These 3 Altcoins Should be in Your Watchlist for Bull Run
Kaspa, Brett, and AKT present compelling opportunities for traders and investors looking to capitalize on the next bull run of crypto price movements.
As the crypto market currently navigates through fluctuating tides, the spotlight for next bull run turns to three potential altcoins poised for massive gains amidst the ongoing market volatility. Bitcoin’s recent growth past $62,000 and Ethereum’s tentative ETF developments have set the a solid base, with attention now shifting to altcoins showing resilience and growth potential.
1. Kaspa (KAS): Target $0.30
Kaspa, a proof-of-work blockchain, has surged from $0.147 to $0.17, marking an approx 22% increase in June 2024. Trading above key moving averages, Kaspa exhibits strong growth outlook, supported by indicators like the Awesome Oscillator suggesting a bullish upward momentum with potential resistance near $0.186. With the Elder-Ray Index currently signaling buyer strength, Kaspa aims for a significant breakout above $0.30 in the coming week.
2. Brett (BRETT): Target $1.5 to $2
Emerging as a standout base network based meme coin, Brett has captured trader interest with a notable 30% spike from $0.1250 to $0.15 this week. Despite encountering resistance at $0.16, Brett’s trajectory further remains optimistic, supported by recent fundamental developments such as listings on SuperEx and anticipation around SeamlessFi. MACD and Alligator suggest a consolidation phase, positioning Brett for potential profit-taking moves towards $0.2 and further, aiming to breach its all-time high.
3. Akash Network (AKT): Target $4 to $4.7
Investors remain confident in Akash Network following a robust 34% surge from $2.50 to $3.50 within four days. Trading above key support levels, AKT defends critical moving averages while eyeing a bullish breakout upon crossing the EMA 200. Further supported by a favorable RSI and MACD golden cross, Akash Network is poised for further gains, with targets set between $4 and $4.7 as it consolidates recent upward momentum.
Amidst a backdrop of dynamic market conditions, these 3 altcoins present compelling opportunities for traders and investors looking to capitalize on the next bull run of crypto price movements. As the month unfolds, all eyes will be on how these assets navigate the evolving landscape, offering potential for both profit and strategic positioning in the digital asset space.
