Altcoins for Bull Run Profits: Here Are the Best Options
Analysts stress the importance of patience and diversification, holding at least 30 to 50 altcoins.
Currency 1: Injective
He said Injective (INJ), a coin that broke out of its previous all-time highs, is currently being retested, similar to Bitcoin’s historical performance. The analyst believes Injective (INJ) may be entering a significant uptrend, predicting it will replicate Bitcoin’s previous performance of retesting and then hitting new highs.
Currency 2: Solana
He draws attention to a bullish cup-and-handle pattern in Solana (SOL) and predicts that its long-term price could reach $800 to $1,000, but recommends taking profits if the price rises significantly.
Currency 3: XRP
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The analyst believes that XRP is in a massive accumulation phase and has yet to embark on its first major rise. He said that although its fundamentals are not as strong as Solana or Injective, XRP could still rise significantly.
Currency 4: Dogecoin
He said that Dogecoin has broken out of its previous range. Based on high time frame Fibonacci retracements, the short-term target is around $0.50. It could rise sharply, but it would be wise to take profits at resistance levels and leave some for further gains.
