Crypto analyst David says APT has further upside potential. Analyst Valdrin Tahiri expects a strong move from MATIC. An analyst with the pseudonym Kaleo predicts a 200 percent increase in the price of an under-the-radar altcoin. The analyst nicknamed Bluntz is talking about ATH levels for SOL.
APT price prediction: Altcoin has more upside potential
Aptos (APT) price formed a bullish engulfing formation (green ellipse) within the previous resistance zone of $5 in mid-October. This is a bullish pattern that signals a comeback of the bulls. Indeed, the price has been rising steadily ever since. Thus, the altcoin price experienced a rapid increase last week. This momentum helped the price break the last hurdle, the $9.2 resistance zone, this week to confirm that the long-term trend is bullish.
Despite the breakthrough, APT price has yet to achieve a weekly close above. This is necessary to confirm the breakout. Meanwhile, the weekly RSI (Relative Strength Index) has jumped up from the 50 level (green arrow). It is also sloping upwards, supporting the possibility of a breakout. If successful, the altcoin price will likely rise to the next resistance zone at $13.2. This means it will rise 32.37% from the current price.
MATIC price prediction: Will the year-end rally continue?
Technical analysis on the daily time frame gives a bullish outlook due to wave count and RSI readings. Elliott Wave theory involves analysis of recurring long-term price patterns and investor psychology to determine the direction of a trend. The most likely wave count shows MATIC is in the fifth and final wave of an uptrend (black). The initial target for the top of this wave is $1.20, 13% above the current price. We find the target by giving the fifth wave a value of 0.618 times the total length of the first and third waves.
The second target for the altcoin is $1.50, 40% above the current price. We find this by giving the fifth wave the entire length of the first and third waves. This count is also supported by the daily RSI, which forms a hidden bullish divergence (green). This is a sign that the trend continues for MATIC.
Despite this bullish altcoin price prediction, a close below the $0.95 horizontal support area would mean a top is inside. Next, MATIC is likely to fall 30% to the nearest support at $0.75.
CELR price prediction: Nearly 200% upside on the cards for the altcoin!
A popular crypto analyst with the pseudonym Kaleo says that scaling platform Celer Network (CELR) will likely exit a permanent accumulation phase. In this context, the analyst said, “The Polkadot ecosystem is collapsing from start to finish. I bought a bag of CELR for some exposure. “CELR is looking for a breakout from this key range it has been accumulating since spring 2022, similar to its move at the beginning of 2021.” says.
According to the analyst’s chart, Kaleo predicts that CELR will rise to around $0.0700 soon. Meanwhile, CELR has seen an increase of around 8% in the last 24 hours. Thus, the altcoin rose to $0.02446 at the time of writing. This means the analyst expects a rally of around 200%.
SOL price prediction: Solana ATH passengers, those who do not ride miss out!
Cryptocurrency analyst pseudonymous Bluntz suggests that those who want Solana (SOL)’s big rally this year to end will likely be disappointed. The analyst says those who wait for this will miss out on the altcoin price rising to an all-time high. According to Bluntz, it is possible for SOL to gain more than 257% from current levels. Therefore, the analyst states that Solana has much more gas left in its tank. In this context, Bluntz shares the following comment:
SOL is still 113% away from ATH. Why is everyone so hesitant to seek out the peaks? What’s wrong with all of you? Only buy dips up to $400. Not a single person will remember the guy who may or may not have been successful in shorting a 10% drop. But they will remember the long rallies to all-time highs. Don’t overthink it, SOL is the hot Blockchain of this cycle, embrace it.
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