CandleFocus Expert Picks 5 Altcoins To Watch, Declaring Arrival Of The Altseason After Three Years
2024-10-24
Author: Content Editor
Crypto analyst OxNobler has stated that today marks the beginning of the next significant altseason in the cryptocurrency market. The Altcoin Indicator has gone parabolic for the first time in three years, indicating a potential liquidity movement from Bitcoin into larger-cap tokens and eventually lower-cap altcoins. Catalysts for this trend include the upcoming US election, Federal Reserve rate cuts, the potential lifting of the cryptocurrency ban in China, and a $16 billion payout from FTX. OxNobler believes traders can position themselves for substantial gains by analyzing historical price movements and market cycles in certain altcoins.
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