Altcoin Analysis

These three altcoins exhibit bullish formations against Bitcoin (BTC) and could outperform it in March 2024.
Even though BTC is quickly increasing toward a new all-time high, the following altcoins have bullish formations against it.

Ethereum (ETH), MultiversX (EGLD), SEI, Astar (ASTR), and DUSK are all altcoins that have interesting developments lined up in March, which could positively affect their price.

Ethereum’s impending Dencun upgrade, scheduled for March 13, has sparked speculation about altcoins.

COTI has seen its value surge significantly during the past week thanks to the notable developments within its ecosystem.
Indeed, COTI experienced a remarkable surge of over 100%, climbing to a peak of $0.21 at the time of reporting.

Discerning the onset of the real altcoin season is akin to predicting the next wave in a tempestuous sea. Yet, certain indicators suggest the market is on the cusp of a significant shift, moving from Bitcoin’s dominance to a broader altcoin season.

Binance Futures is set to introduce the USDC-margined ORDI Perpetual Contract. Scheduled for launch on February 22, 2024, at 07:00 (UTC), this addition aims to elevate the trading experience for ORDI enthusiasts.

Recent whale trading activities surrounding Livepeer (LPT) tokens have attracted significant market attention.
Livepeer, a decentralized live video streaming network protocol, had enjoyed a blistering 140% rally, going as high as $20 over the past week.

A crypto whale wallet 0x4a9, amassed a fortune of $2.15 million from Worldcoin (WLD) within just two days as the price of the token has surged by nearly 25% on Friday.
This swift gain underscores the cryptocurrency market’s potential for rapid wealth accumulation.

SEI and SUI are two top 50 altcoins that reached new all-time highs today.
While SUI has increased parabolically, SEI is struggling to close above the previous all-time high resistance area.

Celestia (TIA), Polkadot (DOT), and Shiba Inu (SHIB) are three altcoins that exhibit bullish signs because of their price action.

These three altcoins exhibit bullish formations against Bitcoin (BTC) and could outperform it in February.
Despite Bitcoin’s (BTC) decrease since January 14, these altcoins display positive price movement.

January was a mixed month for the cryptocurrency market, starting with new all-time highs for many altcoins, which, however, experienced bearish trend reversals in the latter half of the month.