Altcoin Dominance Showing Signs of Breaking Out After 7-Year Correction
Recent market analysis suggests that altcoin dominance might finally be on the verge of a significant breakout after being in a correction phase for the past 7 years. This potential shift has caught the attention of many cryptocurrency investors and analysts.
2021 Rally Might Just Be the Beginning
While the rally in 2021 generated considerable excitement in the crypto market, some experts believe that it could be just a precursor to a much larger movement in altcoin dominance. If certain technical indicators, such as the 7-year RSI wedge, play out as anticipated, it could signal the start of altcoins entering a truly impulsive run, potentially the first of its kind in 8 years.
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