{"id":135827,"date":"2024-08-20T09:00:56","date_gmt":"2024-08-20T06:00:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135827"},"modified":"2024-08-20T01:14:28","modified_gmt":"2024-08-19T22:14:28","slug":"crypto-analyst-predicts-upcoming-market-rally-for-altcoins","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-analyst-predicts-upcoming-market-rally-for-altcoins\/","title":{"rendered":"Crypto Analyst Predicts Upcoming Market Rally for Altcoins"},"content":{"rendered":"<p>Capo shared with through <strong><a href=\"https:\/\/t.me\/CryptoCapoTG\" target=\"_blank\" rel=\"nofollow\">Telegram<\/a> <\/strong>that he is closely monitoring SuperRare\u2019s (RARE) native governance token. Capo points out that RARE\u2019s significant increase from last week\u2019s low of $0.0918 to a high of $0.3476 could hint at what lies ahead for altcoins.<\/p>\n<p>Capo observes that the market is experiencing a correction following a bullish trend, reminiscent of the pattern seen between April and July 2021 before further bullish momentum. He notes that some tokens, like RARE, have already broken their downtrend and experienced notable gains.<\/p>\n<p>Capo suggests this could potentially signal a similar trend for the broader altcoin market, though confirmations are still necessary. He bases his outlook on extensive analysis using various methods and data sources, maintaining a belief in a possible market recovery and a bullish rally for altcoins.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/polygon-to-transition-from-matic-to-pol-on-september-4\/\" title=\"Polygon to Transition from MATIC to POL on September 4\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/coin_polygon-hermez-big-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Polygon to Transition from MATIC to POL on September 4<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Analyzing Capo\u2019s charts, it appears he predicts that the OTHERS index, which tracks the market cap of all crypto assets excluding the top 10 digital assets and stablecoins, will continue to rise if it breaks through resistance around $257 billion. Currently, OTHERS is valued at $188.174 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An analyst known for accurately predicting the 2022 crypto collapse suggests that a token which surged nearly 280% last week might indicate future trends in the altcoin market.<\/p>\n","protected":false},"author":3,"featured_media":31150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-135827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Analyst Predicts Upcoming Market Rally for Altcoins<\/title>\n<meta name=\"description\" content=\"An analyst known for accurately predicting the 2022 crypto 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