$XRP Altcoin season might be on the horizon, according to some crypto enthusiasts. Here's what's happening ¹ ² ³:

- *Market Setup*: A 7-year trendline is holding strong, and a 4-year resistance is about to break. If this resistance cracks, altcoin season could go full throttle.

- *Chart Patterns*: The crypto total market cap is flashing a familiar pattern, similar to 2020. A breakout from a multi-month downtrend, followed by a retest of the previous resistance zone, could trigger an explosive bull run.

- *Key Indicators*:

- *ETH/BTC Ratio*: A bounce could signal altcoin strength.

- *Layer 1 & Layer 2 Tokens*: Historically, these tokens lead early in altcoin runs.

- *Volume Confirmation*: Watch for volume spikes near support zones.

- *Top Gainers*: Some altcoins are already showing promise, like ⁴:

- *$WIF* (+42%): A dog-themed token on Solana.

- *$ONDO* (+38%): Focused on real-world assets.

- *$PEPE* (+29%): A popular meme coin.

Keep in mind that the current market sentiment is mixed, and some indicators suggest it's still Bitcoin season. To determine if altcoin season is truly loading, monitor the CMC Altcoin Season Index, which tracks the performance of top 100 altcoins relative to Bitcoin ⁵.