With the bull run in the crypto market heating up, altcoins are preparing for a skyrocketing move ahead. Among the top performers, SUI, STX, and APT are teasing a breakout run ready for a 2X rally. So, let’s find the next entry opportunity for a potential 2x gain.
With a bullish recovery rally gaining momentum, the SUI token price shows an exponential rise. Over the past 24 days, it has increased by 135%, with a streak of massive bullish engulfing candles.
Currently, it is challenging the 78.60% Fibonacci level at $1.74. With a golden crossover in the daily chart, the RSI line is trading high in the overbought zone.
Based on the Fibonacci level, the next target for this rising altcoin stands at $2.00, with the upside potential to the $3.00 resistance level at $1.618 Fibonacci level.
Curious to know if SUI will reach $10. Find out now in Coinpedia’s insightful SUI price prediction for 2024 to 2030.
Among the top performers, Aptos is making a name for itself. With the recent crucial resistance breakout at $7.83, the recovery run surpasses the 50 and 200-day EMA.
As the altcoin sustains dominance above the $8 mark, the Morningstar pattern, formed with a 2.61% jump yesterday, teases an uptrend continuation. Further, the uptick in the 50-day EMA increases the possibility of a golden crossover with the 200-day EMA at $7.835.
Based on the Fibonacci levels in the daily chart, the recovery rally is struggling near the 23.60% Fibonacci level, with the crucial resistances at $9.99 and $11.53.
Following the falling wedge pattern breakout, the STX token price is gaining momentum. With a quick V-shaped reversal from the 1.29 support level, the recovery run surpasses the 200-day EMA and challenges the $1.95 resistance level.
Over the last 19 days, the altcoin has increased by almost 44% and is on the verge of reclaiming the $1.02 psychological mark. With this crucial resistance level breakout, the price action analysis teases the next resistance level at $2.51 and $3.11.
Optimistically, based on the previous 2024 March bull run, the recovery run in STX could aim for a new all-time high, surpassing the 52-week high of $3.84 and reaching the $4 mark.
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