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Altcoins Set for Big Moves: Top Analyst Predicts Major Volatility Ahead?

DATE POSTED:September 19, 2024
 Top Analyst Predicts Major Volatility Ahead?

The post Altcoins Set for Big Moves: Top Analyst Predicts Major Volatility Ahead? appeared first on Coinpedia Fintech News

Popular crypto analyst Moustache, the altcoin market may soon experience significant volatility. His recent analysis suggests that altcoins could see an explosive move, deviating from the current sideways trend. Drawing comparisons to the bull runs of 2017 and 2021, Moustache suggests that a significant change in the market is approaching. What exactly could this mean for altcoin investors? Could we be on the verge of a bull run similar to past years?

Moustache Expects Big Altcoin Movement

In his latest tweet, Moustache expressed his belief that the altcoin market, represented by TOTAL2, is on the verge of massive volatility. TOTAL2 tracks the total market cap of all cryptocurrencies excluding Bitcoin, and any significant movement in this index could have far-reaching implications for altcoin prices. 

#Altcoins

I think we'll soon see massive MASSIVE volatility for TOTAL2/Altcoins.

Don't forget that this market can also do something completely different than just move sideways (see 2017, 2021).

Fractal which I posted weeks ago is ready to take off to the upside imo. pic.twitter.com/2zQtZelC83