Altcoins
List of Altcoins That Will Surge When Bitcoin Hits $70,000
On Dylan’s Crypto Banter trading show, The analyst said that the next target for Bitcoin is $70,000, especially if positive news comes out of the BTC conference. In summary, he said that the outlook is extremely bullish for BTC, with critical levels to watch and a potential push towards $70,000 if momentum continues and key events align favorably.
The analyst said that when he looks at the Solana ecosystem, he automatically considers tokens like Jupiter, Radium, Bonfida, and WIF. He also looks at meme coins within the ecosystem, which often outperform when Solana is booming.
Jupiter is particularly praised for its strong performance and recent uptrend. With a trend breakout and W formation, JUP looks set for bigger moves. Key support levels to watch are $0.96 and $0.99, with a potential target of $1.17.
JTO is another mention in the Solana ecosystem, especially with its recent relaunch and re-staking mechanism, called “reking,” which has already wreaked havoc. The 50-day moving average serves as important support, with a bullish outlook if it crosses above the 200-day moving average.
WIF, a Solana meme cryptocurrency, is showing bullish potential with support at $2.25 and potential scalping areas at $2.44 and $2.52. Monitoring these areas for bounces can help traders capitalize on bullish moves.
For AAVE, recent bullish news and changes in their staking mechanism have led to a price rally. The analyst said that key support lies at $99.6 and upside targets are $105 and $111.
For Injective Protocol (INJ), despite the resistance, there is potential for growth if BTC moves closer to $70,000. The analyst recommended monitoring bullish pullbacks and maintaining a balance between taking profits and holding for possible additional gains.