🚀 3 Cryptocurrencies To Watch Out For Next Week; DYDX, APE, INJ

📰 Featured Cryptos: DYDX, APE, INJ

1. DYDX: Healthy Retracement Signals Potential Rebound

DYDX has been on a robust recovery path since mid-October, experiencing a notable 146% increase. Despite a recent 34.5% pullback, the coin remains above the crucial 50% Fibonacci Retracement Level, indicating a healthy correction. Trading at $3.4, DYDX is exhibiting signs of regaining momentum, aligning with a Rounding Bottom reversal pattern. This suggests the potential for a sustainable rally towards the pattern's neckline at $7.17.

2. APE: Bullish Pattern Sets $2 Target

Apecoin's price momentum turned positive in mid-October, registering a significant 65% increase to its current trading price of around $1.72. Marked by a 'Cup and Handle' pattern, a classic indicator of bullish reversal, Apecoin experienced a clear breakout above the pattern's neckline resistance on November 25th, accompanied by increased trading volume. With this bullish trajectory, there's potential for a 22% uplift, possibly reaching the $2.11 threshold.

3. INJ: Impending Breakout in the Face of Market Volatility

Injective (INJ) has navigated recent market volatility with a sideways movement, indicative of a bullish continuation pattern known as a pennant. Currently trading at $16.7, INJ is displaying a potential for a decisive breakout. While experiencing a 2.48% intraday loss, the recent reversion from the pattern's upper trendline suggests an imminent move

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