Not a trap, a list of Altcoins that survived the storm
Bitcoin could hit new all-time highs, and altcoins are poised for a big recovery, according to Crypto Banter's The Sniper Trading Show analyst. With the bulls holding tight to a strong support line, the analyst said one should support another pullback on the horizon. This upcoming dip could create prime buying opportunities for savvy investors.
He explained that recent market movements have made it clear that tokens are resilient and poised for growth. Bullish sentiment is slowly returning, and it is important to focus on coins that have shown strength in past rallies.
Key Altcoins to Watch
Needle (INJ): Needle is at a critical point, showing a higher low, indicating the possibility of an upward move. As an investor, this is an encouraging sign; Occurrence of this zone can result in high profits.
Phantom (FTM): Phantom remains aggressive but is currently experiencing a setback. Analysts suggest that a return to $0.55-$0.50 could provide an attractive buying opportunity. If Phantom successfully tests this zone, he could be poised for a significant rally.
Thorchain (RUNE): Thorchain is also showing promise. If it returns to the $4.50–$5.00 range, this could be a good entry point for investors looking to maximize its potential.
Stack (STX): This token offers a solid entry point for investors looking for promising assets in the current market.
Dogecoin (DOGE): Interest in meme coins is growing again, with talk of a “meme coin supercycle.” This could create new opportunities in tokens that are typically considered speculative.
Summary:
Last week's sudden decline was likely fear-driven by news events, but it serves as a reminder to stay calm. We may be moving on to another trial soon, but there are still opportunities ahead.
