Altcoins are gaining ground in the crypto market, with investors looking beyond Bitcoin. This week, three altcoins stand out for potential big returns: Solana (SOL), Jupiter (JUP), and Toncoin (TON).
Let’s find out why these cryptocurrencies should be closely looked at this week.
Also Read: US Dollar vs. Indian Rupee: Current Trends and Analysis
Buy Solana (SOL), Jupiter (JUP), and Toncoin (TON) for Big Returns
Jupiter (JUP) Shows Promising Momentum
Jupiter (JUP) has gained 21% in the last 48 hours. The price chart for the token shows a bullish turn. It also shows a double bottom pattern with a value of $1.12 neckline.
JUP is nearing its neckline with targets at $1.32, $2.00, and $2.75 if the trend continues. Traders are watching for quick gains.
Also Read: Dogecoin Forecasted To Rise Near Its All-Time High of $0.73
Solana (SOL) Bounces Back Strong Among Altcoins
Solana has shown resilience, bouncing back 40% from its recent low of $110. The altcoin is now testing key resistance levels, hinting at a possible longer uptrend.
The chart shows SOL challenging the 50-day EMA and the 50% Fibonacci level at $157. A break above could spark a rally towards the $190 supply range, with a potential further climb to $223.
Also Read: Dogecoin Forecasted To Rise Near Its All-Time High of $0.73
Toncoin (TON) Hints at New Altcoin Uptrend
Toncoin is valued at $14.53 billion in market cap. It is showing signs of a new uptrend after reaching the 200-day EMA.
TON’s ability to stay above $5 is encouraging bulls. Unfortunately, the appearance of a possible death cross can prove problematic.
Watch Solana (SOL), Jupiter (JUP), and Toncoin (TON) to earn cash this week. Stay updated with the latest information for successful investing.
Also Read: Ripple: Can $1000 Worth of XRP Become $1 Million in 10 Years?
Understanding market trends helps you make strategic moves. We’re curious to see how the market will react to these changes.
