Ethereum

Token

Based

Render

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-poised-to-hit-ath-in-coming-week-2/">Top Altcoins Poised To Hit ATH in Coming Week&nbsp;</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>With a highly volatile month of May, the crypto market enters June on a positive note after an 11.29% monthly jump. Amidst such a volatile but bullish wave, the altcoins managed to sustain a positive trend and tease an uptrend in June.</p> 
<p>Further, the bull run is expected to gain momentum with the upcoming ETFs and the U.S. Presidential elections coming closer, bringing dovish comments. With additional momentum and institutional acceptance, some top altcoins are poised to hit all-time-high levels in the coming week.&nbsp;</p> 
<p>Finding these tokens where the smart money is flowing becomes a huge and critical task for traders. Worry Not! Based on technical analysis and market sentiments, we bring you a list of high-potential top altcoins poised to hit ATH in the coming week.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-render-token-rndr">Render Token (RNDR)</h2> 
<p>Built on the Ethereum blockchain, the RNDR is the native token of Render Network, a distributed GPU network targeting artists and studios. The <a href="https://coinpedia.org/price-prediction/render-token-rndr-price-prediction/" target="_blank" rel="noreferrer noopener">RNDR price</a> trades at $10, at a discount of 26% from its ATH level of $13.62.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/xczCxKJ7Q0heV0hXLf55ZpKt7JIrWwm736L5iiK-nz_-N4umxJsCuEW_tJ_mTBhiSWKMD5yU8KUt4u3YzChMksFC-HkrHQ1Ll38kiEhemCd5_u8hBHnYsDvieXtdM81YqTjX6Qgz8ahXbTjDgfXPWjc" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/eH2i8TUi/">Tradingview</a></p> 
<p>Currently, the altcoin price trend shows a triangle pattern in the daily chart while taking dynamic support from the 50D EMA. As per the Fibonacci retracement levels, the RNDR token is trapped within the 23.60% and 38.20% levels.&nbsp;</p> 
<p>With the broader market recovery anticipation in June growing strong, the chances of a bullish break in the altcoin increases. A bullish break could pump the RNDR token price to reach $20.</p> 
<h2 class="wp-block-heading" id="h-dogwifhat-wif">Dogwifhat (WIF)</h2> 
<p>In the recent market bull run, the meme coins took the limelight and spearheaded the uptrend to reach new heights. Amidst the top-performing meme coins, Dogwifhat showcased a bullish breakout of a resistance trendline.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/rHqg5XqM6CwBhNdGn6t-UXcov_r_EFKELIwZCCvfEvukCXTMyNLFmc2DycHGFCNcjpFipvhHCD6TI_76jAo_83DSYcc3cxHiq3js9Mc09ORFUQ6Ec2uLjrfintq9dHzVb99Au07pveSpi4fJKTRBE-o" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/0qEESOA1/">Tradingview</a></p> 
<p>With the breakout rally gradually gaining momentum, the <a href="https://coinpedia.org/price-prediction/dogwifhat-wif-price-prediction/" target="_blank" rel="noreferrer noopener">WIF price </a>breaks and retests the 50% trend-based Fibonacci level. Further, the altcoin price sustains above the 50D EMA while trading at a discount of 30% from its all-time high level of $4.85.</p> 
<p>Considering the bull run takes off with a successful post-retest jump, the altcoin price could reach the $6.49 mark in June.</p> 
<h2 class="wp-block-heading" id="h-fetch-ai-fet">Fetch.AI (FET)</h2> 
<p>Following the meme coins, the AI and DeFi sectors are the next trending investment options in the crypto market. In the promising AI sector, the <a href="https://coinpedia.org/price-prediction/fetch-ai-fet-price-prediction/" target="_blank" rel="noreferrer noopener">FET token</a> shows a promising price trend that is ready to explode in June for a massive jump.</p> 
<p>With a symmetrical triangle at play, the altcoin shows a contraction in volatility that may soon result in a quick release of momentum for a sharp move. Currently, the altcoin trades at a discount of 40% from its all-time high of $3.48.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/ZnT1MA0yedC1pWz3OwSaubKUWRdDsC1IXDpuqOPi3sQeTcCQbr52Rv1yPgXIabLwjxehBA1j0GqPYvUBixlxWk0INUwhBSEbLw2eXeKH5nuPAmeni9TCkI8l7CnqrkpXSz-xctrX-0_Y_HF2rbg-xMU" alt="">
</figure> 
<p><a href="https://www.tradingview.com/x/qXXpMa7z/">Tradingview</a></p> 
<p>Considering the bull run surpasses the overhead resistance trendline and the 23.60% Fibonacci level, the uptrend could reach $4.689.&nbsp;</p> 
<h1 class="wp-block-heading" id="h-conclusion">Conclusion</h1> 
<p>With the high possibility of a bull run in the market in the coming weeks, the altcoins could reach a new all-time high next week. As per the technical analysis, the above-mentioned tokens await a bullish break for a price jump. Hence, sideline traders can find lucrative buying opportunities with these tokens in the coming weeks.&nbsp;</p> 
<p>Also Check Out : <a href="https://coinpedia.org/price-analysis/will-cardano-xrp-and-solana-price-see-5x-10x-rally-in-the-next-12-months-ahead-of-etf-approval/">Will Cardano, XRP and Solana Price See 5x-10x Rally in the Next 12 Months Ahead of ETF Approval&nbsp;</a></p>

Top Altcoins Poised To Hit ATH in Coming Week

Table of Contents

CoinPedia News

Other articles published on Jun 1, 2024

Retik Finance Price Drops 30.36% as BlockDAG Raises $37.8M in Presale, Highlighting its Potential...

Bitcoin News: Developers Debate Major BTC Network Upgrade For New Use Cases

GMX Had A Collab & Analysts Are Optimistic, Can Its Price Go 60%?

Jasmy Coin Price Prediction: Is $1 the Next Stop for JASMY?

JasmyCoin Price Predictions: Why Crypto Analysts are “So Bullish” On JASMY

XRP price drop alert: Demand falters as indicators flash warning signs

Join our free newsletter for daily crypto updates!