Could this retracement mark the beginning of altcoin season?
If this retracement is significant and does not break levels, it may instead present an opportunity for altcoins.
From the perspective of others.d, the altcoin season hasn't arrived; it’s just market makers (reluctantly) pushing prices up along with Bitcoin.
Many altcoins have seen price increases far lower than Bitcoin.
Bitcoin has retraced from 90,000 to 85,000 (a 5% decline), while others can drop from 290 billion to 250 billion (a 14% decline).
The real altcoin season is still far from us. Right now, it's only a Bitcoin bull market.
By the way, to criticize the altcoin pumpers and market makers, you guys are really foolish.
4 cryptocurrencies that could explode 10-100 times in the future!
1.FET
Artificial Intelligence Super Alliance (FET) has performed exceptionally in the cryptocurrency market. The token's price is 1.3, rising 7.98% in the past 24 hours. Over the past year, its value has increased by 284%, outperforming 81% of the top 100 cryptocurrencies such as Bitcoin and Ethereum.
Currently, FET's trading price is significantly above its 200-day simple moving average (SMA) of 0.869975, exceeding that benchmark by 80.89%, indicating sustained strong performance. This trend aligns with bullish market sentiment, reflecting strong confidence in the token's potential.
Market indicators, such as the Fear and Greed Index, are currently at 69 (indicating greed), suggesting an optimistic outlook and high liquidity relative to the token's market capitalization. In addition to this financial performance, SingularityNET and the ASI Alliance have made significant progress in artificial general intelligence (AGI) by introducing self-learning prototype AGI within the Minecraft platform.
2.STX
Stacks (STX) is currently priced at 1.97, rising 6.42% in the past 24 hours. The market sentiment surrounding STX is bullish, with a Fear and Greed Index score of 'Greed' at 69. Over the past year, STX has achieved a remarkable 230% growth, outperforming 76% of the top 100 cryptocurrencies like Bitcoin and Ethereum.
This stable performance has resulted in STX's trading price being above its 200-day simple moving average. Additionally, the company benefits from strong liquidity relative to its market capitalization.
The forecast for November suggests that this trend may continue, with prices potentially rising to around 2.31. Predictions indicate that, influenced by recent market momentum, the price range will be between 2.20 and 2.38. If prices fluctuate within this range, investors who buy at the current price can expect a 9.28% return on investment (ROI).
3.SOL
Solana (SOL) is currently trading at 209, having significantly risen by 7.39% in the past 24 hours. Meanwhile, the 24-hour trading volume has also surged to 22.12 billion, with a market capitalization of 104.56 billion, accounting for 3.45% of the entire cryptocurrency market. Over the past year, Solana has risen by 281%, outperforming 81% of the top 100 cryptocurrencies. During this period, its performance has also been stronger than that of Bitcoin and Ethereum.
Currently, SOL's trading price is 49.80% higher than its 200-day simple moving average (SMA) of 148.94, indicating an upward trend. The asset has shown sustained strength, with 19 out of the past 30 trading days trending upward.
High liquidity combined with positive price movements indicates stability and investor confidence. SOL's positioning is close to its cycle peak, further supporting its strong market behavior.
4.PEPE
Pepe (PEPE) has performed strongly across major rankings, becoming one of the leading meme coins. According to CoinMarketCap data, PEPE's price has increased by over 10% in the past week. Additionally, PEPE's market capitalization rose from 3.9 billion to 4.4 billion dollars, reflecting growing interest.
The recent surge is partly attributed to Donald Trump's presidential election campaign, while Robinhood listing PEPE on its European platform further provided support. This listing allows users to earn PEPE rewards and receive a 1% deposit bonus. Analysts remain optimistic about PEPE, with some predicting a strong upward trend based on technical indicators and market sentiment.
According to TradingView data, PEPE's trading price is above its 10-day EMA of 0.0000092 and 30-day EMA of 0.0000093, indicating it continues to maintain an upward momentum. Its momentum indicator is in the buy zone, suggesting a potential bullish trend may develop. Investors are closely watching PEPE's movement as it approaches previous resistance levels, with many expecting it to break through.
In the past week, PEPE has shown significant upward momentum, with the latest price at 0.00001263, rising 5.15% on the day. However, there remains some volatility, with a daily low of 0.00001148 and a daily high of 0.00001309.
Furthermore, PEPE's whale activity has surged, with over 244 trades involving amounts exceeding 100,000 dollars. The increase in whale interest coincides with the rise in PEPE's price, signaling further strengthening of market momentum. The increase in trading volume may attract more investors, potentially intensifying PEPE's market volatility.
