Analyst highlights a supertrend flipping bullish signaling the countdown to altseason.
The New Year, as expected ushers in altseason, allowing many altcoins to go bullish.
Ripple’s XRP could pump 33% to hit new ATHs very soon.
Bitcoin has reclaimed the $98,000 level, demonstrating resilience after a steep decline and an extended period of consolidation in the lower $90,000 range. Just over two weeks ago, BTC reached a record high of $108,268.45 but has seen a steady fall followed by a slow sideways movement leading to a fall in Bitcoin Dominance.
While analysts patiently await Bitcoin’s recovery, many have shifted sights to altcoins as more and more altcoins show heavily bullish indicators hinting at significant gains in the coming days ahead. So far, some altcoins like SUI have already set multiple new ATHs and continue to hint at greater pumps in the months ahead.
Countdown to Altseason Begins
https://twitter.com/Washigorira/status/1875590893497152001
This matches the many bullish expectations analysts had for altcoins in Q1 of 2025. This phase is expected to usher in the long-awaited and highly-anticipated bullish altseason wave. Historically, altseason’s most bullish phase has arrived in Q1 following a Bitcoin Halving year and analysts expect the same scenario to be playing out now. As we can see from the post above, the countdown to altseason has begun.
XRP Set to Sere New ATHs After 33% Pump
https://twitter.com/JavonTM1/status/1875563460605702321
Supporting this expectation are the actions of altcoins themselves. So far, many altcoins are printing incredibly bullish indicators hinting at remarkable gains to come in the weeks ahead. As we can see from the post above, one such bullish altcoin is Ripple’s XRP. The altcoin prints a Hidden Bull Divergence pattern and is repairing to enter a major upside move. He concludes by expecting new ATHs for XRP starting with a pump of over 33% soon.
The post Supertrend Flips Bullish as New Year Begins, Countdown to Altseason Sets Off, Bullish Gains Ahead appeared first on Crypto News Land.