7 Altcoins To Dodge In Next Week’s Trades

-PEPE Coin (PEPE)

Growth Potential Amid Market Downturn

Despite a recent 14.78% decline, PEPE shows resilience by bouncing back from the 50D EMA support. This indicates a potential bullish turnaround, with an upside target of $0.00002198 in June.

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Dogwifhat (WIF)

Buy Opportunity at Support Levels

Dogwifhat offers a buy opportunity following an 11.58% drop. The altcoin maintains an ascending trendline support, suggesting a potential recovery to $4.75 as it continues its uptrend.

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Singularity.NET (AGIX)

AI Token with Rebound Potential

AGIX, an AI token, has faced a 14.52% decline but holds strong at the 200D EMA support. The rejection at lower levels hints at a rebound, aiming for the $1 mark, supported by a 23.60% Fibonacci retracement.

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Ocean Network (OCEAN)

Poised for a Breakout

OCEAN, currently forming a declining triangle, tests the 200D EMA after a 9.67% drop. A bullish reversal could lead to a breakout, pushing the price toward the $1.40 mark.

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Notcoin (NOT)

Ready for New Highs

Telegram’s meme coin, Notcoin, finds support above the 50D EMA after dipping below $0.020. A rebound suggests potential growth to $0.050, leveraging a strong uptrend and 1.618 Fibonacci level.

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Aptos (APT)

Facing Increased Supply

Aptos will unlock 11.31 million APT tokens, worth $96.36 million, on June 12, accounting for 2.58% of its supply. This could increase selling pressure as the market absorbs the additional tokens.

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Starknet (STRK)

Significant Unlock Ahead

Starknet is set to unlock 64 million STRK tokens, valued at $76.16 million, on June 15, representing 4.92% of its supply. This could lead to further price declines as new tokens enter the market.

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Immutable (IMX)

Preparing for Token Release

Immutable will unlock 25.53 million IMX tokens worth $53.36 million on June 14, which is 1.72% of its supply. This may lead to a price drop as the market adjusts to the new supply.

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CYBER

dydx (DYDX)

Moonbeam (GLMR)

1inch (1INCH)