Altseason

Several indicators point to renewed strength in altcoins, suggesting a potential altcoin season on the horizon. However, for confirmation, Bitcoin (BTC) dominance needs to drop further. Altcoin Market Cap Crosses 200-Day EMA Crypto analysts are closely monitoring various indicators that track altcoin behavior, with one critical metric being the 200-day exponential moving average (EMA). According to the following chart, the OTHERS index – an index that tracks the market cap of cryptocurrencies excluding the top 10 digital assets by market…

Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged by 16% to $2,666 since the Fed cut rates for the first time in four years. BTC has risen by 9% in the same period,…

The post AltSeason Alert: ETH Gaining Strength, Last Chance To Buy Before Altcoin Rally? appeared first on Coinpedia Fintech News Amid increased market uncertainty, the Ethereum price has stabilized around the $2,400 mark. Further, with the dominance of Bitcoin constantly declining, investors are considering this to be a sign of the beginning of a fresh Altcoin season cycle. Over the past month, the dominance of lesser-known tokens has increased to 17.02% from 16.32%. Moreover, many altcoins have defied the market…

Analysts are focusing on altcoins as Bitcoin (BTC) experiences a price decline, with hopes of a potential altseason. This phase, which often follows Bitcoin halvings, has been anticipated since the fourth Bitcoin halving in April. An altcoin season refers to a period where altcoins outperform Bitcoin and Ethereum (ETH), offering better investment returns. Analysts Say It’s Altcoin Accumulation Phase Mags, a prominent crypto analyst, points out that altcoins are trading at 60% to 80% of their previous highs. He highlights…

The post Must-Have Top Altcoins to Invest in Before the Next Altseason Begins appeared first on Coinpedia Fintech News In a recent episode on the Paul Barron Network the host opened up about promising altcoins to watch as we approach 2025, potentially marking the start of an altcoin season. Hosted by Paul Barron and joined by Evan Aldo, here are the few coins with massive potential:  Coin 1: Jupiter The token is currently experiencing a bearish trend but might be…

The post These AI Tokens To Outperform Top Cryptos During The AltSeason?  appeared first on Coinpedia Fintech News The crypto market has recorded a jump of 1.71% in the past 24 hours, resulting in the price of Bitcoin reclaiming the $61K mark. With this, BTC has formed a strong resistance around the $62,000 range. This indicates a strong selling point at that level. On the other hand, the AI tokens have successfully regained momentum, with the top tokens in this…

The post Top Altcoins to Consider Amid the Highly Anticipated Electrifying Altseason  appeared first on Coinpedia Fintech News The cryptocurrency market has been attracting more ‘holders’ in the past few months, following the heightened volatility that has caused max-pain among leverage traders. With the recent crypto correction anticipated to taper off in the fourth quarter of 2024, a major pump in altcoin is anticipated in the subsequent months. Furthermore, the crypto bull market tends to peak on average about 480…

The post Cardano (ADA) Remains Heavily Undervalued Amid Anticipated Altseason Ahead appeared first on Coinpedia Fintech News The Web3 is a truly dynamic world, and there’s no telling what the next development will be. Solana (SOL) and Toncoin (TON) has outshined Cardano (ADA). Cardano has drawn both praise and criticism, leaving its role in the crypto space up for debate. Some crypto enthusiasts view Cardano as a “sleeping giant” ready for a bullish breakout. Others, however, consider it a “zombie…

The long-awaited Ethereum Exchange-Traded Funds (ETFs) are finally live, registering over $100 million in volume in the first 15 minutes. Investors expect to see the launch’s impact on the crypto market, while some market watchers believe ETH ETF’s performance will kickstart the Altcoin season. Ethereum Spot ETFs Are Officially Live On Monday, the US Securities and Exchange Commission (SEC) gave the final nod to Ethereum spot ETFs, setting the launch date for Tuesday, July 23. After the approval, investors raised…