• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analyst Firm Alphractal Forecasts Altcoin Stabilization and Potential Bitcoin Outperformance

user avatar

by Giorgi Kostiuk

3 months ago


The company Alphractal analyzed current market trends, suggesting that altcoins might soon stabilize and outperform Bitcoin in the short term.

Current Market Trends

The analytics firm Alphractal noted that despite Bitcoin's sharp recovery over the past 24 hours—rising from $89,000 to $97,000—altcoins are currently in a phase of steeper declines. However, similar to previous cycles, altcoins begin to recover some time after Bitcoin's recovery.

Prospects for Altcoins

Data from the Altcoin Seasonality Index indicates that the cryptocurrency market has entered a phase where altcoins could begin to show growth. Alphractal emphasized that with the stabilization of altcoins, traders will be able to take advantage of the favorable conditions.

Limitations and Opportunities

Despite positive forecasts, Alphractal cautioned against premature expectations for a long-term increase. According to the company, the current situation resembles more of a short-term recovery, providing opportunities for scalping and swing trading.

Altcoins may soon stabilize and outperform Bitcoin, providing favorable conditions for traders.

Alphractal emphasizes the short-term potential of altcoins while advising caution and against drawing hasty conclusions about the start of a long-term growth phase.

0

Share

Other news

Michael Saylor: BlackRock IBIT Could Become the Largest ETF in the World

Michael Saylor predicts BlackRock's Bitcoin ETF will rank first among ETFs within ten years.

user avatarGiorgi Kostiuk

a few seconds ago

DeFi Development Corp Plans to Raise $1 Billion for Solana Token Purchases

DeFi Development Corp files with SEC to raise $1 billion targeting an increase in its Solana token holdings.

user avatarGiorgi Kostiuk

a minute ago

Raphael Coin Unveils Tokenized Renaissance Piece: A New Era for Art

Raphael Coin has launched the token 'Recto: Study for the Battle of the Milvian Bridge', offering fractional ownership of a Renaissance artwork.

user avatarGiorgi Kostiuk

a minute ago

MAGACOINFINANCE: New Opportunities and Growth Predictions

Analysis of the growing interest in MAGACOINFINANCE and the opportunities it offers against other cryptocurrencies.

user avatarGiorgi Kostiuk

3 minutes ago

Altcoin Market Overview: Shiba Inu, Hedera, and Emerging Player Web3 ai

Examining the current state of Shiba Inu and Hedera altcoins, along with the prospects of Web3 ai amidst market changes.

user avatarGiorgi Kostiuk

36 minutes ago

Troller Cat: A New Hope in the Meme Coin Market

Troller Cat may become the next successful meme coin amid the growing popularity of meme culture in the crypto industry.

user avatarGiorgi Kostiuk

37 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.