Token

Bitcoin

Polygon

Narrative

<p>Crypto analyst Miles Deutscher has shared his insights on potential altcoin movements in his latest Weekly Token + Narrative Watchlist. As Bitcoin experiences a bullish run, Deutscher <a href="https://twitter.com/milesdeutscher/status/1731767791441608951" target="_blank" rel="noopener noreferrer nofollow">suggests </a>that several altcoins are poised for continuation, contingent upon favorable market conditions.</p>
<h2 class="wp-block-heading" id="strong-altcoins-on-radar-strong"><strong>Altcoins on Radar</strong></h2>
<p>Deutscher notes that many setups from the previous week’s watchlist have played out as anticipated. Here are the altcoins he is closely monitoring this week:</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="526" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-1024x526.png" alt="" class="wp-image-391822" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-1024x526.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-300x154.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-768x394.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-1536x788.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-2048x1051.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-292x150.png 292w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-100x51.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-682x350.png 682w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111-788x404.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-111.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h3 class="wp-block-heading" id="strong-doge-dogecoin-strong"><strong>DOGE – Dogecoin</strong></h3>
<ul>
 <li><strong>Key Actions:</strong> Breaking above a crucial horizontal level at $0.087 and surpassing the recent lower high to reverse the trend.</li>
 <li><strong>Catalysts:</strong> DOGE’s upcoming 10-year anniversary on December 8th, the DOGE-1 mission to the moon in January, and increased mentions on the Tesla Cybertruck checkout page.</li>
 <li><strong>Projection:</strong> If market conditions persist, Deutscher anticipates a potential move to the next major level at $0.11.</li>
</ul>
<h3 class="wp-block-heading" id="strong-pyth-pyth-network-strong"><strong>PYTH – PYTH Network</strong></h3>
<ul>
 <li><strong>Position:</strong> Near or at some exchange contract lows.</li>
 <li><strong>Risk/Reward Analysis:</strong> Deutscher emphasizes the critical importance of monitoring PYTH’s reaction to its current level, citing favorable risk/reward levels for potential upside.</li>
 <li><strong>Observation:</strong> PYTH follows the typical new coin exchange listing formula: “pump, dump, consolidate, rip to new highs.”</li>
</ul>
<h3 class="wp-block-heading" id="strong-sol-tia-solestia-solana-strong"><strong>SOL + TIA ‘Solestia’ – Solana</strong></h3>
<ul>
 <li><strong>Strategy:</strong> Deutscher views this as a “buy the dip” play, particularly eyeing deep dips that may occur due to leveraged positions.</li>
 <li><strong>Narrative Strength:</strong> Solana, a top performer of the year, coupled with Celestia being hailed as the “next Solana,” adds to the positive narrative.</li>
 <li><strong>Objective:</strong> Deutscher expresses interest in entering on a significant dip and anticipates continuation.</li>
</ul>
<h3 class="wp-block-heading" id="strong-matic-polygon-strong"><strong>MATIC – Polygon</strong></h3>
<ul>
 <li><strong>Upcoming Event:</strong> The Polygon Connect event starts on December 7th, and Deutscher sees potential volatility heading into conferences.</li>
 <li><strong>Interest:</strong> Deutscher notes Polygon’s teasing of announcements, expressing interest in a potential short hedge in the coming weeks.</li>
</ul>
<h3 class="wp-block-heading" id="strong-gaming-coins-strong"><strong>Gaming Coins</strong></h3>
<ul>
 <li><strong>Anticipation:</strong> With Rockstar Games set to release a GTA 6 trailer, Deutscher suggests that any hint of in-game currencies or blockchain-related announcements could impact Game-fi tokens.</li>
</ul>
<h3 class="wp-block-heading" id="strong-ach-other-chinese-coins-strong"><strong>ACH + Other Chinese Coins</strong></h3>
<ul>
 <li><strong>Observation:</strong> Noting an aggressive movement in CFX, Deutscher speculates on potential triggers such as upcoming announcements or the beginning of another Chinese-related token run.</li>
 <li><strong>Consideration:</strong> If the China season restarts, Deutscher sees an opportunity for coins like ACH, which has yet to experience significant movement.</li>
</ul>
<h3 class="wp-block-heading" id="strong-lunc-luna-strong"><strong>LUNC + LUNA</strong></h3>
<ul>
 <li><strong>Note:</strong> Deutscher acknowledges the lack of value in these tokens but emphasizes their continuous pumping.</li>
 <li><strong>Caution:</strong> While dangerously short in the current market, he keeps them on his watchlist in case Bitcoin fails to break $42k, leading to potential drastic reversals.</li>
</ul>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/kaspa-set-to-explode-analyst-says-kas-showing-strength-at-this-point-is-an-indication-of-strong-momentum/" target="_blank" rel="noopener noreferrer nofollow">Kaspa Set to Explode, Analyst Says KAS Showing Strength at This Point is an Indication of Strong Momentum</a></li>
 <li><a href="https://captainaltcoin.com/cardano-sees-surge-in-ada-transactions-over-100000-analyst-says-this-surge-could-be-a-precursor-to-a-noteworthy-phenomenon/" target="_blank" rel="noopener noreferrer nofollow">Cardano Sees Surge in ADA Transactions Over $100,000: Analyst Says This Surge Could Be a Precursor to a Noteworthy Phenomenon</a></li>
 <li><a href="https://captainaltcoin.com/investors-hurry-to-hoard-bitcoin-minetrix-as-market-perks-up-can-btcmtx-realize-the-10x-predictions/" target="_blank" rel="noopener noreferrer nofollow">Investors Hurry to Hoard Bitcoin Minetrix As Market Perks Up – Can $BTCMTX Realize the 10X Predictions?</a></li>
</ul>
<p>Deutscher invites the crypto community to share their insights on altcoins they’re monitoring in the comments. The dynamic crypto market continues to offer opportunities, and analysts like Miles Deutscher play a crucial role in guiding investors through potential market movements.</p>
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<p>The post <a href="https://captainaltcoin.com/analyst-unveils-weekly-crypto-watchlist-as-bitcoin-surges-sol-matic-and-lunc-take-center-stage/" rel="noopener noreferrer nofollow">Analyst Unveils Weekly Crypto Watchlist As Bitcoin Surges: SOL, MATIC, and LUNC Take Center Stage</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Unveils Weekly Crypto Watchlist As Bitcoin Surges: SOL, MATIC, and LUNC Take Center Stage

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