๐ฑ๐๐ 3 Altcoins with Big Breakout Potential! ๐
Altcoins To Watch Out For:
- With a massive crash in 2024, the APT price action reveals a double top in the weekly chart.
- After taking rejection from the massive supply at $20, the altcoin drops near the crucial support level of $5.
- This week's rapid reversal of 11.45% signals a potential trend reversal. If APT stays above $4.72, a double bottom reversal could lead to a strong bullish momentum.
- Buyers might reclaim the $10 mark!
2. InvariableX ($IMX ):
- Similar to most altcoins, the IMX price trend reveals an ongoing correction, with a 65% decline from yearly highs.
- The weekly chart shows a head and shoulders breakout rally leading to new lows this quarter.
- The decline below the psychological level of $1.50 finds support at $1.162 at the 78.60% Fibonacci level. Now trading at $1.25, it's signaling a rebound with a morning star pattern.
- A possible retest of the bearish pattern could see IMX rise to the 50% retracement level of $2!
- The decline on the daily chart leads to a falling wedge formation in the OP price action.
- The bearish bull cycle has increased by 28% in the last 4 days, signaling a potential trend reversal.
- With bullish divergence in the MACD indicator, buyers are ready to challenge the 23.60% retracement level and the overall trend line.
- The bullish sentiment could trigger an explosive rally, reaching the 50% Fibonacci level at $3!
๐ Current Prices:
- APT: $6.13 (+1.15%)
- OP: $1.704 (+1.85%)
- IMX: $1.3044 (+5.51%)
Keep these altcoins on your radar for potential big gains! ๐๐ฅ
#Altcoins #Write2Earn! #SOFR_Spike #CryptoGems #BinanceTurns7
