before the price increased 35% over the adjacent two days.

Other notable altcoin performances include a 22% jump from Amp (AMP) and a 20% gain for iExecRLC (RLC) and Ultra (UOS).

The overall cryptocurrency market cap now stands at $1.685 trillion and Bitcoin's dominance charge per unit is 44.half-dozen%.

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