VELO Pump to $1.80 and a 136x Inches Closer As Altcoin Sees Massive Consolidation Awaiting Bullis...

Altcoin VELO pump tp $1.80 and a 136x inches closer.

The asset sees massive consolidation and is awaiting bullish effect on prices

Several altcoins are showing incredibly bullish indicators on their price charts.

Several altcoins are growing more and more bullish as Bitcoin prepares to reclaim its 6-digit prices amid anticipation for altseason’s arrival. Many altcoins, including Ripple’s XRP and Cardano’s ADA are in the lead, and joining them in bullish fervour is VELO. One analyst highlights how a VELO pump to $1.80 and a 136x inches closer as the altcoin sees massive consolidation and awaits a bullish effect.

VELO Altcoin Sees Massive Consolidation

The expectation for altseason to arrive has been a brutal one this bull cycle. Based on previous bull market data, the prices of altcoisn should have pumped towards new ATHs already. In detail, every altseason so far has arrived in Q1 following a Bitcoin Halving year. This year, the pattern seems to have changed. Analysts believe this could be a sign that the 4-year cycle bluprint may no longer be in play.

Meanwhile, other analysts believe that this cycle is experiencing a delayed altseason due to the fact that Bitcoin pumped hard and fast this bull cycle and that it set a new ATH much earlier than previous cycles. In turn, the crypto market enteres a prolonged and much-needed correction phase in Q1 resulting in what analysts to be a much healthies market that can welcome a stronger altseason peak phase

Furthermore, altcoins have been showing bullish signals since long before the Bitocin Halving event, meaning that these many capable and highly potent altcoins have not been shaken by all the market dips and corrections so far and are just waiting for possibly just one trigger event that could push the crypto market into finally ushering in the peak altseason phase and send altcoins to hit a string of new ATHs of their own, much like Bitcoin.

VELO Price Could Pull a 136x Pump to $1.80 Bull Target

While some altcoins like FET, SUI, and ONDO already went on to set new ATHs earlier this cycle, those same altcoins, along with many other altcoins like VELO are showing massive indicators for parabolic pumps in the coming months ahead. With ETH pump pricing set as a possible trigger to ushering altseason peak activity, analysts are growing more bullish, taking this consolidation as time to heavily accumulate the most potent and capable altcoins

As we can see from the post above, this reputed and popular crypto analyst highlight how VELO has, over the past few years, by momentum, has been in a massive consolidation that could finally result in a drastically bullish effect on VELO price. He concludes that out of this consolidation, which may likely be in its final stages, could enter a run towards the $1.80 target and pull a 136x pump.