{"id":678196,"date":"2025-01-18T06:30:26","date_gmt":"2025-01-18T06:30:26","guid":{"rendered":"https:\/\/uniquehot.com\/?p=678196"},"modified":"2025-01-17T19:47:13","modified_gmt":"2025-01-17T19:47:13","slug":"altcoins-about-to-take-off-analyst-says-the-final-shakeout-is-over","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/altcoins-about-to-take-off-analyst-says-the-final-shakeout-is-over\/","title":{"rendered":"Altcoins About To Take Off? Analyst Says The \u2018Final Shakeout\u2019 Is Over"},"content":{"rendered":"

After a red Monday, the crypto market seems to be moving toward a green end of the week, registering an 18.54% increase from this week\u2019s lows. Altcoins have broken out of a bullish formation, fueling investors\u2019 optimism about the upcoming Altseason.<\/p>\n

Related Reading: XRP Hits Seven-Year High After 16% Surge, Is A New ATH Around The Corner?<\/a><\/div>\n

Altcoins Final Shakeout \u2018Completed\u2019<\/h2>\n

On Friday, the crypto market recovered from its recent correction, with Bitcoin (BTC) reclaiming<\/a> the $100,000 mark after days of hovering below this resistance level. Similarly,<\/p>\n

The King of Altcoins, Ethereum (ETH), reclaimed the $3,400 range after dipping below a key support level earlier this week. Other leading altcoins like Solana and XRP have also gained bullish momentum, with the former reclaiming crucial levels and the latter nearing its all-time high (ATH).<\/p>\n

Notably, the total crypto market capitalization, excluding BTC and ETH, surged 4% in the last 24 hours, hitting its highest point since the December retraces.<\/p>\n

Altcoins broke out on a three-year downtrend during the November-December rally, surging to $1.1 trillion, its highest market cap since 2021. However, the sector struggled to record significant gains after the end-of-year corrections, dropping around 25% from the post-election highs.<\/p>\n

Despite the performance, several crypto analysts predicted<\/a> that Alts would see a bullish start to the year. On Monday, Altcoins fell to its lowest price range in weeks, dipping to a $900 billion market cap, but is now retesting last month\u2019s highs.<\/p>\n

Amid the current performance, Titan of Crypto suggests<\/a> that the \u201cfinal shakeout seems completed.\u201d The analyst previously asserted that the \u201cgrand finale\u201d was around the corner, signaling that alts were about to explode.<\/p>\n

Alts Following Q1 2024 Performance?<\/h2>\n

Recently, the analyst pointed out that a golden cross is \u201cimminent\u201d in the Altcoins chart. According to the post, \u201cIt\u2019s only a matter of time before FOMO kicks in,\u201d as 2021\u2019s golden cross, which occurred at the start of that year, kickstarted a massive Altseason<\/a>.<\/p>\n

Titan of Crypto added that early 2025 \u201ccould echo the explosive Altcoins rally of early 2021,\u201d noting that the crypto market\u2019s performance seemed to resemble its performance from four years ago.<\/p>\n

\"altcoins\"
Altcoins could follow 2021’s playbook. Source: Titan of Crypto on X<\/a><\/figcaption><\/figure>\n

Meanwhile, crypto investor Miky Bull noted<\/a> that Altcoins seems to be repeating its Q1 2024 playbook, which could lead to a \u201crally d\u00e9j\u00e0 vu.\u201d<\/p>\n

Per the chart, the sector broke out of a multi-month trendline at the end of 2023 before a brief correction period and retest of the new levels. Then, Altcoins exploded at the beginning of Q1 2024, rallying until March, which is “the cogent reason that this Altseason<\/span> might run till March.”<\/span><\/p>\n

Related Reading: Chainlink \u2018Ready To Breakout\u2019: Analyst Eyes $50 Target Amid Whale Accumulation<\/a><\/div>\n

The investor asserted<\/a> that Altcoins market cap \u201chas just completed its retest Expansion phase in full force loading,” as the crypto market capitalization, excluding the top ten tokens, had broken out of a 42-day accumulation period, which meant that \u201calts rally will follow.\u201d<\/p>\n

Similarly, analyst Jelle highlighted that Alts had formed<\/a> a bullish pennant \u201cright below all-time high resistance,\u201d which could lead to a massive rally once it broke. After the recent surge, Altcoins have broken out of the bullish formation, leaving \u201cprice discovery just inches away.\u201d<\/p>\n

\"altcoins\"
Total crypto market capitalization, excluding BTC and ETH, is at $1.51 trillion. Source: TOTAL2 on TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

After a red Monday, the crypto market seems to be moving toward a green end of the week, registering an 18.54% increase from this week\u2019s lows. Altcoins have broken out of a bullish formation, fueling investors\u2019 optimism about the upcoming Altseason. Related Reading: XRP Hits Seven-Year High After 16% Surge, Is A New ATH Around The Corner? Altcoins Final Shakeout \u2018Completed\u2019 On Friday, the crypto market recovered from its recent correction, with Bitcoin (BTC) reclaiming the $100,000 mark after days of hovering below this resistance level. Similarly, The King of Altcoins, Ethereum (ETH), reclaimed the $3,400 range after dipping below a key support level earlier this week. Other leading altcoins like Solana and XRP have also gained bullish momentum, with the former reclaiming crucial levels and the latter nearing its all-time high (ATH). Notably, the total crypto market capitalization, excluding BTC and ETH, surged 4% in the last 24 hours, hitting its highest point since the December retraces. Altcoins broke out on a three-year downtrend during the November-December rally, surging to $1.1 trillion, its highest market cap since 2021. However, the sector struggled to record significant gains after the end-of-year corrections, dropping around 25% from the post-election highs. Despite the performance, several crypto analysts predicted that Alts would see a bullish start to the year. On Monday, Altcoins fell to its lowest price range in weeks, dipping to a $900 billion market cap, but is now retesting last month\u2019s highs. Amid the current performance, Titan of Crypto suggests that the \u201cfinal shakeout seems completed.\u201d The analyst previously asserted that the \u201cgrand finale\u201d was around the corner, signaling that alts were about to explode. Alts Following Q1 2024 Performance? Recently, the analyst pointed out that a golden cross is \u201cimminent\u201d in the Altcoins chart. According to the post, \u201cIt\u2019s only a matter of time before FOMO kicks in,\u201d as 2021\u2019s golden cross, which occurred at the start of that year, kickstarted a massive Altseason. Titan of Crypto added that early 2025 \u201ccould echo the explosive Altcoins rally of early 2021,\u201d noting that the crypto market\u2019s performance seemed to resemble its performance from four years ago. Meanwhile, crypto investor Miky Bull noted that Altcoins seems to be repeating its Q1 2024 playbook, which could lead to a \u201crally d\u00e9j\u00e0 vu.\u201d Per the chart, the sector broke out of a multi-month trendline at the end of 2023 before a brief correction period and retest of the new levels. Then, Altcoins exploded at the beginning of Q1 2024, rallying until March, which is “the cogent reason that this Altseason might run till March.” Related Reading: Chainlink \u2018Ready To Breakout\u2019: Analyst Eyes $50 Target Amid Whale Accumulation The investor asserted that Altcoins market cap \u201chas just completed its retest Expansion phase in full force loading,” as the crypto market capitalization, excluding the top ten tokens, had broken out of a 42-day accumulation period, which meant that \u201calts rally will follow.\u201d Similarly, analyst Jelle highlighted that Alts had formed a bullish pennant \u201cright below all-time high resistance,\u201d which could lead to a massive rally once it broke. After the recent surge, Altcoins have broken out of the bullish formation, leaving \u201cprice discovery just inches away.\u201d Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":609187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,12917,51066,41995,1119,26263,93942,82779,93291,8323,78803,12837,87827,4531],"class_list":["post-678196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-altcoins-rally","tag-alts","tag-altseason","tag-btc","tag-crypto-analyst","tag-crypto-market-bull-run-2025","tag-crypto-market-cap","tag-crypto-market-correction","tag-eth","tag-ethusdt","tag-sol","tag-total2","tag-xrp"],"acf":[],"yoast_head":"\nAltcoins About To Take Off? 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.\",\"url\":\"https:\/\/uniquehot.com\/author\/rubmargarcia\/\"}]}<\/script>\n","yoast_head_json":{"title":"Altcoins About To Take Off? 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/uniquehot.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Altcoins About To Take Off? 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