Top 3 Underrated Altcoins Preparing Massive Jumps This Week!

Amidst the AI and Meme coins taking centre stage of top performers, certain altcoins are preparing for a moonshot. Despite the short pullback in Bitcoin and top altcoins this Monday, the underlying demand and the Bitcoin Halving could refuel the bull run. 

Ranking in the list of top performers in the last 24 hours, the NEO, ICP and DOT price trend signals a rally around the corner. With these altcoins ready to blast off to their new 52-week high, let’s scan their price charts. 

So, are you prepared to find the next best-performing altcoin? 

Altcoin Heads For A 65% Hike

With a recovery trend in motion, the NEO price trend settles above the 50 EMA in the 4H chart. However, following the golden crossover, the altcoin consolidates and tests the 50% Fib level at $15.81.

TradingView

With the 50 EMA supporting the higher high formation, the NEO price showcases a 2.49% jump this Sunday. However, the crash in BTC price starting this week puts the altcoin back on a discount. 

Nevertheless, the uptrend in NEO breaks above the $18.28, the bull run could hit the 1.618% Fib level at $26.28 mark.

ICP Price Preps For A Launch

With a recovery rally of 46% in the last 14 days, the ICP price reaches the $20 mark before testing the 50 EMA. With a consolidation starting in the 4H chart, the prevailing uptrend leads to a bullish flag. 

TradingView

With the high anticipations of an altcoin season, the ICP token shows immense underlying potential to hit a new high. Considering the bullish trend in the altcoin continues, the ICP price could hit the $31.54 mark. 

Polkadot Ready For A Comeback

With a market cap of $12.48 Billion, the DOT price is resting at the 50D EMA to support the recovery rally. The 43% jump in the last two months reflects the trend reversal in the daily chart. 

TradingView

As per the trend-based Fibonacci levels, the DOT price retests the $10 breakout at the 50% Fib level. Further, with the 50D EMA supporting the retest, the buyers are preparing for a turnaround. 

If the buyers manage to pull off a post-retest reversal, the altcoin could hit the $15.640 mark. 

SOURCE

Leave a Comment