The bull run and altcoin season is around the corner and could start any day. The overall market situation remains calm and many altcoins are still trading at low levels with endless potential. This creates fertile ground for big price swings, setting the stage for some altcoins to hit new all-time highs (ATHs) this year. With conditions ripe for growth, investors are eagerly awaiting the breakout moment. Which coins are showing the strongest signs of an impending surge? Which altcoins are poised to deliver life-changing returns? Learn which coins are poised for explosive growth in this article and are ready to transform your portfolio with their rise.
NEAR
NEAR Protocol (NEAR) has seen mixed price action, currently trading between $4.89 and $5.67. Bears appear to be losing control as the price approaches the nearest resistance at $6.04. NEAR’s value has risen by more than a third in 6 months, with solid growth potential. If the $6.04 resistance is breached, the next milestone of $6.82 could mean nearly another quarter of value gains. The relative strength index (RSI) and other indicators show positive momentum, suggesting that NEAR could surge higher in an ongoing bull run.
JUP is about to soar: Targeting the $1.22 milestone
Jupiter’s price action is showing signs of optimism. Currently, JUP is trading between $0.70 and $0.91, having gained 13% over the past week. Despite a 24% drop over the past month, the astounding 2,668% gain in six months suggests that its growth potential is huge. Bulls appear poised to break above the nearest resistance at $1.01, with the next target being $1.22. This would represent a gain of around 34% from the upper limit of its current range. With bullish indicators such as a rising RSI and a positive MACD, all eyes are on Jupiter as it aims to reach new heights.
UNI poised for a breakout amid mixed signals
Uniswap (UNI) is trading in the $8.75 to $9.80 range, showing some strength with bulls having a slight upper hand. The price is close to its 10-day and 100-day moving averages, suggesting potential growth. The Relative Strength Index (RSI) for UNI is 57.57, which shows moderate buying interest. The key resistance levels are found at $10.34 and $11.38. If these resistance levels are breached, we might see an increase of more than 20% from the current levels. However, the nearest supports at $8.23 and $7.18 provide a safety net. Despite the weekly and monthly declines, the growth rate in the past six months is close to 30%, suggesting strong recovery potential.
MATIC
Polygon (MATIC) is currently trading between $0.54 and $0.58, indicating a balance between bullish and bearish sentiment. With the nearest resistance at $0.60, MATIC is approaching a critical level that could spark upward momentum. The RSI is at 62.51, showing strong buying interest, and the MACD level is at 0.003, which adds to the bullish outlook. If MATIC breaks above the $0.60 resistance, it could quickly rise to the second resistance at $0.64, which would imply a possible upside of around 10%. Despite the recent slide, indicators suggest that Polygon has good bullish momentum ahead.
