Rally

Satoshi

Bitcoin

Spot

Coin

<p>The cryptocurrency market has long been characterized by cyclical patterns, with periods of substantial growth followed by consolidation phases. As the market matures, analysts are closely monitoring technical indicators to anticipate the next major move. According to several crypto analysts, the stars seem to be aligning for an imminent altcoin explosion, fueled by a confluence of technical signals.</p> 
<h2 class="wp-block-heading" id="strong-altcoin-growth-cycles-and-bitcoin-dominance-strong"><strong>Altcoin Growth Cycles and Bitcoin Dominance</strong></h2> 
<p>Crypto analyst ilay (VP), revealed a compelling chart showcasing the correlation between altcoins and Bitcoin on a two-week timeframe. This chart illustrates the peak growth of altcoins in previous cycles, marked by green circles.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">This is the <a href="https://twitter.com/hashtag/TOTAL2?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#TOTAL2</a>/BTC chart on the 2W timeframe, illustrating the correlation of <a href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#altcoins</a> to <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> <br><br>In this chart, you can observe the peak growth of altcoins in the two prior cycles (marked with green circles). The green zone remains as a resistance level, that could… <a href="https://t.co/L3OVfP8mkB" target="_blank" rel="nofollow">pic.twitter.com/L3OVfP8mkB</a></p>— ilay (aka VP) (@ilay_vp) <a href="https://twitter.com/ilay_vp/status/1794645187521593790?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 26, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Notably, these green zones have historically served as resistance levels, potentially signaling the forthcoming top of the next cycle when the altcoin market approaches these levels with elevated RSI readings.</p> 
<p>Simultaneously, ilay (VP) highlights an ascending diagonal blue zone, which represents a support level. Moreover, this pattern suggests that the growth potential of altcoins is diminishing relative to Bitcoin. This, moreover, potentially implies higher Bitcoin dominance in the current cycle compared to previous ones.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/captainaltcoins-cbo-explains-why-he-chooses-this-altcoin-over-kaspa-kas/" target="_blank"><strong><em>CaptainAltcoin’s CBO Explains Why He Chooses This Altcoin Over Kaspa (KAS)</em></strong></a></p> 
<h2 class="wp-block-heading" id="strong-historical-patterns-and-buy-signals-strong"><strong>Historical Patterns and Buy Signals</strong></h2> 
<p>Corroborating ilay’s analysis is top analyst El Crypto Prof (@el_crypto_prof), who <a href="https://x.com/el_crypto_prof/status/1794381797469606332" target="_blank" rel="nofollow">draws attention</a> to the breakout of altcoins from the Gaussian Channel. Besides, this is a technical pattern that preceded the legendary altcoin season nearly four years ago. Significantly, the analyst also observes buy signals from the supertrend and EMA 10 indicators, echoing the conditions that underpinned the previous altcoin run.</p> 
<p>Adding to the bullish sentiment is Trader Tardigrade (@TATrader_Alan), who <a href="https://x.com/TATrader_Alan/status/1794650695070896556" target="_blank" rel="nofollow">notes</a> an inverse Head &amp; Shoulders pattern on the Total2 chart – a representation of the total crypto market capitalization excluding Bitcoin. In a tweet, he states:&nbsp;</p> 
<p><em>“#Altcoin market will surge 3x if $Total2 (Crypto Total Market Cap excluding #Bitcoin) breakout this inverse Head &amp; Shoulders Pattern. We are now at the end of the right shoulder. It is expected to breakout in a few weeks time according to this pattern.”</em></p> 
<p>While the analysts acknowledge the potential for higher Bitcoin dominance in this cycle, the collective weight of these technical indicators and historical patterns points toward an imminent altcoin season.</p> 
<p><em><strong>Join&nbsp;<a href="https://captainaltcoin.com/go/aethir/" target="_blank" rel="noreferrer noopener">Aethir’s exclusive airdrop</a>&nbsp;and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/altcoins-primed-for-explosive-rally-amid-bitcoin-btc-dominance-top-analysts-spot-massive-3x-breakout-pattern/">Altcoins Primed for Explosive Rally Amid Bitcoin (BTC) Dominance: Top Analysts Spot Massive 3X Breakout Pattern</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Altcoins Primed for Explosive Rally Amid Bitcoin (BTC) Dominance: Top Analysts Spot Massive 3X Breakout Pattern

目錄

CaptainAltcoin

在 2024年5月27日發表的其他文章

5 ERC20 Tokens Ready to Soar Post Ethereum (ETH) ETF Approval- LINK, SNT, ETH, SUSD, and HOT

TON Blockchain Surpasses $300M in TVL, Achieving Tenfold Growth Since March

Why are Investors Betting Big on ETFSwap Amid the Bitcoin and Ethereum Surge

Whale Addresses Increase as Polygon (MATIC) Prepares for Uptrend

Bitcoin Surpasses $70,000 Again

Caitlyn Jenner Pledges Full Support to $Jenner, Apologizes for Confusion

訂閱免費電子報，每天收取加密貨幣最新動態！