Bitcoin's pullback is for a better rise; layout 3 types of altcoins that may increase 10 times in the future!
1. ELF
Like many altcoins, aelf (ELF) has seen significant price fluctuations this year, mainly leaning towards a bearish trend. However, recent developments indicate that aelf has bullish growth potential. Positive regulatory changes and technological advancements have facilitated the steady development of aelf, supporting broader cryptocurrency adoption.
Additionally, external factors such as the launch of Bitcoin ETFs and improvements in compliance among major exchanges have played a key role in boosting market sentiment. These changes could help aelf achieve an average price of $3.50 and reach $4.75 by 2025.
2. STX
Stacks (STX) is a cryptocurrency linked to the Bitcoin network that has recently shown remarkable growth. Its price has increased by 8% in the past 24 hours to $2.22. With a market capitalization of over $3 billion, STX has entered the list of the top 45 cryptocurrencies by market cap. Meanwhile, its trading volume soared by 132.73% in the past 24 hours, currently reaching $780.58 million.
STX and Bitcoin (BTC) exhibit a strong correlation with a coefficient of 0.86. This makes Stacks a high-beta asset within the Bitcoin ecosystem, providing leveraged exposure for those looking to gain more from Bitcoin's movements.
3. ICP
The cryptocurrency market continues to maintain a bullish momentum, with Bitcoin (BTC) surging 50% in the past 30 days, reaching a historic high of $99,502. Altcoins have also followed closely, with Internet Computer (ICP) achieving success. In the past 24 hours, ICP has risen by 11.63%, bringing its weekly increase to 36.48%. ICP has successfully broken through the upper resistance trend line of a descending triangle pattern, showing bullish momentum. This breakout pushes the price above the key resistance area between $10.20 and $10.90. If ICP decisively breaks through this range, it could trigger a new round of increases, with $13.00 and $14.00 becoming the next important resistance levels.
The daily chart reflects a strong bullish structure after the breakout. The Relative Strength Index (RSI) is at 66.28, giving ICP more room for upward movement as it enters the overbought zone.
