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Several cryptocurrencies, including Ethereum, are ready for an altcoin rally.
The ongoing rise of Bitcoin, strangely enough, strengthens hopes for its imminent pullback and altcoin rally. Last week, several altcoins began to show a steady recovery.
Despite being in the red for the month, they are projected to have growth potential in the coming weeks. One of the factors to watch is Bitcoin's dominance. If its position begins to weaken, this could trigger an "altcoin season."