Altcoins are in the opportunity zone per Santiment’s on-chain metrics. Altcoin market capitalization has climbed over 75% in the last twelve months, according to TradingView charts. Analysts predict capital rotation from Bitcoin to altcoins will likely be soon, per historical trends. The top three altcoins in the buy zone are Basic Attention Token , Chromia , and Highstreet , per Santiment.
for assets in the buy zone per Santiment data Altcoins in the accumulation phase The analyst behind the X handle @el_crypto_prof notes that if crypto continues to copy previous cycles, then altcoins have completed only wave 1. Altcoins are in the re-accumulation phase, which is likely to be followed by wave 2. The analyst likely refers to the Elliott Wave Theory, which identifies impulse waves that set up patterns and corrective waves.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
BTC Price Dropping — Who's Actually Selling Bitcoin?Bitcoin ETF flows might not always affect Bitcoin price
Source: Utoday_en - 🏆 295. / 63 Read more »
Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%Bitcoin miners cool BTC withdrawals in June in what analysis says is 'weakening' Bitcoin sell pressure.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »