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The PEPE

The post <a rel="nofollow" href="https://coinpedia.org/altcoin/these-altcoins-are-approaching-crucial-levels-can-they-trigger-a-bullish-breakout/">These Altcoins are Approaching Crucial Levels-Can They Trigger a Bullish Breakout?</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
The crypto markets continue to remain under a bullish influence, but the star crypto, Bitcoin, remains stuck within a narrow range. The dominance of Bitcoin has witnessed a minor plunge in the past few days. After reaching highs of around 52%, the dominance is dropping heavily by 1.36% and is currently hovering at 50.94%.&nbsp; 
The dominance previously underwent a similar action and experienced a minor pullback. If history repeats itself, after the pullback, the altcoins may be triggered for a massive upswing. However, after some time, dominance may resume its upward trajectory and mark highs above 58%, as per a popular analyst, <a href="https://twitter.com/rektcapital/status/1675834698201812993">Rekt Capital</a>.&nbsp; 
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Now that Bitcoin’s dominance is experiencing a slight pullback, some of the altcoins appear to be at the foothills of a massive explosion. One among them is the PEPE coin, which has pulled a massive upswing in the past few hours, triggering a jump of over 20%. The price is currently testing one of the crucial areas, and a clear breakout above the levels may trigger a bullish breakout.&nbsp; 
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According to a popular analyst, <a href="https://twitter.com/AltcoinSherpa/status/1675829706174726144">Altcoin Sherpa</a>, the PEPE coin, which is trading at 0.6 FIB levels, is closer to testing the next FIB levels at 0.5 FIB levels. The PEPE price is experiencing a massive upswing and is testing the same levels at which it experienced rejection a couple of times before. Now that the price is trading at the neckline of the cup and handle pattern, a bullish breakout appears to be imminent.&nbsp; 
Another altcoin that is about to manifest a massive upswing is Solana, which is closer to testing some crucial levels. The SOL price is approaching one of the crucial resistance levels, and a breakout beyond these levels could trigger a bullish reversal. However, according to an analyst, <a href="https://twitter.com/crypto_rand/status/1675820571643330561">Crypto Rand</a>, the price may face a consolidation before the reversal.&nbsp; 
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Collectively, the altcoins are gearing up and trying to secure levels above the crucial resistance. Once done, these altcoins may trigger a massive upswing, which may enable the price to rise in the coming days.&nbsp;

These Altcoins are Approaching Crucial Levels-Can They Trigger a Bullish Breakout?

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