#CryptoWatchMay2024 Market sentiment regarding the direction of $BTC remains way uncertain.
"Wait,
#Halving was just weeks ago, why are you not bullish bro? "
Well, the monthly April closing on BTC did not look very promising... That is why it is important now to focus on projects with real potential returns in the upcoming months.
The real bullrun has not even begun yet and the potential for massive gains is definitely still there.
Buying alts now is not a mistake⏳
Just like in every cycle, money will shift from Bitcoin to low cap coins. Always keep in mind that understanding the money flow in crypto is key to anticipate altseason.
Preparation --> Reaction --> Goals 🎯
Get ready and prepare your bags, because when funds start pouring into
#altcoins it could mark the beginning of the next altcoin season 🚀
Having in mind that, here is my TOP 5 project not to miss in MAY!
p.s. last one is a real gem still hidden to many 👀💎
1)
$ARB PROJECT: ETH Layer2 solution designed to improve speed and scalability on ETH network while enhancing privacy.
The project has not shown its full potential yet and the
#RWA narrative might be the propeller (many RWA projects are building on ARB)
PA: Looking at the daily chart, we can observe that a top structure has formed. Now we are testing sub 1$ low levels.
Consider the good potential of the coin, I am expecting at least a short term retest of 0.382 Fibonacci level (+30%)
PRICE PREDICTION🔮: If the RWA trend continues to grow during the upcoming bull run, it is possible to get a price higher than $5
2) $W
PROJECT: Promising cross-chain infrastructure powering multichain applications with robust VC backing .
PA: The price has broken through the bottom structure. Now, there is a potential upside of +43% to be achieved before reaching the $1 target.
PRICE PREDICTION 🔮: With a strong altseason, a price range of $5-$7 is more than possible.
3) $TNSR
PROJECT: NFT trading platform on Solana characterized by advanced functionalities like TradingView integration, collection wide bids, and market making orders.
PA: Price is still floating around low levels, remember that it was listed just weeks ago. Getting back to the $1.30 range is key to maintain the bullish momentum going, which would mean at least a 45% increase in the short term.
PRICE PREDICTION🔮 : The NFT trend is still quiet, but eventually, interest will pick up again (maybe with the help of RWA integration?). It is realistic to expect $10-15 during a bull run.
4)
$PENDLE PROJECT: Pendle is a permissionless yield-trading protocol that enables users to implement a variety of yield-management strategies. With the introduction of a unique AMM supporting assets with time decay, Pendle empowers users with greater control over future yield, offering options and opportunities for its utilization.
#Restaking narrative.
PA: The project saw a huge rise in the past few weeks. Now, it has pulled back to the $4.5 - $5 level testing the 0.618 by the books. I am still expecting a bigger pullback within the blue box, but for now, the price action seems to be showing signs of turning.
PRICE PREDICTION🔮: MCAP is already pretty high but if the restaking narrative will take off, expect something around 25$.
5) AITECH (Available on Pancake BSC)
PROJECT: AITECH serves as the core token powering the Solidus AI Tech ecosystem. It acts as a payment gateway for licensing Artificial Intelligence as a Service (AIaaS), Blockchain as a Service (BaaS), and accessing High-Performance Computing (HPC).
PA: Price had a good healthy pullback in recent weeks, and it seems like the bearish momentum is exhausting. AI is still a dominant trend and probability it might start climbing again soon are high.
PRICE PREDICTION🔮: The project is very low cap and the potential is really high in the next bullrun. Target 5 $
Let me know in the comments which project are you accumulating 👇