The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level.
While most altcoins were slow to warm up on Thursday, several altcoins led the way with gains in excess of 20% due to major protocol upgrades and exchange listings.
Voyager 2.0 excites investors
VGX is the native coin of the Voyager platform, a cryptocurrency broker that provides trading services to retail and institutional investors.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for VGX on Aug. 16, prior to the recent price rise.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
As seen on the chart above, the VORTECS™ Score for VGX turned green on Aug.15 and proceeded to climb to a high of 85 on Aug. 16, around 46