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MainNewsAnalyst: JUP...

Analyst: JUP, ICP, AR, DOGS Primed for Massive Breakouts


Sep, 28, 2024
< 1 min read
by CoinEdition
  • JUP’s breakout signals a bullish reversal, targeting $1.0926 for a 119.65% upside.
  • ICP shows strong bullish potential, aiming for $14.55 with a 171.91% increase.
  • DOGS may rise 50-60%, with a target of $0.001850 after breaking its descending channel.

Analyst Captain Faibik is calling out a handful of altcoins primed for a breakout: $JUP, $ICP, $AR, and $DOGS.  He sees these tokens snapping out of recent downtrends, with chart patterns pointing to serious upside potential. If Faibik’s right, this could be the start of a major altseason rally.

$JUP: Upside Breakout from a Descending Channel

As at press time, priced at $0.93 $JUP has a 24-hour trading volume of $139,877,702. The cryptocurrency has been moving within a descending channel since March 2024. However, it recently broke above the upper trendline of this channel, suggesting a potential bullish reversal.

Key support levels include $0.92, acting as immediate support after the breakout. A retracement could test this level before continuing its upward trajectory. If deeper corrections occur, $0.80-$0.85 may serve as another support zone. 

Read also: Key Altcoins Signal Potential Undervaluation: LDO…

The post Analyst: JUP, ICP, AR, DOGS Primed for Massive Breakouts appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsAnalyst: JUP...

Analyst: JUP, ICP, AR, DOGS Primed for Massive Breakouts


Sep, 28, 2024
< 1 min read
by CoinEdition
  • JUP’s breakout signals a bullish reversal, targeting $1.0926 for a 119.65% upside.
  • ICP shows strong bullish potential, aiming for $14.55 with a 171.91% increase.
  • DOGS may rise 50-60%, with a target of $0.001850 after breaking its descending channel.

Analyst Captain Faibik is calling out a handful of altcoins primed for a breakout: $JUP, $ICP, $AR, and $DOGS.  He sees these tokens snapping out of recent downtrends, with chart patterns pointing to serious upside potential. If Faibik’s right, this could be the start of a major altseason rally.

$JUP: Upside Breakout from a Descending Channel

As at press time, priced at $0.93 $JUP has a 24-hour trading volume of $139,877,702. The cryptocurrency has been moving within a descending channel since March 2024. However, it recently broke above the upper trendline of this channel, suggesting a potential bullish reversal.

Key support levels include $0.92, acting as immediate support after the breakout. A retracement could test this level before continuing its upward trajectory. If deeper corrections occur, $0.80-$0.85 may serve as another support zone. 

Read also: Key Altcoins Signal Potential Undervaluation: LDO…

The post Analyst: JUP, ICP, AR, DOGS Primed for Massive Breakouts appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Thailand’s SET Imposes Emergency Rules: Short Selling Banned Apr 8-11

Thailand’s SET Imposes Emergency Rules: Short Selling Banned Apr 8-11

Thailand’s Stock Exchange (SET) will temporarily ban the short-selling of all securit...
Apr, 07, 2025
< 1 min read
by CoinEdition
BlackRock CEO Larry Fink “Won’t Rule Out” Another 20% Market Drop

BlackRock CEO Larry Fink “Won’t Rule Out” Another 20% Market Drop

BlackRock CEO Larry Fink suggests that another 20% stock market drop could come amid ...
Apr, 07, 2025
2 min read
by Watcher.Guru