The recent bearish trend in the crypto market have prompted many to speculate about the market’s next movements. Among these speculators, analyst Dan Gambardello’s latest insights suggest a bullish future for the market.
Gambardello’s recent analysis points towards the potential of the market’s upcoming bull run to surpass previous cycles in its strength.
Highlighting Potential Top Performers
In his breakdown, Gambardello has particularly emphasized the potential role of Ethereum (ETH) and XRP in the next bull cycle. Gambardello believes that these altcoins are positioned well.
Particularly, with Ethereum benefiting from the recent filing for a Spot Exchange Traded Fund (ETF) petition and Ripple gaining an edge due to its legal battles with the US Securities and Exchange Commission. Such events are pivotal according to the analyst and could potentially act as catalysts in driving their prices up.
The analyst’s bullish stance doesn’t end with these two altcoins. Gambardello underscored the myriad of positive developments within the current market, emphasizing that these foundational steps could significantly influence the next bull run.
It’s not just about market dynamics; according to Gambardello, the legal framework is seemingly aligning in favor of the crypto community, which could further bolster the market’s momentum.
Notably, while the crypto market has seen a plethora of bullish price action in recent times even during the ongoing bearish market
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Author: Samuel Edyme