Bitcoin's recent surge has attracted attention, but savvy investors are now targeting altcoins in search of potential gains. Capital flows are shifting, heralding the arrival of a new wave of opportunities. Explore which five altcoins experts believe will surge in the next phase of the market.
Ethereum (ETH) may soon soar to $4,000.
According to CoinMarketCap data, the price of Ethereum has begun an upward trend. The price of this altcoin surged 4.0% on the weekly chart, breaking through the $2,600 barrier. If this bullish trend continues, the price of Ethereum may break through the resistance level of $2,750.
Meanwhile, technical indicators such as the relative strength index show that bullish momentum is increasing. This indicator has surpassed the 50 mark and may enter overbought territory, driving the price of Ethereum to surge.
Meanwhile, Ted Pillows believes that given the increase in network activity and capital inflows, the price of ETH may soon rise. This cryptocurrency investor told his fans that the price of Ethereum could soar to $3,000 by the end of June and rise to $4,000 in the third quarter.
Another expert, Inmortal, also released a similar price prediction for Ethereum. He told fans that the price of Ethereum may soon climb to $4,000.
Dogecoin (DOGE) is expected to rise to $0.95 following historical patterns.
In recent weeks, investors have remained cautious about the price trend of Dogecoin. The meme coin has been in a downward trend, dipping as low as $0.17. Nevertheless, market experts believe that the price of Dogecoin may soar in the future.
In addition, CoinMarketCap data shows that the price of Dogecoin has begun an upward trend and may retest the $0.19 area in the coming days. Analyst Kamran Asghar told his fans that despite recent pullbacks, the price of Dogecoin is still trading within an expanding wedge pattern.
Experts predict that the price of Dogecoin may rise to a target price of $0.95 in the coming months. Trader Tardigrade pointed out that the price of Dogecoin is repeating the pattern seen before the explosive rise from November to December 2024.
At that time, the price of Dogecoin soared over 400% to $0.45. Trader Tardigrade believes that the price of Dogecoin may also experience a similar upward trend, peaking at $0.85 by August.
Hedera HBAR: The past decline highlights key price levels for future trends.
Over the past month, Hedera's price has fallen nearly 19% after a week of slight increases. Over the past six months, the token has shown a continued downward trend, with a cumulative decline of about 40%, indicating ongoing selling pressure. Buyers have struggled to regain upward momentum, and attempts to rebound have been relatively weak, reflecting that the market remains in a bearish sentiment. As the token continues to struggle to significantly reverse its downward trend, traders are becoming increasingly cautious, which may amplify uncertainty in the near future.
The current price of Hedera is between $0.1431 and $0.2112, with immediate resistance at $0.2538 and key support around $0.1177. The RSI is close to 49.79, indicating a neutral market stance, but moving averages are slightly bearish. Traders should closely monitor the support level below; if volume supports it, a rebound from $0.1177 may provide a buying opportunity. Breaking through the $0.2538 threshold is crucial for testing further resistance at $0.3219. A drop below $0.1177 could lead to prices falling to $0.0497, indicating the need for cautious trading and setting clear stop-loss strategies as the market awaits clarity.
Recently, there has been a significant pullback, with prices dropping nearly 19% last month and slightly declining 2% last week. However, over the past six months, PI has surged over 500%, showing strong long-term growth momentum. This substantial rebound contrasts sharply with recent volatility, indicating that despite short-term price pullbacks, demand remains strong. Price trends reflect widespread recovery, highlighting that even in the face of waning growth momentum, there is still potential for future increases.
Current price levels are around $0.26 to $1.36, with initial resistance at around $2.06 and secondary resistance near $3.16. The market is currently facing bearish pressure, with indicators such as moving averages showing a bearish trend. RSI readings just above $40 indicate that bears still maintain short-term control, but have not yet reached key resistance levels. No clear trend has emerged, so traders must closely monitor price movements. Trading in a downward trend towards support levels may favor short-term strategies, while a breakthrough at $2.06 could spark buying interest, targeting a price level of $3.16.
Cronos price analysis: Short-term levels in a long-term downtrend.
Over the past month, Cronos has dropped about 4%, with weekly fluctuations around -2%. Over the past six months, the token has significantly declined by about 46%. Price movements have consistently remained within a narrow range between $0.09 and $0.12. This trend indicates market pressure, characterized by slightly declining momentum and downward technical indicators. Despite the ongoing decline, the trading range of the token is clear, and if buying pressure reemerges, there may be potential for a rebound.
Currently, Cronos is trading between $0.09 and $0.12, facing critical levels that impact its trading activity. Resistance is at $0.12, and support is at $0.08, setting clear boundaries for recent price movements. Secondary resistance is at $0.15, with additional support at $0.05, further defining potential trading areas. Oscillator readings show moderate downward pressure, while an RSI near 54 indicates a balanced market, neither oversold nor overbought. Neither bulls nor bears are dominant, providing traders with space to explore opportunities on both sides. Traders might consider buying near the 8-cent support level or selling near the $0.12 resistance level to take advantage of short-term fluctuations.
