- Bitcoin’s falling dominance lets altcoins take center stage.
- Altcoin PYTH rises as a strong contender for bullish pumps this altseason.
- Analyst sets bullish targets of $3.15 and $6 for PYTH price.
Bitcoin’s price continues to stagger in the mid $90,000 price range allowing the spotlight to shift to altseason and its inevitable parabolic phase. Usually, every bull cycle sees a significant price pump for popular altcoins in Q1 following a Bitcoin Halving year. Presently, this same phase is unfolding meaning heightened gains are in store for many altcoins.
In detail, the spotlight is shining on Ethereum (ETH) specifically. The pioneer altcoin ETH is expected to lead the coming bullish phase of the ongoing altseason which seems to have gotten an early start this crypto bull cycle. Also supporting this hypothesis are the altcoin charts themselves.
Altcoins Print Bullish Cup and Handle Pattern
The Ethereum price chart alongside those of XRP, Dogecoin, and many more are all hinting at major gains and parabolic pumps in the coming months ahead. The weeks that follow the New Year will likely yield remarkable price pumps for many capable altcoins along with a series of new ATHs as well.
PYTH Bullish for Two Altseason Pump Targets
The post above shows the near completion of a bullish cup and handle pattern for altcoins signaling major pumps soon. The other post above also highlights another new altcoin that could see significant gains this crypto bull cycle which is PYTH, its price currently at $0.39. The analyst in the post goes on to set two bullish targets for PYTH price at $3.15 and $6 this bull cycle.
