Analyst Andy Bitcoinsensus, an expert in cryptocurrency trends, has pointed out that several altcoins, particularly low-cap ones, show promising growth. Andy discussed the Bitcoin dominance chart, indicating a potential shift in capital from Bitcoin to altcoins.
He explained that Bitcoin’s dominance shows signs of reaching a critical resistance level, suggesting a possible reversal shortly. This could increase investment in altcoins, driving further rallies in the coming weeks.
Here’s a list of altcoins by the analyst
Phantom: Andy noted Phantom’s impressive performance, having surged by over 70% in just a week since its mention. This remarkable growth explains the coin’s potential and market traction.
Mina Protocol: Another altcoin that garnered Andy’s attention was Mina Protocol, which had also experienced major gains following its mention. Andy pointed out its breakout from a symmetrical triangle pattern, indicating bullish momentum.
UOS: Andy discussed UOS, emphasizing its recent 50% price surge within three days. This showed the coin’s rapid upward trajectory and potential for further growth.
DAG (Constellation): Andy briefly mentioned DAG, also known as Constellation, explaining its impressive performance with over 50% gains. This further showed the overall positive sentiment in the altcoin market.
IOTA: Andy noted another altcoin, IOTA, which had shown signs of strength by testing previous highs and signaling a potential breakout. Its upward movement added to the optimism surrounding altcoins.
Akropolis: Andy conducted a detailed analysis of Acropolis, stressing its low market cap and potential for a breakout. He identified a double bottom pattern, suggesting a forthcoming surge in price.
PRQ: Similarly, Andy analyzed PRQ, highlighting its bullish ascending triangle pattern and potential for a significant price rally. Upon a breakout, he projected a substantial increase of up to 60-70%.
