Altcoins season is coming😍
Pixabay
Hello everyone.....
I hope you guys are fine and doing great in your life....
As I mentioned in my previous post, due to some reasons, I was not able to be regular here, but I have been keeping an eye on the happenings in the market. I thought of making posts on market updates several times but couldn't find the time. Anyway, the market has been showing a tremendous bullish trend in recent days, with Bitcoin breaking the $30k level, and while writing this post, Ethereum has also touched its 2010 high.although the Shanghai upgrade did not have any significant impact on Ethereum.by crossing the $2k level, Ethereum has put a stop to all the efforts of negativity surrounding it.
Although there hasn't been a significant difference in the prices of altcoins despite the impressive surge in Bitcoin and Ethereum, looking at the chart analysis suggests that it might be time for altcoins to shine. This presents an excellent opportunity to make money, as several altcoins have reached their breakout levels, and Ethereum has shown a good rally. Bitcoin has also strengthened its position around the $30k level. Therefore, there is a lot of hope that there will be a downpour of money in altcoins from here onwards. Although Bitcoin dominance has tested its important resistance level at 49 and is now slowly retracing, it shouldn't be a concern. It is possible that a minor pullback might occur in btc after this, which could prove to be a good thing for altcoins as whenever Bitcoin dominance has tested its resistance level in the past, altcoins have experienced a significant pump.
Assuming everything goes well, altcoins are likely to make people wealthy. Here are some altcoins that have caught my eye: OCEANUSDT, GRTUSDT, FETUSDT, APTUSDT, AGIXUSDT, BDPUSDT, VATUSDT, ENJUSDT, CQTUSDT, and DOGEUSDT. Additionally, I am interested in Hive and expect it to have a good pump soon. I believe it is also necessary to keep an eye on small tokens such as Shiba Inu and Floki Inu.
I am also excited about the developments in AI tokens and hope to see a significant rise in them in the future as well. Recently, ChainGPT Coin launched, which is an excellent example of the potential of AI tokens to provide significant returns.
At the end, I hope that altcoins will experience a surge soon, and people will make a lot of money in this rally.
Thank you🤗
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