Top 3 Altcoin Watch List for Next Week
The first half of 2024 was an eventful year for the cryptocurrency market as Bitcoin hit a new all-time high and Ethereum ETFs grew. This week saw Bitcoin swing between $60k and $62k, with gains from new memecoins and sectors like AI and RWA tokens. Here are three altcoins to watch in the coming week:
1ïžâŁ Kaspa (KAS)
- Target: $0.25
- Current performance: Increased from 0.149 USD to 0.18 USD (22% growth).
- Indicators: Above all long-term moving averages, bullish sentiment, short-term correction near resistance at $0.183 possible. The Elder-Ray Index suggests a bullish trend.
2ïžâŁ Brett (BRETT)
- Target: $1.7 to $1.9
- Current performance: Has rebounded from $0.1278 to $0.16 (up 26%).
- Indicator: Positive price action, approaching the 0.17 USD barrier, potential psychological achievement at 0.2 USD. The Alligator and MACD indicators show consolidation with neutralization.
3ïžâŁ Akash Network (AKT)
- Target: $3.8 to $4.2
- Current performance: Up from $2.71 to $3.64 (34% spike).
- Indicators: Firmly above $3.60, protecting SMA & EMA 30. Upside possible if EMA 200 is crossed, otherwise, price could drop to $2.75. RSI is at 44 and MACD shows a strengthening trend.