Santiment analytics reveals very bullish action from ADA, SHIB, and DOGE very soon.
The native tokens of Cardano, Shiba Inu, and Dogecoin would rise inexplicably.
Crypto investor draws parallel to previous Bitcoin Halving cycle fueling bullish sentiment.
As the crypto market shows signs of recovery from its brutal correction phase, Santiment on-chain analytics reveal very bullish signs for three specific altcoins. These popular altcoins could very well print god candles and smash through their previous all-time high inexplicably.
In detail, according to this analytics, Dogecoin (DOGE), Shiba Inu (SHIB), and Cardano (ADA) are all showing major indicators to pull an explosive price spike at any moment during this ongoing crypto bull cycle.
Shiba Inu, Cardano, DOGE Primed To Smash All-Time Highs Any Moment Now As Major Indicator Turns "Very Bullish" #Cardano #cardanofeed #trading #ADA #crypto #CardanoCommunity #bitcoin #blockchain @otaviolima #cryptocurrency #CardanoADA #btc $ADA https://t.co/6JqQs4uoky
— Cardano Feed ($ADA) (@CardanoFeed) June 19, 2024
In particular, the Santiment analytics that lead to this bullish expectation comes from the recent 30-day MVRV of the top seven largest crypto based on market cap. This shows which cryptos are overvalued and undervalued.
Meanwhile, a reputed crypto investor, Quinten shares a bullish Bitcoin (BTC) price chart to revive overall bullish crypto market sentiment. Here, he shares a price chart that maps Bitcoin’s price action over the last three Bitcoin Halvings.
After the #Bitcoin halving in 2020 $BTC ranged 150 days in a boring price range between $9,000-$11,000We are currently 60 days after the halving and people are deeply depressed about the price action Every cycle again pic.twitter.com/x2gfIFEtMT
— Quinten | 048.eth (@QuintenFrancois) June 19, 2024
Thus, Quinten marks how in 2020, following that cycle’s Bitcoin Halving event, BTC took 150 days where it was in the boring price range between $9,000 – $11,000. He then draws a parallel to our current cycle where we are only 60 days past the Bitcoin Halving event that took place earlier this year.
He advises the crypto community not to be disheartened by the latest Bitcoin and crypto price dips as history is simply repeating itself. He reminds traders and investors of crypto that this plays out every year and we must simply remember to hold strong and wait out the dip for an epic price reversal.
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The post ADA, SHIB, and DOGE Could Break ATHs at Any Moment Based on Santiment Analytics, Bitcoin Halving Aftermath Still in Play appeared first on Crypto News Land.