bullish

Arweave

Polygon

Avalanche

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-buy-in-this-breakout-season/" rel="noopener noreferrer nofollow">Top Altcoins To Buy In This Breakout Season</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With a bullish week starting to gain momentum, the bull run in low-cap and midcap coins is soaring higher. Recovering from the recent dips, these top-performing altcoins offer a positive trend ahead. Will the renewed interest of buyers fueling the altcoins lead to a 2x surge or more?</p>
<h2 class="wp-block-heading" id="h-top-performing-altcoins-to-buy-nbsp">Top Performing Altcoins To Buy:&nbsp;</h2>
<h3 class="wp-block-heading" id="h-polygon-matic">Polygon (MATIC)</h3>
<p>Registering a 7.21% jump in the past 24 hours, the <a href="https://markets.coinpedia.org/polygon/" rel="noopener noreferrer nofollow">Polygon </a>Matic price reveals a bullish uprising. With a streak of six bullish candles, the Matic price has increased by 16% in the recent bull run.&nbsp;</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024-1024x509.png" alt="Polygon Price Analysis 21 Aug 2024" class="wp-image-340927" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140235/Polygon-Price-Analysis-21-Aug-2024.png 1802w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>With a double bottom reversal, the <a href="https://coinpedia.org/price-prediction/matic-network-matic-price-prediction/" rel="noopener noreferrer nofollow">Matic price</a> gives a breakout rally of a falling wedge pattern in the daily chart. The breakout run challenges the 50-day simple moving average. The altcoin price currently trades at $0.4729 with an intraday gain of 2.56%.&nbsp;</p>
<p>The underlying momentum is increasing, with the daily RSI line exceeding the 50% halfway line. A potential breakout of the 23.60% Fibonacci level at the $0.50 psychological mark will pump the MATIC price to $0.69.&nbsp;</p>
<p>Further, a potential surge can eventually reclaim the $1 psychological mark. Conversely, the support levels for the altcoin are present at $0.4299 and $0.3841.&nbsp;</p>
<h3 class="wp-block-heading" id="avalanche-avax">Avalanche (AVAX)</h3>
<p>The <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" rel="noopener noreferrer nofollow">AVAX price</a> trend is declining throughout the daily chart. However, the recent bullish reversal from the $20 support level reveals a refreshed trend.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024-1024x509.png" alt="Avalanche Price Analysis 21 aug 2024" class="wp-image-340929" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024-768x381.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024-1536x763.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140354/AVAX-Price-Analsyis-21-Aug-2024.png 1802w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>With a streak of 6 consecutive bullish candles, the altcoin has increased by 17% in the recent run. Currently trading at $23.59 with an intraday gain of 5.21%, a bullish engulfing candle marks a double-bottom breakout.&nbsp;</p>
<p>With the next resistance at $24.27, the uptrend is heading towards the overhead resistance trendline. Further, the bullish crossover in the MACD indicator and the daily RSI line crossing above the 50% halfway line indicate rising buying pressure.&nbsp;</p>
<p>A potential breakout rally could challenge the next support levels at $32.70 and $40 before hitting the $50 psychological mark. Conversely, the support levels are at $20 and $18.</p>
<h3 class="wp-block-heading" id="arweave-ar">Arweave (AR)</h3>
<p>Despite a declining trend, the <a href="https://coinpedia.org/price-prediction/arweave-ar-price-prediction/" rel="noopener noreferrer nofollow">AR price</a> action reveals a triangle formation in the daily chart. With the broader market recovery, the AR price jumps 9.62% overnight to give a bullish breakout. Currently, the AR price is trading at $23.44 with a Doji intraday candle.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024-1024x509.png" alt="AR-Price-Analysis-21-Aug-2024" class="wp-image-340930" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024-1536x763.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/21140508/AR-Price-Analysis-21-Aug-2024.png 1803w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>With a bullish crossover in the MACD indicator, the RSI line skyrockets above the 50% mark. Hence, the bullish trend momentum is increasing significantly. As the breakout run gains momentum, the altcoin price can reach the $30 mark this week. Optimistically, the bull run can extend to the $35 mark.&nbsp;<br></p>

Top Altcoins To Buy In This Breakout Season

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