- Santiment analytics reveals very bullish action from ADA, SHIB, and DOGE very soon.
- The native tokens of Cardano, Shiba Inu, and Dogecoin would rise inexplicably.
- Crypto investor draws parallel to previous Bitcoin Halving cycle fueling bullish sentiment.
As the crypto market shows signs of recovery from its brutal correction phase, Santiment on-chain analytics reveal very bullish signs for three specific altcoins. These popular altcoins could very well print god candles and smash through their previous all-time high inexplicably.
In detail, according to this analytics, Dogecoin (DOGE), Shiba Inu (SHIB), and Cardano (ADA) are all showing major indicators to pull an explosive price spike at any moment during this ongoing crypto bull cycle.
In particular, the Santiment analytics that lead to this bullish expectation comes from the recent 30-day MVRV of the top seven largest crypto based on market cap. This shows which cryptos are overvalued and undervalued.
Meanwhile, a reputed crypto investor, Quinten shares a bullish Bitcoin (BTC) price chart to revive overall bullish crypto market sentiment. Here, he shares a price chart that maps Bitcoin’s price action over the last three Bitcoin Halvings.
Thus, Quinten marks how in 2020, following that cycle’s Bitcoin Halving event, BTC took 150 days where it was in the boring price range between $9,000 – $11,000. He then draws a parallel to our current cycle where we are only 60 days past the Bitcoin Halving event that took place earlier this year.
He advises the crypto community not to be disheartened by the latest Bitcoin and crypto price dips as history is simply repeating itself. He reminds traders and investors of crypto that this plays out every year and we must simply remember to hold strong and wait out the dip for an epic price reversal.
