Token

Strong

WEMIX

The post <a href="https://coinpedia.org/price-analysis/will-these-top-performing-altcoin-lead-a-2x-surge-next-week/" rel="noopener noreferrer nofollow">Will These Top Performing Altcoin Lead A 2x Surge Next Week?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With the bull market starting to surface, the massive jump in low-cap altcoins signals a diversified approach from investors. As the uptrend picks up pace in these underrated tokens, will the bull run lead to a 100% surge next week?
With the meme coins leading the way, should you consider buying these low-cap altcoins for a 2x surge in the short term? Let’s take a closer look at the price charts of these top-performing altcoins to gain a deeper understanding.&nbsp;&nbsp;
<h2 class="wp-block-heading" id="h-wemix-token-jumps-36-eyes-3">WEMIX Token Jumps 36%, Eyes $3</h2>
Being a top-performing altcoin, the WEMIX token showcases a price jump of 36% overnight. With this, a massive bullish engulfing token undermines the bearish trend last week.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXecKf00YWadPuu7h6Yxa1xkEw485Gmw3PlxhDkrgcjVq_gL-iMi7V-bZYizOYckiqGQsZBKHxruJJNWgl7IKr9T_RB7WtlUkt591QPkKI-BRauW84xrvoLVw9Y1CSxCH5qXZzmFqGzqodb1PXp_0Lowe30?key=dS7nEu6XecLNTToULnx2Ew" alt="">
</figure>
<a href="https://www.tradingview.com/x/CUgGI9rt/" rel="noopener noreferrer nofollow">TradingView</a>
However, the altcoin showcases a long-term bearish trend in the daily chart. With this recovery, the WEMIX price surpasses the 50D EMA but may shortly approach the supply confluence of the 200D EMA and a resistance trendline.&nbsp;
Currently, the altcoin trades at $1.34 with an intraday drop of 3.30%, reflecting a pullback after the massive jump.&nbsp;
If the bull run persists, the uptrend in the WEMIX price can reach the $3 mark.&nbsp;
<h2 class="wp-block-heading" id="h-strong-uptrend-in-altcoin-bnx-eyes-2-with-a-breakout-run">Strong Uptrend in Altcoin BNX Eyes $2 With A Breakout Run</h2>
With a bull run in action, the BNX price action forms a solid support trendline in the 4H chart. In the recent trend, the altcoin formed a pullback phase with a resistance trendline, keeping the growth under check.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdgQBNNnNrFtYdbCZDjtflRhEAM1doNkTW3tqq9fMyOtLXRmRW-9P66l6NDvol1MawaUiTtTbCzuoN7s7Hr2haAwbz9IYTEiQZxazoyAhtsWjZGJrxSlZL0ezf14H5TmNdt6av2joNeWZ9CdHFtAT5ZHOU?key=dS7nEu6XecLNTToULnx2Ew" alt="">
</figure>
<a href="https://www.tradingview.com/x/cOtAwPGp/" rel="noopener noreferrer nofollow">TradingView</a>
However, the recent bullish revival from the support trendline has led to an end in the correction phase in the altcoin. With the trendline breakout, the BNX price reclaims the $1 psychological mark.
Currently, the BNX price trades at $1.176 after the 16% overnight jump. If the bull run sustains, the uptrend can surpass the $1.50 peak for an attempted run to $2.&nbsp;
Considering the uptrend sustains, a breakout rally of the falling wedge can reclaim the $1 psychological mark. With this breakout momentum, the AI token can jump to the $2 mark or the 1.618 Fibonacci level by the end of July.&nbsp;
<h2 class="wp-block-heading" id="h-aioz-price-preps-channel-break-for-a-2x-surge-nbsp">AIOZ Price Preps Channel Break For A 2x Surge&nbsp;</h2>
Following the bullish failure to surpass the $0.90 mark from the reversal at $0.60, the AIOZ price experiences a massive downfall. With the revival of a declining trend, the altcoin drops under the 200D EMA and the $0.50 psychological support.&nbsp;
Further, the downfall increases the likelihood of a death cross in the daily chart between the 50D and 200D EMA.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXebsMkqbtS4hYrEwdbnBzEyCiEQfFjXQDiiifBnfjFOsM4-gywlVttL6GMvDDiVzsn0IHkBjRJn3Db9PGl09FtZRzvf1rucHjNDlzppGIAuSw8kfcC2BykGLb29QuWYCsnVIHNdCSzY5lAi3ngvIBHjEpU?key=dS7nEu6XecLNTToULnx2Ew" alt="">
</figure>
<a href="https://www.tradingview.com/x/XDtZcikE/" rel="noopener noreferrer nofollow">Tradingview</a>
However, the recent overnight price jump of 12.66% from the support trendline. The bullish reversal tests the broken 200D EMA and may shortly reach the overhead trendline.&nbsp;
With a bullish recovery, the uptrend in the altcoin can result in a price jump to $1.&nbsp;

Will These Top Performing Altcoin Lead A 2x Surge Next Week?

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