Altcoin Watch
Solana increased its DEX market share and moved ahead of Ethereum, but will SOL price follow anytime soon?
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Altcoin Watch News
Altcoin watch refers to the practice of monitoring and analyzing alternative cryptocurrencies to Bitcoin, known as altcoins. With thousands of altcoins available in the market, each with special features and uses, traders and investors keep a close eye on their movements in search of possible investment opportunities. Altcoin watch entails keeping an eye on news about particular altcoins, as well as price changes, trading volume and market capitalization.
Investors engage in altcoin watch to diversify their portfolios beyond Bitcoin, hoping to capitalize on the rapid growth potential of certain altcoins. Monitoring altcoins allows investors to identify emerging trends, promising projects and innovative technologies within the cryptocurrency space. Additionally, traders often use technical and fundamental analysis techniques to evaluate altcoins, aiming to predict price movements and make profitable trades.
However, altcoin investments come with higher risks due to their volatility and the evolving nature of the cryptocurrency market. Consequently, individuals engaged in altcoin watch must stay informed, conduct thorough research, and exercise caution when making investment decisions.
- Altcoin Watch
Crypto analysts and several metrics suggest that an "altcoin season" will begin once Ether’s price breaks new all-time highs.
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Historical analysis suggests XRP’s big breakout could come between July and mid-September if the price overcomes resistance at $2.40.
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XRP price risks a possible 41% plunge to $1.18 if a descending triangle pattern is confirmed on the charts.
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Crypto speculators may offset some of their altcoin losses by investing in Bitcoin or BTC treasury firms, according to Hashcash inventor Adam Back.
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A head-and-shoulders pattern sets a $120 target for SOL, but bullish onchain data points to resilient longer-term fundamentals.
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XRP could drop 35%, potentially revisiting the $1.35–$1.60 range, on-chain and technical metrics suggest.
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Bullish fractals from 2017 suggest XRP could rally toward $3.70–$10, with some projections pointing to a breakout as high as $25 or more.
31120 - How to
ChatGPT and Grok can help you analyze altcoins, compare projects, and stay ahead in crypto research.
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Ether’s price is up 46% in the past 30 days, and analysts say continued demand for spot Ethereum ETFs and strengthening structure may trigger a breakout.
3644 - Market Analysis
Analysts say Ethereum’s breakout versus Bitcoin could trigger a 250x altcoin market rally, signaling the start of a 2025 altseason.
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Trader’s interest in Solana is strong, but declining memecoin prices and SOL token unlocks have put a cap on the altcoin’s rally.
8688 - Market Analysis
Solana's reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion.
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Solana technical charts and futures data point to a potential rally to $300.
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SUI’s prevailing ascending channel and Fibonacci setup project $7.56 as the new record high target.
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