Analysts predict a significant surge if resistance levels are broken.Over the past two weeks, the collective market capitalization of these alternative cryptocurrencies has surged by more than 10%, climbing from just under $1 trillion to a robust $1.1 trillion.
This pattern, noted for its reliability in predicting bullish reversals, suggests that if altcoins can decisively break through this formation, there could be substantial market gains.Such a move could validate the bullish sentiment permeating the market and possibly trigger a new altseason—a period marked by rapid price increases across altcoins.these sentiments, suggesting an “insane pump” in altcoin prices if the market can surpass the looming weekly resistance.
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