😱🚀🚀Altcoins with rising potential before the Bull Sseason arrives
Pyth Netwrok (
#PYTH )
$PYTH Network gained huge attention as the prices soared above 400% since the start of the year which remained unaltered regardless of the bearish trend that followedThe price is trading within a descending parallel channel and is consolidating within a range from the past fortnightThe extreme consolidation suggests the bulls could soon gain dominance and elevate the levels to $0.5 initiallyAs the selling pressure has intensified over time, it seems that the bulls may revamp a steep ascending trend as suggested by the bull-bear powerOnce, the PYTH price sustains at these levels, then the path to $1 may be pretty clear without major hindrance
#ZkSync (
#zkSynk )
The RSI has maintained an incremental trend, due to which the price is on the verge of completing the parabolic recovery to reach the necklineThe neckline around $0.232 to $0.23 can be considered extremely crucial, as the bulls are expected to fall weak at these levelsMeanwhile, if they display some strength at these levels, then the price could trigger a fresh rise to form a new ATH above $0.3By then, market sentiments may have turned bullish, which could trigger a fresh ascending trend, discovering new highs in the latter half of 2024
Conflux (
#CFX )
The recent pullback appeared to be the end of the bullish trend as the price dropped after forming a mountain
However, the possibility of a trend reversal emerges as the RSI is again testing the average range, aiming to surpass the levels
Unfortunately, the bears have dominated the markets and as a result, the price may also face a minor pullback
After undergoing a small drop of nearly 18% to 20%, the
$CFX price is expected to initiate a fresh upswing and maintain a steep ascending trend to reach the upper resistance zone at $0.21
During the last quarter, the markets are expected to become more optimistic, which may trigger a fresh ascending trend to reach $1 in the last few weeks of 2024.
#altcoins