The post Will These Top Performing Altcoin Lead A 2x Surge Next Week? appeared on BitcoinEthereumNews.com.

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? With the meme coins leading the way, 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 Jumps 36%, Eyes $3 Being a top-performing altcoin, the WEMIX token showcases a price jump of 36% overnight. With this, a massive bullish engulfing token undermines the bearish trend last week.  TradingView However, the altcoin showcases a long-term bearish trend in the daily chart. With this recovery, the WEMIX price surpasses the 50D EMA but may shortly 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%, reflecting a pullback after the massive jump.  If the bull run persists, the uptrend in the WEMIX price can reach the $3 mark.  Strong Uptrend in Altcoin BNX Eyes $2 With A Breakout Run With a bull run in action, the BNX price action forms a solid support trendline in the 4H chart. In the recent trend, the altcoin formed a pullback phase with a resistance trendline, keeping the growth under check. TradingView However, the recent bullish revival from the support trendline has led to an end in the correction phase in the altcoin. With the trendline breakout, the BNX price reclaims 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…

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Filed under: News - @ June 26, 2024 10:14 am