Ethereum dominance , expectations and historical data.
As we march forward in this extraordinary altcoin season a tremendous season has been started which is possibly never seen before.
now we need to back our prediction of altcoin season by relevant data. as we can see a two year old support broken in the bitcoin dominance which is declining day by day as we approach in this ALTCOIN SEASON.
A significant resistance is observed in the Ethereum dominance 13.11 which is yet to be broken. and if we go back in time we can see a previous high in 17.21 from january 2021 and if we further go back 30 January 2018 eth dominance was as high as 24.33.
that means this highs are still to be broken . and if this happen we will se big movement in the Ethereum price action. A minimum of 3x/5x gain is yet to be achieved if this resistances is broken by Ethereum. Buckle up and enjoy the season.
now we need to back our prediction of altcoin season by relevant data. as we can see a two year old support broken in the bitcoin dominance which is declining day by day as we approach in this ALTCOIN SEASON.
A significant resistance is observed in the Ethereum dominance 13.11 which is yet to be broken. and if we go back in time we can see a previous high in 17.21 from january 2021 and if we further go back 30 January 2018 eth dominance was as high as 24.33.
that means this highs are still to be broken . and if this happen we will se big movement in the Ethereum price action. A minimum of 3x/5x gain is yet to be achieved if this resistances is broken by Ethereum. Buckle up and enjoy the season.
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