Shiba

Rally

Captain

Inu.

Fetch.ai

<p>The post <a href="https://coinpedia.org/price-analysis/altcoins-rally-to-begin-in-2-months-here-are-the-top-picks/" rel="noopener noreferrer nofollow">Altcoins Rally To Begin in 2-Months; Here Are the Top Picks</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The total cryptocurrency market cap has established a consolidation range in the past few weeks, thus signaling an inevitable rebound ahead. Bitcoin’s (BTC) price has a solid support level above $61k, while Ethereum’s (ETH) has established a correction bottom of around $2,969. As a result, it is safe to assume that the medium and small-cap altcoins are experiencing the last major dip before a parabolic rally to the price discovery phase.&nbsp;</p>
<h2 class="wp-block-heading" id="h-key-indicators-for-altseason-ahead">Key Indicators for Altseason Ahead</h2>
<p>Bitcoin dominance, a major indicator of the crypto cash rotation, has been signaling an inevitable reversal in the near term. Currently hovering around 55 percent, Bitcoin dominance has formed an ascending triangle with a bearish divergence on the weekly Relative Strength Index (RSI).&nbsp;</p>
<p>A macro reversal in the ETH/BTC pair will also trigger the altseason. From a technical standpoint, the pair has been grinding down in the past few months despite a bullish divergence on the weekly RSI.&nbsp;</p>
<h2 class="wp-block-heading" id="h-analyst-s-expectations-on-altcoins-pump">Analyst’s Expectations on Altcoins Pump</h2>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> Bullish Rally incoming. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/231b.png" alt="⌛" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>May and June are going to be epic for altcoins!<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/pPqAUVICvN" rel="noopener noreferrer nofollow">pic.twitter.com/pPqAUVICvN</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1788793116893364420?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 10, 2024</a>
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<p>The altcoin market cap, excluding Ethereum, has been trapped in a correction pattern in the past few weeks. However, popular crypto analyst Captain Faibik believes a rebound is on the horizon. By June, the crypto analyst is confident most of the altcoins will be experiencing a bullish breakout.&nbsp;</p>
<p>In case of a bullish breakout, the crypto analyst expects the altcoin to rally at least 35 percent to around $900 billion.</p>
<h2 class="wp-block-heading" id="h-top-altcoins-to-watch">Top Altcoins to Watch</h2>
<p>The inevitable rise of the altcoins will mostly involve projects in Layer One (L1), Layer Two (L2), AI-focused coins, and meme coins such as Floki, Pepe, Dogecoin, and Shiba Inu.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> Looks Extremely Promising here..<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9d0.png" alt="🧐" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>In case of successful Pennant Upside Breakout, Expecting +150% Bullish Rally in the coming days.<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/FET?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#FET</a> <a href="https://twitter.com/hashtag/FETUSDT?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#FETUSDT</a> <a href="https://t.co/iaSqdH60mS" rel="noopener noreferrer nofollow">pic.twitter.com/iaSqdH60mS</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1788794565207494845?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 10, 2024</a>
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<p>For instance, Fetch.ai (FET), already in price discovery mode, is soon on the cusp of a major bullish uptrend.</p>

Altcoins Rally To Begin in 2-Months; Here Are the Top Picks

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