ETH closer to BTC. Altseason?

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Avatar for Cryptopeach
2 years ago

Hello,

The past two day ETH has outperformed BTC and is setting all time highs multiple times a day.

What does this mean for the crypto market?

In a normal situation this can indicate an Altseason, money from BTC is probably going to ETH and in the same way can start to go to other altcoins.

The price of some coins are so high right now that may seem they won't go any higher, but believe me they do.

Cardano, Polkadot, Chainlink and BNB may soon start a rally. Cardano's price has been steady for a couple of weeks, Polkadot the same as Cardano, Chainlink may go to new highs with Chainlink 2.0 (if it's a success).

Behind these you still have BCH, LTC, XLM, XRP... The first three may go even higher and can start a rally any day. XLM is also on the run for a better price, it's rival XRP has gained a lot of momentum and XLM doesn't want to stay behind. XRP in my opinion is a overpriced coin, the fundamentals are very bad for the crypto community.

Honorable mention to Vertcoin (VTC), has beaten 1$ and 2$, finding a place on 1.20-1.50$. Special attention for the fundrising that is 60% complete to be listed on Changelly, that can pump the price a lot and after Changelly Vertcoin will have a lot of attention from other exchanges.

Another honorable mention to Banano that has the kindest community in crypto world and is on 0.015$ more or less. A meme coin with no fees that can explode anytime, a new listing on a big or medium exchange can send it to the moon.

The crypto market is doing great things and the set up for another rally is done.

Best Regards,

Cryptopeach

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