Significant political changes could spark extraordinary growth in certain lesser-known cryptocurrencies. Some experts predict that upcoming events might serve as a catalyst for these digital assets to soar by unprecedented percentages. This article delves into which altcoins could be poised for immense gains and examines the factors that might drive this potential surge.
Polkadot Surges Towards New Highs Amid Bullish Momentum
Polkadot (DOT) has seen impressive growth recently, with a monthly price increase nearing 100%. Trading between $5.98 and $11.10, the coin shows strong upward momentum. The Relative Strength Index is around 32, indicating room for further gains before hitting overbought levels. The nearest resistance is at $13.37; breaking this could propel DOT toward the next target of $18.49, marking significant potential upside. The 10-day simple moving average is slightly above the 100-day average, signaling a positive short-term trend. With altcoin season on the horizon, Polkadot could be poised for substantial growth in the coming weeks.
Polygon Gears Up for Growth: Eyes on Breaking $0.75 Resistance
Polygon (POL) has seen its price increase by over 16% in the past week and over 60% in the past month. Trading between $0.44 and $0.66, it’s approaching the nearest resistance level at $0.75. The 10-day and 100-day simple moving averages are both around $0.55, showing recent momentum. With the Relative Strength Index at 35.34, there’s room for upward movement before hitting overbought levels. If Polygon breaks through the $0.75 resistance, it could target the next level at $0.96, offering significant growth potential. The positive trend suggests Polygon might continue to rise, aligning with the anticipated altcoin season and crypto bull run.
Is Cronos (CRO) Poised for a Breakout Amid Altcoin Season Hype?
Cronos (CRO) has experienced a significant surge, rising over 135% in the past month. Currently trading between $0.1608 and $0.2215, the coin shows strong momentum. The RSI is at 26, indicating it’s oversold and may be due for a rebound. If CRO breaks the nearest resistance at $0.2511, it could target the next level at $0.3118, offering considerable upside. The 10-day moving average is approaching the 100-day average, hinting at a bullish crossover. With the anticipated altcoin season and a global crypto bull run on the horizon, CRO might continue its upward trajectory, aligning with market optimism.
The Sandbox (SAND) Poised for Breakout as Bull Run Gains Momentum
The Sandbox’s price has surged recently, showing an impressive monthly gain of more than double its value. With the current price nearing $0.95, surpassing both the 10-day and 100-day moving averages, bullish momentum is building. The next resistance level is at $1.13, and breaking through could propel SAND higher, possibly towards $1.62. The recent low RSI and stochastic values suggest that SAND was oversold but is now recovering, signaling potential for further growth. As the altcoin season approaches, The Sandbox is positioned to ride the wave, potentially achieving significant gains from current levels.
Conclusion
While DOT, POL, CRO, and SAND may offer less immediate potential