Top Altcoins Set for 50% Rally Next Week!
As the global crypto market cap surpasses $2.10 trillion, the price of Bitcoin has successfully regained the $60,000 mark. Moreover, with a jump of 10.63% in the last week, it is currently priced at $60,226.36.
Following this, altcoins have experienced significant growth in their respective valuations. Notably, some marks have recorded 3-digit gains with increased whaling activity.
Like “Is this the right time to invest in crypto?”, “When will AltSeason start?” With questions like and “Has the bull run begun?” They are starting to climb. We have covered the top 3 altcoins that have the potential to register a significant increase in their respective portfolios.
Neural Network (CKB)
Defying all odds, CKB's price rose 20.86% in the last day and 113.82% in the last week. Moreover, it has gained ~120% in the last month and its YTD return is 334.62%. Notably, it made it to the list of top 100 cryptocurrencies in its recent Price Pump.
The 50/200-day EMA recorded a strong bullish curve in the 1D timeframe. Moreover, it shows a high probability for a golden cross, which indicates an optimistic outlook for the altcoin in the coming period.
Keeping the price above the $0.0151 support level will set the Neural Network price at the $0.0205 resistance level this month. However, a bearish reversal may drag the price of CKB to the lower support level at $0.010.
Also read, Terra LUNA Price Forecast 2024 – 2030
earth (moon)
Despite the increase in price volatility, the price of Terra has increased by 5.17% in the last day and 28.70% in the last week. Moreover, with a 30-day increase of ~35%, this altcoin reached the 158th position in terms of market capitalization at $296.92.
The Relative Strength Index (RSI) is on the verge of crossing overbought territory. This shows the increase in value for LUNA coin in the crypto market. Additionally, the moving average trendline shows a rising pattern, suggesting that the price will continue to gain value.
If the market continues to rise, the price of Terra LUNA 2.0 will break out of the resistance level of $0.50 and reach the high resistance level of $0.7315. On the contrary, bearish action could drag the price towards the critical low of $0.2825.
Celestia (TIA)
TIA stock added ~10% to the portfolio over the past day with a trade volume of $125.15 million following the market sentiment. Moreover, it jumped to 19.59% in the last week. This kept the price above the critical support level of $3.925.
The moving average converging divergence (MACD) shows a growing green histogram in a 1D time frame. It also indicates that the average TIA price will continue to rise in the coming week.
If the bearish sentiment strengthens, Celestia's price may retest the trendline resistance at $7.430. Conversely, if bears continue to dominate the crypto market, it could retest the yearly low of $3.925.
Also read Celestia Price Prediction 2024 – 2030
