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Analyst said Four Popular Altcoins are Ready for Parabolic Rally, Issued 'Last Chance' Warning!
Bitcoin and altcoins, investors' minds are confused by the sudden drops and rises, while a German trader said he expects a parabolic rise for four famous cryptocurrencies.
German analyst and Tokentus' founder Oliver Michel advises investors to act quickly and buy four altcoins before their prices enter a parabolic rise.
At this point, the German analyst pointed out that the four altcoins that are expected to have a parabolic rise are Dogecoin (DOGE), HBAR, XLM, and Cardano (ADA), and advised investors to closely monitor these four altcoins.
The analyst who predicts that these altcoins will rise soon said that the situation in altcoins will change very quickly.
With the Bitcoin price rally, Dogecoin (DOGE), HBAR XLM, and Cardano (ADA) have provided significant gains to investors in November-December 2024.
However, things have slowed down for these four altcoins and are facing market downtrends and losses.
*However, in my opinion, things will really change quickly for these four altcoins.
The analysis of the German analyst revealed similar trends in altcoins. According to the analyst, one of these altcoins experienced similar rallies by the end of 2024, with a rise between 3x and 7x. The analyst finally stated that these four altcoins went through a similar consolidation phase after the rally. At this point, the analyst, who pointed out that the technical charts indicate a parabolic rally for altcoins very soon, said that the technical indicators offered investors a perfect buying opportunity.