🔷 Altcoins Gaining Momentum
Ethereum, Dogecoin, and XRP are showing strong signals of recovery, hinting that an altcoin season may be underway.
🔷 Key Levels Broken
Ethereum: Surpassed $3,000 resistance, targeting further gains if momentum holds.
Dogecoin: Broke $0.18 resistance, maintaining a bullish trajectory.
XRP: Climbing, with potential to move higher if it breaks $0.60 resistance.
🔷 BTC Dominance as a Shift Indicator
With #Bitcoin's dominance at 60%, analysts like Benjamin Cowen suggest it could signal a shift toward altcoins for higher returns.
🔷 Historical Cycle Patterns
Past cycles show altcoin gains often peak in November, with potential pullbacks in December. Monitoring $ETH /$BTC could provide clues on the alt market’s next move.
🔷 Factors to Watch
While altcoins are surging, regulatory and macroeconomic shifts could impact market stability. Keep an eye on key support/resistance levels for ETH, DOGE, and XRP, as well as overall BTC dominance trends.