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Top Altcoins to Watch Right Now 🌟 With the crypto market showing signs of a potential bull run, several altcoins are positioned for significant gains. Here are some of the best altcoins to consider right now: Near Protocol (NEAR) Near Protocol is exiting its investment entry zone and showing strong bullish signs. The token has recently given a pin bar signal, suggesting that a strong upward move could be imminent. With the potential for a 20-40% gain in the short term, NEAR is a solid pick. Arweave (AR) Arweave is a decentralized storage network that recently hit a key investment zone. As it approaches a trend break, AR is poised for a significant push, potentially reaching the $40-$50 range. This makes it a great opportunity for those looking to capitalize on the next market rally. Chainlink (LINK) Chainlink continues to be a leader in the blockchain oracle space, and it’s currently sitting in a favorable investment zone. As market conditions improve, LINK is expected to follow suit, offering good potential for both short-term and long-term gains. Fantom (FTM) Fantom has been a strong performer in previous market cycles and is now in a good position for a rebound. The token is showing signs of strength, and a breakout could see it return to previous highs or even surpass them. XRP XRP is breaking its weekly trend, showing potential for a significant move. If it can push past key resistance levels, it might even reach the psychological $1 mark, making it an attractive option for traders and investors alike.$XRP $FTM $NEAR
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FLOKI (FLOKI) Price Analysis 🌟 The FLOKI price appears to have regained a pivotal resistance zone following the recent bullish push The RSI rebounded from the lower threshold, which suggests the bulls are slowly reclaiming their dominance However, the price may remain under bearish influence until it surpasses the resistance zone between $0.00012465 and $0.00013183 Therefore, the FLOKI price may experience a pullback if the bulls fail to elevate the levels beyond the range $FLOKI
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dogwifhat (WIF) Price Analysis 🌟 The dogwifhat prices remain consolidated within a descending parallel channel and the recent rise elevated the levels beyond the average bands Moreover, the levels reclaimed above the pivotal support levels at $1.514 has validated the beginning of a fresh ascending trend The RSI initiated a bullish divergence and hence a continued rise may validate the formation of a double-bottom or ‘w-shaped’ pattern Once the price reaches the resistance of the channel above $2 at around $2.3 or $2.35, the price may reach the neckline, which may further push the price beyond $3.3. $WIF
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Tron (TRX) Price Action The TRX price has constantly displayed a bullish price action by adding 6.83% to its portfolio within the past day with a trading volume of $778.23 Million. Moreover, it has jumped approximately 16% within the past week and has recorded a YTD return of 36.43%. The EMA 50-day acts as a support to the Tron price chart, indicating a strong bullish sentiment for the altcoin in the cryptocurrency space. The Relative Strength Index (RSI) has breached its overbought range in the 1D time frame, highlighting an increase in the buying-over-selling pressure within the crypto space. Moreover, the average trendline records a bullish curve, suggesting that the altcoin will continue gaining value this week. If the market holds the TRX price above its support level of $0.1450, the bulls will prepare to test its upper resistance level of $0.160 during the upcoming weeks. Conversely, a bearish reversal could pull the altcoin toward its lower support level of $0.1275 this month.$TRX
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SUI At $0.90, Hits Crucial Crossroads The SUI token’s price action displays a falling channel pattern on the daily chart. However, early August saw a strong recovery, boosting the SUI price by 90% in just a week, leading to a breakout from the falling channel. The bullish rally propelled the token from the $0.53 support level to the 50% Fibonacci retracement level at the psychological $1 mark. Following this surge, the SUI token experienced a pullback, potentially retesting the breakout level as it touched $0.80. Despite this pullback, the SUI price quickly rebounded with a 9.34% jump last night, forming a bullish engulfing candle. Further, the post-retest reversal in the altcoin teases a potential bull run ahead. However, the quick loss of momentum triggers a warning for buyers. Currently, SUI trades at $0.90, showing a slight intraday movement of 0.26%, forming a doji candle. Technical Indicators: MACD: The MACD indicator shows that the MACD and signal lines narrowly avoided a bearish crossover. Relative Strength Index: The daily RSI line bounced back from the halfway mark, remaining above the 14-day moving average. Will SUI Price Hit $2? According to the Fibonacci retracement, the current SUI price is near the 38.20% level, placing it at a crucial juncture. The breakout of the $1 psychological resistance will determine whether the uptrend continues in the altcoin. If successful, this breakout could propel SUI price to its all-time high of $2, resulting in a 100% surge post-breakout. On the downside, a bearish continuation would target the 23.60% Fibonacci level at $0.73. $SUI
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