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Home » Ran Neuner Anticipates the Arrival of Altcoin Season in the Near Future

Ran Neuner Anticipates the Arrival of Altcoin Season in the Near Future

By adminOct. 1, 2024No Comments2 Mins Read
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Ran Neuner Anticipates the Arrival of Altcoin Season in the Near Future
Ran Neuner Anticipates the Arrival of Altcoin Season in the Near Future
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Cryptocurrency analyst Ran Neuner, speaking through the Crypto Banter channel, suggested that an altcoin season may be on the horizon in the upcoming weeks. He noted that Bitcoin

$63,438 had its most successful September performance ever, achieving gains close to double digits last month. Neuner believes this sets the stage for a substantial increase in Bitcoin during the last quarter of 2024.

**Contents**
– Bitcoin’s Performance
– Future Expectations

**Bitcoin’s Performance**
Neuner pointed out that a key factor behind Bitcoin’s unexpectedly strong September results was its excellent performance in the Chinese market. In the past week, a major exchange in China experienced a nearly 20% rise. Given the significant role of China’s economy in the cryptocurrency landscape, the crypto-friendly initiatives in Hong Kong, along with the government’s assessment of Bitcoin ETFs, could lead to a considerable influx of capital.

He also mentioned that Bitcoin’s upward movement is likely to benefit the altcoin market as well. Neuner predicted notable price actions for altcoins including XRP, Solana

$154, Near, and Injective. He specifically highlighted XRP Coin’s ambition, noting that it has broken free from its long-term downward trend and could embark on an upward trajectory if market conditions remain favorable.

**Future Expectations**
Neuner expressed optimism that the last quarter of 2024 might bring exciting prospects for Bitcoin, with the potential for a new all-time high. The strong performance of Bitcoin could also facilitate a recovery for the altcoin market.

Market participants are hopeful that if Bitcoin maintains solid support and global economic trends remain positive, the overall cryptocurrency market could experience a sustained growth trend. In summary, Ran Neuner’s forecasts suggest that both Bitcoin and altcoins are poised for significant movements in the near future, presenting market participants with valuable opportunities.

You can stay updated with our news on Telegram, Facebook, Twitter & Coinmarketcap.

**Disclaimer:** The information provided in this article does not serve as investment advice. Investors should recognize that cryptocurrencies are highly volatile and carry inherent risks, necessitating thorough personal research.

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