- Altseason anticipation leads to analysts taking a closer look at their favourite altcoins.
- The WadzPay is eagerly hoping to see a price reversal for WTK with the WPC launch.
- WTK price chart just broke out of a downward trendline signaling bullish pumps ahead.
Expectations for altseason to arrive are high but only after a unanimous market dip led by Bitcoin (BTC) price dropping towards the $40,000 to $47,000 price range. With many analysts certain that the crypto market will recover only after a major price dip, the expectation for altseason to follow soon after is very strong.
In the eyes of many analyst the crypto market has been in a correction phase since the last 6 months. Similarly, others believe a major bear trap in in play and bitcoin and altcoins will move towards a new ATH in the coming months once the final market dip plays out.
Analysts Keep a Close Eye on Altcoin Charts Amid Altseason Anticipation
This leads many altcoin holders to closely watch the price charts of their favorite cryptocurrency. Another sign indicating the arrival of altseaon is the highly bullish signals analysts are observing within several altcoin price charts. These include Cardano (ADA), Shiba Inu (SHIB), VeChain (VET), and WadzPay (WTK).
In particular, WadzPay (WTK) has had a rough couple of months. The WTK community faced a few hard questions as the project hit a few speed bumps. Due to leadership changes and failure to meet tier-1 listing expectations, the price of WTK took a tumble leading to many holders panic selling and jumping ship.
WadzPay (WTK) Breaks Out of Downward Trendline
Meanwhile, long-time believers of the project have been keeping a close eye on the project’s slow and steady accomplishments. Adamantly defending the project with these milestones and accomplishments, diamond hands in the WTK community stand strongly by the WadzPay team.
Now, analysts expect a major turn of events for WadzPay as the project nears its promised date for the WadzPay Chain (WPC) launch. The project has met its many goals over the past few months and based on the asset’s price chart movements, WTK has managed to break a downward trendline with success. The analyst believes that with just a few more successful moves, WTK price will march upward once again.
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