CandleFocus 'Alt Season' Begins With Massive ETH, DOGE and XRP Pumps
2024-11-10
Author: Content Editor
Recovery signals from Ethereum, Dogecoin, and XRP suggest the beginning of an altcoin season rally. As Bitcoin's market share reaches 60%, some analysts believe this could mark a shift where major altcoins outperform Bitcoin in terms of percentage gains. Ethereum has broken through resistance levels and aims for additional gains, while Dogecoin and XRP are also on the rise. A well-known analyst suggests that altcoins may rise through November before experiencing a decline in December. The ETH/BTC pair will be a crucial indicator to monitor for the altcoin rally. However, macroeconomic and regulatory factors may still cause volatility, so investors should monitor support and resistance levels for ETH, DOGE, and XRP, as well as BTC dominance patterns.
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