The crypto market is experiencing a positive trend, with Bitcoin leading the charge.
Several altcoins are seeing significant gains, with Brett, Dogecoin, Avalanche, Solana, and THORChain primed for growth.
Analysts like Ali and Shelby offered bullish predictions, including a possible 400% increase for Brett and a 500% upswing for Solana.
Many of the promising altcoins are showing breakout signals in their charts.
Investors should remain cautious and wait for the right confirmation signals before entering positions.
The crypto market is performing significantly better than it did in the previous months.
Bitcoin has very easily crossed the $65,000 threshold and is now trading comfortably at around $67,000 at press time.
The crypto market turned green.
Hundreds of millions of bearish liquidations after, and the altcoin market has joined the party.
Bitcoin alone is up by 10% on the weekly timeframe, second only to Solana and XRP's 18% and 11% upticks among the top 10 cryptocurrencies on the market, respectively.
Last week was a good one, and this week might turn out to be better.
Here are some of the biggest altcoins to keep an eye out for over the next seven days.
Brett is one of the most bullish cryptocurrencies on the market over the daily timeframe and even on the weekly, as shown in the snapshot below:
Brett’s price
The cryptocurrency was up by as much as 5% in the 24 hours before this writing and by 19% in the previous seven days.
But why keep an eye out for this random Base token?
In a recent tweet, renowned analyst Ali mentioned something interesting about Brett: We might be looking at an incoming 400% price rally soon:
Brett in the charts
“BRETT is breaking out of a bull flag!” the analyst enthused. “If the $0.15 support level holds, BRETT could soar to $0.63, [in] a potential 4x increase!”.
At the time of writing, the memecoin trades at around $0.1436.
This means that for the best and safest way to enter, investors might want to wait for a break above the aforementioned $0.15 level as confirmation, before riding the resulting 400% wave to $0.63.
Dogecoin is another easy bet. Aside from the 4% on the daily timeframe, Dogecoin has also been busy on the weekly, gaining around 15% in the last seven days.
Dogecoin’s price
What is interesting about Dogecoin, according to crypto trader Shelby in a recent Twitter post, is that it is “breaking out and looks primed for an aggressive up move”.
Dogecoin’s breakout
This is alongside the ongoing Dogecoin breakout shown in the chart above.
Investors should be aware that a small post-breakout consolidation or a pullback might occur from here.
However, aside from this, the breakout of memecoin means that its prices can only go upward in the long run.
We should also mention that Shelby added in the previous tweet that if Dogecoin begins to rally, then others like $FLOKI and $SHIB will do so as well.
Avalanche is also a top performer, with a 3% price increase in the daily timeframe and another 11.21% on the weekly.
Avalanche’s price
Just like Dogecoin, Avalanche is working on a breakout of its own and is looking at a potential price increase above the $29.3 and $30.8 price range, as shown.
Avalanche’s price action
This means that we can expect some action around the top of the descending wedge illustrated above.
However, investors should keep in mind that the ultimate entry signal would be a clean break and close above $30.8.
Avalanche can only be approached when this happens, and not before.
Solana is also another top gainer, with a mere 2% price increase on its daily timeframe but a more impressive 18% on its weekly, as illustrated:
Solana’s price
However, what if there were signs of bigger things to come?
According to Ali in a recent tweet, Solana might be gearing up for a 500% upswing to $1,000.
Solana’s upswing to $1,000
"Solana is eyeing $1,000!" Ali says, "Early signs of a breakout from a bull pennant suggest a potential 900% rally ahead."
As it stands, Solana is incredibly close to breaking above this pennant and should be primed for the start of this upswing very soon.
RUNE is only up by around 4% over the last 24 hours before writing, but is the most bullish on this list, with more than a 26% price increase in the previous week.
Rune’s price
The cryptocurrency is this bullish because of the descending channel below.
While the descending channel shows bearishness in the medium term, the short and long terms appear promising, and RUNE has already rebounded from the formation's base.
Descending trendline on THORChain
Judging by the bullish momentum so far, it is safe to assume that the bullishness will continue, and we will see a retest of the upper trendline of this formation, somewhere around $6.3 during the week.
If a breakout happens, RUNE will become poised to continue further upwards to its previous local resistance around $11.5.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information but will not be responsible for any missing facts or inaccurate information. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.