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Massive cup and handle pattern breakout nears on the altcoin price chart.
Additional bullish indicators signify altseason arrival soon.
DOGE price could experience a significant breakthrough soon.
The crypto market anticipates a potential bullish altseason as several indicators suggest a surge in altcoin prices. The long-awaited altseason may be approaching. Currently, a significant cup and handle pattern is forming on the altcoin price chart, with multiple altcoins poised for potential price increases based on their individual chart patterns.
Massive Cup and Handle Pattern Breakout Nears
The altcoin market has shown signs of growth in 2025. Beginning in Q1, despite Bitcoin's correction and ETH's price bottoming at $1,700, the altcoin market has generally trended upwards. While Q1 is often associated with the start of altseason, this cycle differed due to Bitcoin reaching a new all-time high before the halving, necessitating a correction.
By the start of Q2, the market appeared healthier, and altcoin prices began to rise, led by Ethereum. This was seen as a positive sign, as some analysts believed that altseason would only commence with a rise in ETH prices. As ETH reclaimed the $2,700 - $3,000 range, other altcoins began to follow. In Q3, ETH has approached the $4,000 level, with altcoins showing significant gains in its wake.
Bullish Altcoins on the Pump
Presently, certain indicators are contributing to a bullish sentiment. One sign is Ethereum's outperformance of Bitcoin, often interpreted as a sign that altseason's peak is near. Additionally, ETH is nearing its previous all-time high, a trend mirrored by other altcoins like XRP and Solana (SOL).
DOGE Monthly Chart Screams Bullish
The memecoin Dogecoin (DOGE) is another altcoin potentially positioned for a rally, as suggested by its price chart. According to one analyst, the DOGE monthly chart shows a bullish trend, with previous resistance potentially turning into support, and a rally anticipated upon breaking a key price level.
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