These indicators indicate a momentum for altcoins!

The context: after several weeks of movement overall down on the entire crypto market, the community wonders when altcoins will once again display a resolutely upward trend. When altcoins surpass Bitcoin’s performance over time, we talk about “Altcoins Season”. Bitcoin Season soon finished? Bitcoin Season was beautiful… for Bitcoin but the same cannot be said for altcoins. If the latter experienced good times, they also experienced serious difficulties afterwards. However, the end of this era could very quickly happen with indications that seem to point in favor of an Altcoin Season. This is at least the opinion shared by Titan of Crypto, an analyst who is still growing firmly in an alarm clock against Bitcoin. The analyst even announces the end of the Bitcoin Season which will therefore have led the BTC close to $ 110,000 at the moment. Source: X. For such conclusion, Titan of Crypto is based on the Altcoin Season Index offered by Blockchaincenter. The latter fell up to 18 on March 12, when the Crypto market was increasingly sank. From now on, he has undertaken a movement up, with a value that is 29 at the time of writing. According to the indicator, the Bitcoin Season ends when the value of the index exceeds 25. On the other hand, the Altcoin Season starts when a value of 75 is exceeded. Obviously, a push from the 25 to a higher level shares a favorable momentum for altcoins. Even if the analyst’s announcement is positive, it is still necessary to hope for a confirmation over time in order to ensure an effective reversal of situation. Countdown before flight? By focusing on technical analysis, the observation made by Titan of Crypto is strongly similar. Indeed, since the latter believes that the consolidation of altcoins seems to be ending and therefore that the return of the toque increase to the door. With the formation of a cup graphic configuration with Hanse, the market cap of cryptocurrencies (Bitcoin and Ethereum excluded) would have retested its neckline and could therefore soon leave. Source: X. Obviously, the movement would be bullish, since the Market Cap des Altcoins has triumphantly emerged from its cup graphical configuration with Anse previously. Reading the neck line would therefore allow altcoins to start from the front. The price objective is also impressive, with an expected gain from hundreds of billions of dollars of market cap. If some investors have truncated the Bullish cape for the Bearish cape, this is not the case with Titan of Crypto. Morality of history: the daring are often rewarded but patients too! Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.

Credit-Read More

// Function to fetch the latest posts
function fetchLatestPosts() {
const feedUrl = ‘https://newskiosk.pro/feed/’; // Replace with your blog’s RSS feed URL
fetch(feedUrl)
.then(response => response.text())
.then(str => new window.DOMParser().parseFromString(str, “text/xml”))
.then(data => {
const items = Array.from(data.querySelectorAll(“item”));
const latestPostsContainer = document.getElementById(“latest-posts”);
latestPostsContainer.innerHTML = ”; // Clear previous posts

// Shuffle the items array
const shuffledItems = items.sort(() => Math.random() – 0.5);

// Select the first 5 items from the shuffled array
const selectedItems = shuffledItems.slice(0, 5);

// Loop through the selected items and display them
selectedItems.forEach(post => {
const link = post.querySelector(“link”).textContent;
const description = post.querySelector(“description”).textContent;

// Create a new post element
const postElement = document.createElement(“div”);
postElement.classList.add(“latest-post”);
postElement.innerHTML = `

${description} Read more

`;

// Append the new post element to the container
latestPostsContainer.appendChild(postElement);
});
})
.catch(error => console.error(‘Error fetching the latest posts:’, error));
}

// Call the function to fetch and display the latest posts
fetchLatestPosts();