admin
The Bitcoin price hit another all-time high of $72,709, just a few moments ago, which has shaken up the entire crypto space. As per the data from Santiment, massive dormant coins are moving back into circulation, which can be considered a primary validator of a bull market. Besides, the BTC discussions are relatively low on the social platform relative to price performance, which suggests the prices can continue to climb for a long time.
While the bullish environment has been building up, here are some of the altcoins that are believed to go 100x in the upcoming AltSeason 2024.
The Graph Protocol (GRT)
- The GRT price has been printing consecutive bullish candles and just to mark above, one of the ‘key resistances is facing minor bearish action at the moment
- However, the RSI continues to trade within the upper threshold, suggesting the token could maintain a bullish narrative in the coming days
- As the bullish volume has piled up, the price may continue to climb and achieve the level $0.5 initially and later head towards $1
Decentraland (MANA)
- The latest bull run has elevated the MANA price above the key support levels and has entered the upper resistance zone between $0.73 and $0.79.
- Besides, the MACD has ranged within the bullish range after being within the bearish range for over a year
- Moreover, the DMI remains bullish as the ADX has triggered a bullish divergence, which suggests the price may soon achieve the $1 milestone, which may trigger a healthy upswing ahead
Fetch.Ai (FET)
- The FET price rose above the rising wedge before reaching the edge of the consolidation, which suggests the bulls have taken over the rally
- Despite the volume remaining relatively low, the price has maintained a decent upswing, indicating the rise in the bullish dominance
- Therefore, the price is believed to maintain a healthy upswing and reach a double-digit figure very soon
The Dogecoin price triggered the 2021 bull run and made 250x that season, while Polygon (MATIC) has already done 150x. The bear market has already been left behind after the Bitcoin price marked a new ATH, while reaching $100,000 may be just a matter of time. However, altcoins are hardly showing any growth which are now coiling up and may soon witness a colossal rise.
