The emergence of DeFi and growth around NFT space helped some altcoins prices to rise during the 3rd quarter. Some assets are still on the rise and some other assets are trying to trace their major resistance level to form new ATH.
As the global crypto market cap is again approaching the $2 trillion market cap AVAX, LUNA has already taken off. Cardano(ADA), Solana (SOL), and other altcoins in the space also possess the strong potential to clinch their new ATH in the upcoming bull cycle.
AVAX and LUNA to Go 10X of Their Previous ATH!
Avalanche (AVAX) is a smart contracts platform for dApps recently began trading on Coinbase Pro last week. Prior to few days of the listing, AVAX price formed a new ATH at $79.52 on September 23rd, 2021. With a slight pullback, the price is trading at $66.39 at the press time. Hence as the price is close to the immediate resistance level, a breakout could result in a huge price rise.
Terra Luna price is seeing a strong uptrend from the last week. The altcoin hit ATH at $47.58 on October 4th, 2021. As the altcoin season is on the horizon, the coin could boom to new milestones. If it fails to hold the present level, the immediate support region is between $25 to $28.
The Next Stop is ATH for Ethereum and Solana!
Ethereum price is down by 1.45% in the last 24 hours. The asset reversing 8.05% of loss in the past week, is trading at $3,342 at the press time. The coin has the strong potential to form a new ATH as it broke out at its previous major resistance of $3,100.
As soon as the bull rally begins the SOL price could easily surpass its ATH of $214.96. Solana has the strong potential to go 100X if it breaks the resistance as it rallied by 450% in its previous bull run.
Cardano and Polkadot are Patiently waiting for Breakout!
Cardano price surged by 175% in the month of August. Since then the asset is retesting at major resistance of $2.40. Break out could result in a massive ADA price surge. Cardano’s recent partnerships and integrations to its fundamentals seem to have not made any significant effect yet. But in the upcoming bull cycle, these developments might contribute to the price momentum.
The Polkadot price has rebounded from the crucial support level of $27.27. The asset is currently looking for a breakout at $37.45, this may result in a DOT price rally to form a new ATH above $50.
These Meme Coins Could Skyrocket Soon!
Shiba Inu price is hovering at its crucial support level of $0.000007856 break out could result in skyrocketing the assets price by 1000x. SHIB spiked by 1960% in the may bull run.
SAFEMOON price spiked by more than 500% two times in 2021. The meme coin is lingering around the major support level at $0.0000014 for the past few months. The break-out could result in forming a new ATH in the upcoming bull cycle. Akita Inu surging by 4000x hit ATH during mid-May.