Trader and analyst Rekt Capital predicted that several altcoins may transition into new macro uptrends in the next few months.
In his video, the analyst named SOL, DOT, AVAX, MATIC, XLM, and RUNE as altcoins to watch.
Rekt Capital predicted that SOL could rise to as high as $100, while MATIC may climb to $1.
The renowned cryptocurrency trader and analyst Rekt Capital revealed in a YouTube video that several altcoins seem to be breaking out of a long-term “macro bearish” trend. In the analysis, he predicted that altcoins like Polkadot (DOT), Avalanche (AVAX), Stellar (XLM), Solana (SOL), as well as THORChain (RUNE), and Polygon (MATIC) may transition into new macro uptrends in the next few months.
The analyst shared that DOT was attempting to escape a falling wedge pattern that had formed on its monthly chart. Rekt Capital predicted that the altcoin reclaiming a position above the chart pattern could give it the foundation needed to enter into a strong bullish move. Should this thesis play out, he believes that DOT’s price could climb to above $10.
Similarly, AVAX was also in the process of trying to …
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