With the Ethereum and Bitcoin price trend teasing a bullish jump ahead, the altcoins market anticipates a massive surge in the coming week. Amidst the recovering rally, the low-cap crypto on Page 3 on Coinmarketcap is known for massive jumps and even reaching the top 100 list sometimes.
So, let’s look closer at our top picks of low-cap crypto picks for a massive jump.
Amid the current market recovery, the Taiko showcased a steady upswing with four bullish candles in the daily chart. This reversal propelled the altcoin from a $1.95 low to currently trade at $2.39, registering a growth of 22%. Consecutively, the market cap of the crypto has surged to $158.1 Million.
Going into the technical details, the rising Taiko price reveals the formation of an inverted head and shoulder pattern. This chart setup is often considered a sign of bottom formation and provides crypto buyers with a fresh breakout opportunity.
Under the influence of this pattern, the crypto could rise another 5% before the challenge of the key resistance at $2.5. A potential breakout will accelerate the bullish momentum and push the price rally to $3.3.
For nearly a month, the Aethir coin has projected a boring sideways action, hovering above the horizontal support of $5.9. Despite the recent market correction, the strong resilience of the ATH price indicates that buyers have not abandoned this cryptocurrency.
A bullish reversal from $5.9 support on July 5th has uplifted the $0.76, accounting for a weekly growth of 36%. Amid the recovery, the crypto experienced a bullish breakout from the downsloping trendline that has registered sustainable recovery in ATH since mid-June.
If the breakout sustains, the crypto could witness a prolonged rally to $0.086, followed by $0.102.
With an intraday gain of 5%, the TRU token price trades at $0.1283 with a bullish trend in motion. The recent recovery accounts for a price jump of 35% in the last five days.
As per the Fibonacci levels, the crypto managed to take off from the 78.60% Fibonacci level and is heading to the 50% level. With a V-shaped reversal, the altcoin is heading for another potential breakout.
If the bullish momentum of the reversal rally sustains, then the crypto price could skyrocket to the $0.20 mark.
Galaxy Digital Inc. (NASDAQ: GLXY), a financial investment firm focused on the crypto market, has…
Something big is happening at the crossroads of AI, blockchain, and public markets, and this…
Historical crypto charts indicate that small coins, costing less than a penny, often experience explosive…
The cryptocurrency world is buzzing with excitement as Ruvi AI (RUVI) gains momentum as a…
The cryptocurrency market is experiencing a pivotal moment as institutional money floods into digital assets…
Bitcoin is currently in a quiet phase. The price has been moving sideways without any…
