{"id":385381,"date":"2019-06-08T00:01:20","date_gmt":"2019-06-08T00:01:20","guid":{"rendered":"https:\/\/wncen.com\/?p=385381"},"modified":"2019-06-07T18:20:35","modified_gmt":"2019-06-07T18:20:35","slug":"ethereum-ripple-litecoin-crypto-altcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-ripple-litecoin-crypto-altcoin\/","title":{"rendered":"Bull Market Imminent? Why Investors are Stacking Ethereum, XRP, and Litecoin"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">With <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> back into the public eye and mainstream media spotlight, and its price back into the green, speculation that a bull market is starting has begun to spread across the crypto market. The bullish sentiment has also spilled into Bitcoin\u2019s crypto brethren \u2013 such as Ethereum, Ripple, Litecoin, and more \u2013 and a full-blown altcoin season is expected by most crypto traders.<\/span><\/p>\n<figure id=\"attachment_385415\" aria-describedby=\"caption-attachment-385415\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-385415 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/chart-26.jpeg?resize=800%2C550\" alt=\"The price of Ethereum has climbed by 5 percent in the past 24 hours following impressive rally of XRP and Litecoin\" width=\"800\" height=\"550\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/chart-26.jpeg?w=800 800w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/chart-26.jpeg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/chart-26.jpeg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/chart-26.jpeg?w=750 750w\" sizes=\"(max-width: 800px) 100vw, 800px\"><figcaption id=\"caption-attachment-385415\" class=\"wp-caption-text\">The price of Ethereum has climbed by 5 percent in the past 24 hours following the impressive rally of XRP and Litecoin (source: coinmarketcap)<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\">With a potentially profitable \u201calt season\u201d ahead of us, investors are increasingly taking larger positions in altcoins, selling off their Bitcoin to load their bags. According to a new survey, crypto investors bags are heavily packed with altcoins in particular, which could shed some light into what transpires across the market in the coming weeks.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Poll: Nearly 50% of Crypto Trader\u2019s Portfolio is Dominated by Altcoin Space<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">With crypto Twitter conversation lit up like the fourth of July talking about the promise of what an alt season can bring investors in the altcoin space for substantial returns, more and more investors are taking larger positions in Bitcoin\u2019s competition.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">According to a <a href=\"https:\/\/twitter.com\/cryptodonalt\/status\/07575041?s=12\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">new poll<\/a> by crypto analyst DonAlt, crypto investor\u2019s portfolios are at this point comprised almost entirely of altcoins, rather than Bitcoin, which is generally considered the least risky digital asset aside from stablecoins.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">How much of your portfolio is in altcoins?<\/p>\n<p>&mdash; DonAlt (@CryptoDonAlt) <a href=\"https:\/\/twitter.com\/CryptoDonAlt\/status\/07575041?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 6, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">The poll results reveal that nearly 50% of all crypto trader\u2019s portfolios are comprised of \u201c60-100%\u201d altcoins. Altcoins are defined as any crypto asset that isn\u2019t the original Bitcoin, including \u201cmajor cap\u201d alts such as Ethereum, Ripple, Litecoin, and more.<\/span><\/p>\n<h2>The Big Three: Ethereum, Ripple, and Litecoin Leading Alt Season Charge<\/h2>\n<p class=\"p1\"><span class=\"s1\">It\u2019s major cap altcoins like Ethereum, Ripple, and Litecoin that are driving much of the bullish sentiment in the market.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Crypto charts of interest.<br \/>1. <a href=\"https:\/\/twitter.com\/search?q=%24LTCBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$LTCBTC<\/a> has completed a significant buy signal.<br \/>2. New recovery highs in XRP would be constructive with targets of .5688 and .6260. <a href=\"https:\/\/t.co\/l0GBevSGUk\" rel=\"nofollow\">pic.twitter.com\/l0GBevSGUk<\/a><\/p>\n<p>&mdash; Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/88469248?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 6, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">With Litecoin\u2019s halving coming up, most crypto analysts conclude that taking a position in the asset designed by Charlie Lee is a \u201cno brainer.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Ripple is yet another large cap altcoin that crypto investors are expecting a surge in performance from. If past performance is an indicator of future performance, Ripple could explode in the coming days.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Ethereum also is poised for a powerful breakout, if Bitcoin can remain on solid footing. Many traders have been bullish on Ethereum for over a month now, but the asset continues to coil ahead of a major breakout.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Further driving the interest in the altcoin space, is the fever surrounding IEO tokens such as Matic, BitTorrent Token, Harmony One, and more. These assets, along with a handful of others that have yet to see a bull market, are expected to vastly outperform Bitcoin.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">With crypto trader\u2019s bags fully packed, if an alt season truly does kick off, the crypto market will once again be bringing investors returns beyond their wildest expectations.<\/span><\/p>\n<pre class=\"p1\"><span class=\"s1\">Featured image from Shutterstock<\/span><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>With Bitcoin back into the public eye and mainstream media spotlight, and its price back into the green, speculation that a bull market is starting has begun to spread across the crypto market. The bullish sentiment has also spilled into Bitcoin\u2019s crypto brethren \u2013 such as Ethereum, Ripple, Litecoin, and more \u2013 and a full-blown altcoin season is expected by most crypto traders. With a potentially profitable \u201calt season\u201d ahead of us, investors are increasingly taking larger positions in altcoins, selling off their Bitcoin to load their bags. According to a new survey, crypto investors bags are heavily packed with altcoins in particular, which could shed some light into what transpires across the market in the coming weeks. Poll: Nearly 50% of Crypto Trader\u2019s Portfolio is Dominated by Altcoin Space With crypto Twitter conversation lit up like the fourth of July talking about the promise of what an alt season can bring investors in the altcoin space for substantial returns, more and more investors are taking larger positions in Bitcoin\u2019s competition. According to a new poll by crypto analyst DonAlt, crypto investor\u2019s portfolios are at this point comprised almost entirely of altcoins, rather than Bitcoin, which is generally considered the least risky digital asset aside from stablecoins. How much of your portfolio is in altcoins? &mdash; DonAlt (@CryptoDonAlt) June 6, 2019 The poll results reveal that nearly 50% of all crypto trader\u2019s portfolios are comprised of \u201c60-100%\u201d altcoins. Altcoins are defined as any crypto asset that isn\u2019t the original Bitcoin, including \u201cmajor cap\u201d alts such as Ethereum, Ripple, Litecoin, and more. The Big Three: Ethereum, Ripple, and Litecoin Leading Alt Season Charge It\u2019s major cap altcoins like Ethereum, Ripple, and Litecoin that are driving much of the bullish sentiment in the market. Crypto charts of interest.1. $LTCBTC has completed a significant buy signal.2. New recovery highs in XRP would be constructive with targets of .5688 and .6260. pic.twitter.com\/l0GBevSGUk &mdash; Peter Brandt (@PeterLBrandt) June 6, 2019 With Litecoin\u2019s halving coming up, most crypto analysts conclude that taking a position in the asset designed by Charlie Lee is a \u201cno brainer.\u201d Ripple is yet another large cap altcoin that crypto investors are expecting a surge in performance from. If past performance is an indicator of future performance, Ripple could explode in the coming days. Ethereum also is poised for a powerful breakout, if Bitcoin can remain on solid footing. Many traders have been bullish on Ethereum for over a month now, but the asset continues to coil ahead of a major breakout. Further driving the interest in the altcoin space, is the fever surrounding IEO tokens such as Matic, BitTorrent Token, Harmony One, and more. These assets, along with a handful of others that have yet to see a bull market, are expected to vastly outperform Bitcoin. With crypto trader\u2019s bags fully packed, if an alt season truly does kick off, the crypto market will once again be bringing investors returns beyond their wildest expectations. Featured image from Shutterstock<\/p>\n","protected":false},"author":517,"featured_media":385386,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,13625,16897,16894],"tags":[428,6664,42860,1946,10,17269,3680],"class_list":["post-385381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-ethereum","category-litecoin","category-ripple","tag-bitcoin","tag-crypto","tag-donalt","tag-ethereum","tag-litecoin","tag-peter-brandt","tag-ripple"],"acf":[],"yoast_head":"\n<title>Bull Market Imminent? 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. 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Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. 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