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Anonymous cryptocurrency strategist Altcoin Sherpa predicted that the altcoin market would see a 'very strong and explosive face-melting rally' before the current cryptocurrency cycle ends.
Crypto strategist Sherpa told his 217,600 followers on social media platform
He said, “For an altcoin rally to begin, we need to check whether there was a final capitulation or a long consolidation period for each altcoin.”
He said, "The representative altcoin that surrendered was Solana (SOL) in December 2020, and the cryptocurrencies that showed long-term corrections include Polkadot (DOT) and Zilliqa (ZIL). Overall altcoin rally season. For this to begin, there needs to be some kind of trigger and a rise in the price of Bitcoin (BTC), but the charts for many altcoins are in quite bad shape, but altcoins will eventually rally, but we don't know when or how it will happen. said.
