The post Crypto Hidden Gems: The Low-Cap Altcoins Ready to Soar in the Upcoming Weeks appeared first on Coinpedia Fintech News

Analyst Andy Bitcoinsensus, an expert in cryptocurrency trends, has pointed out that several altcoins, particularly low-cap ones, show promising growth. Andy discussed the Bitcoin dominance chart, indicating a potential shift in capital from Bitcoin to altcoins.

He explained that Bitcoin’s dominance shows signs of reaching a critical resistance level, suggesting a possible reversal shortly. This could increase investment in altcoins, driving further rallies in the coming weeks.

Here’s a list of altcoins by the analyst 

Phantom: Andy noted Phantom’s impressive performance, having surged by over 70% in just a week since its mention. This remarkable growth explains the coin’s potential and market traction.

Mina Protocol: Another altcoin that garnered Andy’s attention was Mina Protocol, which had also experienced major gains following its mention. Andy pointed out its breakout from a symmetrical triangle pattern, indicating bullish momentum.

UOS: Andy discussed UOS, emphasizing its recent 50% price surge within three days. This showed the coin’s rapid upward trajectory and potential for further growth.

DAG (Constellation): Andy briefly mentioned DAG, also known as Constellation, explaining its impressive performance with over 50% gains. This further showed the overall positive sentiment in the altcoin market.

IOTA: Andy noted another altcoin, IOTA, which had shown signs of strength by testing previous highs and signaling a potential breakout. Its upward movement added to the optimism surrounding altcoins.

Akropolis: Andy conducted a detailed analysis of Acropolis, stressing its low market cap and potential for a breakout. He identified a double bottom pattern, suggesting a forthcoming surge in price.

PRQ: Similarly, Andy analyzed PRQ, highlighting its bullish ascending triangle pattern and potential for a significant price rally. Upon a breakout, he projected a substantial increase of up to 60-70%.

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Filed under: Bitcoin - @ March 14, 2024 7:29 am