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Top Altcoins with High Chances of Relief Rally Next Week

TokenTalk Staff

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As Bitcoin reclaims $60,000 and maintains a rally above $63,000, rising volumes support the uptrend chances. Amid this sharp and surprising Bitcoin recovery, altcoins are siphoning increased market optimism to amplify the uptrend.

With several coins yielding double-digit returns in a day, the relief rally is spreading like wildfire. In such market conditions, we bring you a list of top altcoins with high rally chances next week. So let’s take a closer look at their pricing analysis for a more confident approach.

Meme Coin WIF prepares for the race in small groups

One of the best performing, trendiest and newest meme pieces, Dogwifhat is ready for a massive jump with a triangle breakout. WIF price action shows a double reversal to break above the overhead resistance trendline and challenge the 50% trend-based Fibonacci level at $3.35.

Trading View

With a divergence in the daily RSI line, the underlying bullish change strengthens the possibility of an uptrend. Currently, the altcoin is trading at $3.31 with an intraday growth of 6.67%, forming the fourth consecutive bullish candle.

A breakout of $3.35 could send the meme coin higher to the $5 mark and potentially reach $6.50.

Nervos Network Altcoin (CKB) Targets $0.035

During the massive 50% drop to the crucial $0.015 support zone, CKB loses dynamic support from the 50D EMA. However, the demand zone at the psychological level leads to a rapid reversal and challenges the 50% Fibonacci retracement level.

Trading View

After the 16% jump overnight, CKB price is trading at $0.018 with an intraday growth of 2.95%. Since the broader market is supporting the rally, a relief rally accompanied by further market push could result in an uptrend in the Nervos Network.

If the uptrend breaks above the 50% Fibonacci level, the bull run could push the altcoin prices to $0.036.

Bull Run to Floki Could Hit $0.00030 Next Week

Positioning itself as a high-performing meme coin, FLOKI price trend forecasts a potential comeback next week. The altcoin is showing a descending channel breakout and is ready to surpass the psychological mark of $0.00020.

Trading View

With an intraday growth of 9.61%, FLOKI price is trading at $0.000191 and marks the fourth positive day in a volatile market. Moreover, with increased volume, the meme coin is poised for a bull run next week and could reach the $0.00030 mark.

Will these Altcoins rise next week?

Altcoins are poised for a relief rally in response to Bitcoin preparing a bull run past $65,000 next week. With the coins mentioned above showing strong potential to become top performers, the markets are poised to rebound.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Altcoins

Here’s When Altcoin Market Cap Will Reach New All-Time Highs, According to Trader Jason Pizzino

TokenTalk Staff

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Here's When Altcoin Market Cap Will Reach New All-Time Highs, According to Trader Jason Pizzino

A widely followed analyst reveals a possible timeline for altcoin markets to record new all-time highs.

In a new strategy session, trader Jason Pizzino tells his 329,000 YouTube subscribers that he’s taking a close look at the TOTAL3 chart, which tracks the market capitalization of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins.

According to Pizzino, TOTAL3 experienced a 26-month accumulation period during the last cycle, spanning from late 2018 to early 2021, before launching a parabolic surge.

Pizzino says TOTAL3 could reflect the same pattern in this cycle and could be a few months away from triggering a strong bullish surge.

“That would take us around February, so the first quarter [of 2025]. As you look at the fourth quarter of 2024 – the first quarter of 2025, I think that probably had a pretty good move to a new high price…

All this fear of a market decline would be forgotten in the fourth quarter. I’m going to put myself in danger here. »

Source: Jason Pizzino/YouTube

Looking at the trader’s chart, he seems to predict that the total altcoin market cap will fall to the 50% Fibonacci level, at around $400 billion, before sparking a recovery and hitting a new all-time high at -above $1 trillion by early next year.

At the time of writing, TOTAL3 is hovering at $597 billion.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Altcoins

Altcoin exodus cuts crypto market cap by 3.2%, Bitcoin falls to $64,000

TokenTalk Staff

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Altcoin exodus cuts crypto market cap by 3.2%, Bitcoin falls to $64,000

Kitco NEWS has a diverse team of journalists who cover the economy, stock markets, commodities, cryptocurrencies, mining and metals accurately and objectively. Our goal is to help people make informed market decisions through in-depth reports, daily market summaries, interviews with leading industry figures, comprehensive (often exclusive) coverage of important industry events and analyzes of developments affecting the market.

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Trader Who Called 2022 Crypto Crash Bullish on Solana (SOL) and GPU-Focused Altcoin

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Trader Who Called 2022 Crypto Crash Bullish on Solana (SOL) and GPU-Focused Altcoin

An Analyst Who Accurately Called the 2022 Crypto Collapse Becomes Bullish on Solana (GROUND) and rendering (RNDR).

Analyst pseudonym Capo tell its 90,280 Telegram subscribers than Ethereum (ETH)-rival Solana and RNDR, the graphics processing unit (GPU) rendering blockchain, are likely in an uptrend.

“Added more to the long SOL and RNDR.”

Solana is trading at $133 at the time of writing, down almost 7% in the last 24 hours. Meanwhile, RNDR is trading at $7.17 at the time of writing, down 10% in the last 24 hours.

The analyst also monitors the OTHERS three-day chart, which tracks the total crypto market capitalization excluding the 10 largest digital assets and stablecoins, for signs of a rebound.

“Altcoins: the green zone is support but we should see a rebound soon. If green holds, then we should expect movement towards the red zones (T1 and T2). If green doesn’t hold, then blue. Judging by sentiment and indicators, I think the bullish scenario is more likely.

Source: Capo/Telegram

OTHERS is valued at $219.25 billion at the time of writing, down more than 7% in the last 24 hours.

Then the trader says that ETH against Bitcoin (BTC) could be preparing for an escape.

“ETH/BTC: This looks bullish.”

Source: Capo/Telegram

Looking at his chart, the analyst suggests that ETH/BTC could soon reach 0.065 BTC ($4,196). ETH/BTC is trading at 0.0532 BTC ($3,442) at the time of writing, up slightly over the past 24 hours.

Finally, the analyst claims that the bottom could be reached for the crypto market and predicts that a breakout is coming.

“The market has reached its lowest level again. BTC is holding above $65,000, but alts are suffering much more. It’s like that. Overall, it looks like local background training. Too negative sentiment and financing, filled offers and everything is very oversold. I still expect a strong rebound.

Bitcoin is trading at $64,661 at the time of writing, down 2.5% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Altcoins

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Altcoin selloff wipes out $4.9 billion in DeFi TVL

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