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<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-which-will-record-a-bullish-rebound-this-september/">Top Altcoins Which Will Record A Bullish Rebound This September!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>With the price of Bitcoin retesting its lower support level of $57,000 during the early Asian trading hours, the crypto market has recorded a significant outflow over the past day. Moreover, this has created a FOMO-like situation among investors regarding the short-term price action of the star crypto.</p> 
<p>However, many investors are considering this to be a good opportunity to stack up more altcoins for the prolonged AltSeason which is expected to kickstart any movement.</p> 
<p>Dive in as, in this article, we have covered the top 3 altcoins that have the potential to record a strong bullish recovery in their respective portfolios during the upcoming weeks.</p> 
<h2 class="wp-block-heading" id="h-dogecoin-price-records-intensified-bearish-action">Dogecoin Price Records Intensified Bearish Action</h2> 
<p>The <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noreferrer noopener">DOGE price</a> has dropped by 1.93% within the past day with a trading volume of $520.196 Million. Further, with a plunge of 18.89%, this memecoin is currently valued at $0.0968 and has secured the 8th position in the global crypto-list with a market cap of $14.123 Billion.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdCvipSIMcKxbhwMXM6ksFtPtp8BdkG19XAAGcaHvUnRmG1U8bypZWuQuIKCqBzMJ5huelBcTl0eJS-5KXsKFS5ZpZkx42wt3KcwaiEv9QLgUx470y9EGjtVkcfSKP-HsCEOOlEeTB03t9PMZzt8c-2t5bJ?key=r5fN1HIiiR9Uqvsu62yoSg" alt="Dogecoin Price Analysis 2nd September 2024">
</figure> 
<p>The EMA 50-day has constantly acted as a resistance to the DOGE price chart in the 1D time frame. Further, the RSI has displayed a downtrend. However, its average trendline shows a high possibility of a bullish convergence, suggesting a mixed price sentiment.</p> 
<p>If the market pushes the Doge memecoin above its resistance level of $0.101, it will prepare to test its upper high of $0.127 this month. Conversely, if the bears continue to gain momentum, this memecoin will plunge toward its crucial support of $0.0780.</p> 
<h2 class="wp-block-heading" id="h-chainlink-price-breaks-its-important-support-trendline">Chainlink Price Breaks Its Important Support Trendline</h2> 
<p>The <a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/" target="_blank" rel="noreferrer noopener">LINK coin price</a> has been constantly trading under a descending triangle pattern since June. Furthermore, it has plunged 12.31% over the past week and 15.11% during August. With a YTD return of (-)28.18%, it has claimed the title of the 14th largest cryptocurrency with a capital of $6.5 Billion.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeKUQAAiMRkRcD8cTMnP-9E0QrUezqkVMWzaRkTMi-S2gj4W4S28X6hpugi6VQ4dIU93vUMC-nhRi4n5wIZz-2501kPaCA7VsQFigsKsTUrrFhurzqegXH8EhhLcuQAL0tLsAvAL-v5VV2tVYJAr1Eu-lMN?key=r5fN1HIiiR9Uqvsu62yoSg" alt="LINK  Price Analysis 2nd September 2024">
</figure> 
<p>The Moving Average Convergence Divergence (MACD) shows a constant decline in the green histogram with a high possibility of a bearish convergence. Further, the SMA records a bearish curve. This suggests that the price may continue losing value this week.</p> 
<p>If the market regains momentum, the LINK price will break out of its resistance trendline and head toward its upper resistance level of $14 in the coming time. On the flip side, a bearish price trend could result in this altcoin testing a new yearly low.</p> 
<h2 class="wp-block-heading" id="h-near-protocol-price-to-test-its-crucial-support-level">Near Protocol Price To Test Its Crucial Support Level?</h2> 
<p>Despite increased price volatility in the crypto market, the <a href="https://coinpedia.org/price-prediction/near-protocol-near-price-prediction/" target="_blank" rel="noreferrer noopener">NEAR price</a> has dropped 19.62% over the past week. Furthermore, it has constantly recorded lower highs, indicating a rising bearish sentiment in the crypto market.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf5z_3cXndK5HPI9ttVHz93MGu51HlCtj00XNadykUtnLvRE9te5YuNAJmN1zDNwSG_RHok6Jv8OK_qxzqJwKqN8tPUPwdnr8I-vgLfsxMZ7e_RelXkDR3f55wCUwdN8jMQW5Xhgcb-k41WNZ3xIutjsaPP?key=r5fN1HIiiR9Uqvsu62yoSg" alt="NEAR  Price Analysis 2nd September 2024">
</figure> 
<p>The technical indicators EMA 50/200-day and MACD have both recorded a bearish price action in the 1D time frame. This highlights an increase in the selling-over-buying pressure for the altcoin in the crypto market.</p> 
<p>If the market holds the price of Near Protocol above its support of $3.70, the bulls will regain momentum and push the price toward its upper level of $4.925. On the contrary, if the bears overpowered the bulls, the NEAR crypto price would test its low of $2.615.</p>

Top Altcoins Which Will Record A Bullish Rebound This September!

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