The crypto market is experiencing a positive price drop this week, with Bitcoin falling to a 2-week low near $66000. Altcoins like Ethereum release 7% per week under $2000 USD, Solana, BNB, XRP, Shib, Doge, Pepe, and many of the previous players have been indifferent. Despite the positive participation of the institutions, the economic uncertainty has increased the greed of the market.
Coinpedia Markets analysis for next week predicts a neutral week. Bitcoin will trade between $66,000 and $72,000, and altcoins that have achieved good growth can repeat the cycle.
Here is our list of altcoins to watch next week.
Bittensor (TAO) Target: $414.60
Bittensor (TAO)) is among the star performers, growing monthly by about 80%, from a low price of $171 to $375.
Currently trading at $320.62 with -2.29% growth, TAO/USDT in the 4-hour frame shows firm bullish growth. RSI at 48 is neutral to buy, but the price of altcoin is trading above the Ichimoku cloud, showing the confidence of the buyer.
Moving in an upward direction, the price may return a buying opportunity between $280 to $305. In the same situation, followed by the correction, the TAO coin is expected to sell in the $ 380 to $ 415 zone in the next 2 weeks.
In case of invalidity, Bittensor currency prints strong support at the $300 phsycolegal level.
Siren ( SIREN) Goal: $4
The newly launched AI-memecoin on the BSC, SIREN, has been on the winning streak for the past week. At press time, SIREN money It is trading at $1.66, with a 24h growth of 101% and a monthly growth of 337%. I should also note in the last two trading days, it has dropped a good 62% in days, falling to around $0.875.
Despite all the Investigations and warnings about the high volume of products managed by the group, SIREN’s investment is an interesting and clear result of FOMO mixed with ongoing uncertainty.
SIREN/USDT is also seen with long/short bonds, which could push the price closer to the horizontal resistance at $1.7. A strong hold above this level could lead to a resistance rally near $2.06.
In the event of a breakdown, a break below $1.50, SIREN can restore support at $1.20.
Midnight (NIGHT) Target: $0.072015
Cardano’s Midnight (NIGHT) coin has also received attention after the UK’s Monument Bank announced its plans to issue ADA and NIGHT tokens. Furthermore, today, the meeting was supported by the Australian exchange of CoinSpot yesterday.
NIGHT COST at the time of writing it is trading at $0.05164, up 12.4% in 24 hours and moving 18.67% in one month. Launched in early March, the midnight coin has earned its place in the top 50 coins in a market of $744.4m USD.
The NIGHT/USDT 4-hour chart shows the altcoin’s momentum going forward. The Average Directional Index (ADX) is at 26 and up, indicating that buyers have entered since March 26. The MACD line is above the indicator; there is a lot of quick change for you to benefit from.
NIGHT’s support now sits at $0.045 and $0.0423, and the painful resistance area at $0.5517, breaking further will push the altcoin to the $0.07 zone.
Other currencies on the list are
Pudgy Penguins ($PENGU)
- Now: $0.006546
- Price: $0.0077
River ($RIVER)
WikiCat ($WKC)
- Now: $0.0000001104
- Price: $0.000000018504
Qubic ($QUBIC)
- Now: $0.0000009989
- Price: $0.00000166719
Osaka Protocol ($OSAK)
- Now: $0.00000004137
- Price: $0.000000070414
Dusk ($DUSK)
- Now: $0.1104
- Price: $0.2110
Hachiko ($HACHI)
- Now: $0.000000005016
- Price: $0.00000000157491
The market is very sensitive to the war situation, and Bitcoin is falling because of the uncertainty, causing altcoins to fall as well. But the above funds are the ones that have not been affected much by the current situation.
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