Crypto Twitter account Ben Gcrypto shared the top 10 promising altcoin projects with a market cap under $25 million. Analyst Brian Bollinger has selected 3 bull altcoins for the upcoming bull run.
Top 10 promising altcoins!
The cryptocurrency market caught a new positive wave as the leading crypto Bitcoin (BTC) climbed above $ 30 thousand. Amid these developments, crypto expert Ben Gcrypto selected the top 10 promising projects with a market cap under $25 million. The analyst shared the following on his Twitter account:
This time, we’ve made a list of the top 10 projects with a current market cap under $25 million in our opinion, which you can take a closer look at: ZigZag (ZZ), Kava Lanad (HARD), Onomy Protocol (NOM), Sentinel (UPP), Vaiot (VAI). ), pSTAKE (PSTAKE), Syntrpy (NOIA), Cere Netvork (CERE), Mantra (OM), and Arsenal Fan Token (AFC).
Top 3 projects to invest in Bull Run
cryptocoin.comAs you follow, the crypto market seems to be returning to the recovery process as the Bitcoin price hits $30,000 for the first time in ten months. As a result, several altcoins witnessed a significant rise and continued with a bullish setup that offered a long entry opportunity to interested traders. Below we take a look at the top three altcoins that are likely to witness significant growth in 2023.
Binance Coin (BNB)
BNB price, which has been following a sideways trend for over a year, revealed the formation of the symmetrical triangle pattern. The coin price has bounced back from the support trendline twice and the resistance trendline four times. This shows that traders are actively responding to this pattern setup.
BNB price is currently trading at $319 and a recent reversal from the resistance trendline indicates that altcoin holders may witness another correction phase and prolong the consolidation phase. Meanwhile, the rising RSI indicator value reflects growth in the underlying bullish momentum and that the overall trendline is more likely to break. This breakout could boost BNB price to the ideal target of $600.
Cardano (ADA)
On the daily time chart, ADA price shows the formation of a famous bullish pattern called the inverted Head and Shoulders. With the recent growth in the market, the coin price is rising to the neckline resistance of the formation at $0.42.
As of now, ADA price is trading at $0.4 and it could consolidate below the neckline resistance before making a real breakout. A definitive break with the weekly candle closing above the neckline will give buyers a substantial foothold to extend the bullish rally. In an ideal bullish scenario, this chart formation could push ADA price towards the $0.6 level.
Left (LEFT)
In the midst of the recent growth in the crypto market, the altcoin price has made a big break out of the 10-month resistance trendline. This breakout is an early sign of a trend reversal. It also implies that market sentiment is positive.
SOL price is currently trading at $24.19 and is witnessing significant entry from market participants. However, the price could turn for a minor pullback to retest the breached trendline and offer a long entry opportunity. Also, with continued purchases, altcoin price could reach potential targets of $26.9, then $37.7 and $48.2.
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