Is the Altcoin Bull Run Finally Upon Us? Ethereum (ETH), Bitcoin Cash (BCH), and Others’ Market Caps Enter a Phase of Price Ascension – Expert

2023-9-30 18:30

While the buzz has predominantly been about the Bitcoin bull run, what about altcoins? Esteemed crypto trader and analyst, Mags (@thescalpingpro), has shed light on the potential of the altcoin market entering a favorable phase. He explained that the altcoin market is moving through a big Wyckoff Accumulation Pattern. This is a way to understand market trends and it has five main parts:

Phase A: This is where the market stops going down because there’s less supply after a lot of selling. Phase B: Here, the market is setting up for a new upward trend, and big players are buying at low prices. Phase C: At this point, there’s a sudden drop in price, catching out those who sell late, before the market starts going up. Phase D: In this phase, the price moves towards the higher resistance lines because more people are buying. Phase E: Finally, the price breaks out, more people are buying, and it’s clear to everyone that the market is going up.

Mags thinks that the altcoin market is now in Phase D, meaning prices might start going up. This fits well with the coming month, ‘Uptober’, which is known in the crypto community as one of the best months for cryptocurrencies.

If what Mags is saying comes true, we could see big gains in the altcoin market, attracting lots of attention from investors and traders. People are really excited about this possible good run and are watching the market closely to make the most of this chance.

Mags’ insights are really helpful for anyone trying to get the hang of the complex world of crypto, and many are looking forward to his next predictions. Keep an eye on this well-known Twitter analyst to stay informed in the fast-changing world of cryptocurrencies.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Is the Altcoin Bull Run Finally Upon Us? Ethereum (ETH), Bitcoin Cash (BCH), and Others’ Market Caps Enter a Phase of Price Ascension – Expert appeared first on CaptainAltcoin.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market phase bitcoin altcoin run trader altcoins

Источник: captainaltcoin.com

market phase → Результатов: 126


Eyeing Q3 2023 Jackpot: Dogecoin (DOGE), XDC Network (XDC), Pomerdoge (POMD)

As we look towards H2 2023, three intriguing tokens – Dogecoin (DOGE), Pomerdoge (POMD), and XDC Network (XDC) — stand out for their promising upside, all priced under $1. Particularly captivating is Pomerdoge, a new token currently in its presale phase, making now an opportune time to examine its potential before it hits the market […] The post Eyeing Q3 2023 Jackpot: Dogecoin (DOGE), XDC Network (XDC), Pomerdoge (POMD) appeared first on CaptainAltcoin.

2023-9-11 12:00


Фото:

Key Metric Suggests Institutional Traders Have Completed Their BTC Accumulation — Bullish Move Incoming?

Major institutional traders may have potentially concluded their Bitcoin (BTC) accumulation phase, paving the way for a bullish trend in the cryptocurrency market. MAC D, an analyst from onchain metrics firm Santiment recently shared insights into this intriguing development in an August 12 post, noting that this could be rooted in the tumultuous events of […]

2023-8-18 12:38


Фото:

Bitcoin Price Supported By Thin $40 Million Bid Pool, But For How Long?

In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying particular attention to two key factors: the trend line and the 21-day, 21-week, and 21-month moving averages (MA) – all of which are currently influential in shaping market dynamics.

2023-8-15 02:00


Neo and The Sandbox See Decline, Tradecurve Faces 5,000% Upsurge in 2023, Says Analyst

The cryptocurrency market is ripe with opportunities and challenges, and a prominent analyst is predicting a contrasting trajectory for Tradecurve compared to Neo and The Sandbox. While the latter face bearish market dynamics, Tradecurve, currently in its presale phase, is projected to experience a staggering 5,000% upsurge in 2023.

2023-8-3 20:12


Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch

The team behind Alex The Doge (ALEX), the memecoin powering the GameFi ecosystem of the same name, are hoping the token can emulate BCH upon launch. Currently in its presale phase, hopes are high that ALEX will hit the market with a bang, making the sort of headline-grabbing moves that Bitcoin Cash (BCH) has recorded … Continued The post Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch appeared first on BeInCrypto.

2023-7-4 18:44


Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch

Frankfurt, Germany, July 3rd, 2023, Chainwire The team behind Alex The Doge (ALEX), the memecoin powering the GameFi ecosystem of the same name, are hoping the token can emulate BCH upon launch. Currently in its presale phase, hopes are high that ALEX will hit the market with a bang, making the sort of headline-grabbing moves […] The post Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch appeared first on CoinJournal.

2023-7-4 17:14


Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch

Frankfurt, Germany, July 3rd, 2023, Chainwire The team behind Alex The Doge (ALEX), the memecoin powering the GameFi ecosystem of the same name, are hoping the token can emulate BCH upon launch. Currently in its presale phase, hopes are high that ALEX will hit the market with a bang, making the sort of headline-grabbing moves […] The post Alex The Doge (ALEX) Aims to Emulate Bitcoin Cash (BCH) Rally Upon Launch appeared first on CaptainAltcoin.

2023-7-4 17:01


Фото:

Bitcoin Future Hangs In The Balance: What To Expect In The Coming Weeks

Bitcoin, the leading cryptocurrency by market capitalization, seems to have entered a phase of consolidation above the $30,000 mark following a notable surge of over 10% on Tuesday.   While the price movement has generated a lot of interest among investors, it remains uncertain whether Bitcoin will maintain its upward momentum or experience a pullback in the coming days.

2023-6-24 00:00


Фото:

TMS Network (TMSN) New Heavyweight League Champion Crashes Market: Knocks out BNB (BNB) and Litecoin (LTC) in its Wake

In a surprising turn of events, TMS Network (TMSN) dominates the crypto market in winning presale on all fronts, leaving BNB (BNB) and Litecoin (LTC) far behind. As TMS Network (TMSN) enters its fourth presale phase, its potential and momentum continue to pull off a knockout performance. Join us as we explore the rise of […]

2023-6-7 09:13


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Top 4 Cryptos Under $1 for Quick Gains in May

As the bull run of 2024 charges forward, the search is on for cryptocurrencies that promise attractive short-term returns without breaking the bank. Strategic investments in coins trading under the $1 threshold can lead to significant financial rewards.

Most Underwatched Cryptos to Invest in May

Exploring the cryptocurrency market can uncover lesser-known opportunities with strong growth potential. As the bull run of 2024 continues, identifying undervalued coins becomes critical for those looking to invest this May.