bullish

2024

Coin

<ul class="wp-block-list news-points">
 <li>Altcoins hint at bullish reversal as accumulation and patterns suggest a breakout.</li>
 <li>Surging trade volumes for WIF, PEPE, and FTM signal growing investor interest amid dips.</li>
 <li>Profit-taking and caution lead to market cap drops as investors assess market risks.</li>
</ul>
Analysts have urged investors to “buy the dip” before the altcoin market breaks out to new highs. A technical pattern on the weekly chart of the total cryptocurrency market cap, excluding Bitcoin, suggests a bullish reversal after a long accumulation phase. This could be the last chance to buy altcoins at lower prices before the market surges.
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 <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Altcoins</a> Probably your last chance to buy cheap before the whole market goes into stratospheric mode. I hope the deviation hasn't shaken you out. Reclaim is already happening. Hardly any room left in the wedge. Send it. <a href="https://t.co/ltwduDyNgZ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ltwduDyNgZ</a>— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f2.png" alt="🧲" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@el_crypto_prof) <a href="https://twitter.com/el_crypto_prof/status/1848812286728671518?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 22, 2024</a>
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This potential breakout follows a period of price declines in the altcoin market.&nbsp; Analysts believe these dips represent a buying opportunity.&nbsp; A “cup and handle” formation, a classic bullish indicator, has formed on the weekly chart, signaling a pot…
The post <a href="https://coinedition.com/wif-pepe-ftm-analysts-predict-altcoin-market-breakout-urge-buy-the-dip/" rel="noopener noreferrer nofollow">WIF, PEPE, FTM: Analysts Predict Altcoin Market Breakout, Urge “Buy the Dip”</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

WIF, PEPE, FTM: Analysts Predict Altcoin Market Breakout, Urge “Buy the Dip”

Coin Edition

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