Top Altcoins to Buy Now for 50x Profits in this Crypto Bull Run
Recently, Kyle Dopps, host of the Crypto Banter trading show, revealed several new altcoins that were not part of previous market cycles. Altcoins have not yet broken, he sees potential high signs. Kyledoops believes that once key resistance levels are breached, dips can create buying opportunities.
With Bitcoin's dominance down by 58%, expect altcoins to come into focus soon, creating favorable conditions for an explosive altcoin season. Reflecting on past cycles, popular coins like XRP, Litecoin, Solana and Cardano have made huge gains, and Kyledoops expects similar success in the future.
The 9 best Altcoins to appear in this cycle
Your corner (ton)
Starting with the ton coin, the analyst said that on the weekly chart, the ton coin is at a mid-range resistance position, but any buy below this level is considered a bearish zone. The expectation is that the ton will rise to $12 in the short term. Moreover, the best buy is considered suitable for long-term use at around $6. A split in December or January can be a big month for price increases.
Casper (CSPR)
Moving along the list, Casper is gaining support at the mid-range level. After the 2023 bull run, Bitcoin could see further gains up to $0.28–$0.30. For long-term holders, around $0.14 is recommended. A break above $0.18 indicates potential upside.
SUI
On the downside, the Sui is consolidating after hitting the 1.618 FIB extension. A short pause and consolidation is expected before moving towards $6.65. If Bitcoin sees a big dip, the Sui could fall to the $2 range, which would be a prime buying opportunity. The long-term outlook is positive, strong growth is possible.
injection (INJ)
One of the hot coins, Injective is in the middle position on the weekly chart. Price needs to recover $3 to plan a move to $4.50. Buying in the middle range is a good collection strategy. Once it breaks above $3, the next target will be $4.50, with further increases to $7.20.
Provider (RNDR)
A good chart setup is showing a strong entry pattern with potential upside. Although it is fairly new on the list, the coin will show a favorable value for investment in the coming months.
FET (Fetch.ai)
Fetch.ai is at a higher level after consolidation, and is expected to move higher as the market cycle progresses. Investors should keep an eye on any entry towards support levels as Fetch.ai may continue to perform well in the next market phase.
XLM (Stellar Lumens)
Although not much has been said, XLM is in a strong position to gain momentum as it continues to build momentum and show signs of growth. With the ongoing developments in the constellation network, the outlook is very bright. It would be best to buy near the support levels, aiming to break the upcoming bullish levels.
ADA (Cardano)
While the rules are simple, Cardano is consolidating its territory and may be preparing to break even. Its strong fundamentals and growth updates suggest a positive outlook. Investors should look for a break above key resistance levels to ensure continuation of the uptrend, aiming for long-term gains.
matic (polygon)
Analysts off the list concluded that Polygon has a strong presence in the market, which has the potential to boost the growth of decentralized applications and the Ethereum ecosystem. Look for a dip in price to buy into Polygon as the network continues to grow and attract more adoption in the DeFi space.
Out of these 9 hidden gems, what will be your pick for the upcoming altcoin season?
