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MainNewsWIF, PEPE, F...

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


by Coin Edition
for CoinEdition
WIF, PEPE, FTM: Analysts Predict Altcoin Market Breakout, Urge "Buy the Dip"
  • Altcoins hint at bullish reversal as accumulation and patterns suggest a breakout.
  • Surging trade volumes for WIF, PEPE, and FTM signal growing investor interest amid dips.
  • Profit-taking and caution lead to market cap drops as investors assess market risks.

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.

This potential breakout follows a period of price declines in the altcoin market.  Analysts believe these dips represent a buying opportunity.  A “cup and handle” formation, a classic bullish indicator, has formed on the weekly chart, signaling a pot…

The post WIF, PEPE, FTM: Analysts Predict Altcoin Market Breakout, Urge “Buy the Dip” appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fed Rollback, NASDAQ Push, and Bitcoin Demand Point to a Breakout Crypto May

Fed Rollback, NASDAQ Push, and Bitcoin Demand Point to a Breakout Crypto May

The crypto industry is seeing fresh regulatory momentum this week. Tony Edward, host ...
Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, believes Ethereum continue...
MainNewsWIF, PEPE, F...

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


by Coin Edition
for CoinEdition
WIF, PEPE, FTM: Analysts Predict Altcoin Market Breakout, Urge "Buy the Dip"
  • Altcoins hint at bullish reversal as accumulation and patterns suggest a breakout.
  • Surging trade volumes for WIF, PEPE, and FTM signal growing investor interest amid dips.
  • Profit-taking and caution lead to market cap drops as investors assess market risks.

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.

This potential breakout follows a period of price declines in the altcoin market.  Analysts believe these dips represent a buying opportunity.  A “cup and handle” formation, a classic bullish indicator, has formed on the weekly chart, signaling a pot…

The post WIF, PEPE, FTM: Analysts Predict Altcoin Market Breakout, Urge “Buy the Dip” appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fed Rollback, NASDAQ Push, and Bitcoin Demand Point to a Breakout Crypto May

Fed Rollback, NASDAQ Push, and Bitcoin Demand Point to a Breakout Crypto May

The crypto industry is seeing fresh regulatory momentum this week. Tony Edward, host ...
Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, believes Ethereum continue...