United

Arbitrum

Request

Chainlink

Cosmos

<p>The post <a href="https://coinpedia.org/price-analysis/top-3-altcoins-poised-to-breakout-soon/">Top 3 Altcoins Poised To Breakout Soon!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Nearly two weeks after the approval and listing of several spot Bitcoin exchange-traded funds (ETFs) in the United States, it is safe to assume that the event had already been priced in during the fourth quarter of 2023 Bitcoin (BTC) bullish breakout. </p> 
<p>Furthermore, the recent accelerated Bitcoin selloff by whale traders, short-term holders, and miners has weighed heavily on the BTC dominance against the altcoin market. As a result, it is prudent for crypto traders to keep a close watch on the altcoin market, as more gains will be registered shortly.</p> 
<h2 class="wp-block-heading" id="h-altcoins-to-pay-close-attention-to-in-the-coming-weeks">Altcoins to Pay Close Attention to in the Coming Weeks</h2> 
<h3 class="wp-block-heading" id="h-chainlink-link">Chainlink (LINK)</h3> 
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   <p lang="en" dir="ltr">Request 01 – <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LINK</a> | <a href="https://twitter.com/chainlink?ref_src=twsrc%5Etfw">@chainlink</a> <br><br>This one looks primed for continuation.<br><br>The <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> pair is making higher highs, higher lows &amp; held a higher timeframe support level.<br><br>Expecting a breakout to $25-30 in the coming months to occur. <a href="https://t.co/JIIJ1QgB2H">pic.twitter.com/JIIJ1QgB2H</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1749091984026034557?ref_src=twsrc%5Etfw">January 21, 2024</a>
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<p>While Bitcoin price has been showing short-term weaknesses in the past three weeks, Chainlink (LINK) price has been gradually awakening from a weekly consolidation. According to the latest market data, LINK price has rallied nearly 30 percent in the past three weeks to trade around $15.72 on Monday during the early Asian session. According to a popular crypto analyst Michaël van de Poppe, LINK price could easily reach $25-$30 in the near term if the bulls hold on the support range between $12.5 and $13.1.</p> 
<h3 class="wp-block-heading" id="h-arbitrum-arb">Arbitrum (ARB)</h3> 
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   <p lang="en" dir="ltr">Request 01 – <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ARB</a> | <a href="https://twitter.com/arbitrum?ref_src=twsrc%5Etfw">@arbitrum</a> <br><br>I've been mentioning the fact that corrections do take place.<br><br>Just like any other project, <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ARB</a> is having one. <br><br>This region between $1.40-1.85 is an area I'd be looking to get myself positioned before a potential run to $3. <a href="https://t.co/FhbnrLoB41">pic.twitter.com/FhbnrLoB41</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1749054261315469620?ref_src=twsrc%5Etfw">January 21, 2024</a>
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<p>The other altcoin to pay close attention to for a bullish breakout in the near term is Arbitrum (ARB), the leading Ethereum-based scaling solution with more than $2.6 billion in Total Value Locked (TVL) and over $2 billion in stablecoins market cap. </p> 
<p>According to Poppe, ARB’s price can easily reach $3 after it finishes the current market correction. Furthermore, the altcoin is currently retesting the support level around $1.78 after rallying towards a new all-time high (ATH) of around $2.3</p> 
<h3 class="wp-block-heading" id="h-cosmos-hub-atom">Cosmos Hub (ATOM)</h3> 
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   <p lang="en" dir="ltr">Request 04 – <a href="https://twitter.com/search?q=%24ATOM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ATOM</a> | <a href="https://twitter.com/cosmos?ref_src=twsrc%5Etfw">@cosmos</a> <br><br>Cosmos has been lagging behind like Polkadot. <br><br>Crucial area to hold, if this area between $7.50-9.00 is going to hold, likely a breakout to $22-26 seems next. <a href="https://t.co/WK9EgBcHid">pic.twitter.com/WK9EgBcHid</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1749122184449057138?ref_src=twsrc%5Etfw">January 21, 2024</a>
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<p>As for Cosmos Hub (ATOM), a rising interchain ecosystem, Poppe is convinced the altcoin will reach as high as $26 in this bullish cycle if the bulls hold on the support level around $9. Furthermore, the weekly Relative Strength Index (RSI) has held above the 50 level in the past few weeks despite the ongoing market correction.</p>

Top 3 Altcoins Poised To Breakout Soon!

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