InvestingScope

CRYPTO: Brace for a big Alt Season.

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CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
All critical indicators have been aligned perfectly for a new alt season rally. The price is now over the 1M MA50 and on the 0.382 Fibonacci level from top to bottom. The 1M RSI is at 55.000 while the 1M MACD just made a Bullish Cross. The last time all those took place together was on June 2020. That was at the start of the Cycle's parabolic rally and this was only one in a total of two red months until May 2021 (9 green months in a total of 11). We can't get a stronget buy signal in the crypto market than that, a clear sign that this is probably the last opportunity to invest in the market for extraordinary gains.

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