The market is changing rapidly! 3 types of 10x potential coins worth buying the dip in a downtrend!
BNB
Binance Coin (BNB) has recently shown strong upward momentum, with its price rising 4.32% over the past week to trade above $730. Supported by favorable technical indicators, this steady rise suggests a potential breakout. The short-term price target for BNB is between $757 and $795, with the possibility of a bullish breakout reaching $840 based on the 1.272 Fibonacci projection. On the downside, the $705 support level, which aligns with the 100-day EMA, provides investors with a solid safety net.
DOGE
Dogecoin (DOGE) has seen increasing market activity, particularly from large investors (often referred to as 'whales'). The surge in trading volume exceeding $100,000 indicates a growing interest among participants. As market dynamics change, this trend may signal a potential price increase. Historically, January has been a favorable month for Dogecoin, with an average return of 85%.
ICP
Internet Computer Protocol (ICP) is a revolutionary blockchain designed to power decentralized applications (dApps) at internet scale. The native cryptocurrency ICP is currently trading at $11.04, maintaining a recent bottom support level of $9.76. Daily chart analysis shows that the ICP price has formed a classic reversal pattern known as a 'cup and handle'. The candlestick chart setup indicates a long-term accumulation phase shaped like a cup and a temporary pullback shaped like a handle. If valid, this pattern should lead to an 80% increase in the altcoin before challenging the neckline resistance at $15.65.
