Top Altcoins To Stack As The Market Recovers From Recent Correction

Top Altcoins to Consider as the Market Recovers from Recent Correction

The recent bullish trend in the crypto market has been interrupted by overnight news of positive U.S. jobs data, leading to a broader market correction and double-digit declines in altcoins. However, this market downturn presents opportunities for savvy investors to acquire undervalued assets with strong growth potential.

Here are some top altcoins that have experienced sharp declines and are poised for recovery as the market bounces back:

PEPE Coin (PEPE)

• Despite its impressive monthly growth, PEPE has experienced a 14.78% decline over the past week.
• A possible bullish turnaround is indicated by price rejection at the 50D EMA.
• Upside potential for June: $0.00002198.

Dogwifhat (WIF)

• WIF has taken a significant hit overnight, but remains supported by an ascending trendline.
• Breakout from the trendline in the daily chart suggests a sustained uptrend.
• Potential bullish rally could reach $4.75.

Singularity.NET (AGIX)

• AGIX has fallen below its 50D EMA and support trendline, but is supported by the 200D EMA.
• Overnight drop of 9.98% has created two bearish engulfing candles.
• Potential uptrend could reach $1, targeting the 23.60% Fibonacci level.

Ocean Network (OCEAN)

• Undergoing a pullback phase, OCEAN is trading within a declining triangle.
• Overnight crash has tested the 200D EMA and $0.78 demand zone.
• Reversal rally could push the price to $1.40.

Notcoin (NOT)

• Telegram's meme coin has pulled back significantly, testing the 50D EMA.
• Despite the decline, bullish sentiments remain strong, as the price is above the 1.618 Fibonacci level.
• Potential upside target: $0.050 by the end of June.