The post Top Altcoins to Stack for 2X Rally With Crypto Market Heating Up! appeared first on Coinpedia Fintech News
With the bull run in the crypto market heating up, altcoins are preparing for a skyrocketing move ahead. Among the top performers, SUI, STX, and APT are teasing a breakout run ready for a 2X rally. So, let’s find the next entry opportunity for a potential 2x gain.
Altcoins to Buy This Bull Run:
SUI (SUI)
With a bullish recovery rally gaining momentum, the SUI token price shows an exponential rise. Over the past 24 days, it has increased by 135%, with a streak of massive bullish engulfing candles.
Currently, it is challenging the 78.60% Fibonacci level at $1.74. With a golden crossover in the daily chart, the RSI line is trading high in the overbought zone.
Based on the Fibonacci level, the next target for this rising altcoin stands at $2.00, with the upside potential to the $3.00 resistance level at $1.618 Fibonacci level.
Curious to know if SUI will reach $10. Find out now in Coinpedia’s insightful SUI price prediction for 2024 to 2030.
Aptos (APT)
Among the top performers, Aptos is making a name for itself. With the recent crucial resistance breakout at $7.83, the recovery run surpasses the 50 and 200-day EMA.
As the altcoin sustains dominance above the $8 mark, the Morningstar pattern, formed with a 2.61% jump yesterday, teases an uptrend continuation. Further, the uptick in the 50-day EMA increases the possibility of a golden crossover with the 200-day EMA at $7.835.
Based on the Fibonacci levels in the daily chart, the recovery rally is struggling near the 23.60% Fibonacci level, with the crucial resistances at $9.99 and $11.53.
Stack (STX)
Following the falling wedge pattern breakout, the STX token price is gaining momentum. With a quick V-shaped reversal from the 1.29 support level, the recovery run surpasses the 200-day EMA and challenges the $1.95 resistance level.
Over the last 19 days, the altcoin has increased by almost 44% and is on the verge of reclaiming the $1.02 psychological mark. With this crucial resistance level breakout, the price action analysis teases the next resistance level at $2.51 and $3.11.
Optimistically, based on the previous 2024 March bull run, the recovery run in STX could aim for a new all-time high, surpassing the 52-week high of $3.84 and reaching the $4 mark.