Bull Run Started! Top Low-Cap Altcoins Set to Rise 10x! As the cryptocurrency market exploded overnight, Bitcoin and altcoins began to enter a bull run.
In addition, as the discussion around the Ethereum ETF became heated, the upward momentum of altcoins also increased sharply.
As the possibility of Ethereum ETF approval increases, smart money is looking for altcoins that could be directly bullish.
To make it easier for you to buy, we have selected the best low-cap altcoins. So, let’s take a closer look at the price analysis of these altcoins to find potential targets and entry points.
1. Manta Network (MANTA)
The market cap of MANTA token is $418 million and the price saw a bullish reversal overnight. The trend reversal led to a 17% increase in the past 24 hours and a surge in trading volume.
The bullish reversal of the altcoin shows a descending channel breakout in the 4-hour chart. This increases the possibility of the bullish trend continuing. Trading at $1.67, the potential potential uptrend is over $5 if the momentum continues.
2. Loopring (LRC)
As a staunch player in the Ethereum Layer 2 space, the LRC token offers a lucrative entry opportunity for OTC traders. A bullish reversal from the 23.60% Fibonacci level has seen the altcoin price rise by 16% in 48 hours.
LRC price is rocketing higher as bullish momentum builds with increasing trading volumes. Additionally, the Fibonacci level projects an upside target of $0.7731 if an Ethereum ETF is approved.
3. Metis (METIS)
The METIS token has broken above a short-term resistance trendline as the market turns bullish. With ETH price rising last night, the breakout gains pace as the ETF decision trend emerges.
With a market cap of $434 million, METIS is trading at $76.83, challenging the 50% Fibonacci level. This rally bounce signals a potential surge in the coming days. According to the Fibonacci retracement levels, the altcoin could reach the $200 mark if the ETH ETF is approved. 4. Bitrock Bitrock is an Ethereum sidechain that runs on a Proof of Authority (PoA) blockchain and offers near-zero gas fees. After a few days of consolidation, BROCK price is preparing to rise from 0.The psychological support level of $10 reversed.
Altcoins are showing a reversal rally gaining momentum as the chances of an Ethereum ETF approval increase. BROCK token rose 16.92% last night and is expected to rise sharply this week.
According to the Fibonacci levels, the altcoin may rise to the $0.30 mark. Optimistically, the ETF approval may push the BROCK price to $1.
5. Myria (MYRIA)
Myria is another layer 2 scaling solution for Ethereum that has shown great potential this week. With the idea of expanding NFTs, games, and more, the project has made a splash in the list of Ethereum layer 2 solutions with a 21% gain last night.
With the trendline breakout, the MYRIA token is showing a successful jump after a retest. This is in line with last night's rise and the increased discussion around the Ethereum ETF.
As the altcoin signals a high chance of a trend reversal, the Fibonacci levels expect the MYRIA token to target $0.013 this week.
Conclusion
As the bull run across the market begins to accelerate, these altcoins are expected to see bullish price action. With the upcoming launch of the Ethereum ETF, the increase in trading volume could lead to a significant rise in the aforementioned altcoins.
