Great news for altcoin hodlers and traders!
There are serious indications that the Altcoin season is about to start.
If we take a look at the Bitcoin dominance chart, we have a clear MACD divergence on the daily and on lower time frames the chart has made a lower high and just broke and tested short term support.
If the dominance chart closes soon on the daily below 69.10 the altcoin season is good to go.
Of course, the next key question is which altcoin will perform best during the altcoin season? I would reframe the question: which of the major altcoins will outperform Etherum.
DASH seems to be a good candidate as it is heavily oversold and bounced from support on the DASHETH chart.
But, always and forever... think for yourself.
There are serious indications that the Altcoin season is about to start.
If we take a look at the Bitcoin dominance chart, we have a clear MACD divergence on the daily and on lower time frames the chart has made a lower high and just broke and tested short term support.
If the dominance chart closes soon on the daily below 69.10 the altcoin season is good to go.
Of course, the next key question is which altcoin will perform best during the altcoin season? I would reframe the question: which of the major altcoins will outperform Etherum.
DASH seems to be a good candidate as it is heavily oversold and bounced from support on the DASHETH chart.
But, always and forever... think for yourself.