Posts

Showing posts with the label altcoin season

Crypto Trader Says Bitcoin Dominance Now on a Downtrend, Outlines When a Major Altcoin Season Could Kick Off

Image
A widely followed analyst believes that Bitcoin’s (BTC) relative share of the overall crypto market cap has entered a downtrend. The analyst pseudonymously known as Rekt Capital tells his 558,000 followers on X that altcoins may soon start breaking out as the Bitcoin dominance (BTC.D) chart is suddenly flashing bearish. BTC.D tracks how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are gaining value faster than Bitcoin. “In the end, Bitcoin dominance rejected from the lower high at 66% (black). More importantly, this lower high rejection has caused Bitcoin dominance to lose its macro uptrend (light blue), therefore drastically undermining chances for a revisit of 71%. As a result, Bitcoin dominance is on the cusp of losing this macro uptrend to kickstart a new macro downtrend. To confirm the breakdown from the macro uptrend, BTC.D will need to either turn the uptrend or 60% level (black horizontal) int...

Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ripple XRP: Can Price Still Reach $4 This Altcoin Season?

Ripple’s XRP cryptocurrency has struggled in 2025, and with altcoin season around the corner, analysts are wondering if it can still reach $4. The cryptocurrency was poised for a big year, but so far has failed to find any momentum. While the overall crypto market has been down this year, Ripple’s popularity and 2025 success places a stronger focus on its recent struggles. The new US SEC regime under the leadership of Mark Uyeda is currently playing an instrumental role in wrapping up pending legal cases against multiple organizations. For instance, the SEC has concluded a variety of cases against multiple organizations, including Coinbase and Ripple Labs. The conclusion of this case appears imminent, and could send XRP surging just in time for altcoin season’s start. With that, could XRP still reach a high of $4 this Spring? Will Ripple XRP Set a New High of $4 this Altcoin Season? Despite the lackluster market environment, Ripple’s XRP is expected to rally over the ...

Here’s What Crypto’s ‘Killer Use Case’ Will Be in the Future, According to CryptoQuant CEO

Image
The chief executive of market intelligence firm CryptoQuant is identifying a “killer” future use case for crypto assets. In a new thread, Ki Young Ju tells his 402,000 followers on the social media platform X that the political process will eventually become tokenized due to its narrative-driven nature. According to Ki, the way digital assets are designed makes them a perfect fit for politics, noting that Trump’s crypto asset Official Trump (TRUMP) – which launched last month – is just the start. “PoliFi will be crypto’s killer use case. A strong crypto asset attracts capital and talent through a compelling narrative, forming a self-building internet organization. A narrative gains strength when it: 1) Resonates with the majority. 2) Features extreme, provocative themes. 3) Sparks divisive debate. Politics checks all three boxes – it’s widely relatable, provocative, and inherently polarizing. Political parties should issue ...

Solana Primed To Rally After Underperforming XRP and Cardano, According to Glassnode Co-Founders – Here’s Why

Image
The co-founders of the crypto analytics platform Glassnode believe that Solana (SOL) may be gearing up for a massive run after being outperformed by rivals. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that massive network activity could cause a Solana surge after the digital asset has retraced from printing a new all-time high. “The SOL always rises for everyone. If the market allows, this price zone could present a potential entry for SOL. After reaching a new all-time high, it has lagged slightly behind other layer-1s like XRP or ADA. However, we should never underestimate SOL, which boasts a thriving ecosystem. Let’s see!” Source: Negentropic/X Looking at their chart, the analysts suggest SOL may retest the $202-$208 range before rallying. SOL is trading for $231 at time of writing, down 2.3% in the last 24 hours. Meanwhile, at time of writing, XRP is trading for...

Here’s Where Ethereum Could Finally Bottom Out Against Bitcoin, According to Crypto Analyst

Image
Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social media platform X that ETH/BTC will likely bottom once Bitcoin has completed its breakout rally. “I know everyone’s talking about altseason now and nobody wants that more than me. However, I think that BTC has to be finished with its run momentarily for alts to run (aka Jan 2021). ETH probably finds a bottom in the next few months vs. BTC. Here or 0.024 are the areas I’m watching.” Source: Altcoin Sherpa/X At time of writing, ETH/BTC is trading at 0.034 BTC worth $3,314. A correction toward the analyst’s bottom target at 0.024 BTC indicates a nearly 30% downside move for the pair. Altcoin Sherpa is also looking at XRP, the native token for the XRP Ledger (XRPL), which is up about 180% just this month. The trader says XRP is one to watch in...

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Image
A closely followed crypto strategist thinks that it is almost time for altcoins to steal Bitcoin’s (BTC) thunder. Pseudonymous analyst TechDev tells his 481,600 followers on the social media platform X that he’s looking at historical price action to determine the arrival of a new altseason. According to the trader, data from crypto’s 2017 and 2020 bull markets suggest that a fresh altseason is on the horizon. “When altseason? Not sure. But the last two started after three consecutive weekly closes over the last Bitcoin weekly high…”  Source: TechDev/X Based on the trader’s chart, he seems to suggest that Bitcoin Dominance (BTC.D) took a massive plunge after BTC broke out from previous cycle highs and rallied for three weeks. The BTC.D index tracks how much of the total crypto market cap belongs to Bitcoin. A bearish BTC.D chart suggests that altcoins are about to outperform Bitcoin. TechDev shares another chart indic...

3 Must-Watch Cryptos to Buy in Today’s Market – Optimism, Sui, Popcat (SOL)

Image
As Bitcoin nears the $100,000 mark, investors are closely monitoring tokens with growth potential in anticipation of future market movements. However, the market is facing some resistance, with predictions of further corrections before potentially reaching higher prices. As Bitcoin dominance remains high, this phase may soon give way to altcoin season, during which significant surges could occur. Now is the time to position yourself for potential altcoin opportunities, as many could see massive gains once Bitcoin dominance starts to decline. Optimism (OP) Optimism has garnered attention due to its recent price movements and potential for growth. After reaching a peak of $4.85, the token has experienced a decline, currently sitting at a lower level without any significant changes in token supply. Despite the drop, the relative strength index (RSI) on the weekly chart has hit around 44, which previously marked a turning point for the token. In the past, when the RSI reached this leve...