Bitcoin and Ethereum are showing signs of recovery, hinting at an upcoming bullish season. As market leaders regain their strength, other cryptocurrencies could also see significant gains. This article highlights the altcoins poised for potential explosive growth in the coming autumn months, providing insights into which digital assets might offer the most promising opportunities.
Bitcoin
Bitcoin is currently battling between $51,786 and $59,008, as both bulls and bears vie for control. Although the price remains below the recent high of $63,037, if Bitcoin manages to break through this level, it could rally to $70,259, offering a potential 14% gain. Recent weekly growth of 10% shows that bulls aren’t backing down, despite a broader six-month decline of 13%. The market is tense, and Bitcoin’s next big move could set the stage for a significant rally this autumn if bullish momentum prevails.
Ethereum
Ethereum is currently trading between $2,100 and $2,500, with bulls working hard to push the price higher. While the monthly performance shows a 9% decline, recent weekly gains of nearly 9% indicate that ETH could be gearing up for a stronger recovery. If it can break through the resistance at $2,750, Ethereum may surge towards $3,165, offering an upside of over 25%. With moderate buying interest and support holding firm near $1,900, Ethereum has the potential to deliver substantial gains this autumn if market conditions shift in its favor.
Aptos (APT)
Despite facing recent challenges, Aptos (APT) shows promise for a potential rebound. Currently priced between $5.54 and $6.52, the coin has seen a dip of over 8% this past month. However, if Aptos can break past the nearest resistance at $6.99, it may be poised for a strong rally towards $7.97, a potential 22% increase. With bears currently dominating, the RSI suggests weak buying strength, but should momentum shift, Aptos could be one of the standout performers this season.
Undeads Games Coin
Undeads Games (UDS) is caught in a tug-of-war, trading between $1.10 and $1.44. Though the bears are currently leading the charge, recent weekly gains of 10% show that bulls are starting to gather strength. If UDS can push past its resistance at $1.64, it could see a 14% rise. While the price is currently below key moving averages, the low stochastic suggests that a breakout may be on the horizon. As bullish signals strengthen, this autumn could see Undeads Games coin making a comeback with notable gains.
Ondo (ONDO)
Ondo (ONDO) has been moving within a narrow range of 54 to 64 cents, but recent developments hint at the potential for a breakout. The coin saw a 12% gain last week, and if it manages to surpass its resistance at 68 cents, ONDO could target 78 cents, a potential 22% increase. Despite recent losses, technical indicators suggest that the coin has growth potential. As bulls and bears battle it out, ONDO could surprise investors with a strong rebound this autumn.
Conclusion
BTC and ETH are on a recovery track, showing promise for the market. Along with these two, APT, UDS, and ONDO are altcoins to keep an eye on. Each has unique strengths that could lead to impressive gains if the bull market holds. With momentum building, these coins might offer significant opportunities. The stage seems set for growth across the board. There is potential for these digital currencies to deliver strong performances. Keep watching them as the market evolves.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2024/09/btc-and-eth-prices-recovering-watch-these-altcoins-that-could-skyrocket-if-bulls-run-this-autumn