4 Altcoins to Watch for a Potential 200% Price Rally
The post 4 Altcoins to Watch for a Potential 200% Price Rally appeared on BitcoinEthereumNews.com.
As Bitcoin price currently trades at a high of nearly $102,000, the cryptocurrency market still captivates investors amid volatility. Its dynamic movements and potential for substantial returns are drawing renewed attention to the broader crypto space. Among the many tokens competing for investor interest, four altcoins to watch-MANTRA (OM), Minotaurus (MTAUR), XRP, and Shiba Inu (SHIB)-stand out as strong candidates for a significant rally. Below is a detailed price analysis for each, showcasing their potential to surge by over 200%. Altcoins to Watch for a Potential 200% Price Rally As Bitcoin trades above $100,000 OM, MTAUR, XRP and SHIB are altcoins to watch for potential 200 in gains. 1. MANTRA (OM): Bullish Outlook Targeted at $11.4 MANTRA’s recent performance has caught the eye of many investors, with its price showing a bull flag pattern, a technical indicator that signals a potential breakout. Reporting monthly gains of 177.13% to trade currently at $3.96, OM records a market cap of $3.74 billion. A consolidation phase between $3.50 and $4.20 suggests an imminent surge, supported by bullish indicators such as the Relative Strength Index (RSI) at 59 and a positive trend in the Awesome Oscillator (AO). Analysts predict a 230% rally if the price clears the resistance zone of $4.23–$4.53. According to Santiment data , OM has been experiencing reduced exchange supply and increasing interest from non-exchange wallets. This could propel the token to reach a conservative target of $11.40 in the near future. Source: Santiment 2. Minotaurus (MTAUR): Altcoins to Watch Transforming the Gaming Industry Minotaurus (MTAUR) is an altcoin to watch for transforming the gaming world, by integrating blockchain technology with an engaging gaming experience. Central to this platform is the MTAUR token, created to unlock premium functionalities, allow avatar enhancements, and provide entry to exclusive game areas. This ecosystem links…
Filed under: News - @ December 13, 2024 10:27 am