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Ansem, a Crypto Influencer, Forecasts Low Volatility for the Major Cryptocurrencies This Summer
According to Odaily, crypto influencer Ansem forecasts a stable crypto market this summer, similar to last year, but anticipates greater volatility as the US elections approach.
Odaily reports that Ansem, a crypto influencer, has shared his forecasts on platform X, predicting that the volatility of major cryptocurrencies will remain low throughout the summer, comparable to the market conditions that prevailed during the second and third quarters of the prior year. Nevertheless, he foresees that the level of volatility will escalate in anticipation of the approaching US elections.
Ansem formulates his forecasts by conducting an analysis of prevailing market trends and the prospective ramifications of forthcoming political occurrences. According to his assessment, the cryptocurrency market is anticipated to remain comparatively stable throughout the summer, with no notable fluctuations in the prices of the principal cryptocurrencies.
It is anticipated that this will change, however, as the US elections approach. The electoral-related political unpredictability may contribute to heightened fluctuations in the cryptocurrency market. The perspectives offered by Ansem are of great worth to traders and investors strategizing for the coming months.
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