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WEMIX, BNX, AIOZ Price Analysis: Which Altcoin Will Rally by 100% Next Week?

王林
王林Original
2024-06-26 19:52:21657browse

With the bull market starting to surface, the massive jump in low-cap altcoins signals a diversified approach from investors. As the uptrend picks up pace in these underrated tokens, will the bull run lead to a 100% surge next week?

WEMIX, BNX, AIOZ Price Analysis: Which Altcoin Will Rally by 100% Next Week?

As the bull market begins to unfold, low-cap altcoins are making a strong showing, indicating a diversified approach from investors. With a close examination of these underrated tokens, will the bull run lead to a 100% surge next week?

Meme coins are also making waves, begging the question: should you consider buying these low-cap altcoins for a 2x surge in the short term? Let's take a closer look at the price charts of these top-performing altcoins to gain a deeper understanding.

WEMIX Token Surges 36%, Targeting $3

Among the top-performing altcoins, the WEMIX token showed a strong price surge of 36% overnight. A massive bullish engulfing token countered the bearish trend last week.

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In the daily chart, the altcoin showcases a long-term bearish trend. With this recovery, the WEMIX price crossed the 50D EMA and might quickly approach the supply confluence of the 200D EMA and a resistance trendline.

Currently, the altcoin trades at $1.34 with an intraday drop of 3.30%, indicating a pullback after the massive jump.

If the bull run continues, the uptrend in the WEMIX price could reach the $3 mark.

Strong Uptrend in Altcoin BNX Aims for $2 with a Breakout Run

In a bull run, the BNX price action formed a strong support trendline in the 4H chart. In the recent trend, the altcoin formed a pullback phase with a resistance trendline, keeping the growth in check.

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However, the recent bullish revival from the support trendline led to an end in the correction phase in the altcoin. With the trendline breakout, the BNX price reclaimed the $1 psychological mark.

Currently, the BNX price trades at $1.176 after the 16% overnight jump. If the bull run sustains, the uptrend can surpass the $1.50 peak for an attempted run to $2.

Considering the uptrend sustains, a breakout rally of the falling wedge can reclaim the $1 psychological mark. With this breakout momentum, the AI token can jump to the $2 mark or the 1.618 Fibonacci level by the end of July.

AIOZ Price Prepares for Channel Break for a 2x Surge

After the bullish failure to cross the $0.90 mark from the reversal at $0.60, the AIOZ price faced a massive drop. In the declining trend, the altcoin fell below the 200D EMA and the $0.50 psychological support.

Moreover, the downfall increased the chances of a death cross in the daily chart between the 50D and 200D EMA.

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But the recent price surge of 12.66% from the support trendline showed a bullish overnight recovery. The bullish reversal tests the broken 200D EMA and may quickly reach the overhead trendline.

With a bullish recovery, the uptrend in the altcoin can lead to a price surge to $1.

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