‘We’ll see a monster move’ in altcoins next week, says expert
2025-07-13 11:39:02
Main Idea
Analysts predict a significant rally in altcoins, led by Ethereum, based on Elliott Wave Theory and market indicators, while Bitcoin dominance shows signs of weakening.
Key Points
1. Henrik Zeberg forecasts a major altcoin rally, citing the development of 'wave III of wave 3 of wave C' in many altcoins.
2. Ethereum (ETH) is showing a breakout, potentially leading gains in the altcoin market, despite a slight recent dip in price.
3. Michaël van de Poppe notes a bearish divergence in Bitcoin dominance, with key support levels around 54% to 55% in focus.
4. Analyst _El_crypto_prof highlights bullish signals in the altcoin market cap (TOTAL3 index), with a weekly MACD bullish cross and a breakout from a descending broadening wedge.
5. A similar breakout pattern in November 2024 led to a strong altcoin rally, suggesting potential for a repeat in July 2025.
Description
Economist Henrik Zeberg has predicted a surge across altcoins in the coming week, citing technical patterns that point to a bullish momentum. It’s worth noting that the cryptocurrency market has been anticipating an altcoin season following sustained Bitcoin ( BTC ) dominance, which culminated in the maiden digital currency trading at a high of $118,000. Zeberg based his projection on the development of “wave III of wave 3 of wave C” in most altcoins, he said in an X post on July 12. I think we ...
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