The crypto market is currently experiencing intense price drop pressure. Bitcoin’s decline has led to widespread panic among investors. Despite this, a possible bull run is on the horizon. Altcoins, although still at their lows, are showing signs of potential growth. The present market dump could be the calm before a storm of upward trends in the altcoin sector. Enthusiasts and investors are keenly watching which cryptocurrencies are poised to explode. This article delves into which altcoins are ready to seize the moment and kick off a new season of growth. Everything points to an exciting shift, and the following insights will reveal the coins set to lead the charge.
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Cosmos (ATOM) Rebound Anticipated Amid Altcoin Surge
Despite the recent dip, with ATOM’s price hovering between $6.39 and $7.10, the signs point to a potential rebound. Bulls may appear weak now, but the past tells us recovery is on the horizon. If ATOM can push past the $7.46 resistance level, a rise towards $8.17 is plausible, marking over a 23% gain from current levels. With RSI and stochastic indicators at notably low levels, this altcoin shows promise for growth during the anticipated bull run. As patterns from 2021 repeat, we might witness ATOM reclaiming lost ground swiftly.
Mantle’s Potential Bull Run: Will MNT Defy the Bears?
Mantle (MNT) is hovering between $0.74 and $0.83, showing resilience despite recent dumps. Bears seem weak with the token showing signs of potential growth. If MNT breaks the $0.86 resistance, it could quickly climb towards the $0.95 mark, a potential gain of about 15%. Support levels at $0.69 and $0.61 act as strong downside cushions. With an RSI of 20.90, MNT appears oversold, hinting at a bullish reversal. The 100-day SMA at $0.75 signals more room for upside. Even with a recent drop, MNT’s six-month change is positive, suggesting bulls might soon take control.
Jito (JTO) Could Surge Despite Recent Setback
Jito (JTO) is facing a bearish trend with a current price range of $2.10 to $2.75. Over the past week, it dropped by close to thirty percent, and for the month, it’s down over fifty percent. However, it has shown resilience with a six-month increase of about two percent. Bulls currently appear weak, but with an RSI near thirty, it suggests Jito is oversold. If it can break the nearest resistance at $3.07, the next target is $3.72. That means it could potentially rise by over forty percent from current levels, aligning with past bull run patterns in the crypto market.
Polygon (MATIC) on the Brink of a Major Breakout Despite Recent Lull
Polygon (MATIC) is currently trading between $0.54 and $0.58. Despite a recent drop of nearly 22% in just one week and a staggering 38% over the past month, the coin shows signs of a potential breakout. With the nearest resistance level at $0.60, bulls might set their sights on the next resistance of $0.64, marking an increase of around 10%. The simple moving averages indicate strong support, and the low Relative Strength Index (RSI) suggests it’s oversold. Once momentum builds, MATIC could potentially rise by up to 15% in the short term, pushing it to new heights.
Conclusion
ATOM, MNT, JTO, and MATIC have less potential in the short term. CYBRO, a technologically advanced DeFi platform, offers investors unparalleled opportunities to maximize their earnings through AI-powered yield aggregation on the Blast blockchain. With features like lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience characterized by seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io
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