When it came to the bullish expectation for the five altcoins, analysts also stepped in. They have already started collecting these cryptocurrencies. So which one are they?
/parofix.com/categories/altcoin-discussion.415/">Altcoin
-link-e-bakiyor”>Analyst Michaël van de Poppe looks at altcoin LINK
Analyst Michaël van de Poppe’s radar includes the decentralized oracle network Chainlink (LINK). Poppe says that altcoin LINK may be about to rebound to the $9.27 level before September.
According to the analyst, Chainlink as an altcoin has shown very good movements so far. Although the analyst gives the target of $ 9.27, the LINK price is at $ 7.45 levels. Poppe also predicts that there will be a massive inflow of liquidity into digital assets in the coming months.
Analyst Rudy Fares looks at ADA
Cardano continues to attract attention as an important project. Accordingly, it attracts the attention of analyst Rudy Fares. The altcoin ADA serves a dual purpose as a digital currency and as a means for stakeholders to vote on protocol changes. As soon as the crypto Market starts to show signs of a solid bullish phase, the ADA price will also take its share.
Altcoin ADA is well positioned to move out of the $0.30 area and higher. The platform has promising technology. Given the progressive roadmap, there is a possibility that the ADA will reach its targets of $0.40, $0.50 and $0.65 in 2023. The analyst therefore points to a 100% potential in cryptocurrency.
Analyst Flow Horse looks at altcoin UNI
The Flow Horse draws attention to the decentralized exchange Uniswap (UNI). Accordingly, he believes he may be preparing for an upward move. It suggests that UNI’s signals point to a potential uptrend.
On the other hand, the analyst thinks UNI is in the blue chip category. Altcoin UNI is currently Trading at $6.54, up 1.54% in the last 24 hours.
XRP highlight from analyst Jaydee
Renowned grapher Jaydee examines the historical charts of XRP. Accordingly, it analyzes fundamental indicators such as the MACD and ADX/DI crosses. It also suggests a potential bullish scenario for the asset. Jaydee noticed a pattern where the MACD line closed above the signal line in the monthly timeframe, supported by a cross in the ADX/DI indicator, which confirmed the bullish momentum.
Trust Wallet Token is one of the cryptos that have attracted the attention of analysts
The Trust Wallet Token (TWT) recently recovered from a long-term support line. Accordingly, it rose above a short-term bullish pattern and showed promising signs. On the other hand, these developments point to the potential for further price gains in the near future. Since June 2021, the price of TWT has been steadily rising above an ascending support line, with the last bounce occurring on June 12, 2023, providing multiple strong support samples.
In particular, the jumps before this line were followed by significant upward movements (shown by blue arrows). In addition parofix.com The formation of a higher low after bouncing off the support line indicates active buying interest of the bulls. As a result, if history repeats itself, the TWT price will potentially hit around $1.55. This represents a significant increase of more than 60% from the current price.
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Risk Disclosure: Articles and articles on parofix.com do not constitute Investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in them. By investing in Bitcoin and cryptocurrencies, you can lose some or all of your money. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. parofix.com does not recommend buying or selling any cryptocurrency or digital assets, nor is it a parofix.com investment advisor. For this reason, parofix.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or services in this post.
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/parofix.com/categories/altcoin-discussion.415/">Altcoin
-link-e-bakiyor”>Analyst Michaël van de Poppe looks at altcoin LINK
Analyst Michaël van de Poppe’s radar includes the decentralized oracle network Chainlink (LINK). Poppe says that altcoin LINK may be about to rebound to the $9.27 level before September.
According to the analyst, Chainlink as an altcoin has shown very good movements so far. Although the analyst gives the target of $ 9.27, the LINK price is at $ 7.45 levels. Poppe also predicts that there will be a massive inflow of liquidity into digital assets in the coming months.
Analyst Rudy Fares looks at ADA
Cardano continues to attract attention as an important project. Accordingly, it attracts the attention of analyst Rudy Fares. The altcoin ADA serves a dual purpose as a digital currency and as a means for stakeholders to vote on protocol changes. As soon as the crypto Market starts to show signs of a solid bullish phase, the ADA price will also take its share.
Altcoin ADA is well positioned to move out of the $0.30 area and higher. The platform has promising technology. Given the progressive roadmap, there is a possibility that the ADA will reach its targets of $0.40, $0.50 and $0.65 in 2023. The analyst therefore points to a 100% potential in cryptocurrency.
Analyst Flow Horse looks at altcoin UNI
The Flow Horse draws attention to the decentralized exchange Uniswap (UNI). Accordingly, he believes he may be preparing for an upward move. It suggests that UNI’s signals point to a potential uptrend.
On the other hand, the analyst thinks UNI is in the blue chip category. Altcoin UNI is currently Trading at $6.54, up 1.54% in the last 24 hours.
XRP highlight from analyst Jaydee
Renowned grapher Jaydee examines the historical charts of XRP. Accordingly, it analyzes fundamental indicators such as the MACD and ADX/DI crosses. It also suggests a potential bullish scenario for the asset. Jaydee noticed a pattern where the MACD line closed above the signal line in the monthly timeframe, supported by a cross in the ADX/DI indicator, which confirmed the bullish momentum.
MACD is a trend-following momentum indicator that identifies potential changes in an asset’s trend. ADX, Average Directional Index. DI stands for Direction Indicators. ADX determines the strength of a trend, whether it is an uptrend or a downtrend. DI lines determine the direction of the trend. Past confirmations of similar patterns have led to impressive price gains for XRP, ranging from 12-fold to 634-fold in one year. According to the analyst, such a situation brings the price of the altcoin XRP to somewhere between $ 8 and $ 500.
Trust Wallet Token is one of the cryptos that have attracted the attention of analysts
The Trust Wallet Token (TWT) recently recovered from a long-term support line. Accordingly, it rose above a short-term bullish pattern and showed promising signs. On the other hand, these developments point to the potential for further price gains in the near future. Since June 2021, the price of TWT has been steadily rising above an ascending support line, with the last bounce occurring on June 12, 2023, providing multiple strong support samples.
In particular, the jumps before this line were followed by significant upward movements (shown by blue arrows). In addition parofix.com The formation of a higher low after bouncing off the support line indicates active buying interest of the bulls. As a result, if history repeats itself, the TWT price will potentially hit around $1.55. This represents a significant increase of more than 60% from the current price.
Contact us to be instantly informed about breaking news Twitter’also Facebookand InstagramFollow along at . Telegram and YouTube Join our channel!
Risk Disclosure: Articles and articles on parofix.com do not constitute Investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in them. By investing in Bitcoin and cryptocurrencies, you can lose some or all of your money. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. parofix.com does not recommend buying or selling any cryptocurrency or digital assets, nor is it a parofix.com investment advisor. For this reason, parofix.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or services in this post.
Disclaimer: Advertisements on parofix.com are carried out through third-party advertising channels. It also features parofix.com sponsored articles and press releases on its site. For this reason.com advertising links redirected from btc are on the site completely independent of the approval of the parofix.com, and the visits and pop-ups directed by the advertising links are the responsibility of the user. Ads on parofix.com and pages redirected by links in sponsored articles do not bind parofix.com in any way.
Warning: Citing the news content of parofix.com and quoting it with a link is subject to the permission of parofix.com. No content on the site may be copied, reproduced or published on any platform without permission. Legal proceedings will be initiated against those who use the code, design, text, graphics and all other contents of parofix.com in violation of intellectual property law and related legislation.
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