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The post <a href="https://coinpedia.org/price-analysis/if-bitcoin-stays-above-60k-these-altcoins-will-drive-above-30-gains/" rel="noopener noreferrer nofollow">If Bitcoin Stays Above $60K, These Altcoins Will Drive Above 30% Gains.&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
While Bitcoin(BTC) hovers near the bottom of $60K, holding above this would trigger the market and some potential altcoins may react parallelly.&nbsp;
The world’s biggest cryptocurrency Bitcoin is struggling to stay above $60K due to diverted global market attention, ETF outflows, and negative fundamentals.&nbsp;
With the ongoing arrest of Telegram CEO Pavel Durov, Ethereum (ETH) price is fighting near $2500, and Solana(SOL) is in the downtrend with -10% growth in 7 days.&nbsp;
If Bitcoin manages to push and stay above $60,000 the market conditions will turn faces and among all that could perform well, few of them show good potential to do so.&nbsp;
Mantra, Kaspa, Ton, Brett, Tron
<h2 class="wp-block-heading" id="h-mantra-om">Mantra (OM)&nbsp;</h2>
Mantra, one of the top coins in the RWA domain looks potential asset for surge. OM registered an all-time high in July 2024, following a downtrend and breakout from downward resistance on 23 August.&nbsp;
At press time OM price is $0.937 with 2.49% growth in 24 hrs, however, the coin is still 7.69% down in the last 7 days.&nbsp;
OM/USDT chart shows the asset performance after the breakout, not reversing to the zone shows bulls resitsted above $0.87 support.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXctzy9GYHxTbb1PStiqPeSGZ1uhu5VxUrUM8FeJwF783K4mad6XAHa6WIAwu5EVC1SN4d9L5Bf7OpEFPWrF1xXtCAPU5ap7QUPVUCZ4a0SF75a6eon0nhS646E47M55dqpKEnny6uJpUSsw9P64YH0Ehc73?key=on4tz9r_GB2-68BxiwwoxA" alt="">
</figure>
The RSI at 52 is in the neutral zone and CMF, the money flow indicator is in negative shows a negative impact still exists. If the trend persists and bulls hold above $0.87, OM is expected to surge $1.&nbsp;
<h2 class="wp-block-heading" id="h-kaspa-kas">Kaspa (KAS)&nbsp;</h2>
The Bitcoin-like Proof Of Work (PoW)&nbsp; blockchain coin Kaspa is a good asset to look up to. KAS Price at the time of writing is $0.1678 with 1.23% gains in the last 24hrs.&nbsp;
Kaspa after the reversal of the 5th August dip is moving between $0.15 to $0.17 in an upward channel pattern. Additionally, the MFI ( Money flow index) that reads the flow of liquidity in an asset has turned from an oversold condition 2 days ago to a neutral zone.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXegY9A6j8-_cbG8FMReOITtdDREuq6Wsb9eNq3aVsHtF8ehZhM8Y_5HIRMDYOek6ulbyIuzu0HoRYqnb7oikip0bJql8QiygbsFE4o0VY0k8ZHgLgooc0TlBR3aA0cWtzo1Xtf-rFefkVllFRO8-91ziifF?key=on4tz9r_GB2-68BxiwwoxA" alt="">
</figure>
Holding above the channel support with neutral money flow conditions, Kaspa may break above $0.172 and $0.178 in next sessions. In case of invalidation, the $0.14 zone is the support.&nbsp;
<h2 class="wp-block-heading" id="h-toncoin-ton">Toncoin (TON)&nbsp;</h2>
Pushed into correction by the arrest of Telegram CEO Pavel Durov, TON lost the $6 zone on 24th August and since then struggled to hold above $5.&nbsp;
But TON, if the parted way from the recent fundamentals stores great potential and the changing market sentiments will push this asset too.&nbsp;
TON/USDT Chart shows the price forming to close a descending triangle pattern, possibly closing the downtrend. 
<img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeA3gxaB8UZOwrSXLryJ2fSfYqh_GmhmMpAeRhNrEOEMUkok6oX2dggZdv9qvpJE7LB4613CCy9opk5C7CPhhynkWtMFjCvkDFckFGlBrpAbh8htRiVQbA52XwEb68aK937WJlJEzeloECtzbrTM9iOF6c?key=on4tz9r_GB2-68BxiwwoxA" width="624" height="268"> RSI Stands at 43, a neutral zone, and the OBV Indicator, On Balance volume trendline is loading upward steady and price is facing downward, This is usually referred to as a bullish signal.&nbsp;
If the trend holds, the TON coin will hit $5.6 as the first resistance and rally toward the $6 zone. If invalidated we still have support at $5.1 and one at $4.7.&nbsp;
<h2 class="wp-block-heading" id="h-brett-brett">Brett (BRETT)</h2>
The Base network-based memecoin Brett is in a massive downtrend with a monthly low of 34.05%. The asset in August showed a good recovery from $0.059 to the current price of $0.08118.&nbsp;
Looking at the BRETT/USDT Chart, the price action changed the behavior from creating a double top in a downward direction and showing a double top in an upward direction.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc8pzQWwxcVbj5sEx6JrpsnsCnudcvubXlmuTRFDE1Fqp0YAs8xKKdN7dGE2g-m1vFbQXTYcQ7NxDyDGY1GHj12TczruJFZY3dbj7MPkIgpkVTome70UsWaBuDGmSmgyd0hj7Illmn1SHbt_-hc-jiMREtU?key=on4tz9r_GB2-68BxiwwoxA" alt="">
</figure>
Having resistance at $0.09 and support at $0.0754, Brett will need continued accumulation and positive Bitcoin sentiment to validate the chart and show a strong reversal towards the time high of $0.19.&nbsp;
<h2 class="wp-block-heading" id="h-tron-trx">Tron (TRX)&nbsp;</h2>
One of the best-performing altcoins in this low-demand market, Tron’s (TRX) price at the time of writing is 0.1577 with a monthly rise of 22.73%.&nbsp;&nbsp;
Tro faced resistance at $00.161 (R1) and stays crucial for further decline with support at $0.1540.&nbsp;
TRX/USDT chart reveals surge from 18th August did not lose strength after reaching the $0.16 zone, the altcoin survived selling pressure.&nbsp;
 Having seen, the Chaikin Money Flow (CMF) indicator rising near zero, but still in negative is a concern for further growth, and MACD is seen hovering near the histogram intact with the zero line.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeflKpQ2Qr2taW0FCcVJ0U8hWmyRUaavXkfFFs3rs_volg4O5T5exlpI7Ua1e2ECVghNSju5k_VKhOxF_3cLpxGSY4IXQrUpx6raXD1dTKDyM5UcKzC_oJZpiorY1fjERChdnRQyvstT8MhC73IBPqCrdi2?key=on4tz9r_GB2-68BxiwwoxA" alt="">
</figure>
TRX at this moment shows a neutral momentum, followed by slight corrections but the survival above $0.15 shows future potential to spike.&nbsp;

If Bitcoin Stays Above $60K, These Altcoins Will Drive Above 30% Gains.

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