Analysts recognize a possible early start to altseason.
Multiple altcoins show strong bullish indicators despite early pump.
Altcoin Stellar Lumens’ XLM prepares for another bullish pump.
As Bitcoin (BTC) closed another bullish month in Q4, this leaves only 1 month for BTC price to hit $100,000 and surpass it this year. As analysts remain as bullish as ever over BTC setting a 6-digit ATH in this month of December, several altcoins have been showing highly bullish signs as well.
While some altcoins like XRP, VET, VTO, and ADA have already begun to pump, many other altcoins are showing strong indicators for the coming months ahead. The altcoins mentioned above have already pumped between 50% to 200% and are still showing strong indicators for major pumps ahead.
Has Altseason Already Begun
Presently, many analysts are debating over a possible earlier start for altseason. So far, analysts were certain that altseason would begin in Q1 of 2025. However, given the current pumps being set by many popular altcoins, analysts are beginning to wonder if the starting phase of altseason has already arrived.
https://twitter.com/drprofitcrypto/status/1863191662731686080 XLM Prepares for Another Massive Upsurge
As we can see in the post above, this analyst says that the altcoin market cap has pumped 97% since June. The altcoin total market cap has almost hit $1 trillion making it an incredibly bullish space. Top analysts expect massive waves ahead for not just high-cap altcoins but much higher pumps indeed from mid and low-cap altcoins.
https://twitter.com/JavonTM1/status/1863372207071641872
One altcoin that has stolen the spotlight is Stellar Lumens XLM. This altcoin, according to CoinMarketCap analytics has pumped by over 450% in the last 30 days and is standing at a price of $0.5178 with a total market cap of $15,576,716,764.42 and a 24-hour trading volume of $3,974,393,261.49. The analyst in the post above expects another pump to $1.20 and above.
The post Analysts Mark a Possible Early Altseason Start as XLM Price Prepares for Another Major Price Pump appeared first on Crypto News Land.
