These 5 Altcoin Investors Attention: 24x Expected!

We see that there are a lot of predictions in the Bitcoin and altcoin world. We don’t know if it will happen or not. However, it is possible to say that there is always hope. Expectations for 5 altcoins are at their peak. Let’s look at the details.

Bullish prospects for altcoin Ethereum

Ethereum price has held steady above $1,800 for about two months. Today, it traded at $1,864. On the upside, price action was capped below $2,000 amid the general decline in trading volume. After the Ripple decision in early July, investors focused less on Bitcoin (BTC) and altcoin Ethereum. They favored other leading altcoins such as XRP, Cardano (ADA), Polygon (MATIC), Solana (SOL) and most recently Dogecoin (DOGE).

Ethereum stayed above $1,800 at a time like this. Also, this was a move that prevented possible declines to $1,700 and $1,600. If there is a recovery from the current market value, altcoin Ethereum will rise above $ 2,000

What does it take for Ethereum to rally?

There are approaches that the Ethereum price is on the verge of a significant breakout. Accordingly, it is expected to close the gap between $2,400 and $2,000, the level in May 2022. Accordingly, the daily chart shows the formation of an inverted head and shoulders (H&S) pattern. This means a 19% rise for the altcoin. Accordingly, the price will rise to the level of $ 2,385.

When trading H&S, it is necessary to look at other indicators. In particular, reference should be made to the Money Flow Index (MFI), which tracks fund inflows and outflows in altcoin Ethereum markets. However, the MFI presented on the daily chart has a bullish outlook. This means that a break is at hand.

Terra Luna Classic (LUNC) community expects growth

The Terra Luna Classic (LUNC) community is expecting a price increase with a positive model and community-owned wallet offer. Analysts predict a 400% price increase for altcoin LUNC. LUNC offers an exciting investment opportunity with continued positive momentum.

Core developer Joint L1 Task Force (L1TF) has proposed setting up a community-owned wallet to coincide with the rise in the LUNC price. The value has experienced a steady decline since then. However, experts remain optimistic about the potential for recovery.

A bright future prospect

Leading crypto analysts, including Javon Marks on the X platform, foresee a bright future for the LUNC token. The token’s analysis of price action over the past 12 months points to a promising pattern suggesting a staggering 400% price increase potential. This optimistic momentum could lead to significant growth within the altcoin LUNC community.

The outlook for a price rally is promising. But experts warn that it may take several months for this type of growth to fully occur. The developers are working diligently to implement significant changes to the network. On the other hand, this may trigger some aggressive price movements for investors and LUNC holders.

Bitcoin prediction from crypto analyst Michaël van de Poppe

There is new news from a widely followed crypto trader. The trader believes that the price action of Bitcoin (BTC) today and tomorrow is of great importance. Crypto analyst Michaël van de Poppe addressed his 661,300 Twitter followers. He says BTC’s price action will be determined by the US personal consumption expenditure (PCE) and gross domestic product (GDP) figures, both of which will be released today.

The analyst thinks that if the numbers are good, BTC will exceed the level of 30 thousand dollars. He also states that he will not be surprised if these levels come.

According to Van de Poppe, GDP figures came in more positive than expected. The trader expects BTC to rise if the PCE numbers are also positive.

$10 emphasis for Altcoin LINK

Michaël van de Poppe doesn’t just offer an opinion on Bitcoin. He also offers insights for the cryptocurrency LINK. Accordingly, the crypto analyst focusing on altcoin Chainlink (LINK) predicts that LINK is ready to explode.

The analyst, who recommended investing in LINK, states that the cryptocurrency is full of retesting. Accordingly, he says that the altcoin price will reach the level of $ 10 in the near future. cryptocoin.comLet’s say that LINK is trading at $ 8 level.

Expectation for Dogecoin

Taking a look at Shiba Inu’s (SHIB) rival Dogecoin (DOGE), the crypto analyst predicts a massive move to the upside again. According to this expectation, altcoin Dogecoin is on the eve of a significant increase.

DOGE is likely continuing its expansion towards $0.10. At this point, the analyst recommends buying the bottom levels. At the time of writing this article, DOGE is trading at $0.787.

Huge prediction for altcoin XRP

A top Bitcoin analyst says that XRP will hit between $25 and $30 in the upcoming bull run. He also advises to be careful during this accumulation phase. On the other hand, Captain Faibik, a pro-Bitcoin crypto analyst, expressed his belief that the altcoin XRP could rise to highs between $ 25 and $ 30 in the upcoming bull run. Despite his optimism, he advised caution, emphasizing that the current stage should be approached calmly.

Captain Faibik advised not to succumb to Fear of Losing (FOMO). It urges investors to adopt a stable and patient accumulation strategy. In addition, Faibik states that the expected bull run is not an empty dream. Accordingly, he reassures that it is a matter of time.