As Bitcoin climbs back above $60,000 and maintains its rally above $63,000, increasing trading volumes indicate a higher likelihood of the upward trend continuing. This unexpected surge in Bitcoin’s price boosts market optimism, which in turn fuels a bull run for altcoins.
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Many altcoins are seeing double-digit returns in just a day, igniting a widespread relief rally across the market. Given these favorable conditions, we’ve compiled a list of top altcoins with strong potential for a relief rally next week. Let’s take a closer look at their price analysis to navigate the market with more confidence.

Dogwifhat: Poised for a Breakout
Dogwifhat, emerging as a standout among meme coins, shows promising signs of a substantial surge as it prepares to break out from a triangle pattern. The recent price action of WIF suggests a double bottom reversal, hinting at a potential breakthrough past the overhead resistance trendline. This development could lead Dogwifhat to challenge the significant 50% trend-based Fibonacci level at $3.35.

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Moreover, a positive shift in the daily Relative Strength Index (RSI) line indicates an underlying bullish momentum, further enhancing the likelihood of an uptrend. Currently trading at $3.31, Dogwifhat exhibits a daily growth of 6.67% and forms the fourth consecutive bullish candle.

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If Dogwifhat successfully breaks above the $3.35 resistance level, it could propel towards the $5 mark and potentially reach even higher levels, possibly targeting $6.50. Investors and traders are closely monitoring these developments, eagerly anticipating a significant increase in the value of this popular meme coin.
Also Read:   DOGE- SHIB- PEPE Lead Daily Winners; BTC Hits $63K (Weekend Update)
CKB’s Potential Uptrend
Amidst a significant drop of 50% to the crucial support zone of $0.015, the Nervos Network’s native token, CKB, experienced a loss of dynamic support from the 50-day Exponential Moving Average (EMA). However, the presence of a demand zone at the psychological level prompted a swift reversal, challenging the 50% Fibonacci retracement level.

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Following a remarkable 16% overnight surge, the price of CKB currently stands at $0.018, reflecting an intraday growth of 2.95%. This growth coincides with the broader market’s sustained recovery rally, indicating the potential for a relief rally with additional market momentum to drive an uptrend in Nervos Network.
If the ongoing uptrend manages to break above the 50% Fibonacci retracement level, it could pave the way for a significant bull run, potentially propelling altcoin prices to reach $0.036. Investors and traders are closely monitoring these developments, poised for potential opportunities in the Nervos Network ecosystem.
FLOKI Meme Coin: Anticipating a Comeback

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Positioning itself as a top-performing meme coin, FLOKI demonstrates signs of a potential comeback in the upcoming week. The altcoin has broken out of a falling channel pattern and is on the verge of surpassing the psychological milestone of $0.00020.

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With an impressive intraday growth of 9.61%, the price of FLOKI currently stands at $0.000191, marking the fourth consecutive positive day amidst a volatile market environment. Moreover, bolstered by increased trading volume, the meme coin appears poised for a bullish rally in the coming week, with the potential to reach the $0.00030 mark.
Investors and traders are closely monitoring these developments, anticipating a resurgence in FLOKI’s value and potential opportunities in the meme coin market.

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In Summary
The altcoin market is getting ready for a relief rally as Bitcoin gets set for a possible surge, aiming to go past $65,000 next week. Since Bitcoin sets the tone for the market, altcoins could benefit from its positive momentum and see their prices go up. Some specific altcoins have caught the eye of investors and traders because they show strong potential to perform well. With good signs and positive feelings in the market, these coins could lead the way for the market to bounce back. People who invest and trade are keeping a close watch on these developments, hoping for a comeback in the altcoin market and chances to make profits in the upcoming rally.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #Ethereum #Crypto #Memecoins #Altacoins $BTC $ETH $SOL

Long and short double kill‼ Going short at 65200 and go long at 60800, complete long and short double kill‼ ️80,000 u easily won🤑🤑This wave of Bitcoin bull-bear dividing line 65200 is publicly given to everyone. I did not short Bitcoin, but did it on Ethereum according to the trend of Bitcoin. I did long on Ethereum at 3212, and then completed an increase in position during the decline, so the average price came to 3168.So I also mentioned the pressure level of 3168 in my previous article. The previous article also mentioned the pressure level of 3220, so both articles have made the pressure level very clear. The pressure level of Ethereum is between 3168 and 3220, so this time the highest point of Ethereum's rise came to 3200. 19, so our short order entered the market accurately. Then I held the short order for three whole days, and I was waiting for the bottom to appear. We thought there might be a big crash before, because we definitely hope to receive the lowest point when we take the long order. So we assumed that a big crash would occur, and we thought that the extreme difference increase of the big crash would be in the area of ​​2758~2688. Then yesterday was the third day of our short position. So we prepared two plans at that time. The first plan was that if a big crash occurred, the difference would be in the area of ​​2758~2688, and we would go to another room to connect to the other room without a big crash. Ah, then we paid in to connect to the long position at 2958, which was slowly falling. I have written about this in my articles. One situation is a crash, and there is no crash and a slow decline. There are two long positions. Because there is no market that can be predicted absolutely, there is only a trading plan that can absolutely deal with the market. This is a sentence I often say to everyone, so at this time we give everyone two plans, one is to connect to the long position at 2958 if there is no big crash, and the other is to connect to the long position at 2758 to 2688 if there is a big crash. Then yesterday, at the new unbroken lowest pin 2958, we came to the first support level I gave you. It was written in the previous article, and you can go and see that the first support level given to you is 2928~2958. Yesterday, the lowest point reached 2956, which just hit our first support level. So we entered the market with long orders, completing a wave of long and short kills.