Cryptocurrency Market Reaches Its Peak: Which Coins Will Rise? Recommendations from Analysts

While cryptocurrency markets are in an exciting uptrend, investors are wondering which coins will benefit the most from this rally.

On Crypto Banter's "The Sniper Trading Show", an analyst emphasized the importance of taking profits and gave important advice to investors.

Analyst's Opinions:

  • Bitcoin's Dominance Is Decreasing: As Bitcoin's dominance in the market declines, investor interest is shifting to Ethereum and altcoins.

  • Impact of Small Investors: Millions of small investors can create extreme enthusiasm and influence market fluctuations.

  • Not All Coins Will Reach the Top: It states that not every coin will be able to reach record highs (ATH) and investors should make informed choices.

  • Taking Profit at the Right Time: He emphasizes that the time to take profit in every investment should be determined correctly.

  • Coins to Watch Out for: He states that coins such as AVAX coin, SOL, RUNE and INJ have upward potential.

Coins with High Weekly Upward Potential:

  • Solana (SOL): Targets are $400, $650 and $900.

  • Avalanche (AVAX): Initial target is $100, resistance is $240 on the break.$AVAX

  • Injective (INJ): Targets are in the $40-$50 range, with past highs at $70 and $93.

  • ThorChain (RUNE): Target $14, resistance at $33, $53 and $73.$RUNE

  • Dogecoin (DOGE): Might not reach ATH this cycle, good opportunity to enter at current levels, 200% potential profit.$DOGE

Analyst Recommendations:

  • Investors need to evaluate tokens not only in bullish periods but also in bear markets.

  • After the enthusiasm subsides, the true values ​​of the tokens emerge in bear markets.

  • Therefore, taking profits at market peaks is important to prevent losses that may occur during correction periods.


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