- Ethereum whale buys $90 million ETH, signaling bullish pump ahead.
- Expectations for altseason arrival grow stronger this bull cycle.
- Dogecoin indicators point to a pump of 3,690% this altseason.
The crypto community continues to wait for what is expected to be a glorious altcoin price run in the remainder of Q4. With Q4 having just begun and already seen BTC set three new ATH prices, analysts grow eager to see how Ethereum will pump over the next few weeks. Already preparing for altseason, one Ethereum whale buys $90 million ETH as Dogecoin continue to show promising signals for a parabolic price pump soon.
Ethereum Whale Buys $90 Million ETH
Since September and Q3 closed with a promising BTC and ETH price pump, confirming a bullish green close to the quarter, expectations for Q4 to see a bullish surge in BTC and ETH prices to new ATHs, along with the long-awaited arrival of the bull cycle’s altseason to begin, have grown all the more stronger. Already, several bullish altcoins have been printing a variety of bullish price indicators.
Over the last few days, the price of the pioneer crypto asset, Bitcoin (BTC), went on to set new ATH prices in the $125,000 and $126,000 price range. In detail, the price of BTC set two new ATH prices at $125,505 and $125,559 before surging to a new ATH price in the $126,000 price range the next day. Since then, the price of BTC has been trading steadily above the $120,000 price range.
As we can see from the post above, expectations for altcoins to pump and for altseason to arrive have grown stronger. As the analyst in the post says that the setup for altcoins is similar to that of the altcoin price pump in 2017, expect everything is expected to be much bigger and better this altseason. The analyst concludes by saying an unimaginable amount of capital will flow into the altcoin market soon.
Of course, the altcoin pump is expected to come from Ethereum re-entering back into its price discovery stage, and surging past its next expected ATH target $5,000. Overall, the price of ETH is expected to hit targets between $6,000 – $16,000 by the end of December in the eyes of many reputed financial experts. As we can see from the post above, ETH whales are wasting no time, marking the latest accumulation of $90 million worth of ETH.
Dogecoin Pump Expectations Grow
Meanwhile, promising altcoins continue to show strong bullish pump indicators . As we can see from the post above, Dogecoin (DOGE) is one such asset, and the analyst states that in the past two cycles, DOGE has been 100% in meeting the 1.618 Fib Level, making the likelihood of this happening again this cycle very high, meaning that it is highly likely we see Dogecoin climb another 800% and higher from here to the $2.28 levels. If the price of DOGE were to perform similarly to the last cycle, an ATH of $9.8 and higher would be possible.
