Top Altcoins to Consider for Potential 10x Gains
As the crypto market witnessed a surge in the wake of positive U.S. CPI data, altcoins have experienced significant growth. Bitcoin briefly reached $70,000 before settling at $68,243, an impressive 1.39% increase.
Amidst this positive sentiment, investors are eagerly looking to invest in altcoins that hold the potential for substantial gains. Here are some top altcoins worth considering:
PEPE (PEPE)
The meme coin craze has played a significant role in the 2023 bull run, and PEPE is a prime candidate for investment. Its price has exhibited a strong upward trend, forming a robust support line in the 1D chart.
Currently, PEPE is poised for a rebound from the support level and the 50-day EMA. The convergence of positive signals from the MACD and signal line further supports an impending uptrend.
Despite a 4.25% intraday pullback, PEPE has the potential to target $0.000015. A bullish breakout could lead to a surge to $0.000020, setting a new all-time high.
Notcoin (NOT)
Another meme coin, Notcoin, has demonstrated impressive growth. Despite a recent retracement, the NOT token price has rebounded along with the broader market recovery.
NOT has overcome its resistance trendline and is approaching the 50 EMA. The upward momentum aims to surpass the 38.20% Fibonacci level at $0.01795.
Breaking out of a falling channel, NOT has the potential to reach its all-time high of $0.02616. Further gains could push it to $0.030.
Fetch.AI (FET)
AI tokens have emerged as the next wave in the bull run, and FET stands out with its underlying potential. Unlike NOT, FET remains within a falling channel but is primed for a breakout from its support level.
Although below the 200D EMA and with a downtrend in the 50D EMA, FET's MACD and signal lines are signaling a bullish crossover, indicating increased demand at lower levels.
Optimistically, FET could experience a bullish cycle, reaching its resistance level near $2.
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