Stacks

bullish

Fantom

The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-stack-as-the-market-recovers-from-recent-correction-3/" rel="noopener noreferrer nofollow">Top Altcoins To Stack As The Market Recovers from Recent Correction</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Amidst the market taking a bullish turn after a bearish weekend, the altcoins are cautiously moving forward. With many blasting off to new heights, some are gradually heading to the next target levels.&nbsp;
For traders on the lookout of high momentum altcoins, here’s a list of top-performing altcoins to buy which are prepping to surge higher this week.&nbsp;
<h2 class="wp-block-heading" id="h-top-altcoins-to-buy-thorchain-rune-nbsp">Top Altcoins To Buy: Thorchain (RUNE)&nbsp;</h2>
Despite a falling wedge pattern in the daily chart, the RUNE price trend shows a bull cycle ready to start. The reversal rally from the support trendline surpasses the overhead 20D EMA at the $3.68 mark.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdNkT0XxRxwRvNy8KyQI4YA5_sBwVCjEJCK6yed8TUUPJF-69-lc_G6pFaAklO_bf90WDRO_bLk3mYEmOUR6m5lXLpoLNUvg09-3P6bh4W3QVQ693jqF3_WrkbnjDEGD3kkgBV8HjnhS28fN7qiSD25wynI?key=fQAbmV1YUjLw2pDptOSDkA" alt="">
</figure>
<a href="https://www.tradingview.com/x/BcrRCs8v/" rel="noopener noreferrer nofollow">Tradingview</a>
With the bullish divergence in the daily RSI supporting the uptrend chances, RUNE prepares for a breakout rally. Currently, the altcoin trades at $3.68 and has increased by 20% in two days.
With a bullish breakout of the falling wedge, the altcoin is likely to hit the $5 mark before topping $10.
<h2 class="wp-block-heading" id="h-fantom-ftx-nbsp">Fantom (FTX)&nbsp;</h2>
Similar to a bearish wedge, the Fantom price trend reveals a falling channel pattern under the influence of the 20D EMA. However, the recent bearish crossover of the 100D and 200D EMA warns of a bullish failure.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf8c-vRltmlmqEs-p62NDV8Shlg_ugO2e0OuMA-sOV78nqiEEf4Y5L2wHjgR30K1ay1gdGW4a74NEDrgfky4BMS8XuOEcRjNfMdb7ApZXlq_uxiULstClICmQggym_EZlAsDS1OKGxUyQ8OnbnNLPOipLEQ?key=fQAbmV1YUjLw2pDptOSDkA" alt="">
</figure>
<a href="https://www.tradingview.com/x/Se0HfMnb/" rel="noopener noreferrer nofollow">TradingView</a>
In the recent bull cycle, starting from the support trendline, the FTM price has increased by 15.14% this week. As the trading volumes are on the rise, the breakout chances are significant for the altcoin.
A breakout run in the altcoin could scale to the 200D EMA at $0.552 before reaching the $1 mark.
<h2 class="wp-block-heading" id="h-stacks-stx">Stacks (STX)</h2>
With a healthier bullish cycle at play, the STX price reveals a stronger demand. The Stacks token price surpasses the $1.54 mark and challenges the 20D EMA.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeXvh6xEy5q5w4iW91wtM9cX-Z_kRqOC8X55mESvsGE7rsSaPRx7OpzAizIQNzh8TP8hxrUFo_qmzDkT9TVtEeh_7RDyp6KeZBSFDWSjAQJR6MNAFAHbv7rGrP9nD0mTHW_W33jg5BYui7aOqZQtknTW0ll?key=fQAbmV1YUjLw2pDptOSDkA" alt="">
</figure>
<a href="https://www.tradingview.com/x/m4wY6eJY/" rel="noopener noreferrer nofollow">TradingView</a>
Within a falling channel at play, the STX price has increased by 25.69% in the last 9 days. As the broader market bounces back, the altcoin shows increased breakout chances with the rising demands.&nbsp;
A breakout run in the STX price will pump to the $1.8720 horizontal level before pumping the altcoin price to $2.5144.&nbsp;

Top Altcoins To Stack As The Market Recovers from Recent Correction

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