Crypto market stays strong; dip could offer a buying chance.
Ethereum, Sui, and Sonic show promising signs of upward movement.
Altseason possible if Bitcoin dominance falls in coming weeks.
The cryptocurrency market has managed to stay firm after a strong start to the month, and it remains to be seen if this strength can carry on through August. While a small dip in prices might happen, it could actually offer a good chance to buy before the next big move higher.
Several altcoins have started to show steady recovery over the past week. Even though some are still in the red when looking at their monthly performance, there are predictions that many of these coins have room to climb in the coming weeks. One factor being watched is Bitcoin’s dominance in the market. If Bitcoin’s control starts to slip, it could spark an “altseason.”
Among the top performers is Ethereum (ETH), which has been steadily moving towards a key price milestone.
Back in April, when ETH was trading around $1,700, hopes were high for it to rise to $3,300, and now, months later, it’s inching close to that target.
Sui (SUI) has also been making positi…
The post Don’t Sleep on These Altcoins Gearing Up for Big Gains appeared first on Coin Edition.
