With the BTC worth stabilizing above the $63,000 stage, prime cryptocurrencies have regained momentum with main altcoins breaking out of their respective resistance ranges. Furthermore, mid-cap altcoins have recorded excessive positive aspects, elevating speculations of a possible Altseason.
Planning on investing in altcoins however confused about which one to stack? Dive in as, on this article, we have now lined the value evaluation of Fantom (FTM), ImmutableX (IMX), and Helium (HNT) for the upcoming weeks.
Fantom (FTM)
The FTM worth has added 1.43% up to now 24 hours with a buying and selling quantity of $166.030 million. Additional, it has jumped ~15% over the previous week and 30.80% throughout the previous 30 days. Notably, it has rewarded its long-term traders with a YTD return of 27.52%.
The Easy Shifting Common (SMA) continuously acts as a assist to the Fantom worth chart within the 1D timeframe. Furthermore, the RSI indicator is hovering near its overbought vary. This implies a optimistic outlook for the altcoin throughout the upcoming week.
Suppose, a bullish reversal happens, in that case, the FTM worth might head towards its higher resistance stage of $0.840. On the flip aspect, if the bears proceed gaining momentum, the value might plunge towards its assist stage of $0.5375.
ImmutableX (IMX)
Regardless of recording a drop of two.36% up to now day, the IMX worth has jumped 22.36% over the previous week. Furthermore, it has added ~20% to its valuation over the previous month. Notably, with a market capitalization of $2.828 billion, it has secured the thirty sixth place available in the market.
The MACD indicator reveals a continuing rise within the inexperienced historical past with its averages exhibiting a bullish rise. Alternatively, the EMA 50/200-day has recorded a bullish curve within the 1D timeframe. Additional, this highlights a excessive chance of a Golden Cross.
If the market continues buying and selling below a bullish sentiment, the IMX worth might head towards its higher resistance stage of $2.470 throughout the upcoming time. Conversely, a bearish motion might pull the value towards its low of $1.464.
Helium (HNT)
With a soar of 8.56% over the previous week, the HNT worth continues buying and selling inside the increasing channel sample. Notably, the altcoin has been buying and selling on this sample since July, indicating a long-term bullish sentiment for it available in the market.
The RSI indicator has recorded a pointy drop towards its impartial level within the 1D timeframe. Nonetheless, the SMA acts as a assist. This implies a blended sentiment for the Helium coin worth within the coming time.
If the bulls regain momentum, the Helium worth could get away of its resistance stage of $8.010 and be headed towards its higher resistance stage of $9.510. Nonetheless, if the bearish sentiment intensifies, this might end in it retesting its low of $6.525.
Inquisitive about Helium’s future? Learn our Helium (HNT) Worth Prediction for worth targets!
