Altcoin
4 Crypto To Hold Before Ethereum Kickstarts Alt Season
The altcoin season could begin anytime from now as Bitcoin dominance declines. As the leading altcoin, Ethereum will usher in this season, but there are other altcoins investors should be looking to hold as they could record significant gains during this period.
4 Coins To Hold Before Ethereum Kickstarts Altcoin Season
The altcoin season is imminent as Blockchain Center data shows that more altcoins outperform Bitcoin. Ethereum could lead the way as the ETH price is again showing signs of life. Ahead of that period, these are altcoins that investors should hold as they could provide them with significant gains.
Terra Classic (LUNC)
Terra Classic (LUNC) is one of the coins that investors should be looking to hold as Ethereum kickstarts the altcoin season. Crypto analyst Javon Marks recently provided a bullish outlook for the LUNC price.
The analyst stated that the coin looks ready to record a parabolic rally from its current price as breakouts continue to hold, implying that LUNC could reach $0.00058046.The analyst noted that the last time the LUNC price broke, it hit the three projected targets. Marks predicts that the crypto could rally to as high as $0.00139122 if that happens again.
NebulaStride Token (NST)
NebulaStride is the second coin investors should look to hold ahead of the altcoin season. In fact, this is one that investors might consider holding for the long term, given the amount of upside potential it has and the life-changing gains they could make from the coin.
NebulaStride is currently in its presale stage, which is why it has the potential to make life-changing gains, especially for early investors. The token is currently selling for $0.02, but its price could easily shoot up as soon as the altcoin season, which is why it is best to get in now.
Chainlink (LINK)
Chainlink (LINK) is bullish from both a fundamental and technical perspective. Coinbase recently announced that its Project Diamond has integrated the Chainlink standard to accelerate digital asset adoption. The top crypto exchange added that institutions will be able to leverage Chainlink to manage the full lifecycle of tokenized assets on the Project Diamond Platform.
From a technical perspective, crypto analyst JJcycles recently predicted that the Chainlink price will soon hit a new all-time high (ATH). This parabolic to a new ATH could happen once Ethereum kickstarts the altcoin season.
Fantom (FTM)
Investors should consider holding Fantom (FTM) before Ethereum kicks off the altcoin season. This could be a very profitable move, especially considering the Sonic launch is just around the corner.
The Sonic airdrop would inject millions of dollars into the Fantom ecosystem, which could contribute to a parabolic rally for the FTM price. From a technical analysis perspective, analysts say that the Fantom price is well primed to surpass its current ATH of $3.
Conclusion
The Ethereum price is gearing up for a big move, having underperformed for most of the year. From a fundamental perspective, the Spot Ethereum ETFs provide a bullish outlook. As such, the big move could come anytime soon, and it is best to be well-positioned in these coins before ETH kicks off the altcoin season.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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