Now Is the ‘Best’ Time to Stack Altcoins Because This is the Last ‘Dip’: Analysts Issue Warning

Altcoins are confusing analysts and investors, showing unclear trends. However, some analysts see potential in 2024.

Analyst Moustache is optimistic, noting current chart patterns resemble those from 2020 and 2017. He points to the 2-week Gaussian Channel turning green as a bullish sign and advises against being swayed by short-term fluctuations.

Wolf of Defi highlighted RUNE’s past performance, moving from $0.8 to $11 in seven months, and believes its fundamentals remain strong. He expects altcoins, especially RUNE, to perform well soon.

Michael Van De Poppe advised against selling altcoins now, predicting that holding for the next 3-6 months will be rewarding.

Virtual Bacon suggested altcoins might be near their bottom and recommended buying now for those looking to enter the market.

Poseidon noted Bitcoin's dominance respecting the weekly ema21. If it dips below this trend and the 53.5% support/resistance level, altcoins could see significant gains.

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