Top 5 Altcoins to Watch This Cycle
1.Ton Coin ($TON )
Ton Coin is currently near mid-range resistance levels, but Doops sees any buy below this level as a potential bargain. He expects the price to rise towards $12 in the short term, with $6 being an ideal price for long-term investors. A breakout could happen by December or January, potentially triggering a strong rally.
2.Injective ($INJ )
One of the hot coins, Injective is at mid-range levels on its weekly chart. The price needs to reclaim $3 to target a move up to $4.50. Buying within the mid-range zone is a good reaccumulation strategy. Once it breaks above $3, the next target would be $4.50, with a further upside towards $7.20.
3.Render ($RENDER )
Render is showing a strong entry pattern, with a good chart setup for potential growth. Though very new on the list, the coin showcases a favorable price for investment in the coming months.
4.FET (Fetch.ai)
Fetch.ai is also in a bullish phase after consolidating, it is expected to move higher as the market cycle progresses. Investors should keep an eye on any retracement into support levels for a potential entry, as Fetch.ai might continue to perform well in the next market phase.
5.$ADA (Cardano)
With regulations at ease, Cardano has been consolidating its range and might be preparing for a breakout. Its strong fundamentals and development updates suggest a positive outlook. Investors should watch for a break above key resistance levels to confirm the continuation of the upward trend, aiming for long-term gains.
