Since the start of the week, the cryptocurrency market has been on a roller coaster of ups and downs. Meanwhile, the total valuation of the altcoin market has risen to over $700 billion. Also, suspicions are growing that the market’s altcoins are getting stronger due to Bitcoin Org’s waning dominance. As a result, the following altcoin picks from analysts include rally predictions for the coming weeks.
5 altcoins with potential for next week
Chainlink pricing broke the key $10 resistance level after crossing the symmetrical triangle. Even if a small rejection stopped the price increase, the bulls’ first goal is to turn this level into a permanent support. According to the analyst, this positive outlook will last until the new week. However, we may see a pullback in the middle of the week. At the end of the week, LINK price will target $12.8 after holding the 11.3 resistance.
Quant (QNT) price regains momentum from the $150 resistance with a parabolic reversal. It has faced rejection from these levels in recent days. Also, although it may continue the trend, it will not fall as sharply as before. Another breakthrough from the bull flag, we can expect highs above $150 in the first few days of next week as the QNT continues to form consistent bullish patterns.
MATIC price recently cleared the $1 resistance. However, it still needs to stay above $1 to confirm the rise. However, until then, the MATIC price may fluctuate below $1. On the other hand, the trading volume decreased significantly. This prevents the price from getting a bigger driving force. As a result, MATIC price will finally breach $1 behind in the weak period. It could then make a few trips to the lower $0.96 support level.
The latest bankruptcy filing by Celsius had a significant impact on the price of CEL. However, the CEL has gained more than 185% since the start of the week. As a result of the current depletion of buyers, there is now the possibility of an intermediate pullback. In contrast, the bears are still far from the coast. As a result, the rise will continue throughout the next week, according to the analyst.
FLOW confirms rebound from bottom support levels. This caused the price trend to reverse. A large inflow of buying volume, mostly used to offset the negative impact, helped the market rebound. As a result, we can expect FLOW price to move closer to $4 in the next step and gain strength by fluctuating around these levels. According to the analyst, its price will increase by 20% to 25% by the end of the week, reaching the level of 4 dollars.
Cantering Clark predicted boom for an Ethereum rival
Cantering Clark tells his 142,300 Twitter followers that Solana is poised for a move that will trigger a strong rise from current prices:
Just look at the graph. SOL seems to be strengthening against resistance and zipping to fly… This daily chart looks good and we haven’t seen a return as bad as I expected.
Looking at the analyst’s chart, we see that the next major resistance for Solana is near $75. According to Cantering Clark, SOL is trading for $46.98, which indicates about 60% upside potential for its Ethereum rival. However, cryptocoin.comAs you follow, there are analysts expecting a decline for Solana in the coming weeks.
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