Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 2698
Markets: 22707
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
2698
Cryptocurrencies
63.57%
Bitcoin Share
BitcoinSistemi 2024-12-04 15:46:08

Experienced Analyst Confirms Rally for XRP and Altcoins! What Awaits Next?

Experienced Analyst Confirms Rally for XRP and Altcoins! What Awaits Next?

Bitcoin, which had a big rally after Donald Trump's victory, has been trending sideways in recent days. While the upward trend in BTC slowed down, altcoins went on the offensive this time. While altcoins such as XRP and Tron (TRX) are in the focus of the market with their rise, 10x Research CEO Markus Thielen said that the altcoin season has begun. Stating that while Bitcoin's market dominance decreased to 53.80%, altcoins such as XRP, XLM, and HBAR made gains exceeding 400%, Thielen stated that the altcoin season will continue. “Altcoin season has started to be priced in and this trend will continue. Potentially, trading opportunities will continue to expand.” Markus Thielen said that he thinks the demand for altcoins, and therefore the rise, will continue until Donald Trump's inauguration in January. Referring to the rise of XRP, Thielen stated that the rally gained momentum with the breaking of a long-term technical formation after the US elections and said, “The XRP rally is extraordinary and will continue.” Finally, the analyst Markus Thielen added that the XRP price fluctuation does not indicate a slowdown in the market's upward trend and that Ethereum and Solana will lead the crypto market as altcoin season has arrived. *This is not investment advice. Continue Reading: Experienced Analyst Confirms Rally for XRP and Altcoins! What Awaits Next?

Most Read News

Market Cap
24h Vol
63.57%
Bitcoin Share
20
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.