The top cryptos have initiated a bullish trend, as Bitcoin price surpassed $48K mark and Ethereum price stands strong above $3600
Amid the bullish trend, some of the altcoins showcase a very strong tendency to smash new highs very soon
The fresh trading day initiated with a notable uptrend, as the popular cryptocurrencies are painted in green. The outspreading bullish trend attracted many altcoins to flow with the market trend. Among all the other assets, altcoins like SUSHI, AVAX, MATIC, RUNE, REN, FTM, etc showcase an extreme tendency to reach highs.
The asset is currently residing at the top of all the assets in terms of daily gainers. The asset has gained more than 30% at the press time residing at $1.12. Since the mid-may crash, the asset went parabolic to hit the current levels. No doubt the ATH is still distinct, which is an inch close to $2. Yet in the current bull run, the price could range another 80% to surpass these levels.
RUNE price consolidated within the crucial levels at $8 and initiated with a notable bounce from the past couple of days. However, the uptrend still cannot be confirmed as a bull run as the zones above $13 need to be sustained strongly. However, the trading volume since the crash appears to have mainly comprised of buying and minimal selling. And hence in the upcoming days, the price is expected to regain its ATH and continue to surge higher towards $50.
The asset in a recent couple of days has smashed a new ATH above $64, and despite a slight pullback, continue to head towards the discovery phase. The asset appears to be more primed to smash a 3-digit figure very soon. And if the bears are fully under control, the price could eventually achieve its target before the end of 2021 too.
SUSHI price that experienced multiple rejections around $14, finally broke through $15 levels in the early trading hours. After breaking the strong resistance, the asset appears pretty confident in smashing its ATH at around $23.38. However, many analysts believe the price has the potential to hit highs at $50 too. And hence this asset could be one of the most profitable trades in the coming days.
The assets have undergone a giant rally since the beginning of the current month by surging nearly 175%. The strong bullish momentum of the asset points out towards the resumption of the bull run after a slight pullback. Yet another gigantic rally could uplift the price close to the milestone at $5 in the short term.
Apart from these altcoins, many other popular cryptocurrencies like Solana (SOL) price, Polkadot(DOT) price, Polygon(MATIC) price, etc also showcase immense bullish tendencies. The above all assets could propel high in the coming days. Yet slight pullback or corrections cannot be neglected, yet it may be just a provisional one.