Will Apecoin(APE) Price Smash $30 This Weekend?
Apecoin price yet again gets rejected from its way towards the ATH. But eventually, after a small retest, the price appears to be poised to hit $30 at the earliest. The APE price was following a rising channel which was assumed to drop with a high magnitude. However, a fake breakout nullified the possibilities of a drastic plunge.
Now when the price has rejected the wedge, the next thing the asset could do is clear the next crucial level at $23.96. Moreover, if the price successfully rallies above $25, the path towards $30 may not be very tough. However, the price has not yet been confirmed with a breakout from the pattern. And hence if it re-enters the pattern, it may hit the lower support close to $20 before undergoing a massive rebound.
How High can STEPN(GMT) Price May Rally Before this Weekend?
GMT price on the other hand maintained a significant consolidated trend within a wedge. The price soon broke out from the pattern and raised gigantically. After smashing the highs above $4, the asset quickly dropped hard to the current levels. Despite multiple attempts to halt the descending trend, yet price appears primed to hit the lower support around $3.28.
The RSI is on the verge to hit the lower bottom, while the selling pressure may get eased very soon. And hence displaying a significant chance of a rebound, the GMT price could ignite a strong rebound, but may only reach the middle band of the channel. However, it may face yet another rejection before achieving the crucial $4 level.
No doubt the popular crypto-assets like Bitcoin, Ethereum, Cardano, etc may remain quite consolidated, but newly launched coins may turn the tables. These tokens are expected to undergo a serious upswing which may outperform the BTC price rally and also the ETH price rally.
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Source: https://coinpedia.org/price-analysis/these-coins-may-outperform-bitcoin-in-the-short-term-is-it-the-good-time-to-hold/