CRYPTOCURRENCIES TO BUY THE DIP BEFORE 50X EXPLODES:
In June 2024, the crypto market has seen a significant correction, with leading digital assets like #Bitcoin plunging from $71,000 to $64,000. This decline has influenced a broader downward trend across major cryptocurrencies, creating potential opportunities for investors to #BuyTheDeep
Recently, FET rebounded off the lower trendline, climbing 37% to reach $1.5, while its market capitalization increased to $1.287 billion.
A potential breakout from the pattern’s overhead trendline will signal a change in market sentiment. If the pattern holds true, the FET price will lead to an extended rally to $40.
2- $AAVE
As per the data from coinmarketcap, AAVE coin shows a market cap of $1.189, while the 24-hour trading volume is at $85.8 Million.
An analysis of the daily chart shows this correction is part of a 27-month sideways trend governed by a symmetrical triangle pattern. Under the influence of this pattern, the AAVE price is poised to prolong sideways before it gives a decisive breakout.
3- #Notcoin👀🔥 $NOT
The current downward trend in NOT price is being guided by a descending trendline, maintaining a sell-on-rallies sentiment. For buyers to take control, a breakout above this overhead resistance is essential.
A successful breakout will signal the uptrend continuation and bolster buyers to surpass the $0.1 mark in the near term.
👉Key Takeaway
As #BTC☀ continues its correction trend into June, retail investors are feeling a sense of panic. However, it’s important to note that Bitcoin is only 12% below its all-time high of $73,750. Historical patterns suggest that a correction of 20-30% is common before an uptrend resumes. This scenario presents an opportunity for sidelined buyers to ‘buy
THIS IS NOT A FINANCIAL ADVISE DO YOUR OWN RESEARCH:
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