Santiment lists altcoins that will grow in the near future
According to analysts from the Santiment blockchain platform, altcoins Tron (TRX), Avalanche (AVAX), Polkadot (DOT), Internet Computer (ICP), Polygon (POL), Filecoin (FIL), and Celestia (TIA) will rise significantly in price after the current market correction is completed.
Over the past 24 hours, these altcoins have fallen significantly: TRX fell by 17.68%, AVAX by 13.85%, DOT by 16.47%, ICP by 14.89%, POL by 15.96%, FIL by 17.97%, and TIA by 18.35%. However, Santiment analysts predict that their correction will soon be replaced by a bullish impulse. This will happen if retail traders start selling their assets.
The current market correction was expected as the relative strength index (RSI) levels for all major cryptocurrencies, including meme coins and RWA tokens, as well as Bitcoin, were extremely overbought. Such market corrections are necessary for healthy movement and growth of digital assets, experts explain.
After the recent sell-off, the cryptocurrency’s RSI levels have returned to the bullish zone and are at 57.05. And while the market remains bullish overall, this bearish correction suggests higher prices in the future if BTC rises above $100,000.
$TRX
$POL
$TIA
According to analysts from the Santiment blockchain platform, altcoins Tron (TRX), Avalanche (AVAX), Polkadot (DOT), Internet Computer (ICP), Polygon (POL), Filecoin (FIL), and Celestia (TIA) will rise significantly in price after the current market correction is completed.
Over the past 24 hours, these altcoins have fallen significantly: TRX fell by 17.68%, AVAX by 13.85%, DOT by 16.47%, ICP by 14.89%, POL by 15.96%, FIL by 17.97%, and TIA by 18.35%. However, Santiment analysts predict that their correction will soon be replaced by a bullish impulse. This will happen if retail traders start selling their assets.
The current market correction was expected as the relative strength index (RSI) levels for all major cryptocurrencies, including meme coins and RWA tokens, as well as Bitcoin, were extremely overbought. Such market corrections are necessary for healthy movement and growth of digital assets, experts explain.
After the recent sell-off, the cryptocurrency’s RSI levels have returned to the bullish zone and are at 57.05. And while the market remains bullish overall, this bearish correction suggests higher prices in the future if BTC rises above $100,000.
$TRX
$POL
$TIA
