Bitcoin having reclaimed its 6-digit price targets ignites altcoin expectations.
Decentraliand’s MANA is expected to hit $20 - $30 as cycle top price.
Render Network’s RENDER shows signs of setting a new ATH at $15 very soon.
Bitcoin’s latest rally took the pioneer crypto asset to its 6-digit price height. Presently, the price of BTC stands at the $101,500 price mark sparking renewed optimism amongst the global crypto community. In response, the Crypto Greed & Fear Index hit a score of 78 marking an ‘Extreme Greed’ sentiment.
Analysts expect the price of BTC to continue its steady rally until it hits its previous ATH price at $108,268.45 to climb further up. These next BTC ATH targets are set at $113,000 to $116,000 which will later take BTC price to the $200,000 price range. This bullish crypto sentiment is slowly spreading to the altcoin sector as well.
In detail, Q1 of 2025 is expected to see the arrival of the most bullish phase of the bull cycle’s altseason. Historically, this phase has always arrived in Q1 of the year following a Bitcoin Halving year. As the same scenario plays out, multiple altcoins are showing highly bullish indicators signaling major pumps ahead.
Altcoin MANA Sets Cycle Top Target Between $20 - $30
https://twitter.com/JavonTM1/status/1876428978963304847
To highlight, one such asset is MANA. As we can see from the post above, Decetraland’s MANA is printing a similar price chart to that of the previous bull run. If this same pattern plays out accordingly, then MANA price is likely to set a new ATH this bull cycle. The analyst even goes on to say that MANA could hit a cycle top of $20 - $30 this altseason.
RENDER Steps Closer to New ATH of $15
https://twitter.com/JavonTM1/status/1876425983169032510
Similarly, another popular crypto asset that could print incredibly high gains this bull season is Render Network’s RENDER, a ticker that was once recognized as RNDR. As we can see from the post above, RENDER price is steadily moving to hit its next trend target which this analyst sets to be at $15.33.
The post $30 MANA and $15 RENDER ATH Targets Expected This Altseason as Analyst Reveals Bullish Indicators appeared first on Crypto News Land.
