Altcoin rally
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Altcoin Season Index Signals SOL and XRP Ready to Outpace Bitcoin
Yahoo Finance· 2026-01-05 15:03
Core Insights - The Altcoin Season Index is nearing 40%, with altcoin market capitalization recovering to $1.3 trillion, suggesting that major altcoins like SOL and XRP may soon outperform Bitcoin regardless of Bitcoin's price direction [1] - Analysts indicate a setup reminiscent of 2019 and 2022, where many altcoins did not reach new lows while the top 10 by market cap faced significant drawdowns [2] - Whales are reportedly shorting Bitcoin while going long on altcoins, contributing to the current altcoin price movements [2] Altcoin Performance - Solana has increased over 8% in the last week, breaking its downtrend, while XRP has surged nearly 14% to reclaim the $2.00 price level, surpassing BNB to become the 4th largest cryptocurrency by market cap [3] - XRP is stabilizing after a prolonged downtrend, showing early signs of base formation, having completed two major historical impulse cycles [3][4] Historical Context and Projections - The historical cycles for XRP occurred in 2014-2015 and 2017-2018, each lasting approximately 49-50 months with clear volume expansion [4] - Current price action for XRP is within a multi-year descending triangle, which appears to be resolving upward, indicating a potential wave (III) to wave (IV) transition rather than a macro top [4] - Projections suggest a wave V expansion for XRP into the $5-$10+ range, contingent on maintaining above long-term structural support [5] Transaction Volume Insights - Solana has significantly outperformed BNB Chain in transaction volume, with approximately 6 times more transactions recorded in 2025 [6]
3 Altcoins That Could Hit All-Time Highs In The Final Week Of November
Yahoo Finance· 2025-11-24 23:00
Core Insights - The crypto market is experiencing a recovery, with Bitcoin reclaiming $85,000 as support, which is positively impacting altcoins and reigniting hopes for a rally and potential all-time highs [1] Altcoin Analysis - **Undead Games (UDS)**: - UDS has surged 9% recently, trading at $2.33, supported by bullish signals from the Ichimoku Cloud, indicating strengthening momentum [2] - UDS is approximately 24.3% away from its all-time high of $2.90, needing to break through resistance zones at $2.48 and $2.59 for further upward movement [3] - **Kite (KITE)**: - KITE is trading at $0.098, about 35% below its all-time high of $0.133, with bulls attempting to establish $0.099 as a support level [4] - The RSI indicates a bullish outlook, remaining above the neutral 50.0 mark, suggesting continued upside potential as long as KITE avoids the overbought zone [4] - **Wefi (WFI)**: - WFI is trading at $2.17, just below its recent all-time high of $2.25, remaining in a tight range as traders look for renewed momentum [6] - WFI is less than 3.7% away from retesting its all-time high, with the Parabolic SAR indicating a clear uptrend and building bullish pressure [6]
Bitcoin Reasserts Dominance Over Ethereum as Trump Trade Spat Escalates
Yahoo Finance· 2025-10-14 21:38
Core Insights - Ethereum experienced a surge against Bitcoin, reaching nearly $5,000 this summer, but Bitcoin regained strength amid renewed economic concerns due to U.S.-China trade tensions [1] - Despite both cryptocurrencies falling in U.S. dollar terms, Bitcoin's value relative to Ethereum increased, with one Bitcoin worth nearly 30 Ethereum [2] - The geopolitical landscape and macroeconomic factors are influencing the performance of cryptocurrencies, with Bitcoin benefiting from a perceived "debasement trade" as investors seek a hedge against currency devaluation [4][5] Market Dynamics - Recent sanctions by China on U.S. components and comments from U.S. Treasury officials about China's economic weakness have contributed to market volatility [3] - The structural narrative for Ethereum remains strong, driven by the rise of regulated stablecoins, tokenization, and institutional adoption of on-chain finance [5] - In April, Bitcoin was valued at over 50 Ethereum, indicating a strong performance against Ethereum during that period, while Bitcoin was seen as a safe haven asset akin to gold [6] Future Outlook - The emergence of Ethereum treasury firms and stablecoin legislation is generating investor excitement, suggesting potential for an altcoin rally in the coming year [7]
X @Ash Crypto
Ash Crypto· 2025-08-19 22:03
Market Trends - Altcoins are currently demonstrating resilience against Bitcoin and Ethereum [1] - The market anticipates an upcoming Altcoin rally [1] Investment Strategy - The report advises investors to maintain patience, suggesting that the reward for their patience is imminent [1]