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Most Bullish Part of Altcoin Cycle Hasn’t Even Begun Yet, According to Analyst Kevin Svenson

Analyst and trader Kevin Svenson believes that the most explosive phase of the cycle for altcoins is still to come. In a new strategy session, Svenson tells his 81,300 YouTube subscribers that based on historic precedence the TOTAL3 chart may soon have an astronomical breakout. The TOTAL3 chart tracks the market capitalization of all crypto assets excluding Bitcoin ( BTC ), Ethereum ( ETH ) and stablecoins. “[In 2021] Bitcoin got to a really high price and just started chopping. And when it was chopping around, the TOTAL3 went to the moon.” Source: Kevin Svenson/YouTube Svenson predicts that the most explosive season for the alts will start around the 40th week after the halving event in April 2024, when miners’ rewards were cut in half, which would be around the end of January. “So in this cycle right now the altcoins are currently not even the 40th week post-halving. We haven’t even gotten the all-time high break. In the last cycle, when you broke that high, it was 170% for the TOTAL3 as a whole, 170% up. Maybe it won’t be as much a percent, but still, there’s a major move ahead of us… The most bullish part of the cycle has not even started yet, hasn’t even begun yet. So we have multiple more weeks to go where Bitcoin could get really, really bullish and continue to be bullish. And the altcoins also will look for a major pump over the next couple of months, in my opinion.” Source: Kevin Svenson/YouTube Looking at his chart, the analyst suggests the TOTAL3 market cap may reach around $2 trillion for the cycle peak, up from the current $982.2 billion. Svenson also believes that the flagship crypto’s dominance level (BTC.D) will soon start to decline. The BTC.D is the ratio between the market cap of BTC versus the market cap of all crypto assets combined. “What you’ll notice in previous cycles is that right after the 40th week – the halving takes place, 40 weeks later – that’s when [Bitcoin] dominance really starts to plummet… Once we get into this green zone past the 40th week that’s when I think Bitcoin dominance is going to start to take a big tumble, and altcoins are going to take over in dominance.” Looking at his chart, the analyst suggests that BTC.D may dip to around 42% within six months. Source: Kevin Svenson/YouTube At time of writing, BTC.D is at 58.01%. ? Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Most Bullish Part of Altcoin Cycle Hasn’t Even Begun Yet, According to Analyst Kevin Svenson appeared first on The Daily Hodl . CryptoIntelligence

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Experts Predict Solana, FXGuys, and XRP Could Turn $100 Into $10,000 by Mid-2025

The post Experts Predict Solana, FXGuys, and XRP Could Turn $100 Into $10,000 by Mid-2025 appeared first on Coinpedia Fintech News Solana (SOL) could be on its way to its ATH and even further, and Ripple (XRP) investors are off to a confident start in 2025. There’s a lot of support from experts for both top altcoins, but a third token is getting the more popular backing. FXGuys ($FXG) is a new crypto project that intends to raise the bar on trader welfare and newfound profits in the market. Think of it as a DeFi token sporting the bullish potential of a meme. Here is more on SOL, XRP, and $FXG and if they can turn $100 into $10,000. >>>JOIN FXGUYS HERE Solana Prediction: SOL Price Set to Hit $260 Solana is one of the more vibrant networks in the crypto-verse, and last year was proof. While its SOL token didn’t have much going for it in terms of development, the meme coin frenzy that started with BONK and WIF sparked quite the run for the top DeFi token . And no, SOL might not be able to turn $100 into $10,000, but its price movements are promising, and investors are anticipating an uptrend. Currently, several analysts are backing SOL for a surge close to its ATH. The trend features a reversal from its descending channel, one that would see the already bullish Solana price hit $260 from its current $207. With SOL so close to its ATH at $263, the next stage from there is price discovery. SOL might not be able to turn $100 into $10,000, but FXGuys has the potential. FXGuys: Proprietary Trading to Propel New Crypto $FXG traders are about to become the biggest winners in the market, and the reason is not far-fetched. FXGuys is fronting a new development in crypto trading–proprietary trading. Proprietary trading is a concept where traders get to access capital funding to maximize their trading potential. In other words, FX Guys will be giving its traders capital funding so that they make more profits than they would have with their limited portfolios. The traders only have to buy trading challenges on the platform (the packages run from $25 to about $1100) and pass the objectives on the challenges to qualify for capital funding. The capital ranges from $2,500 to about $100,000, and traders get to keep 80% of their trading profits, while investors get the remaining 20%. Traders can access a range of trading instruments, as the FX Guys platform features the most diverse range of trading instruments. About 120,000 trading instruments are available from the stock, Forex, crypto, and tokenized assets markets, giving any trader quite the list to choose from for their portfolios. With a portfolio that diverse, trading risks are at the barest minimum. The FXGuys project promises a paradise for crypto traders, and it’s no wonder that most of them are investing in $FXG tokens from the presale. You should be too, trader or not. Ripple (XRP) Could Be In for a Meteoric 2025 Ripple has had four difficult years so far, as its drawn-out lawsuit with the SEC saw the project stagnate significantly. Donald Trump’s administration promises a conducive regulatory environment for the crypto-verse, and tokens like Ripple’s XRP might be seeing some relief after all. XRP is preparing for better times ahead, too, as the on-chain metrics have improved greatly. Open Interest and Relative Strength Index are showing strong investor interest, with an 80% spike on the card. The most recent forecast saw XRP go 80% up if the token got past its $2.34 resistance. Ripple’s XRP is currently trading at $2.4 , 11.07% up on the weekly timeframe, and raring to rise rapidly. >>>JOIN FXGUYS HERE $FXG Is the Best Bet to Turn $100 Into $10,000! After the dismal performances of many top altcoins like Solana and XRP. However, the SOL token has started the new year with an impressive momentum. Ripple’s XRP token is also getting positive shouts, especially following the change in government in the US. Both top altcoins and the new $FXG DeFi token have been predicted to turn $100 into $10,000 by mid-year. Meanwhile, $FXG is offering 150% in its presale to start off in the short term. The presale gains the short-term potential on SOL and XRP, and investors have now invested more than $3.3 million in the new crypto’s ongoing presale. New investors can get $FXG tokens now in Stage 2 at $0.04 and anticipate the launch date when the price goes up to $0.10. Join the bullish movement and lock in potential gains to turn $100 into $10,000. To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit CryptoIntelligence