Top 3 Altcoin Watchlist for Next Week
The first half of 2024 has been eventful for the crypto market with Bitcoin hitting new all-time highs and Ethereum's ETF developments. This week saw Bitcoin fluctuating between $60K and $62K, with gains in new memecoins and sectors like AI tokens and RWAs. Here are three altcoins to watch for the next week:
1. **Kaspa (KAS)**
- **Target:** $0.25
- **Current Performance:** Increased from $0.149 to $0.18 (22% growth).
- **Indicators:** Above all long-term moving averages, bullish sentiment, short-term correction near $0.183 resistance possible. The Elder-Ray Index suggests bullish movement.
2. **Brett (BRETT)**
- **Target:** $1.7 to $1.9
- **Current Performance:** Rebounded from $0.1278 to $0.16 (26% surge).
- **Indicators:** Positive price action, approaching $0.17 hurdle, potential psychological achievement at $0.2. The Alligator indicator and MACD show consolidation with neutralization.
3. **Akash Network (AKT)**
- **Target:** $3.8 to $4.2
- **Current Performance:** Rose from $2.71 to $3.64 (34% spike).
- **Indicators:** Consistent above $3.60, defending SMA & EMA 30. Potential upward rally if crossing EMA 200, otherwise, a drop to $2.75 may occur. RSI at 44 and MACD indicate strengthening trend.
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