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On Crypto Banter’s Kyles Doops Show, the analyst said that the bulls continue to push the market upwards, initiating a bounce in motion. Top-performing altcoins are once again leading the charge and rallying the hardest, a trend that tends to persist. One might be wondering if it’s too late to buy some of these strong-performing coins and if they will maintain their upward trajectory.
As for altcoins, he said that during the previous cycle within this bear market, a select few have shown strong performance. “We’re potentially seeing a higher low for the first time, indicating a bottoming process and the possibility of future expansion,” the analyst said. Here are few altcoins mentioned by him:
Solana (SOL): Not currently at a key support level, but showing potential. He foresees a potential 10-15% upside before hitting resistance.
Kaspa (KAS): The plan involves watching for a breakdown of the recent low to target a move down to 14-13 cents, seeing this as a reaccumulation phase forming an ascending triangle.
Toncoin (TON): Continues to show strength, providing profits even from high positions.
Mantra (OM) and Ondo (ONDO): OM is attempting to break through range highs at 83 cents. For ONDO, a pullback to $1 could present a buying opportunity, as these coins have shown a pattern of higher highs and lows against both USD and Bitcoin.
Render (RNDR): At a key level, previously recommended buying near $7. Current position shows a significant upside with potential continuation higher.
Pepe (PEPE): Another strong candidate with negative funding and potential for reaccumulation. A trade setup suggests buying at current levels with a target for substantial gains.
Xodex (XODEX): Recently introduced in the research group, with a low market cap around $8 million. The analyst made a small investment, seeing potential in this newly launched project.