Crypto Market Sees Renewed Activity as BTC Surpasses $65,000.
Renewed activity in popular cryptocurrencies has captured attention, with the BTC price exceeding $65,000 providing a boost to traders. For the past six months, altcoins have shown weakness, moving within a narrow range. As we enter the most critical days of the final quarter, anticipated movements in altcoins are expected to commence.
FLOKI Coin and Altcoin Insights.
Crypto Wealth recently highlighted the TOTAL3 chart tracking the total market capitalization of altcoins, excluding BTC and ETH. The chart points to a significant yellow line, which, according to analysts, if broken, could signal the beginning of a bull market for altcoins.
This situation could pave the way for profits exceeding tenfold for various altcoins, including FLOKI Coin. Analyst Jelle shared insights on the FLOKI market, noting that a strong upward movement is about to begin, with little resistance remaining.
"FLOKI has started to rise again as expected. There is very little standing in the way of reaching the first target. It's time to hold on tight and enjoy the show."
SOL and NEIRO Coin Analysis.
The largest Ethereum competitor, Solana (SOL), has also begun to rise. Despite several attempts to achieve new all-time highs this year, bulls have struggled, but they may reach their goals in the final quarter. Analyst Crypto Tony believes that rallies will gain momentum with daily closes above $164, although SOL Coin has only benefitted short-term traders for months.
"Closing above $164 will be a key moment for the bulls."
Finally, analyst TraderSZ focused on the NEIRO Token, which hasn't yet experienced a bull market. While some altcoins saw massive gains in 2021, many also plummeted to zero. It's uncertain which category NEIRO will fall into, but the analyst expects it to exceed a market value of 1 billion dollars soon.
Beyond that, targets of 1.25 and 1.5 billion dollars are set. Considering its current market value of 861 billion dollars, this could signal a significant rally.
