Price Analysis
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    Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Top Altcoins To Buy For 100% Upside In Short-term!

With a bullish rebound in the cryptocurrency market, top tokens have successfully breached their important resistance levels. Further, the market leader, Bitcoin price has held its value above the $64K level, indicating increased bullish influence in the space.

On the other hand, mid-cap and low-cap altcoins have gained massive attention from investors. This has resulted in many tokens recording a 2X – 3X surge in the past 2 weeks.

Dive in, as in this article, we have covered the market sentiments, price action, and short-lived price targets of the top 3 altcoins that have the potential to record a surge of up to 100% during the upcoming weeks.

Arcblock (ABT)

The Arcblock price has recorded a jump of approximately 25% in the past day with a trading volume of $3.819 million. Moreover, it has jumped 48% over the past week and has a YTD return of 812.34%. With a market cap of $196.52 Million, it has secured the 235th position.

The Relative Strength Index (RSI) has displayed a sharp rise toward the overbought range in the 1D time frame. Further, its average trendline shows a bullish rise. This indicates that the ABT price will continue gaining value this week.

Maintaining the price above its support level of $2 will set the stage for the Arcblock price to head toward its upper resistance level of $2.952 in the coming time. Conversely, a bearish reversal could pull the price toward its low of $1.345.

Solama (SOLAMA)

Built on the Solana ecosystem, this project operates under the tagline of the Official โ€œUnofficialโ€ Solana Mascot. The SOLAMA takes its inspiration from Shiba Inu and the Ethereum Network. Further, it has introduced a refreshing and twisted way of experiencing the world of memes.

Notably, this altcoin has recorded a jump of 6.18% in the past day and 53.76% over the past week. Despite recording a correction of approximately 20% during the past month, the SOLAMA price has surged 3,215.94% since its inception.

With a trading price of $0.01345 and a circulating supply of 653,868,075 SOLAMA tokens, it has secured the 1,056th position in the global cryptocurrency list with a market capitalization of $8.796 Million.

Popcat (SOL) POPCAT

Despite recording a correction of approximately 3%, the POPCAT price has recorded a jump of 82.86% over the past week and has rewarded its long-term investors with a yearly return of 9,060.79%. With a market cap of $727.87 Million, this altcoin has secured the 89th position.

The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram with its averages displaying a significant rise. This highlights increased buying-over-selling pressure for the POPCAT price in the crypto market.

If the market continues trading under a bullish sentiment, the Popcat (SOL) price will prepare to test its high of $0.99730. On the flip side, a bearish action could pull the memecoin toward its lower support level of $0.38805 during the upcoming weeks.

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