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


by CoinEdition

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  • 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

In This News

Coins

$ 0.912

+0.25%

$ 0.000207

$ 3.30

-6.71%

$ 0.00039


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In This News

Coins

$ 0.912

+0.25%

$ 0.000207

$ 3.30

-6.71%

$ 0.00039


Share:

Read More

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Limited Impact Expected from November’s U.S. CPI Data Release

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


by CoinEdition

Share:

  • 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

In This News

Coins

$ 0.912

+0.25%

$ 0.000207

$ 3.30

-6.71%

$ 0.00039


Share:

In This News

Coins

$ 0.912

+0.25%

$ 0.000207

$ 3.30

-6.71%

$ 0.00039


Share:

Read More

Bitcoin Rejected at $90K Again, HYPE Plunges by Another 10%: Market Watch

Bitcoin Rejected at $90K Again, HYPE Plunges by Another 10%: Market Watch

LEO is today's biggest loser.
Limited Impact Expected from November’s U.S. CPI Data Release

Limited Impact Expected from November’s U.S. CPI Data Release

U.S. CPI data for November has limited impact due to previous shutdown. Market expect...