Cardano

Solana

when

Coin

<ul class="news-points"> 
 <li>If Bitcoin’s dominance drops, bulls might push ETH’s price above $3,000.</li> 
 <li>ADA could head toward $0.90 if bulls successfully break the $0.63 resistance.</li> 
 <li>The analyst noted that the recent ADA and ETH rallies are only a little of what could come.</li> 
</ul> 
Dan Gambardello, a crypto analyst, has revealed that <a href="https://coinedition.com/cardano-price-prediction-will-ada-climb-to-3-again/">Cardano (ADA)</a> and <a href="https://coinedition.com/ethereum-eth-price-prediction/">Ethereum (ETH)</a> would trigger a full-blown altcoin season as soon as Bitcoin (BTC) dominance falls. Gambardello based his <a href="https://twitter.com/cryptorecruitr/status/1759745454546276709" target="_blank" rel="nofollow">thesis</a> on previous cycles where both cryptocurrencies registered notable increases before other altcoins joined the climb. 
According to the crypto analyst, ETH would soon start outperforming BTC. He noted that when this happens, ADA would join before tokens like Ripple (XRP) and Solana (SOL) move. However, the analyst noted that Bitcoin has not yet slowed down its dominance. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="1034" height="382" src="https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView.png" alt="" class="wp-image-375241" srcset="https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView.png 1034w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-300x111.png 300w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-1024x378.png 1024w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-380x140.png 380w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-768x284.png 768w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-159x59.png 159w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-795x294.png 795w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-440x163.png 440w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-414x153.png 414w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-326x120.png 326w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-377x139.png 377w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-123x45.png 123w, https://coinedition.com/wp-content/uploads/2024/02/Bitcoin-Dominance-Chart-Source-TradingView-129x48.png 129w" sizes="(max-width: 1034px) 100vw, 1034px">
 </figure>
</div> 
Bitcoin Dominance Chart (Source: <a href="https://www.tradingview.com/x/IStx1llr/" target="_blank" rel="nofollow">TradingView</a>) 
As such, the significant price increase ETH and ADA had recently was not confirmation that the altcoin season was here. At press time, ADA changed hands at $0.62, representing a 19.75% jump in the last 30 days. 
ETH, on the other hand, has gotten close to $3,000. Recently, Bitcoin’s dominance hit 5…
The post <a href="https://coinedition.com/ada-eth-signal-potential-altcoin-season-what-investors-need-to-know/">ADA, ETH Signal Potential Altcoin Season: What Investors Need to Know</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ADA, ETH Signal Potential Altcoin Season: What Investors Need to Know

Coin Edition

2024년 2월 20일에 게재된 다른 기사

uLesson slashes subscription prices by 50% to help Nigerians cushion against economic hardship

Institutional Cryptocurrency Investment

Bitcoin Price Fluctuations and Starknet’s STRK Coin Hits the Market

Bankrupt Hong Kong Crypto Exchange Maneuvers Funds Suspected to Bypass AML Measures

Industry Insider Explains Why Whales are Ditching Cardano (ADA) for Algotech (ALGT)

Alert for Celestia (TIA) Investors: Potential Price Movements to Watch

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!