Analyst Says Four Popular Altcoins Are Poised for Parabolic Rally, Warns of 'Last Chance'

While investors are confused by the sudden fluctuations in Bitcoin and altcoins, a German trader, Oliver Michel, predicts a parabolic rise for four notable cryptocurrencies.

Michel advises investors to swiftly acquire Dogecoin (DOGE), HBAR, XLM, and Cardano (ADA) before their prices skyrocket.

Explaining his reasoning, Michel emphasizes that these altcoins are poised to surge soon.

"During the Bitcoin rally in November-December 2024, Dogecoin (DOGE), HBAR XLM, and Cardano (ADA) provided significant gains for investors," he says. "However, their momentum has slowed since then, with the market experiencing bearish trends. I believe that's about to change rapidly."

Michel's analysis reveals similar patterns among the four altcoins. He notes that they exhibited substantial gains at the end of 2024, ranging from 3x to 7x. Subsequently, they entered a consolidation phase.

According to Michel, technical charts now indicate an imminent parabolic rally for these altcoins. He asserts that technical indicators present a lucrative buying opportunity for investors.

*Disclaimer: This information is not intended as investment advice.