Cryptocurrency analyst predicted the altcoin season

Well-known cryptocurrency market strategist Jason Barberio predicted a rapid increase in the value of alternative digital currencies in the near future. He stated that the market is now in a lull stage, but the so-called altcoin season will come very soon. According to the specialist, all the leading digital currencies included in the top 30 rating by market capitalization will increase in value several times before the end of 2022.

According to the expert, all key virtual assets will begin to noticeably rise in price in the coming months. He linked his forecast with fundamental market analysis. According to the analyst, the world is currently undergoing a significant transformation. People have understood the importance of cryptocurrencies and are turning to this asset class for a variety of reasons.

Citizens of many countries began to take seriously not only Bitcoin, but also altcoins. Despite the volatility of the market, people see digital coins as a good tool for saving their own funds and fighting against the rising inflation rate. The geopolitical situation in the world has weakened the positions of many national currencies. Against their background, digital assets have shown themselves to be more stable.

In addition, according to the analyst, more and more large companies are integrating cryptocurrencies into their systems and accepting them for payment. The specialist assured that the development of blockchain technology can no longer be stopped. Smart contract platforms are attracting more and more attention from users and developers.

Earlier edition of reported that Mikael van de Poppe gave his own prediction for several altcoins. In his opinion, traders and investors should turn their attention to Ripple and Litecoin. After analyzing the chart of these assets, the specialist noticed that they were both oversold. Many indicators also show the bullish mood of market participants.

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