Altcoins News
By Maheen Hernandez
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Rare Technical Alignment Ignites Rally. In a video update on August 12, Kevin revisited his May forecast for an “ETH season” — a period in…
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Indicators Show Strong Uptrend Potential. One of the standout signals was the monthly Stock RSI, which displayed what Kevin described as an…
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ETH Dominance and ETH/BTC Charts Align. Kevin emphasized that this bullish alignment wasn’t limited to the ETH/USD chart.
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The Final Hurdle: All-Time High Resistance. Despite the overwhelmingly bullish technical backdrop, Kevin urged caution.
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Outlook for Ethereum and Altcoins. If Ethereum can decisively clear the $4,850 level, Kevin believes it could enter open price…
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Ethereum (ETH) is making waves in the crypto market after lighting up a rare set of technical signals that one analyst describes as a “once-in-a-decade” bullish confluence.
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However, Kevin warns that while the rally is unfolding almost exactly as he projected months ago, the asset still faces one critical resistance level that could decide whether…
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In a video update on August 12, Kevin revisited his May forecast for an “ETH season” — a period in which Ethereum outperforms Bitcoin and drives broader altcoin gains.
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“We were probably the first people flashing these warning signals on ETH… it was so blatant and so obvious… something historical,” Kevin said.
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The rally, Kevin explained, began with a rare monthly demand candle at a major support level — a technical formation that in past cycles has preceded massive multi-month rallies.
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Meanwhile, the MACD histogram — a key momentum tool — had been tightening since late 2019. Kevin pointed out that Ethereum’s monthly MACD line has now crossed above the signal…
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Adding to the conviction was the whale money flow indicator, which reversed from the lowest readings in Ethereum’s recorded history.
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Kevin emphasized that this bullish alignment wasn’t limited to the ETH/USD chart. On the ETH dominance chart — which measures Ethereum’s share of the total crypto market — he saw…
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The ETH/BTC chart told a similar story. Kevin argued that Ethereum has likely already bottomed against Bitcoin, setting the stage for a potential period where ETH leads altcoin…
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Despite the overwhelmingly bullish technical backdrop, Kevin urged caution. Ethereum is still trading below its previous all-time high of around $4,850, a level he calls a…
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