With the broader market recovery rally gaining momentum after weeks of bearish stress, the altcoins are quick to bounce back. Amidst the altcoins, the META token is preparing a massive surge as the underlying gears take a bullish twist.
With low-cap Metaverse tokens projecting a high potential of greater return, let’s have a closer look at our top picks. Will these meta-tokens give maximum returns in 2024?
With a rounding bottom reversal in the HIGH token price, the meta token shows a trend reversal in place. The ongoing bullsih surge accounts for a 30% hike in the last eight days and reflects demand at lower levels.
Further, the neckline of the rounding bottom reversal is at $4.50. Thus, a bull run above this level will ignite a breakout rally in the HIGH token prices. Sideline traders could find this breakout an excellent entry opportunity.
Optimistically, the breakout rally could drive the HIGH price higher to the $10 psychological level.
With a bullish turnaround in the ONT prices, this meta token shows a high potential bullish setup at play. The 60% rise in the altcoin prices over the past 10 days reflects a remarkable surge in bullish momentum.
The bull run exceeds the $0.4194 resistance level and challenges the selling pressure at the $0.50 psychological mark. Further, the ongoing higher formation in the weekly chart bolsters the possibility of a bull run.
Considering the buyer’s sustained pressure with a broader market recovery, the ONT price could reach an all-time high at the $10 mark.
With a falling channel in the daily chart, the WEMIX price projects an ongoing correction. The broader market witness fuels the pullback as it drops by almost 19% this month.
However, the remarkable rounding reversal leading to a bullish recovery of 30% in the last few days reflects a positive cycle in the falling channel. If the broader market recovers during this Bitcoin Halving year, WEMIX is set to break above the falling channel.
With the breakout momentum, the meta token could end 2024 on an extremely bullish note at $ 12.
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