Michael van de Poppe believes the altcoin season is gradually setting in.
There are signs that things can only get better from September for altcoins.
The altcoins market cap is recovering from a recent pullback.
Crypto analyst Michael van de Poppe believes the altcoin season is gradually setting in. In a recent post on X, Van de Poppe noted an increasing bullish momentum in the altcoins market, with most digital assets increasing daily. According to him, there are signs that things can only get better from September, as far as the altcoins are concerned.
Feels strange, right?#Altcoins going up day after day.
Some particular ones are doing great, through which we're starting to show some momentum.
I don't believe September is going to be worse, I think we'll gradually accelerate upwards from here.
— Michaël van de Poppe (@CryptoMichNL) September 12, 2024
Read also: Key Altcoins Signal Potential Undervaluation: LDO, NEXO, SUI, JUP, and OND
This positive outlook is backed by the altcoin market cap (TOTAL2) chart, which includes Ethereum. It shows an upward reversal after a pullback in the second half of the year. TradingView data reveals the altcoin …
The post Altcoin Season Dawning? Analyst Sees Bullish Shift appeared first on Coin Edition.
