The post Must Buy Tokens To Become a Crypto Millionaire in the Next Bull Run appeared first on Coinpedia Fintech News
The underlying sentiments signal an upcoming altcoin season as the cryptocurrency market is rising towards its 2021 high of $3 trillion mark. Furthermore, the crypto market has a history of performing well in the last quarter in the majority of the year. Hence, the chances of you becoming a crypto millionaire significantly increase by the end of the year.
With the Bitcoin halving years known for giving massive returns in Q4, here are the top tokens you must consider buying to become a crypto millionaire.
Must Buy Crypto Tokens This Bull Run:
CKB Network (CKB)
With a massive uptrend in the weekly chart, the CKB price action shows a falling wedge breakout and a massive bullish engulfing candle. Based on the Fibonacci levels, the uptrend challenges the 50% level at $0.01915.
As the recovery rally gains momentum and the 50-200-day EMA maintains a bullish trend, the crypto price trend is ready for a bull run. In the daily chart, the 50-200-day EMA gives a bullish crossover, signaling a trend-reversal rally. Based on the Fibonacci levels, the CKB token can potentially hit the $0.03615 mark.
Optimistically, it can surpass the all-time high of $0.044375 to scale to the 1.618 Fibonacci level at $0.05716. On the flip side, the crucial support levels for the crypto price trend stand at $0.015, or the 38.20% Fibonacci level.
SUI (SUI)
With a market cap of $4.10 billion, the SUI token is currently trading at $1.55. Following the 3.19% drop yesterday, the crypto price registered an intraday growth of 1.01%. Furthermore, the bullish crossover in the 50-200 day EMA reveals a high possibility of a trend reversal rally.
Marking a falling wedge pattern breakout in the daily chart, the crypto price has increased by almost 200% within 50 days. Currently, it is resting above the 61.80% Fibonacci level and sustains dominance above the $1.50 psychological mark.
With a potential post-retest reversal rally, the meme coin is likely to reclaim the $2.00 psychological mark for a new all-time high above $2.18. Based on the Fibonacci level, the $1.618 level at the $3.00 mark and the $2.1618 at $4.573 are potential upside targets for the crypto price trend.
Check out Coinpedia’s Dogecoin price prediction to learn about the biggest meme coin, DOGE, targets in 2024.
Cat in a Dogs World (MEW)
With a rounding reversal and a bullish engulfing candle, the MEW token challenges the 61.80% Fibonacci level. With a crucial resistance at $0.0056, the recovery rally in meme coin awaits a bullish breakout.
Recently, the crypto price marked a 16.64% jump from the 50-day EMA to create a bullish engulfing candle. Furthermore, the Meme coin is now trading at $0.0055, with an intraday gain of 1.09%.
As one of the rising meme coin names over the Solana blockchain, the Cat in a Dogs World token is close to attaining the $500 million market cap. However, the crucial resistance contains the bullish growth under check. Nevertheless, an upside breakout will likely challenge the $0.0077 or the $0.00111 crypto price targets based on the Fibonacci levels.
Supporting the bullish upside, the growing Solana ecosystem and the bullish trend in the MACD indicator provide optimistic viewpoints for this meme coin.