Bitcoin price hit another all-time high of $72,709 just a few minutes ago, shaking the entire cryptocurrency space. Data from Santiment shows that a large number of dormant coins are coming back into circulation, which can be considered a key validator of the bull market. Moreover, the relatively low BTC discussion on social platforms relative to its price suggests that the price may continue to rise for a long time.
While the environment is optimistic, here are some altcoins expected to rise 100x in the upcoming AltSeason 2024:
Graph Protocol (GRT)
- GRT price has been printing successive bullish candles and as mentioned above ‘one of the major resistances is currently facing some bearish action.
- However, the RSI continues to trade within the upper limit, suggesting that the token may remain bullish in the coming days.
- As strong volume builds, the price may continue to rise, first hitting the $0.5 level and later heading towards $1.
Decentraland (MANA)
- The recent bull run has pushed MANA price above key support levels and entered the upper resistance area between $0.73 and $0.79.
- Moreover, MACD has entered a bullish zone after being in a bearish zone for over a year.
- Moreover, DMI remains bullish as ADX triggers a bullish divergence. This suggests that the price could soon hit the $1 milestone, which could trigger a healthy uptrend going forward.
Fetch.Ai(FET)
- FET price rose above the rising wedge before reaching the consolidation edge. This means the bulls have taken over the rally.
- Despite relatively low volume, the price is maintaining a healthy upward trend, indicating a growing bullish advantage.
- Therefore, prices are expected to maintain a healthy upward trend and reach double-digit figures soon.
Dogecoin price has sparked a bull market in 2021, generating 250x returns that season, while Polygon (MATIC) has already posted 150x returns. The bears are already behind after Bitcoin price hit a new ATH, it could only be a matter of time before it hits $100,000. However, altcoins are showing little growth right now and may soon see a huge upswing.