- Altcoins gain more traction as altseason steps closer.
- Analyst notices the completes of bullish cup and handle pattern for altcoins.
- Ripple’s XRP also bullish, shows signs of hitting $10 ATH this altseason.
Altcoins have been steadily gaining greater attention in the crypto market and community as Bitcoin’s sluggish movement seems to go on forever. Despite several seasoned analysts being certain that BTC price will recover by the end of the month or the start of the next, traders are still highly disappointed by Bitcoin’s sluggish pace.
However, the promise of a promising altseason in Q1 of this year has brought more than just a lot of attention to altcoins. In particular, it has brought high expectations for a string of new ATHs for many capable and popular altcoins. In particular, this expectation comes from a promising historical fact in the Bitcoin bull cycle.
Altcoins Print Bullish Cup and Handle Pattern
To highlight, every Q1 following a Bitcoin Halving year has always led to an explosive bull pump phase for altcoins marking the peak of that bull cycle’s altseason. To add to these bullish expectations altcoin price charts are printing high bullish signals. As we can see from the post above, altcoins have closed a bullish cup and handle pattern.
Ripple’s Bullish Indicator of $10 ATH
So, the analyst expects the dip to not last much longer and for pump opportunities to arise very soon. Similarly, altcoins too are setting bullish indicators on their price charts. Like in the post above, Ripple’s XRP shows strong signals for a magnificent pump ahead. One that could take the price of XRP to an unprecedented $10 ATH.
