- Analyst highlights most bullish altcoin setup.
- The altcoin price chart is printing a massive falling wedge pattern.
- A breakout from this could lead to monumental altcoin price pumps.
The crypto market seems to be showing bullish signs for a successful crypto price pump in 2026. At the moment, Ethereum (ETH), the pioneer altcoin asset, just reclaimed prices above the $3,000 prie range, igniting hope for the bullish altseason peak phase to kick off. One analyst highlights the most bullish altcoin setup with a falling wedge pattern, preparing for a massive altcoin price breakout.
Analyst Highlights Most Bullish Altcoin Setup
Expectations for the long-awaited altsesaon peak phase have truly been tested this cycle. An altseason that should have arrived in Q1 2025 was delayed due to a market correction, leading to bottoming prices for many altcoins, including the pioneer altcoin asset Ethereum (ETH). Over the next two quarters, only a handful of altcoins went on to set new ATH prices, including ETH.
Despite this feat, ETH failed to break out above $4,900 and enter a price discovery range in the $5,000 price range, which many analysts attribute to the reason behind the failure of the highly anticipated altseason to have arrived. Since ETH’s previous ATH, the price of ETH and altcoins have been steadily declining alongside BTC, leading bearish analysts to call for the start of the bear market.
In contrast to that call, bullish analysts have theorised the playing out of a 5-year supercycle, meaning BTC, ETH, and altcoins are preparing for the possibility of hitting new ATH prices in 2026. This theory is further supported by what one analyst calls the most bullish altcoin setup yet. As we can see from the post above, the analyst states that a falling wedge, which has been forming for over 4.5 years, is about to break out.
Falling Wedge Pattern Prepares Altcoins for Massive Pump
What’s more, the 5-year supercycle call by Raoul Pal has also been confirmed by Bitmine Immersion’s Tom Lee. To highlight, Lee said on CNBC, that Bitcoin is highly sensitive to the ISM, and when ISM moves back above 50 (expansion), it’s historically lined up with supercycle moves in Bitcoin. He even noted that detrended Bitcoin is almost perfectly correlated with the ISM.
Likewise, it is not just BTC and ETH showing promising signs for a pump. As the charts in the post above highlight, gold and silver show the same setup that XRP is printing at the moment. If XRP follows gold and silver’s similar pump, it could mark an incredibly bullish parabolic price pump that could shoot the price of XRP to monumentally high price targets.
