Hello!
I want to share something interesting that I noticed in the market. While Bitcoin and Ethereum have dipped a bit, some altcoins are showing incredible strength and may even reach new all-time highs.
I read about three such coins. The first is Epic Chain (EPIC). It is supported by Ripple, and I found out that large investors are actively buying it. Over the past week, the 100 largest addresses have increased their holdings by more than 12 million tokens. At the same time, balances on exchanges have decreased, indicating a possible shortage. Currently, EPIC is only 4% below its ATH of $3.02, and if it breaks the resistance level at $3.03, I think it will reach new heights.
The second coin is Saros (SAROS), which operates on the Solana network. Its balances on exchanges have also significantly decreased (by a whole 58.33%!), which means that long-term holders are withdrawing coins to use them in the protocol. SAROS is currently about 5% below its ATH of $0.41, and if it breaks the levels of $0.40 and $0.41, I think it will be able to start a new growth phase.
And, of course, BNB. It has shown its resilience, rising nearly 3% over the past week while other coins fell. BNB is only 4% away from its all-time high. It needs to break the mark of $866 to move towards a new target of $882. But caution is required: if it falls below $812, it could hinder further growth.
I believe it is very interesting to observe how these coins go against the overall market trend.
