- Altcoins show increasing bullish signals as Bitcoin price struggles.
- Market sentiment improves as more altcoins go bullish.
- Altcoin Hedera (HBAR) could see pumps of 75% and 90% with pump target of $0.962.
Altcoins take centre stage as Bitcoin price continues to hold below the $95,000 price range showing the slow yet steady sideways correction movement for the pioneer crypto asset. As sights shift from Bitcoin to altcoin seasoned analysts still remain confident in Bitcoin’s ability to reclaim its previous ATH and its expected momentum to hit new ATHs this year.
Altcoins Continue to Show Bullish Potential
With these high expectations, market sentiment seems to be on the mend as well. In a single day, the ‘Neutral’ sentiment at a score of 50 has shot up to a score of 69 marking a more bullish ‘Greed’ sentiment. Moreover, expectations for a bullish altseason peak to arrive this Q1 of 2025 are greater than ever and altcoins are mirroring the sentiment.
In detail, historical data has repeatedly ensured that the peak of altseason always arrives in Q1 following a Bitcoin Halving year in every bull cycle. As we now enter this period, expectations for altcoins to hit bullish new ATHs grow every day. Furthermore, altcoins themselves are showing highly bullish signals on their price charts to support this upcoming pump.
Altcoin Hedera (HBAR) Set to Hit $0.96
As we can see from the post above, Hedera (HBAR) is one such altcoin. The analyst int he post highlights how HBAR price has already confirmed textbook patterns that suggest a continuation of an already massive run with a breakout target is $0.504 still in play. In addition, he says with this target and confirmation, another pump of over 75% could occur which could lead to another near 90% pump to $0.96.
The post Hedera Sees Bullish Price Chart Signals, Analyst Sets $0.962 as Pump Target for HBAR Price appeared first on Cryptonewsland.
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