Altcoins Gaining Ground: XRP, SUI, and Ondo Lead the Market Recovery
- Bitcoin is recovering strongly, holding above $86K and approaching $90K.
- Top YouTuber Sheldon Snipper highlights promising altcoins like XRP, SUI, and Ondo.
- Snipper forecasts Bitcoin could reach $200K this market cycle, driven by institutional adoption and growing retail participation.
Bitcoin is showing strong signs of recovery, holding above $86,000 and approaching the $90,000 range. Market sentiment is shifting, with traders moving past the bearish phase and into a stage of disbelief.
This improved sentiment appears to be linked to the Federal Reserve’s decision to maintain rates. The crypto market reacted positively to the news, with Bitcoin briefly reaching $87K. In an analysis, Sheldon Snipper of the Crypto Banter YouTube channel pointed out the altcoins that could lead the market in this new bullish phase.
Bitcoin Still 100% in a Bull Market
Snipper stated that Bitcoin is in a strong position, emphasizing that it has not broken through any major bull market support levels or key bottom trend lines. He shared a chart showing that Bitcoin remains above the bull market trend line despite repeated price dips. Essentially, Snipper emphasized that Bitc…
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Altcoins Gaining Ground: XRP, SUI, and Ondo Lead the Market Recovery
- Bitcoin is recovering strongly, holding above $86K and approaching $90K.
- Top YouTuber Sheldon Snipper highlights promising altcoins like XRP, SUI, and Ondo.
- Snipper forecasts Bitcoin could reach $200K this market cycle, driven by institutional adoption and growing retail participation.
Bitcoin is showing strong signs of recovery, holding above $86,000 and approaching the $90,000 range. Market sentiment is shifting, with traders moving past the bearish phase and into a stage of disbelief.
This improved sentiment appears to be linked to the Federal Reserve’s decision to maintain rates. The crypto market reacted positively to the news, with Bitcoin briefly reaching $87K. In an analysis, Sheldon Snipper of the Crypto Banter YouTube channel pointed out the altcoins that could lead the market in this new bullish phase.
Bitcoin Still 100% in a Bull Market
Snipper stated that Bitcoin is in a strong position, emphasizing that it has not broken through any major bull market support levels or key bottom trend lines. He shared a chart showing that Bitcoin remains above the bull market trend line despite repeated price dips. Essentially, Snipper emphasized that Bitc…
The post Altcoins Gaining Ground: XRP, SUI, and Ondo Lead the Market Recovery appeared first on Coin Edition.
Read More