Recently Kyle Doops, host of Crypto Banter’s Trading Show, has revealed many new altcoins that weren’t part of previous market cycles. While altcoins haven’t yet broken out, he sees strong signs of a potential surge. Kyledoops believes that once key resistance levels are breached, dips could present buying opportunities.
With Bitcoin’s dominance slipping to 58%, the stage is set for altcoins to steal the spotlight. Want to know which coins are poised for the next big move? Keep reading to discover the hidden gems.
Ton Coin is currently near mid-range resistance levels, but Doops sees any buy below this level as a potential bargain. He expects the price to rise towards $12 in the short term, with $6 being an ideal price for long-term investors. A breakout could happen by December or January, potentially triggering a strong rally.
Casper has found support at its mid-range level, and after outperforming Bitcoin during the 2023 bull run, it could rise to the $0.28–$0.30 range. Doops recommends buying around $0.14 for long-term gains, and a break above $0.18 would signal further upward movement.
Sui is still an underdog but has been consolidating after reaching the 1.618 FIB extension. Doops expects some pause and consolidation before a potential move toward $6.65. If Bitcoin dips significantly, Sui could fall to around $2, which would be a prime buying opportunity. The long-term outlook is positive, with strong growth potential.
One of the hot coins, Injective is at mid-range levels on its weekly chart. The price needs to reclaim $3 to target a move up to $4.50. Buying within the mid-range zone is a good reaccumulation strategy. Once it breaks above $3, the next target would be $4.50, with a further upside towards $7.20.
Render is showing a strong entry pattern, with a good chart setup for potential growth. Though very new on the list, the coin showcases a favorable price for investment in the coming months.
Fetch.ai is also in a bullish phase after consolidating, it is expected to move higher as the market cycle progresses. Investors should keep an eye on any retracement into support levels for a potential entry, as Fetch.ai might continue to perform well in the next market phase.
Though not much hyped, XLM is in a solid position to gain as it is building momentum and showing signs of growth. With ongoing developments in the Stellar network, the outlook is bullish. Buying near the support levels would be ideal, with a target to hold through the upcoming bullish phases.
With regulations at ease, Cardano has been consolidating its range and might be preparing for a breakout. Its strong fundamentals and development updates suggest a positive outlook. Investors should watch for a break above key resistance levels to confirm the continuation of the upward trend, aiming for long-term gains.
Around off-the-list analysts concluded with Polygon showcasing a strong presence in the market, with the potential to capitalize on the growth of decentralized applications and Ethereum’s ecosystem. Look for potential dips in price to buy into Polygon, as the network continues to grow and attract more adoption in the DeFi space.
The crypto market is showing cautious optimism, with Bitcoin near its all-time highs, growing interest in NFTs and layer-2 solutions, and regulatory developments shaping trends.
The road to the next altcoin season is paved with opportunities—these coins could be the first to make their mark.
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