Must Watch Top Performing Altcoins With Massive Upside Potentials
The post Must Watch Top Performing Altcoins With Massive Upside Potentials appeared first on Coinpedia Fintech News
The crypto market returned after a bearish day caused by the negative impact of Ethereum ETFs’ net negative inflows. With BTC back to $67K, the altcoins quickly bounced back and signaled a potential bull run in the coming days. Amidst multiple altcoins, today’s top-performing altcoins bring forth a highly likely uptrend with a breakout or reversal rally. So, let’s look closer at these must-watch top performing altcoins to find out their bullish potential.
Top Performing Altcoins To Watch Out: Helium (HNT)
With the unleashed momentum of a trendline breakout, the HNT price completes a successful post-retest jump. The overnight jump of 7.37%, making it a top performing altcoin, comes with a lower price rejection tail.
Currently, the HNT price trades at $5.238 with a bullish attempt to break past the $5.25 supply zone. Further, the bull run increases the chances of a golden crossover between the 50D and 200D EMA.
If the bullish momentum continues above the $5.25 zone, Helium could hit the $2 psychological mark and $2.75 as the next potential target.
Mantle (MNT)
Putting an end to the correction phase, the MNT price action reveals a falling channel breakout in the daily chart. The bull cycle starting with the channel at $0.62 now retests the 23.60% Fib breakout at $0.81.
With a successful post-retest jump, the MNT price action forms a morning star pattern at the baseline. Further, the 7% rise, including the lower price rejection, helps Mantle rank among the top-performing altcoins.
If the uptrend continues, the breakout rally shows an upside potential of almost 50% to hit a 78.60% Fib level at $1.26. Hence, the bull run in the altcoin presents an offer of surpassing the $1 psychological mark.
Pyth Network (PYTH)
The most questionable but with the biggest upside potential in this list of bullish altcoins, the PYTH network is a high-return, high-risk token. With a bullish reversal uprising from $0.27, PYTH token has increased by 41% in value.
Further, a triple white soldier pattern has pumped the altcoin by 15% within 72 hours, making it one of the top-performing altcoins. In the weekly chart, the double bottom reversal chances are high for PYTH, with the uptrend approaching the 23.60% Fib level.
A bullish trend continuation is likely to the 23.60% Fib level at $0.47 to complete a rounding bottom reversal. Hence, a 25% upside is likely in the coming couple of weeks. Optimistically, a bullish trend reversal could hit the 50% level at $0.70.
