Altcoins Market Cap Completes Massive Cup & Handle Pattern, TOTAL3 Signals for Significant Surge

Altcoins market cap completes massive cup & handle pattern.

Analysts see bullish indicators on TOTAL and TOATAL3 price charts

Specifically, TOTAL3 signals a significant surge soon.

With the price of Ethereum working its way up to reclaiming the $4,000 price range, expectations for all altcoins to flourish alongside the pioneer altcoin assets grow stronger. Presently, the altcoin market cap completes a massive cup & handle pattern. The completion of this bullish formation means a significant price rally is on the horizon. The TOTAL and TOTAL3 price charts are also signaling bullish indicators

Altcoins Market Cap Completes Massive Bullish Pattern

The altcoin market has been patiently building its way for a huge breakout this bull cycle. In detail, analysts have been waiting for this since before the bull market began, except they were expecting this run to arrive in Q1 of 2025, a stage where, historically, the altseason peak hits. Traditionally, Q1 following a Bitcoin Halving year is when the altseason peak phase arrives, but due to unexpected circumstances, altseason was delayed this bull cycle

In detail, this bull cycle’s altseason peak phase was delayed due to the pioneer crypto asset Bitcoin (BTC) hitting a new ATH price before the Bitcoin Halving event took place. In response, the price of BTC pumped exponentially and rapidly, leaving ETH behind. In Q1, BTC went into a prolonged correction phase, allowing the price of ETH to finally bottom at $1,700. Eventually, ETH began to pump and reclaim the $3,700 price target by Q2 end.

Now in Q3, the price of ETH is closer than ever to breaking past the $4,000 supply zone. Analysts expect this breakout to be big, since it's been rejected 7 times and is now under extreme pressure. Once this barrier is broken, ETH will finally enter the price discovery phase, meaning ATHs above the 11,000 price range are highly likely for the price of ETH during the expected altseason phase

As we can see from the post above, it is not just Ethereum preparing for a bullish surge to new ATH prices, but rather the entire altcoin market. To highlight, the altcoin market cap has confirmed that altcoins are about to break out of this massive cup and handle pattern. The analyst in the post shared a chart to accompany his observation, and believes that the market isn’t bullish enough for what’s coming next

TOTAL3 Prepares for Significant Surge

Adding to the bullish trend is another observation on the TOTAL3 price chart. As we can see from the post above, altcoins seem to have just printed a new golden cross. Based on this observation, the analyst concludes that the last 2 signals on TOTAL3 led to multi-month pumps and that bears are about to get liquidated. Similarly, another analyst highlights bullish signals on the TOTAL price chart as well