Altcoins Breakout Is Imminent, Analyst Says
cryptogazette.com
Bitcoin has been consolidating above $9,000 for almost two months now and the digital asset did not any spectacular price moves lately. Crypto strategist Nicholas Merten said that altcoins are poised to rise up against Bitcoin as large-market cap coins such as Ethereum (ETH), XRP, and Litecoin (LTC) are starting to show signs of strength in their BTC pairs.
During the latest episode of DataDash, Merten analyzes Ethereum and sees the coin printing some strong bullish signals against BTC. Regarding XRP, he believes that the coin will be facing more price drops in the short term but he’s expecting it to see a parabolic rise against BTC after completing a bullish pattern.
Read in Full: cryptogazette.com
