Jupiter

Raydium

Pyth Network

Trillion

The post <a href="https://coinpedia.org/price-analysis/top-solana-based-altcoins-to-buy-as-crypto-market-recovers/" rel="noopener noreferrer nofollow">Top Solana-based Altcoins To Buy As Crypto Market Recovers</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With the crypto market sustaining above the $2 Trillion cap, Bitcoin and altcoins are paving the way for a new bull run. As the broader market recovery continues to gain momentum, these Solana-based altcoins are posed for massive gains.&nbsp;
While the Solana network gives recovery signals and the SOL token aims to surpass $150, the smart money is turning bullish this week. So, let’s look closer at the top Solana-based altcoins to watch out as the broader crypto market recovers.&nbsp;
<h2 class="wp-block-heading" id="h-solana-based-altcoins-to-watch-out-jupiter-jup">Solana-based Altcoins To Watch Out: Jupiter (JUP)</h2>
With a market cap of $1 Billion, the JUP token price reveals a bullish recovery in motion. The bull cycle within a falling wedge pattern teases a breakout rally on the verge.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd-BKNEdobzbCI_iF6ZGTSKh3uiv3-9efujDk9QDqQ2Mq_yZykwa6_HUyDJhWFVG4ldgpxtzbN4Qsy1QrHo4_UpJ59-xDPXeyN_bPy9qpbG0_uKdH9szyP3JRhoRHGiYYU2E4t-G908kJlhiINcy_lQZaHX?key=x8pkrQMZX1xehQ73IbcpMw" alt="">
</figure>
<a href="https://www.tradingview.com/x/PbP7CYD6/" rel="noopener noreferrer nofollow">Tradingview</a>
Initiating a bullish surge from the 78.60% Fibonacci level, the Solana-based altcoin reflects a rise in demand. The JUP token price is up by 14% in two days and makes two consecutive bullish candles.&nbsp;
If the bullish momentum sustains to ignite a breakout rally, then the Jupiter token price can surpass the $1 psychological mark. On the upside, $1.25 and $1.50 are potential upside targets for the JUP token.&nbsp;
<h2 class="wp-block-heading" id="h-raydium-ray">Raydium (RAY)</h2>
With a sideways trend in the daily chart, the Raydium token price reveals a long consolidation under formation. While taking support from the 200D EMA, the lower price rejections are visible in this Solana-based altcoin.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcuu5DTU_5UMV3PvSB0OLQ6RjwooJDNl8jZSXDuAG6ZCNS1MB1egA9ydYlrX_gz0atxkycN5HVn83rkJQS_i1JuhChjwczY5ApHeHBV718R-0ej57XzbPGEQ4wtXhRruiJGO-YcXiLQmLv16cKaQbswzmVl?key=x8pkrQMZX1xehQ73IbcpMw" alt="">
</figure>
<a href="https://www.tradingview.com/x/sZiG4tBY/" rel="noopener noreferrer nofollow">Tradingview</a>
With the ongoing bull cycle, the RAY price makes three consecutive positive candles and is up 17 within 72 hours. As it challenges the 50% retracement, the upside potential increases with increased breakout chances as the crypto market recovers.&nbsp;
With the overhead resistance breakout rally, the Raydium token price could target the $2.69 peak.&nbsp;
<h2 class="wp-block-heading" id="h-pyth-network-pyth">Pyth Network (PYTH)</h2>
With a market cap of $1 Billion, the PYTH price trend shows a bullish trend ready to kickstart with a trendline breakout. As this Solana-based altcoin teases an end-of-correction phase, the upside potential is massive for Pyth Network.&nbsp;&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeeK1AlOJPLu7w7gpdCR8qbZiBw0zsvAVnjLWaP3h106Yl_LKuf8e4iP5vUCfnLS3Sqw84r_0be0c8p86pg6eRFjCajIJL0gp9Zl0EzoD0su1toZoHTw925eVPZuytB9k_3fvUtW9DzhzGnQDGWQqIk04SN?key=x8pkrQMZX1xehQ73IbcpMw" alt="">
</figure>
<a href="https://www.tradingview.com/x/MOBrgkqV/" rel="noopener noreferrer nofollow">Tradingview</a>
With a bullish continuation in the MACD and signal lines, the trendline breakout rally makes it a token worth looking out. As per the Fibonacci retracement levels, the breakout rally could face resistance at the 50% level at $0.67.
Optimistically, the breakout run could reach $1.

Top Solana-based Altcoins To Buy As Crypto Market Recovers

Spis treści

CoinPedia News

Inne artykuły opublikowane 10 lip 2024

The Potential of AI and Blockchain in Video Games

SingularityNET and Filecoin partner for AI and DePIN

CFTC shares ruling on Bitcoin and Ether as commodities

Stader Price Surges 60% In a Day; What’s the Reason?

Bitcoin (BTC) Eyes Major Resistance Amid Market Speculation: Details

Optimism (OP) and Render Token (RNDR) Face Critical Tests: Top Analyst Highlights Key Price Level...

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!