While artificial intelligence and meme coins take center stage among top performers, certain altcoins are gearing up for moonshots. Despite a brief pullback in Bitcoin and top altcoins on Monday, underlying demand and the Bitcoin halving could fuel a bull run. Among the top performers of the past 24 hours, NEO, ICP, and DOT price trends indicate a rebound is coming. As these altcoins prepare to surge to new 52-week highs, let’s take a look at their price charts. So, are you ready to find the next best performing altcoin?
Altcoins poised to rise 65%
NEO price trend is settling above the 50 EMA on the 4-hour chart as the recovery trend advances. However, following the golden cross, the altcoin consolidated and tested the 50% Fibonacci level at $15.81.
trading view
NEO price gained 2.49% this Sunday as the 50 EMA supported higher highs. However, starting this week, Bitcoin prices plummeted, putting altcoins back on discount.
Nonetheless, NEO’s uptrend broke above $18.28 and the bull run could hit the 1.618% Fibonacci level at $26.28.
ICP price ready to go online
ICP price rebounded 46% over the past 14 days, reaching the $20 mark before testing the 50 EMA. The current uptrend has resulted in a bullish flag pattern as the 4-hour chart begins to consolidate.
trading view
With the altcoin season highly anticipated, ICP token shows great potential to hit new highs. Considering that the bullish trend in altcoins continues, ICP price may touch the $31.54 mark.
Polkadot prepares for comeback
DOT has a market cap of $12.48 billion and is currently trading at its 50-day moving average to support a recovery rally. The 43% rise over the past two months reflects a trend reversal on the daily chart.
Trading View
According to the trend-based Fibonacci levels, DOT price is retesting the 50% Fibonacci level at $10. Moreover, buyers are preparing for a turnaround as the 50-day MA support is being retested.
If the buyers manage to effect a reversal after the retest, the altcoin could touch the $15,640 mark.
