Crypto currency markets have recently re -won the $ 80,000 level of Bitcoin (BTC). While this development made investors smile, it also created excitement in the Altcoin market. In particular, Altcoins such as Avalanche (AVAX), Near Protocol (Near), Toncoin and OCB give potential rise signals. So, what awaits us in these Altcoins? As Kriptokoin.com, we share details and analyst views.
How did Bitcoin reclaim the $ 80,000 level?
Bitcoin, after harsh decreases in the past weeks, re -won the level of $ 80,000, reassuring his investors. This recovery had a positive atmosphere throughout the market. According to analysts, the fact that BTC is permanent above $ 80,000 creates a positive environment for Altcoins. In particular, BTC’s preservation of stability at this level may cause investors to increase the risk appetite and turn to Altcoins. This may be a harbinger of a potential rally in the Altcoin market.
The first Altcoin for the rise of analysts is the technical view for ”avalanche (Avax)”
Avalanche (AVAX), after the recent downward trend, gives signals of recovery. According to technical analyzes, AVAX’s 20 -day mobile average (EMA) shows that the tendency to rise may continue. If AVAX can exceed the 50 -day simple moving average (SMA) at 22.41 dollars, a movement can be expected towards the resistance zone of $ 25.12 to $ 27.23. A closure above these levels can be a powerful signal that the fall trend ends. However, it is important that investors should be careful and follow market dynamics closely.
Near Protocol (Near) and possible rise scenarios
Near Protocol (Near) shows signs of recovery despite a strong downward trend. The positive mismatch in RSI indicates that it may lose control of bears. If Near may close a 50 -day SMA at $ 3.05 -level SMA, a rise to $ 3.65 may be possible. If this level is exceeded, Near can be expected to rise to $ 5. Investors are advised to monitor these critical levels and determine their strategies accordingly.
Other Altcoin Projects in which analysts expect rise ”Toncoin (ton) and OCD” levels to be considered
Toncoin (ton), despite the withdrawal from $ 4, managed to stay above the moving averages. This shows that bulls are active in the market. If the ton can exceed $ 4 resistance, a rise can be expected towards $ 5. A closure above this level can be a powerful signal that the rise trend will continue.
OKB is traded in the falling channel formation. The 20 -day EMA remains on the control of the bulls. If the OCD can exceed the resistance of $ 54, a movement can be expected towards the resistance line of the channel. It is important that investors closely follow these levels and pay attention to risk management.
Is the Altcoin season coming?
Bitcoin’s re -earning $ 80,000 level created a positive atmosphere in the Altcoin market. Altcoins such as Avax, Near, Ton and OCB give potential rise signals according to technical analysis. However, it should be noted that crypto currency markets have high volatility. Investors should pay attention to risk management by giving importance to basic analysis as well as technical analysis. It is critical for a successful investment to closely monitor market dynamics and update strategies accordingly.
