Analyst Predicts Altcoin Rally Following Crypto Market Correction
- Bitcoin dominance (BTC.D) peaked at 64.09% over the weekend and is now at 61.33%.
- Kaleo, a crypto trader, anticipates altcoins will soon outperform Bitcoin.
- Pepe (PEPE) is expected to rise above $0.00001600 this month; currently trading at $0.00001019, up 10.3% in the last 24 hours.
- Solana (SOL) is predicted to reach $1,000 after falling below $200; currently trading at $207, up 1% in the last day.
- Avalanche (AVAX) may reclaim the $50 support level; currently priced at $27.43, down 6.3% in the past day.
The analyst Kaleo suggests that multiple altcoins have reached their market bottoms and are poised for significant rallies, with Pepe and Solana among those expected to see substantial price increases soon.
Source (2.6)https://dailyhodl.com/2025/02/03/up-only-phase-commencing-after-crypto-market-correction-completes-according-to-closely-followed-trader/?rand=59076
