A super well-known crypto analyst on X has dropped a bomb! 💣 He says that altcoins are about to experience a "parabolic expansion" not seen since late 2020. Imagine, five years in the making for this move! 🤯
According to the expert, the TOTAL3 chart, which measures the value of all cryptocurrencies except Bitcoin, Ethereum, and stablecoins, is breaking a giant pattern that formed years ago. TechDev calls it a "Livermore accumulation cylinder," a concept from a trading whiz of the 20th century. Basically, it's like the altcoin market is in a pressure cooker, ready to explode upwards. 🚀
But it doesn't stop there. TechDev is also seeing a key movement in stablecoins.
It's as if these stablecoins, which usually stay still, are getting ready for a big move! 🌊 When stablecoins are "unleashed," the price of cryptocurrencies rises. And what we are seeing now, according to him, is unprecedented! These are not just temporary rises, but the beginning of something really BIG! 📈
So, friends, if you have altcoins, it might be time to pay VERY close attention! This analyst is telling us that the market is at a turning point. Could this be the mega rise we've all been waiting for? Time will tell, but the signal is strong! 💪$XRP $ALGO $XTZ
