Are we now seeing the start of altcoin season?

ARE WE NOW SEEING THE START OF ALTCOIN SEASON? TOP ALTS TO WATCH AND THE NEXT POTENTIAL PLAY-TO-EARN GAME

BTC TOP 3

QUICK BITCOIN UPDATE

Back on track to the all-time highs

BTC/USD was forming an inverse head and shoulders pattern. But we still have to see if this will break out as looking in the lower timeframes, it’s somewhat trending downtrend, possibly revisiting around $62k before resuming back up.

Overall, BTC charts are looking really good. Here are some BTC news updates:

TOP 4 ALTCOINS: MASSIVE POTENTIAL

SOL – the platform that everyone is talking about,  fast and cheap to use, a growing ecosystem that high-quality developers are flocking to. Could break $500 this month, could even go as high as $1k in the case of more ETFs being announced.

ILV – Metaverse coins are going to absolutely rip this month all thanks to the increased press from Facebook turning itself into a full-fledged metaverse. Illuvium is an Ethereum-based game integrated with 0 gas layer2 chain (immutable X)! Could easily 2x from here ($1200~ current price)

SCRT – Secret is a data privacy platform for  Web3, using the concept of programmable privacy in everything they do. SCRT has the potential to find new ATH of $30 or more in this cycle.

XRP – will become the most parabolic gainer of the top 15 coins in this cycle. XRP will be relisted on Coinbase and other exchanges. But the fundamental of XRP is what’s going to take it to the moon. It has Flare – killer XRP app that opens up DeFi and NFTs to the XRP ledger blockchain. XRP can blow past $8, and can even top out around $15 this cycle.

Do you own any of these alts?

NEXT AXIE-TYPE NFT GAME, ALTCOIN ALERTS

Looking for the next ‘Axie’ type of game with massive potential to moon? AltcoinDaily suggests SpellFire.

SpellFire is a fantasy game that presents players with unique experiences in the magical world, has introduced the first non-fungible tokens’ (NFT) experience of owning in-game cards in real life.

Spellfire was established back in 1994 and is currently on the Ethereum blockchain whereby it utilizes the DAO concept.

Spellfire has some unique features which make it stand out among its peers in the industry
1. NFTs acquired are digital and physical, making it the first NFT based game that allows owners to touch their NFTs
2. Special NFTs have an “Augmented Reality” feature allowing the owners to interact with their NFTs using gestures
3. NFTs will be upgradable
4. Players can create their own NFTs with unique characteristics

Coins with their critical levels and targets to watch out for…

BTC/USDT – has retested and is going to $67k.

1INCH/USDT – hits the target and more, and now correcting. $4 for a potential bounce back up.

ADA/BTC – retested on the last major support, oversold bullish divergence. looks very promising at the moment given that it closes above the support zone.

ATOM/USD – had a breakout and now ranging, the clear flip of the eq of the channel as support. Should be heading back to the highs, $44. But real trade happens when we flip the prev ATH and go into price discovery.

AVAX/USDT – buy dips, or wait for a flip at $79.80.

CEL/USDT – looks like having a reversal candle (to the upside), but to be safe, wait at least until we’re back above $4.4.

COMP/USDT – anything above $375.9 looks good, target $531, if we flip this, then we’d targeting higher levels.

DOT/USDT – on price discovery, could fail but technically, nothing but clear blue skies. anything above $49.78 is a buying opportunity.

KAVA/USDT – looks good, had a breakout and retested, first target $6.85, then $9.

QNT/USD – if it breaks the downtrend resistance line, target $428.

DISCLAIMER: BUY AND TRADE AT YOUR OWN RISK. THIS IS NOT FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.


ABOUT THE AUTHOR

Elisa A.

Elisa is our Head of Market Analysis at Rocket Crypto X

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