optimistic
Ethereum-based altcoins may surge 3x to 5x!
Although the cryptocurrency market is facing significant selling pressure, interest in mid-cap and low-cap altcoins is gradually rising. This shift in sentiment hints at the investment opportunities that the upcoming AltSeason may bring. This article will provide a detailed analysis of three Ethereum-based altcoins that are poised to see significant gains in the coming period.
1. Safety (SAFE) Price Analysis
Despite the overall bearish market, SAFE’s price has been strong for three consecutive days, showing signs of a rebound in the altcoin market. The current price represents a 76.3% discount from the all-time high of $4.01. On technical indicators, MACD shows that the red histogram continues to decrease, suggesting an increase in bullish sentiment in the market. Meanwhile, the moving averages show the potential for bullish convergence.
Future trend prediction:
Bullish Scenario: If bulls maintain the current momentum, SAFE is expected to test its resistance at $1.45. Bearish Risk: If bearish pressure increases, prices could fall back to new all-time lows (ATL).
2. Aethir (ATH) Price Analysis
Aethir has performed well despite the gloom in the crypto market, with its price rising by more than 10% in the past period and trading volume reaching $40.126 million. The current market capitalization is $293 million, ranking 216th globally. While the MACD indicator shows a rising green histogram, the RSI indicator shows a clear bearish trend.
Future trend prediction:
Bullish Scenario: If ATH price sustains above the important support at $0.0705, it may test the overhead resistance at $0.08415. Bearish Risk: If the bears suppress the bulls, the price could drop to a low of $0.06435.
