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Altcoins are rising in value on the crypto market recently, indicating that the infamous “altcoin season” is finally heating up. Assets like Ethereum, Solana, and XRP are up in the past week, with trading volume around the crypto market also up. With Bitcoin reclaiming $104,000 and recent triple-digit returns from altcoins, the season has begun after a long wait. This week, the market cap of Tether (USDT) eclipsed $150 billion for the first time. USDt’s circulating supply has expanded by over 36% in the past year alone, and is a sign that there is growing momentum in the digital asset sector. Meme coins are also booming, especially via the Solana Network. Coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe coin (PEPE) are all up by double digits in the last seven days as well. Technical charts and market sentiment align to suggest that this May will start a broader altcoin rally, driven by key indicators and shifting capital flows. The TOTAL2 chart, representing the tota...

Ethereum (ETH) has experienced a price breakout in the weekly timeframe, comfortably trading above the $3,500 resistance as the decentralized finance (DeFi) asset targets the crucial $4,000 mark. The sustainability of this newfound momentum is of key interest to the general cryptocurrency market, as it is viewed as a precursor to the start of an altcoin season heading into 2025.  Notably, as of press time, Ethereum was trading at $3,569, having rallied by over 1% in the last 24 hours. On the weekly chart, ETH is up almost 8%. Picks for you Khabib ‘supports’ new crypto riding Conor McGregor civil case 54 mins ago Will the Thanksgiving rally finally push Bitcoin to $100,000? 2 hours ago ...

The Pepe price surged 15% in the last 24 hours to trade at $0.00001145 as of 10:48 a.m. EST on trading volume that soared 35% to $2.7 billion. Over the last week, Pepe has surged more than 20% as hopes of a new altcoin season grow. Other top meme coins like Dogecoin and Shiba Inu are also enjoying strong gains, so what lies ahead for PEPE? Pepe Price Aims For A Continued Rally The recent Pepe price movements have formed a rounding bottom pattern, as the price plunged from the $0.00000954 resistance to the $0.00000643 support, according to data from GeckoTerminal . The support then allowed the price to soar back to the resistance and a follow-through thereafter. PEPE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the continued pressure from the bulls. Moreover, the Relative Strength Index (RSI) seems to be crossing over the 70-overbought region, currently at 77, which is also an indication that the asset is under intense buy...