Over the past 24 hours, the price of the first cryptocurrency showed positive dynamics. There is a recovery after another local drawdown.
Let's consider the timeframe of 4 hours. There is an entry to the formation of a reversal formation "double bottom" 🐂, which indicates the potential growth of the price. The formation is occurring under the level at ~$58,250 and above the trendline support.
The formation will be confirmed when the conditional neckline level is broken. In this case, I am confused only by sharp volume spikes at the first and second extrema of the pattern 📊
Locally, a good argument for upward movement is formed, but we need to wait for its confirmation for longing 📈
Today I'm going to tell you about the most promising coins for spot buying right now.
💰 #ZRO LayerZero.
The top omnichain coin has already shown positive momentum and has gone above the listing price. The upside potential is huge due to a lot of interest in the project's fundamentals.
My targets: $5.6 - $10.0 - $14.0
🚀 #STRK StarkNet
One of the top projects in the field of Layer2 solutions for Ethereum blockchain got listed at a very bad time, right before the last correction. Now the coin is trading at a huge discount from the listing price because of this factor.
My targets are $1.05 - $1.80 - $2.70
💎 #TON Toncoin
Toncoin is the most fundamentally strong project at the moment among alts. It really integrates into the Telegram ecosystem, which means that its user base is constantly growing. Also positive is the fact that the coin has behaved better than the market since spring until today. A listing on Binance could be a point of growth.
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