Altcoins To Buy For A Strong Weekly Close As BTC Sticks At $64K
PENDLE (PENDLE)
- Market Cap: $714M
- Current Price: $4.62 (down 0.23% in the last 24 hours)
- Performance: Up 41% in the past ten days
- Analysis:
- Forming a rounding bottom reversal from the declining support trend line.
- The bullish cycle challenges the overhead resistance trend line, surpassing the 50% Fibonacci level.
- Bullish crossover in the MACD and signal lines, and rising trend in the RSI signal increased bullish momentum.
- Potential to surpass the $7 peak and challenge the $11 psychological mark.
The Graph (GRT)
- Market Cap: $1.93B
- Current Price: $0.20 (down 3.64% in the last 24 hours)
- Performance: 62% decline over the past four months, recently showing a 29% recovery from $0.17 support level.
- Analysis:
- Forming a falling wedge pattern.
- Daily RSI and MACD indicators suggest a potential uptrend.
- If GRT maintains momentum, it may challenge the $0.25 level and potentially push towards $0.45 and $0.50.
- Optimistically, an uptrend continuation could pump the price to $0.62 in the coming weeks.
CORE (CORE)
- Market Cap: $1.24B
- Current Price: $1.39 (down 3.23% in the last 24 hours)
- Analysis:
- Reveals a falling channel pattern with a potential inverted head and shoulder pattern.
- Struggles to overcome the psychological resistance at $1.50.
- Positive trend in the MACD and signal lines, and the daily RSI line above the halfway line.
- Potential to break out and challenge the 50% Fibonacci level at $2.16.
- Breakout rally could challenge the $3.77 peak in the coming weeks.