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Altcoin TA: ETH, Solana, XRP, ADA, CRV Technical Analysis | Crypto Market Update
Altcoin TA: ETH, Solana, XRP, ADA, CRV Technical Analysis | Crypto Market Update
In this episode of The Trading Parrot, we delve into the latest crypto market trends, observing a significant retracement of up to 25%. We analyze the health of the altcoin season index, particularly focusing on the implications of crossing below 75. Through technical analysis of BTC and USDT dominance, and essential altcoins like Solana, Ethereum, ADA, and XRP, we identify levels to buy and defend during this pullback. Stay tuned for detailed insights and strategies for navigating these market changes, including key updates on Bitcoin and upcoming economic reports.
00:00 Welcome to The Trading Parrot
00:07 Crypto Market Overview
00:25 Understanding the Altcoin Season Index
00:46 BTC and USDT Dominance Analysis
00:58 Technical Analysis on Major Altcoins
02:22 Bitcoin and Market Sentiment Update
03:11 Altcoin Performance Insights
05:26 Bitcoin Dominance and Altcoin Season Predictions
07:28 USDT Dominance and Market Trends
08:45 Total Market Cap Analysis
11:53 Solana Market Update
16:18 CRV Curve DAO Market Update
17:54 Ethereum and Altcoin Market Dynamics
20:46 Cardano ADA Market Update
22:11 XRP Ripple Market Update
24:39 Non-KYC Exchanges and Trading Bonuses
25:57 Conclusion and Final Thoughts
#Altcoins #Altcoin #ALTSEASON #AltSeason2024 #alts
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⚠️ *DISCLAIMER*
This video is not intended for UK/US residents.
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.
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