Altcoins
Best Altcoins under $1 other than XRP and ADA to look at before the next bullish wave
Markets appear to remain stuck in a downtrend, while some altcoins feature hidden bullish divergence. These are expected to trigger as soon as Bitcoin price shows some strength and surpasses the current ATH to reach $75,000. However, until then, markets could see a brief recovery, which could be a good time to accumulate some.
Decentralized country (MANA)
Decentraland is among the lost NFT tokens, which once sparked massive bullish momentum across the entire crypto space. The MANA price, together with SAND, has revitalized the NFT space, which has given rise to many intriguing coins. Currently, the price is consolidating tightly within a very narrow range but has maintained an upward trend. Levels around $0.5 appear crucial and a rise beyond these levels could trigger a further rally ahead.
Python Network (PYTH)
Pyth Network exhausted itself in a deep downtrend and fell below the crucial support zone. Although the bulls are displaying some strength, the bears appear equally capable of restraining excessive bullish activity. Therefore, as long as prices trade below $0.51, the token can be considered to be in an accumulation zone. Once these levels are crossed, the PYTH price could start with a further rise.
Sei (SEI)
Sei has also gained enough attention lately, which has caused prices to increase by over 600% to over $1. However, the rally turned in favor of the bears for a while and continued to move sideways for a while. This indicates that the bulls and bears maintain equal strength as they continue to defend their respective resistance and support levels. After experiencing an extreme squeeze, SEI price could break out again and begin a new rally soon.
Ghost (FTM)
Fantom price is trading in an expanding ascending channel and after defending the lower support zone, it has triggered a further rise. Although the price has declined to some extent, the bulls have shown some strength, due to which the probability of a healthy recovery continues to prevail. However, the price is very close to $1 and a slight bullish push could raise the levels beyond the range.
Ethena (ENA)
Soon after facing a huge pullback from the highs, ENA price traded in a falling wedge and after a breakout, the levels increased to some extent. However, the price is experiencing a slight pullback, suggesting that the token is nearing the end of the retracement phase. Beyond that, a nice rise could be on the horizon, which could bring the price of ENA back to its highest levels.