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Altcoins to Accumulate Before They Explode
Positive Potential in the Altcoin Market
Cryptocurrency expert Miles Deutscher has just highlighted a promising opportunity in the altcoin market. Although interest from retail investors is waning and many are temporarily stepping away from cryptocurrency, Deutscher believes this could be the ideal time to pay more attention. Bitcoin is beginning to break out, while many altcoins are showing signs of bottoming out, with a "triple bottom" pattern emerging in longer time frames, signaling the potential end of the downtrend and the start of a new bullish phase.
The German explains that closely monitoring during these quiet times can provide a significant advantage for traders and investors. Typically, most people tend to participate after prices have fluctuated sharply. However, those who are always updated and alert during the earlier, quieter phases will be in a better position to benefit when the momentum increases.
On his watchlist is Pepe, a meme coin based on Ethereum, known for its leading capabilities in its segment. Although it may not be the right time to buy, Deutsche believes it could be a good opportunity if the price adjusts.
Another coin that he is interested in is TAO, a Token related to the AI narrative that is developing in the cryptocurrency space. TAO has recently surpassed an important technical resistance level and is viewed by Deutscher as potentially reaching new highs due to its strong narrative and good momentum.
Virtuals are also regaining attention. Although activity has slowed down, user interaction is on the rise — a sign that price action may follow.
According to Deutscher, the combination of positive technical charts, increased development activity, and a lack of hype from the retail market creates an appropriate environment for sudden surges in the altcoin market. Although the cryptocurrency market as a whole has not yet fully confirmed a reversal, the signs suggest that all pieces are falling into place for a strong bullish rally.
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