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😱🚀🚀The best Altcoins with big boom potential in 2024
Watch out for these altcoins
He went on to discuss various tokens, most notably #Fantom ($FTM )
which is currently in favorable buy zones and approaching the 61.8% Fibonacci retracement level around 55 to 60 cents. Despite the current market red, this presents an ideal opportunity to accumulate Fantom due to its significant price decline from previous highs and its alignment with key technical indicators such as the RSI at oversold levels.
The analyst also predicted: “If Bitcoin breaks its all-time high and market conditions improve, my targets for Fantom could see a 1.6 to 1.7x increase from current levels.
Turning to #Chainlink ($LINK )
it bounced off the 61.8% retracement level and showed strong support at this level after the recent rally. This marks a strategic entry point, especially in the event of further withdrawal; Suggested investment entries are around $14 and potentially around $12 if Bitcoin shows weakness.
he noted that it is currently at a 61.8% retracement level, suggesting that it is a good time to consider purchasing DOT tokens. He also pointed out that additional buying opportunities may arise if Bitcoin experiences a temporary decline.
Turning to Matic, the analyst suggested: "Matic is at the lows right now. Buying Matic here seems like a no-brainer, especially if it aligns with your portfolio strategy."
