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


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

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


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

Federal Reserve Officials Forecast 2025 Rate Cuts

Federal Reserve Officials Forecast 2025 Rate Cuts

Detail: https://coincu.com/markets/federal-reserve-2025-rate-cuts/
Crypto Market Rally: Will Bitcoin Catch Up With S&P 500 Gains After Fed Rate Cut?

Crypto Market Rally: Will Bitcoin Catch Up With S&P 500 Gains After Fed Rate Cut?

Jerome Powell’s announcement of 25 bps Fed rate cut at the September 17 FOMC, has tri...