Analysts expect the coming bull cycle to be the most bullish crypto bull cycle so far.
Bitcoin and altcoins are both expected to set incredibly new ATHs in the coming months.
Analysts share bullish top targets for DOT, FET, and RENDER.
As Bitcoin (BTC) prepares for what many analysts expect to be the biggest bull run so far, many altcoins have begun to mirror Bitcoin’s bullish chart signals and printing bullish signs of their own. Many altcoins like SUI, FET, VET and many other popular crypto assets have already begun to surge.
Meanwhile, other popular altcoins like SHIB, PEPE, DOGE, ADA, and many others have also begun to pump with the intention of hitting much larger price targets in the coming months. Overall, the expectation for many altcoins to set new all-time highs in the coming months is gaining more traction as the expectation for altseason to arrive soon grows stronger.
Analyst Shares Bullish Price Tops for DOT
In particular, some analysts are expecting major movements from certain altcoin despite having already pumps or having failed to gain much momentum. To start off, one analyst draws light to Polkadot (DOT). For this altcoin, he says that a bullish reversal is imminent which will take the price of DOT to above $5.
https://twitter.com/CryptoWinkle/status/1839902340565827652
He then goes on to highlight a falling wedge formation for DOT. This paired with a bullish divergence on key indicators will signal a breakout for DOT taking the altcoins to the next set bullish targets of $13.95 then $26.6 and possibly $47.8. The analyst expects major moves for DOT due to the imminent launch of Polkadot 2.0.
AI Coins Like FET and RENDER Highly Bullish
Meanwhile, another analyst shares a macro price update for FET where he expects the next wave to take FET price to the $7-$9 target. According to CoinMarketCap analytics, the price of FET is $1.60. AI and DePIN coins are one of the most bullish narratives of this crypto bull cycle alongside RWA coins.
https://twitter.com/cryptclay/status/1840399707358613940
Another AI and DePIN coin expected to make massive gains alongside FET is Render Network’s RENDER. This altcoin just completed a bullish flag and is testing the resistance cluster of a former major supply zone as well as the bull flag’s resistance. With a steady hold on the EMA 50 and EMA 100, the analyst places next target highs for RENDER at $16 and $23.8.
The post Analysts Reveal Bullish Cycle Top Price Targets for DOT, FET, and RENDER, Which Targets Will be Hit First? appeared first on Crypto News Land.
