The crypto space has witnessed so much volatility in the past few months. Many have traced this downtrend to the upcoming US elections and geopolitical tensions across the world. However, the market seems to be bouncing back with analysts making bold predictions.
Crypto experts have looked at the market and selected the top bullish coins worth buying. These coins are Chainlink, Optimism, Monero, Tron, and Angry Pepe Fork. Find out why below.
Chainlink Surges on Bullish Run, as Analyst Warns of Resistance at $12.5
Chainlink (LINK), the decentralized oracle network, is one of the cryptos showing signs of an imminent rally. CoinMarketCap data shows a 75% gain in the YTD price metrics. The market activity has also improved, with the Chainlink market cap hovering between $6.2 – $6.5B.
Going forward, Chainlink’s price performance has improved in the past few weeks as it continues its progress in real-world asset tokenization. Some analysts believe that if the Chainlink token can surpass resistance at the 50-day EMA ($11.25), it could be set to retest the 200-day EMA ($13.36).
Although Chainlink Market sentiment is bearish, an expert, Crypto Yapper in X, believes it can break bullish. Focusing on the daily timeframe, the analysts believe that the $12.5 resistance level is one to watch out for soon. As such, LINK might witness a breakout in the coming weeks.
Expert Predicts Optimism Potential Breakout
Optimism (OP), the layer two blockchain built on Ethereum, is one of the cryptos projected to set new records in the coming months. CoinMarketCap shows 16% gains in the monthly price chart. The Optimism market cap is consolidating between the lows of $1.5B and highs of $2B.
The technical analysis shows that Optimism crypto is trading above the 50-day SMA ( $1.44) but short of the 200-day SMA ($2.36). Even at that, Coincodex forecast that the Optimism price might reach $5.09 in the coming weeks.
Despite the gloomy market outlook, Jonathan Carter posted a chart on X showing the Optimism token price approaching a trendline which could lead to a breakout. He believes that if this trend continues, potential targets are $2, $2.50, and $3, respectively.
Monero Price Prediction – XMR could hit $200
Monero (XMR), which brands itself as a secure, private, and untraceable cryptocurrency, has found itself under scrutiny after a new leaked video shows that Monero transactions can be traced. While the video has been deleted, the Monero price seemed unaffected.
Monero CoinMarketCap data shows a 14% gain in the past 30 days. Also, the Monero trading volume has continued to grow as analysts eye a breakthrough of the $180 major resistance zone. Going forward, Monero crypto is trading above the 50-day and 200-day EMAs.
With 19 green days in the past 30 days and bullish Monero market sentiment, analysts believe that the Monero token has a high potential to hit $200 in 2024, making it a valuable addition to your wallet. Coincodex has made a bold Monero price prediction – which is $235 in the coming weeks.
Tron Set for a Bullish Run, Expert Predicts Upward Momentum
Tron (TRX) is another crypto that is witnessing increasing market activity, which is attributed to the growing adoption of the Tron ecosystem. Ranked among the top 10 cryptocurrencies in CoinMarketCap, Tron’s price has surged by 21% in the past month.
The Tron crypto has also set support above the $0.15 mark, with the coin trading above the 50-day EMA ($0.14) and 200-day EMA ($0.12). The Tron market sentiment is bullish, with over 15 key market indicators showing bullish signs.
Ambcrypto forecasts the Tron coin price to hit $0.17 before the end of 2024. Going forward, crypto analyst Whales Crypto Trading, in a post on X, observed a positive bullish sentiment on the Tron price chart and projects 100- 150% gains in the coming weeks. As such, it is one of the cryptos to watch out for in Q4.
Angry Pepe Fork Emerges as the Ultimate Memecoin in 2024
Angry Pepe Fork is a new meme coin set to dominate the market. Built on the Solana blockchain, it is on a mission to conquer zombie meme coins that have no value. Unlike other meme coins such as Bonk and Dogwifhat, which have no utility, Angry Pepe Fork has real-world utility.
The Angry Pepe Fork ecosystem is designed to reward users through the staking pool and conquer to earn model. The staking pool allows individuals to stake their tokens in the presale and earn rewards for that. As for the conquer to earn model, users earn Angry Pepe Fork tokens for participating in quests, tournaments, community events, and raids.
Meanwhile, the utility token of the platform, APORK is in stage 1 of the presale and sold for just $0.025. Like Bitcoin, Angry Pepe Fork has a fixed supply of 1.9B tokens which will ensure value appreciation in the long term. Some analysts believe that Angry Pepe Fork will follow the price trajectory of Pepe, which recorded over 500% price growth in the year.
As such, they project 500% growth for APORK in the coming weeks. Meanwhile, the project is secure, as the smart contract has been audited by SolidProof. As such, users can be assured of the safety of their funds. With plans to integrate more utilities in the coming months, Angry Pepe Fork is taunted as the next 100x Solana meme coins, making it a project to watch out for.
What are the Top Meme Coins To Buy in 2024?
Although the crypto market isn’t completely out of bearish trends, there are still valuable coins to invest in 2024. Over the months, these coins have shown resilience in the face of market downturns. Based on trends and forecasts, experts believe Chainlink, Optimism, Monero, Tron, and Angry Pepe Fork are bullish coins worthy of buying today.
Visit the Angry Pepe Fork Presale:
Website: https://angrypepefork.com/
Telegram: https://t.me/AngryPepeFork
Socials: https://x.com/AngryPorkCoin
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