• Altcoin VELO indicates massive 3x bull wave pump. 
• The altseason peak phase expected in Q1 seems to have been delayed this bull cycle. 
• VELO could see a pump over 171% and above as its price chart signals.

As discussion of BTC Dominance and its weakening chart points to a fall of Dominance, analysts are hoping to see altcoins take over after BTC Dominance collapses. So far, several altcoins are showing strong bullish indicators signaling their preparation to hit much higher targets soon. One altcoin VELO indicates massive 3x Bull Wave patterns.

Peak Altseason Phase Delayed?

The peak phase of this cycle’s altseason was expected to arrive in Q1 of this year, however, as March nears its close, analysts have concluded that altseason has been delayed. While some believe the bull market is over, others highlight the many bullish indicators on Bitcoin and altcoin charts to remain certain of bullish days ahead. 

Altcoin VELO Indicates Massive 3x Bull Wave Pump

As we can see from the post above, this analyst states that the price of VELO looks to currently be leading up to yet another key breakout in price after setting up a similar logarithmic resisting trend and each of those before this has resulted in major moves towards hitting higher targets. 

He concludes that not only does another breakout and higher move look to be on the radar but VELO’s volume is also nearing a notable breakout which can make the run after break even more massive. He says that at the least, a near pump of over 171% could stem from this but with volume’s breakout it may end up much larger than many think, possibly a 3x bull wave pump. 

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