Bitcoin price is heading close to $21,500 after hovering along the pivotal resistance at $20,000 for quite a long time
Some of the altcoins like Band Protocol, Arweave, Chilliz, Fantom, and Litecoin have gained huge bullish momentum and spiked high
After the bearish September faded away, October also kept the crypto space in splits. Meanwhile, since the beginning of November, Bitcoin along with most of the altcoins has been pretty incremental. With the resurgence of a notable upswing, the probability of the beginning of an AltSeason emerges.
Below are the popular altcoins which have raised above the bearish captivity and may maintain a significant upswing in the coming days.
ແຖບອະນຸສັນຍາ (BAND)
- BAND price surged high and regained the levels prior to the market crash in May 2022 but the extended bearish activity has halted the upswing to some extent
- The price is expected to hover along the upper resistance for a while and later with the bullish interference the price may breach through the resistance and rise high
- After regaining the levels above $3.5, the asset may eventually head towards $4 initially and later may head towards $4.5
ຊິລິຊ (CHZ)
- The Chiliz platform is recording enhanced trading activity as the volume has soared magnificently in the past couple of months
- Presently, the price is closer to testing one of the crucial resistance at $0.2657, wherein a significant upswing is expected.
- With an upswing, the ລາຄາ CHZ may rise high and reach the upper targets at around $0.32, else a rejection may drag the price lower close to $0.2 areas
Litecoin (LTC)
- After breaking the above consolidation, the ລາຄາ LTC is testing the crucial descending trend line and hence a breakout from these levels may certify a bullish trend
- On the contrary, if the price faces a rejection, it may drop slightly following a significant rebound which could be fueled when the asset reaches the support at $64
- With a rebound, the price may begin a firm upswing and also try to breach through the descending trend line and rise high to reach the upper targe close to a 3-digit figure
Source: https://coinpedia.org/price-analysis/this-altcoin-soared-200-in-the-past-2-days-has-the-altseason-just-began/