With the price of Bitcoin attempting to reclaim the $58K mark during the early Asian trading hours. Top altcoins have experienced a bullish recovery over the past few hours. Moreover, the Ethereum price has recorded a similar price action over the past day.
Following this, many altcoins have recorded a double-digit jump in their respective portfolios. This suggests a rising bullish sentiment for these tokens in the market.
In this write-up, we have covered the top 3 altcoins that have the potential to record massive uptrends in their respective portfolios during the upcoming weeks.
Sui Coin Price Retests Its Support Trendline
Amid increased buying pressure, the Sui price has added 3.58% to its portfolio within the past day with a trading volume of $242.58 million. Moreover, with a jump of approximately 69% during August, it has secured the 32nd position with a market cap of $2.171 billion.
The Moving Average Convergence Divergence (MACD) has recorded a constant decline in the red histogram. Further, its averages show a high possibility of a bullish convergence in the 1D time frame. This suggests a positive outlook for the altcoin in the coming time.
If the market continues trading under the bullish sentiment, the SUI coin price will retest its resistance level of $1.015 this month. On the flip side, a negative action could pull the price of this altcoin toward its crucial support of $0.460.
Also, read: SUI Price Prediction 2024 – 2030
WLD Price On The Verge Of A Major Break Out?
The Worldcoin price has jumped over 3% within the past day with a trading volume of $95.470 million. Moreover, it is on the verge of breaking out of its resistance trendline of the triangle pattern. This suggests a positive outlook for the WLD price in the coming time.
The Relative Strength Index (RSI) continues to display a neutral trend. However, its average trendline shows a high possibility of a positive crossover. This highlights a potential bullish reversal for the Worldcoin price.
Suppose, the bulls break out of the resistance trendline of the triangle pattern, in that case, the WLD price will head toward its upper level of $3.30. Conversely, a bearish action could result in it recording a new yearly low.
OKB Crypto Displays Consolidated Price Action
Despite recording a correction of 33.08% this year, the OKB price has jumped over 18% during the past month. This highlights a rising bullish sentiment for the altcoin in the cryptocurrency market.
The Simple Moving Average (SMA) is on the verge of recording a bullish convergence in the OKB price chart. Moreover, the MACD indicator shows increased bullish sentiment. This suggests that the altcoin may gain significant value in the coming time.
If the bulls regain power, the OKB price will prepare to jump toward its resistance level of $46.05 this month. However, a bearish reversal could pull the price toward its low of $35 during the upcoming weeks.
Also, read: Worldcoin Price Prediction 2024 – 2030
Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0
CFN Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed