Best Altcoins to Accumulate as Bitcoin Signals a New Rally
With Bitcoin's price increasing by over 12.73% this week, the crypto market is stabilizing and showing increased activity.
Many top BTC-influenced altcoins are also experiencing significant price surges.
Here are the top three altcoins poised for substantial gains in the upcoming bull market rally.
Ordi (ORDI)
Ordi has shown a strong bullish recovery, jumping 3.46% in the past 24 hours.
Over the past week, ORDI has surged approximately 22%, successfully retesting its crucial support trendline.
The MACD indicator displays a rising green histogram with averages converging bullishly, signaling increased bullish activity for Ordi.
If the market momentum continues, ORDI could retest the $50 mark this month.
However, a bearish turn might see this BRC-20 token retesting its crucial support level.
Bitcoin Cash (BCH)
Amidst increased market volatility, BCH has jumped over 2% in the past day, with a trading volume of $272.396 million.
Over the past week, BCH has surged 23.82%, rewarding long-term investors with a year-to-date increase of +50.01%.
Technical indicators like RSI and MACD show a significant bullish rise, indicating strong bullish sentiment for BCH.
If the bullish trend continues, Bitcoin Cash could head toward its upper resistance of $525.5 this month. Conversely, a bearish reversal might pull BCH down to around $300.
SATS (1000SATS)
Riding the bullish sentiment in the crypto space, SATS has jumped approximately 5% in the past day and skyrocketed 31.59% this week, indicating a strong bullish reversal.
With a circulating supply of 2.1 trillion SATS tokens and a market cap of $435.22 million, SATS ranks 138th globally.
The RSI shows a sharp bearish curve above the neutral point, while the SMA indicator continues to show bullish activity, highlighting mixed price sentiment for SATS.
If the bulls break through the resistance level of $0.0000002535, SATS could test its upper resistance at $0.0000003845.
