“Altcoin bull will continue until this date!”

Crypto analysts predict that altcoins will continue to rally until January 20, and XRP will be the star of the rally.

Experts stated that Bitcoin dominance, which has fallen by nearly 7 percent, indicates an altcoin rally. According to analysts, major altcoins such as Ether ($ETH ) and $XRP will continue to rise until January 20, 2025, when Trump officially becomes the president of the United States. January 20 will also be the last day of SEC Chairman Garry Gensler.

Bitcoin’s market dominance draws attention as a data closely followed by altcoin investors. The data in question was at 61.85 percent on November 22, but fell to 57.50 percent during the day.

Popular crypto analyst Mikybull Crypto drew attention to the decline in Bitcoin dominance below its two-year support line in an X post published on November 30. The analyst emphasized that the dominance, which fell to 56.1 percent, indicates an “official altcoin season.”

The decline in Bitcoin dominance shows that investors are making profits from their $BTC positions and directing these profits to altcoins.

Ether (ETH), the pioneer of altcoins, is shown as one of the mainstays of the rally. Spot ETH ETFs traded in the US recorded a net inflow of $332.9 million the other day. ETH rose to $3,700 with increasing institutional demand. Analysts think that ETH will exceed $4,000 by January 20.

According to analysts, XRP will be the star of the altcoin rise that will continue until January 20.

Analysts claim that the XRP price will reach $2.57 in December, and the world’s sixth-largest cryptocurrency will exploit Bitcoin’s dominance.

Ryan Lee, chief analyst at Bitget Research, predicted that the XRP price will rise by 30 percent by the end of 2024. The analyst told Cointelegraph;

“XRP is estimated to reach around $2.57 in December. In particular, XRP’s price action could be affected by Bitcoin’s halving cycle. Historically, XRP has shown significant growth approximately 228 days after Bitcoin’s halving.”