Altcoin VELO prepares for 260% to remain $0.048 price level.
Following this, VELO could surge to hit much higher targets.
Altseason peak phase inches closer igniting altcoin pump expectations.
Altcoin pump expectations grow stronger by the day, and several altcoins are showing strong signals for exponential price pumps in the coming days ahead, when altseason is expected to make its debut. To highlight, altcoin VELO prepares for 260% pump to reclaim the $0.048 price level before heading towards much higher targets in the upcoming altseason peak phase of the ongoing bull cycle.
VELO Prepares for 260% Pump
This bull cycle’s altseason seems to have been delayed due to multiple reasons. Initially, this cycle’s altseason peak phase was expected to arrive in Q1 of 2025. Traditionally, every Q1 following a Bitcoin Halving year had always ushered in that bull cycle’s altseason peak phase, leading to several promising altcoins setting a string of new ATHs following a significant price pump for BTC.
However, this bull cycle seems to have taken a different turn. Instead of Q1 of 2025 ushering altseason peak, it led to a prolonged correction phase, which took BTC prices from the $90,000 to the $70,000 price range. Only in Q2 2025 did BTC start to pump again until it eventually went on to hit a new ATH at the $111,000 price range. During the dip, the price of ETH bottomed at $1,700.
Altseason Expectations Spur VELO Pump
Alongside BTC’s recovery, the price of ETH pumped in a matter of days to the $2,000 price range, and in an even shorter time, went on to reclaim the $2,700 price mark. Now, analysts expect ETH price to reclaim $3,500 before rocketing up to reclaim its previous ATH price in the $4,800 price range. Since altseason was delayed, several analysts stated that altseason will arrive only after ETH price begins to pump and set a new ATH of its own.
https://twitter.com/el_crypto_prof/status/1931792999941337156
Now, it seems that ETH is doing just that, working its way up towards setting new ATH targets in the coming days ahead. As we can see from the post above, this move is supporting a strong altseason arrival in the months ahead. The analyst in the post highlights the similarities between altseason and the previous two altseasons from the last two cycles. He concludes that if history does not repeat, it will rhyme, meaning new ATHs are certainly on the horizon for several popular altcoins.
https://twitter.com/JavonTM1/status/1931854326735188140
One of the many altcoins expected to make a spectacular run this bull cycle is VELO. As the post above depicts, this reputed analyst states that VELO is preparing to bounce off support and head into a pump of over 260% to reclaim the price level of $0.048 before surging to hit much higher targets in the coming days ahead. According to CoinMarketCap analytics, the price of VELO is sitting at $0.013 at the moment.
