altcoins are currently at the bottom price, of course if you look at the chart altcoins can go parabolic if the altcoin season arrives,
but unfortunately we don't know for sure when it will come because we know the bear market is still not over.
Topic: Altcoins Will Go Parabolic - page 3. (Read 750 times)
Not this year I guess. If something comes up again from the traditional market the crypto market is affected by that too, so it's not all about what is on the chart, the fundamentals are a factor too. My thoughts is that it will be next year or the next, for now happy to collect cheap altcoins in the market.
Will it continue, or is it only temporary. But I believe it's only temporary, not as a sign of a bull market. Nonetheless, it provides an opportunity for short-term profit.
There is little evidence in this chart that such a thing will happen. Anybody can draw lines on a chart and make a bullish prediction. It doesn't mean that it will come true. Altcoins are a big reason why the market crashed so hard and people lost confidence in crypto. Even with all the hype surrounding the merge we are not seeing a positive impact on prices.
This is why even if technical analysis is helpful we need to also look beyond it, it is as if the people that make those predictions cannot see that the world economy is having huge issues with inflation and governments all around the world are raising interest rates, while the market of cryptocurrencies is in the middle of a bear market and people are scared after the crash we went through, so when we take all into account it was very unlikely that altcoins would go parabolic. 
There is little evidence in this chart that such a thing will happen. Anybody can draw lines on a chart and make a bullish prediction. It doesn't mean that it will come true. Altcoins are a big reason why the market crashed so hard and people lost confidence in crypto. Even with all the hype surrounding the merge we are not seeing a positive impact on prices.
I don't think the merging hype alone is enough to affect the price,we need to be patient to wait for the bulls and when it comes then it will have an impact on the price,
there is no other choice but to keep up with the progress
There is little evidence in this chart that such a thing will happen. Anybody can draw lines on a chart and make a bullish prediction. It doesn't mean that it will come true. Altcoins are a big reason why the market crashed so hard and people lost confidence in crypto. Even with all the hype surrounding the merge we are not seeing a positive impact on prices.
It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.
Indeed as even Ethereum the most popular and in demand altcoin that had the merging happened just this recent has nothing to prove now so how come that other altcoins will do better?sorry but I think that altcoins in our days now is going nowhere but another bearish.
Bitcoin even this very moment drops again close to the lowest as it stands 18k the time of typing.
It's probably going to be quite a wild ride in the weeks to come and the bears are going to have a tough time on this one.
Going to be a parabolic by the looks of it
I'm not sure if you are believing this but I know that turning into parabolic is not going this soon. Going to be a parabolic by the looks of it
To be realistic, the chance of these altcoins and tokens going parabolic is more than likely not in the cards. It's very easy to become overly excited about the prospects of these "promising" altcoins and put in money before really researching your choices. That being said, it's also important to realize that Parabolic can often lead up to a massive selloff if the market price does not reflect the promised product.
Altcoins will likely follow the same pattern as bitcoin, at least in the short-term. The only difference is that altcoins have a smaller base of support and are already few in number. Reaching a peak value will be more volatile, but when that time arrives, those who invested before should do just fine. It might be wise to sell some tokens around their peak values and buy more afterwards; this would mitigate the risk of losing everything if you get it wrong. In any case, many altcoins will succeed in some way or another; to miss out on them entirely would be downright foolish.
Altcoins will likely follow the same pattern as bitcoin, at least in the short-term. The only difference is that altcoins have a smaller base of support and are already few in number. Reaching a peak value will be more volatile, but when that time arrives, those who invested before should do just fine. It might be wise to sell some tokens around their peak values and buy more afterwards; this would mitigate the risk of losing everything if you get it wrong. In any case, many altcoins will succeed in some way or another; to miss out on them entirely would be downright foolish.
Today is ETH merge and your point doesn't look like it's happening, all top altcoins are down, why would you think of such when September is one of the most bearish months of all.
supporting this for the common story , market shows bad movement every september so this is not common to expect a good increase this month or even in the next , what we need to see? is that November and December in which mostly the reason why expectations happens that time.The bullish trend will not come this year. it will be coming in the next year. i think this gonna be real for sure.
It's probably going to be quite a wild ride in the weeks to come and the bears are going to have a tough time on this one.
Going to be a parabolic by the looks of it
Going to be a parabolic by the looks of it
https://www.tradingview.com/chart/OTHERS.D/gmmEuOgL-Here-is-Why-Some-Altcoins-Will-Go-Parabolic/
What are your thoughts?
if you look at it, the current crypto market is determined by the price of bitcoin itself, so just focus on the price of bitcoin even though I see the graph it will see the altcoin market recovering, but we are back again on the price of bitcoinWhat are your thoughts?
so with altcoin being Parabolic then you should understand that this will always be depending to how we believe and how we trust our coins either if this is bitcoin or altcoins.
just buy and forget everything for now.
It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.
I'm not sure if there is something to expect for altcoins surging , because look how bad it is? market is in red zone again and all currencies from bitcoin to lowest coin are bloody so how would someone can expect this parabolic when there are no even a sign for an increase.sometimes we need to be realistic and truthful than what we are hearing from msot speculator .
It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.
Some people were speculating that since the ethereum merge was yet to come at the time we may see a surge on the price of altcoins, however we're seeing the opposite, the price of ethereum is crashing and this in return is making the price of altcoins to go down as well, to me this was not unexpected as many people aren't happy with the transition of ethereum which has now become a PoS coin, and if to this we add we're still in the middle of a bear market then it's easy to see how the dreams people had of an upcoming altcoin season didn't get to materialize.
It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.
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The altcoin rally is still quite far but it's a good sign that some altcoins are showing a little pump. I don't think the upcoming Ethereum merge has a huge effect on them.
In bear market, altcoins lose more than 90% of their price from all time high. Effects on altcoins are from Bitcoin, not Ethereum.I also expected ethereum to pull the market up with its biggest event but was a bit disappointed in the end that that didn't happen. As long as bitcoin doesn't go up in price, no coin can appreciate on its own.
Today is ETH merge and your point doesn't look like it's happening, all top altcoins are down, why would you think of such when September is one of the most bearish months of all.
supporting this for the common story , market shows bad movement every september so this is not common to expect a good increase this month or even in the next , what we need to see? is that November and December in which mostly the reason why expectations happens that time.hero member
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Maybe if bitcoin can increase its price to $30k, the altcoins can start to move and at that point, there might be some altcoins that can drastically increase. But we must remember that it's all predictions that we don't know will happen or just cheer us up during this bear market. But I feel that if the price of bitcoin can increase drastically, the movement of altcoins will get crazier and there will be many altcoins that can also increase, especially for altcoins that have not had time to increase in the altcoin season yesterday. Well, we just hope it can happen before the end of the year or at least at the beginning of the year.
Most altcoins rely on the price of Bitcoin and as we could notice, Bitcoin is still at its bearish price. Some altcoins might pump but will still go back to their low price because they follow the status of Bitcoin.
In the past months, altcoins have good rises because Bitcoin after its dump has been in an accumulation time. This accumulation of Bitcoin is a support for altcoins to rise because capital flow needs to change from Bitcoin to altcoins. Because they are not able to get profit in Bitcoin, they must choose altcoins alternatively. Market makers need time to complete their accumulation in Bitcoin. Meanwhile, they decide to pump altcoins. It's how the crypto market and capital flow in crypto market work.Quote
The altcoin rally is still quite far but it's a good sign that some altcoins are showing a little pump. I don't think the upcoming Ethereum merge has a huge effect on them.
In bear market, altcoins lose more than 90% of their price from all time high. Effects on altcoins are from Bitcoin, not Ethereum. The Ethereum merger event may have a major impact on the altcoin market, but I don't expect it to happen unless bitcoin loses market dominance.
The dominance of bitcoin and ethereum now is as follows: BTC: 39.0% ETH: 19.6%, usually bitcoin's takeover of the market is more than 50%, but its decline at the present time may be an indication of the start of altcoin's rise, we have to wait and watch the market with caution because the situation is not stable so far.
As long as bitcoin has not moved higher than the current price, the altcoin market is unlikely to move either because the crypto market still depends on how the bitcoin price will move. The price of bitcoin tends to decrease so that it has a decreasing impact on altcoins, so the impact of the Ethereum merger has not been felt. But if there is a rally in the price of bitcoin, it will be a sign for the altcoin market to start moving, and at that time, the price of Ethereum may start to increase. Yes, we must be more patient at this time because the situation is still unstable, and the market can move anywhere. The dominance of bitcoin and ethereum now is as follows: BTC: 39.0% ETH: 19.6%, usually bitcoin's takeover of the market is more than 50%, but its decline at the present time may be an indication of the start of altcoin's rise, we have to wait and watch the market with caution because the situation is not stable so far.
https://www.tradingview.com/chart/OTHERS.D/gmmEuOgL-Here-is-Why-Some-Altcoins-Will-Go-Parabolic/
What are your thoughts?
if you look at it, the current crypto market is determined by the price of bitcoin itself, so just focus on the price of bitcoin even though I see the graph it will see the altcoin market recovering, but we are back again on the price of bitcoinWhat are your thoughts?
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