$XRP

Ethereum (ETH) price is in a breakout zone, igniting market commentators toward an altcoin season. The growing debate lies in the previous month’s analysis of a specific asset-based altcoin season amid rising Bitcoin prices. The leading altcoin has recorded a 20% daily jump, spearheading other assets to monthly highs. However, some crypto analysts don’t see sustainability for a full-swing alt dominance. 

Is The Altcoin Season Here?

A cross-section of the digital asset community has tipped a larger rally in altcoin prices, suggesting a strong dominance in the coming week. This bullish projection will start with a surge in Ethereum’s price over the $2.5k mark. With a rise in altcoin prices, crypto enthusiasts have explained the chances of an altseason this cycle.