10x Research: Altcoin momentum stalls at the 30-day moving average; BNB and TRX are currently the best choices.

CoinFeed reported on May 14th that 10x Research released a report stating that altcoin momentum is waning in its initial stages, with Bitcoin still dominating and trading volume declining again. The upward momentum of altcoins was capped by the 30-day moving average and failed to break through. A break below this moving average would warrant closing long positions. The report indicates that the best current investment opportunities are BNB (Grayscale ETF application, Coinbase roadmap, etc.) and TRX (Tron actively buying back treasury assets, Moscow Exchange launching MOEXTRX index).