Although the cryptocurrency market has been experiencing declines recently, Bitcoin’s recovery has revived hopes among investors. Bitcoin had fallen to $92,000 four days ago, but is currently trading at $94,000. This recovery has excited investors and increased expectations that the altcoin season has begun. During this period, 5 altcoins that are expected to see major increases stand out. Here are 5 altcoins that analysts have drawn attention to and their price predictions…
Altcoin Season Favorite: SUI - Target $40$SUI
SUI has become one of the most notable altcoins this bull season. It is trading at $4.51 today, up 4.17%. Technical analyst Mags predicts that SUI could reach $40, while analyst Raoul Pal called SUI “The Chosen One.” Pal made the following statement:
"This altcoin continues its bull run."
SUI’s performance continues to attract investors’ attention. If the uptrend continues, the $40 target is expected to be within reach. However, it should be noted that investors should manage their risks well, given the volatility in the market.
Cardano continues to be one of the projects that draw attention during the altcoin season. Although ADA has recently fallen below the $ 1 level, analysts expect ADA to exceed its all-time high of $ 3.10 and reach $ 14. Dan Gambardello stated that ADA’s market value could reach $ 500 billion this season.
Similarly, Chainlink (LINK)$LINK
It also shows a strong outlook. LINK, which is trading at $24 today with a 5.4% increase, can rise to $30 according to analyst Valeriya. However, it is important to set the stop-loss level at $22 in terms of risk management. Valeriya said, "LINK is moving with strong buyer support and this can create opportunities for long-term investors."
Aptos (APT) and Chiliz (CHZ): Attractive Opportunities for Investors
Aptos is an attractive buy for investors, despite losing 35% in the last seven days. Currently trading at $9.48, APT is “a good buy at this level,” according to analyst Queen Zoe. Investors are encouraged by APT’s signs of a recovery.
Chiliz (CHZ) is notable for its low market value. Analyst Abitak noted that CHZ is currently trading 90% below its all-time high. He emphasized that this price offers an attractive entry point for long-term investors. CHZ continues to attract investors with its strong fundamental data.
Altcoins such as SUI, ADA, LINK, APT, and CHZ offer great opportunities to investors, and these projects are expected to explode with the start of the altcoin season.