Altcoin season is coming. Ripple (XRP), Stellar (XLM), Cardano (ADA) and IOTA (MIOTA) rebounding. - Crypto World - CryptoTalk.Org Jump to content
Barbarellah

Altcoin season is coming. Ripple (XRP), Stellar (XLM), Cardano (ADA) and IOTA (MIOTA) rebounding.

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The best of days for everyone!


As we already know today, Bitcoin breaking the $ 19k barrier without even ending the month of November, which augurs a good future and not only for Bitcoin but for other altcoins that are now awakening, where its notable change in the last week has placed them in the last top of the moment.

 

And it is about:
Ripple (XRP) with an increase of more than 110%, reaching the value of 0.92 $
Stellar (XLM) increasing 90% with a value of $ 0.18
Cardano (ADA) exceeding 50% presenting a value of 0.16%
IOTA (MIOTA) reaching almost 50% with a value of 0.36%


If you investigate each of these projects, you will be able to perceive that they are serious projects and that they are well founded, which makes them a good option when investing. On the other hand, they are cryptocurrencies with a relatively low value without even exceeding $ 1 at the moment, giving the possibility of generating better results if they continue to rise compared to higher value cryptocurrencies.


I would like to know if you know any of these cryptocurrencies?

Do you think there will be a fall or do you think the opposite and will you dare to invest?


As always, thank you very much for your participation and for your positive reaction!

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Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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The upward momentum of bitcoin has been transferred to the Altcoins, although it is good news I am concerned about the parabolic shape of the rises, hopefully the price will consolidate to find purchase points in the next few days.
Among the cryptocurrencies you mention, I have an interest in IOTA for the support of the Internet of Things technology and it has its own Blockchain architecture.
From my perspective, we must be attentive to the market because we could start the long-awaited "Alt Season"

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In my opinion, altcoins should adjust for bitcoin to break out of $ 21,000. Altcoins are heavily dependent on bitcoin, can bitcoin price make a new high?

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Because of bitcoin hitting 19k alt coins price is pumping. This is really good news for traders and altcoin holders. I think in next week bitcoin will hit 20k and alt coins price also increase rapidly. We should hold our coins to gain huge profit from them.

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Yes, perhaps we are now facing a season for digital currencies and Bitcoin after Bitcoin approached its highest peak 3 years ago, but the currencies are still not moving as required, perhaps with days it will rise and join Bitcoin

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At this time, what you say is correct. Investing in these currencies is better than Bitcoin. Bitcoin has reached a peak. The strong currencies must follow. This is the natural way.

I follow Ripple, but I have not made deals with it yet. I do not have enough to buy a good amount of it

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There was a very small pump in many altcoins in November. But nothing in December and maybe there will be something again in January but as Bitcoin keeps rising in new all time high it is a risk to just buy into altcoins. I think there will be a time and an indicator, maybe this was the Doge pump together with some more very low cap alts. If you plan to invest in alts today have patience and I think it will give good results but it will need some more time.

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Currently things are now going as perceived especially for ripple as the current value is so insignificant . As for bitcoin it is moving at an amazing speed and expected to rise up to 300k dollars in 2021. To me It is the only currency one can invest in and have a rest of mind.

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It is better when you also write the prices of the coins when you make the posts because they stay and we have something to compare with, a month later. Bitcoin has done great and altcoins are also rising. The total market cap is close to one trillion dollars. Altcoins lately are rising again but as Bitcoin drops a little they lose too much and very fast. I don't know if an altcoin season will be stable this time or again it will be difficult to profit from it.

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Ripple reached almost a dollar and then it crashed again, it was a perfect exit to make at a high price for everyone in xrp but the problem is that many were invested for long term in this asset without having the slightest sense of what Ripple was doing was disastrous for their investment and could easily be called a scam.

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You were right all these altcoins did great and rebounded heavily, Xrp had many troubles though with the government financial authorities of the United States and it made the price drop significantly. But lately it seems to be recovering once again.

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This altcoin season looks to want to happen but always something stops it from happening. Maybe there won't be an altcoin season and what we have seen was that. I don't have many altcoins as investments but those I did buy lower I sold after they lately gone up a little. I hope it wasn't a big mistake.

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Everything is pumping together with Bitcoin this time, it could be a time close to the end of the ride for a while, altcoins are not behaving very irrational lately as I expected and the market for two days is in denial of correction so it will either be a huge one, or it will keep rising maybe from next week again.

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I know most of the cryptocurrencies you shared, suddenly the newest one that I don't know as well as the others is Cardano, but from what I've read it's a great project and very similar to Ethereum.
Regarding the altseason, it seems that we have not yet reached a true altseason. But we have been close, like at the end of November when several coins went up or some days ago when their value increased again, especially following the trend of Ethereum.
However, the dominance is quite high, so I still think it is not time for a real altseason. Although suddenly in the next weeks or months there may be a considerable drop in dominance, as happened in June 2017, when most altcoins rose considerably for a few days after a 40% drop in Bitcoin.

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I am observing early signs of an altcoin bull season but maybe this is going to end soon. I remember I was read a lot of articles about this, but I am seeing not enough bull pressure into altcoins, but just a small correction for Bitcoin and some of risky spots to enter into altcoins for right now.

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