Price Analysis View Non-AMP

Altcoins Rally To Begin in 2-Months; Here Are the Top Picks

Published by
Zameer Attar

The total cryptocurrency market cap has established a consolidation range in the past few weeks, thus signaling an inevitable rebound ahead. Bitcoin’s (BTC) price has a solid support level above $61k, while Ethereum’s (ETH) has established a correction bottom of around $2,969. As a result, it is safe to assume that the medium and small-cap altcoins are experiencing the last major dip before a parabolic rally to the price discovery phase. 

Key Indicators for Altseason Ahead

Bitcoin dominance, a major indicator of the crypto cash rotation, has been signaling an inevitable reversal in the near term. Currently hovering around 55 percent, Bitcoin dominance has formed an ascending triangle with a bearish divergence on the weekly Relative Strength Index (RSI). 

A macro reversal in the ETH/BTC pair will also trigger the altseason. From a technical standpoint, the pair has been grinding down in the past few months despite a bullish divergence on the weekly RSI. 

Analyst’s Expectations on Altcoins Pump

The altcoin market cap, excluding Ethereum, has been trapped in a correction pattern in the past few weeks. However, popular crypto analyst Captain Faibik believes a rebound is on the horizon. By June, the crypto analyst is confident most of the altcoins will be experiencing a bullish breakout. 

In case of a bullish breakout, the crypto analyst expects the altcoin to rally at least 35 percent to around $900 billion.

Top Altcoins to Watch

The inevitable rise of the altcoins will mostly involve projects in Layer One (L1), Layer Two (L2), AI-focused coins, and meme coins such as Floki, Pepe, Dogecoin, and Shiba Inu.

For instance, Fetch.ai (FET), already in price discovery mode, is soon on the cusp of a major bullish uptrend.

Also Check Out : This Altcoin is Poised for a Rebound This Summer, With a Potential Explosive Growth of 100% in the Next Two Months

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Recent Posts

Is Pi Network Breakout Imminent? New Roadmap Sparks 4% Surge Amidst Mixed Reactions

Pi Network price has surged over 4% in the past 24 hours following the launch…

April 20, 2025

Charles Schwab to Launch Spot Crypto Trading by 2026, Boosting Bitcoin and Ethereum Access

Charles Schwab’s new CEO, Rick Wurster, announced that the company is gaining significant momentum in…

April 20, 2025

What Happened In Crypto This Week?

 The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and…

April 20, 2025

Firing Powell Could Set Dangerous Precedent and Hurt Crypto, Warns Pompliano

Crypto investor Anthony Pompliano recently criticized President Trump's recent threat to fire Fed Chair Jerome…

April 19, 2025

XRP Price Prediction 2025

XRP is currently trading near $2 after bouncing back from $1.61, with many traders viewing…

April 19, 2025

XRP News: ETF Approval Could Suck Up Supply Like a “Vacuum” & Pump Price Higher

A popular crypto analyst from the Good Morning Crypto podcast has made a strong prediction…

April 19, 2025