Altcoin Market Primed for $1.3 Trillion Run After 36-Day Correction, Analyst Predicts
- Altcoins show bullish momentum after a 36-day correction, with a projected 27.5% gain toward a $1.3 trillion market cap.
- The market awaits a confirmed breakout above key resistance.
- Analysts predict a potential altcoin season driven by historical patterns and Donald Trump’s upcoming inauguration.
The altcoin market is showing renewed signs of strength after a 36-day correction. According to analyst Captain Faibik, who posted a detailed chart on X, the altcoin market is showing signs of bullish momentum.
“After 36 Days of Correction, Altcoins Are Ready to Fly Again,” Faibik stated. His chart reveals a bull pennant pattern forming in the total altcoin market cap, with a confirmed breakout above resistance.
This technical pattern suggests the continuation of an upward trend, potentially pushing the market cap toward a $1.3 trillion target—a 27.5% gain from current levels.
Altcoin Market Insights
The breakout was confirmed with robust buying pressure, evidenced by a significant daily green candle above the pattern’s resistance line. Continued buying could drive broader market momentum, benefiting a range of altcoins.
This comeback rally follows…
The post Altcoin Market Primed for $1.3 Trillion Run After 36-Day Correction, Analyst Predicts appeared first on Coin Edition.
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Altcoin Market Primed for $1.3 Trillion Run After 36-Day Correction, Analyst Predicts
- Altcoins show bullish momentum after a 36-day correction, with a projected 27.5% gain toward a $1.3 trillion market cap.
- The market awaits a confirmed breakout above key resistance.
- Analysts predict a potential altcoin season driven by historical patterns and Donald Trump’s upcoming inauguration.
The altcoin market is showing renewed signs of strength after a 36-day correction. According to analyst Captain Faibik, who posted a detailed chart on X, the altcoin market is showing signs of bullish momentum.
“After 36 Days of Correction, Altcoins Are Ready to Fly Again,” Faibik stated. His chart reveals a bull pennant pattern forming in the total altcoin market cap, with a confirmed breakout above resistance.
This technical pattern suggests the continuation of an upward trend, potentially pushing the market cap toward a $1.3 trillion target—a 27.5% gain from current levels.
Altcoin Market Insights
The breakout was confirmed with robust buying pressure, evidenced by a significant daily green candle above the pattern’s resistance line. Continued buying could drive broader market momentum, benefiting a range of altcoins.
This comeback rally follows…
The post Altcoin Market Primed for $1.3 Trillion Run After 36-Day Correction, Analyst Predicts appeared first on Coin Edition.
Read More
Will Q3 Tariff Expirations Trigger a Global Risk-Off Shift?