As we reported at Kriptokoin.com , the crypto market has been witnessing remarkable movements in recent days. However, according to analysts, 3 popular altcoin are giving bullish signals in technical analysis. Analysts believe that these assets will provide significant profits to their investors in the coming period. Especially names such as Elon Musk and Donald Trump have had a positive impact on the sector. This further strengthens expectations. So what is expected in the markets? Here are analyst estimates and technical views for these 3 altcoins.
First Altcoin on Analyst’s List: Falling Wedge Formation in Notcoin
Notcoin (NOT) is on the agenda with a chart formation that dazzles investors. The falling wedge formation shows that the price is stuck in a downtrend. However, this squeeze may soon result in an upward breakout. In addition, analysts predict that the NOT price may move towards the $ 0.012 level under the influence of this formation.
NOT is currently trading at $0.006. However, the altcoin has gained 7.9 percent in the last 24 hours. The realization of this formation will provide a strong profit opportunity for investors. Technical analysts state that this move provides a strong risk-reward ratio.
Big Goals in Ethereum
Ethereum (ETH) continues to be one of the most notable projects in the crypto world. Also, ETH, which is moving in an ascending channel, has created support at the lower limit of this channel. In addition, analysts predict that the ETH price could rise to $ 6,000 in the coming period. However, analysts like Ali Martinez think that the leading altcoin ETH offers an attractive opportunity to open a long position at its current price levels.
ETH is currently trading at $2,902, up 1.5% on the day. Analysts say this rally could accelerate in the coming days. If these predictions come true, Ethereum investors will make significant gains .
Last Altcoin on Analyst’s List: Dogecoin Expects a New Rally
Dogecoin (DOGE) is back on the agenda with the support of Elon Musk. Analysts suggest that DOGE could experience a major rally based on its historical price action. Analysis based on Fibonacci levels suggests that DOGE could reach a level between $4 and $23. Musk’s love for Dogecoin and the Trump administration’s crypto-friendly policies further strengthen these expectations.
DOGE is currently trading at $0.1969 and is up 15% in the last 24 hours. Investors expect this rally to push DOGE to new heights. If analysts’ predictions come true, it could be an exciting time for Dogecoin holders.
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