This Is When ALTCOIN SEASON Really Begins!

It
is
a
moment
of
significant
interest
for
cryptocurrency
enthusiasts
as
the
bull
run
of
2024
continues.
Observers
are
keen
to
pinpoint
the
exact
start
of
the
highly
anticipated
altcoin
season,
a
period
when
alternative
cryptocurrencies
surge
in
value.
This
article
delves
into
the
signs
and
triggers
that
signal
the
commencement
of
this
exciting
phase
in
the
crypto
market,
offering
insights
into
the
timing
and
potential
catalysts
that
precede
a
flourishing
altcoin
ecosystem.

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Solana
Price
Nears
Key
Resistance,
Bulls
Eye
$200

Solana
is
witnessing
a
strong
rise
in
price.
Over
the
past
week,
it
went
up
by
nearly
9%,
and
within
a
month,
it
increased
by
just
over
10%.
Long-term,
the
past
six
months
have
shown
significant
growth,
with
the
price
of
SOL
jumping
more
than
200%.
Currently,
SOL
is
trading
between
$146.59
and
$184.77.
It
is
approaching
a
key
resistance
level
at
$199.54,
with
the
RSI
and
Stochastic
values
suggesting
neither
overbought
nor
oversold
conditions.
The
coin’s
movements
appear
to
be
in
a
growth
phase,
rather
than
correcting.
If
the
momentum
persists,
SOL
could
break
past
the
resistance
and
aim
for
the
$200
mark.

Mantle
(MNT)
Price
Sees
Mixed
Signals
Amid
Market
Moves

Mantle’s
(MNT)
price
is
currently
moving
between
$0.91
and
$0.99.
It
recently
faced
a
minor
rise
with
a
0.80%
increase
in
the
last
week.
However,
looking
at
a
broader
time
frame,
it
has
fallen
18.35%
over
the
past
month.
On
the
positive
side,
the
past
six
months
have
shown
a
significant
surge,
with
a
97.91%
rise.
The
price
seems
to
be
in
a
corrective
phase
right
now,
with
recent
movements
suggesting
a
cooling
down
from
earlier
increases.
The
coin
is
hovering
below
both
the
10-day
and
100-day
simple
moving
averages,
which
were
around
$1.01
to
$1.02,
signifying
that
it
may
struggle
to
regain
higher
prices
short-term.
The
RSI
and
Stochastic
indicate
that
MNT
is
not
in
the
overbought
territory,
which
might
attract
buyers
looking
for
a
potentially
undervalued
entry
point.
The
levels
to
watch
are
$1.05
and
$1.13
for
resistance,
and
$0.88
and
$0.80
for
support.

Ethereum
Price
Analysis:
Bulls
Take
the
Lead

Ethereum’s
price
is
making
strong
moves
as
it
trades
between
$2,894.30
and
$3,215.93
currently.
With
a
significant
24.59%
rise
over
the
past
week
and
an
18.08%
increase
in
the
last
month,
it’s
clear
the
momentum
is
with
buyers.
The
price
has
gone
up
greatly
by
81.59%
over
the
past
six
months,
indicating
a
longer-term
uptrend.
Facing
its
next
challenge,
ETH
approaches
a
resistance
level
at
$3,361.08,
with
potential
to
push
towards
$3,682.72
if
the
bullish
trend
continues.
However,
support
waits
at
$2,717.80
should
the
price
dip,
with
a
further
cushion
at
$2,396.16.
The
RSI
nears
the
middle,
suggesting
some
balance
in
the
current
market
sentiment,
while
the
Stochastic
implies
the
potential
for
an
upcoming
lift
as
it
resides
below
typical
buying
areas.
Current
indicators
and
price
action
suggest
Ethereum
is
in
an
impulsive
phase,
with
the
recent
price
changes
hinting
at
a
strong
upward
trend.

NEAR
Protocol
Price
Movement
and
Future
Outlook

NEAR
has
seen
a
significant
rise
over
the
last
six
months,
jumping
320.17%.
In
the
past
month,
it
grew
by
9.54%,
which
is
a
positive
sign.
However,
it
witnessed
a
slight
dip
of
4.37%
in
the
previous
week.
Currently,
NEAR’s
price
is
moving
within
a
range
of
$6.71
to
$8.68.
The
market
indicators
suggest
that
NEAR
is
neither
in
an
impulsive
nor
corrective
move
currently.
With
a
relatively
stable
moving
average,
NEAR
may
soon
test
the
nearest
resistance
level
at
$9.59.
If
it
can
break
past
this,
the
next
target
could
be
the
$11.56
level.
Support
levels
to
watch
lie
at
$5.65
and
then
at
$3.68
if
a
downward
trend
develops.

Conclusion

Altcoin
season
marks
a
period
of
strong
performance
for
cryptocurrencies
beyond
the
leading
Bitcoin.
Projects
like
SOL,
MNT,
ETH,
and
NEAR
might
not
offer
the
best
short-term
potential
in
comparison
to
others.
Among
these,
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concept
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its
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ecosystem.
This
particular
project
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seen
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highest
potential,
making
it
a
noteworthy
option
for
those
interested
in
the
current
bull
run.

Site:


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