The crypto market slowly shifts from dips and corrections to steady upward and sideways movement. As Bitcoin is expected to move towards upwards and sideways, altcoins are gearing up for their inevitable price spike and FLOKI and VET are among the leading assets.
Read CRYPTONEWSLAND onIn detail, crypto analysts including the silver-tongued Doctor Profit, believe that the bottom is in for altcoins. This means that once Bitcoin (BTC) recovers and pulls a reversal to bullish upwards price movement, altseason will likely begin.
Already proving his point are many altcoins that have begun to pump. In the last 24 hours WadzPay’s WTK is already up by 60% and continues to pump upwards. Reflecting similar bullish sentiment are other popular altcoins such as JASMY which is expected to make bullish moves over the coming months.
Taking the spotlight now are FLOKI and VET, both altcoins are observed to be setting up very bullish chart patterns. Specifically for VeChain (VET) analysts notice that the asset is still sitting at a strong support like and could push up to new highs at any moment.
This is after VET has already pumped by 15% since its weekly lows. Some analysts expect a good bounce from the critical horizontal support. The positive bullish sentiment is apparent amongst the VeFam as many share their expectation for VET to hit $0.03 today.
Meanwhile for FLOKI, similar sentiments reflect. Based on the post above traders believe FLOKI is primed for an explosive altseason. Despite FLOKI already setting a new ATH earlier this month, sentiments for greater highs in the coming months are still positive for FLOKI price.
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