The latest on the altcoin bull: “It won’t end yet”
Crypto analysts think that the altcoin rally is just at the beginning of the road and that the rises will continue.
The uptrend continues in the crypto market. After the sensational rises of $XLM and $XRP , it is the turn of major altcoins. #Vechain ($VET ), #IOTA (IOTA), Hedera (HBAR) and Ondo (ONDO) have increased by over 40 percent in the last 24 hours.
The potential selling point has become a matter of curiosity in altcoins that have been on the rise since November. Crypto analysts think that the uptrend has not yet reached its peak.
MN Consultancy founder Michael van de Poppe made a post that excited his followers on X. Poppe stated that the “Bitcoin Bull-Bear Market Cycle” chart has a great look. Crypto analyst Mikybull Crypto also made a striking post about the altcoin bull.
Analyst Michael van de Poppe shared CryptoQuant's "Bitcoin Bull-Bear Market Cycle" indicator. Poppe emphasized that the indicator in question indicates a potential rally.
According to Poppe, the bull cycle that started with Bitcoin has evolved into a new dimension. XRP's sensational rally shifted the bull cycle to altcoins.
Poppe, who said, "We've just started," used the following statements; "This bull market is far from over. It started recently and XRP fueled the bull. I expect similar increases to occur in altcoins."
The analyst predicted that the value of the crypto market will increase 10 times next year. The chart shared by Mikybull Crypto was highly appreciated.