Currencies38131
Market Cap$ 2.27T+0.16%
24h Spot Volume$ 31.08B-4.66%
DominanceBTC56.38%+0.05%ETH9.51%+0.89%
ETH Gas0.08 Gwei
Cryptorank
/

Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying


Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • Altseason potential building? Analyst CryptoELITES sees bottom, urges holding Apr/May
  • Total 2 (alt market cap) holds key $906B support after 42% drop from Dec highs
  • ETH/BTC strength needed for broad rally; whales reportedly accumulating ETH quietly

The altcoin market that has been overshadowed by Bitcoin dominance of late, might just be setting up for a significant move, often termed an “altseason.” 

Technical patterns, analyst sentiment, and on-chain behavior are all aligning well to an impending altseason.

Analyst Sees Potential Bottom, Urges Patience

Analyst CryptoELITES suggested the market may be bottoming out, forecasting “something big” soon. The analyst advised crypto traders to hold positions through April and May, predicting Bitcoin’s (BTC) dominance would “crash substantially soon.”

Related: OM, MOVE, WAL: Top 3 Trending Coins This Week – Price Analysis

Total 2 Chart: Consolidation Above Key Support After 42% Drop

The crypto total market cap excluding Bitcoin (Total 2) …

The post Decoding Altseason Clues: Total 2 Consolidation Meets ETH Whale Buying appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 64.07K

+0.22%

$ 1.80K

+1.03%

$ 0.00724

+1.39%

$ 0.00...361

$ 33.38K


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 64.07K

+0.22%

$ 1.80K

+1.03%

$ 0.00724

+1.39%

$ 0.00...361

$ 33.38K


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says

5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says

In Brief Grayscale says five altcoins stand to benefit most as tokenized stocks grow...
Steady buying pressure puts ZCash’s $500 breakout in focus

Steady buying pressure puts ZCash’s $500 breakout in focus

The ZCash price action was bearish in the past six weeks but has been pushing higher.