Key Insights
- GMX ($GMX): Crypto Analyst, Ali predicts a 48.5% breakout to $90 based on a head and shoulders pattern.
- Polkadot (DOT): Crypto Bullet suggests a potential rise to $16, representing an 80% increase.
- Chainlink (LINK): Michaël van de Poppe expects a breakout against Bitcoin in the next 2-3 months, potentially outperforming it.
- Arbitrum (ARB): Analyst Yoddha predicts a similar rally to Avalanche (AVAX), potentially reaching $12 or higher.
- Fetch AI (FET): Crypto Dona sees a potential surge to $11.7, driven by Bitcoin’s rise and a 539.34% upside.
Another to take advantage of the crypto market’s heat and take in some profits!
As usual, Twitter has been buzzing with hot takes, token analyses, bag recommendations, as well as key insights as to what is going on in the crypto market.
As such, we have taken the liberty of compiling a list of five of the most bullish altcoin tweets in the market, to help you make better decisions when it comes to choosing the right altcoins to buy and HODL.
Here are our top picks.
1. $GMX Is Going To $90
GMX, according to Ali, is going to $90.
Ali is one of the most prominent analysts on Twitter and often drops signals on everything from crypto to stocks to real estate.
According to a recent tweet, though, the analyst cited the GMX chart, stating that the cryptocurrency is forming a head and shoulders pattern on the daily chart.
$GMX is forming a head-and-shoulders pattern on the daily chart. A sustained daily candlestick close above $60 could trigger a 48.50% bullish breakout that sends #GMX toward $90! pic.twitter.com/6sDlh0NedV
— Ali (@ali_charts) March 2, 2024
As such, ALi posits that if we see a sustained daily candlestick above the $60 zone, we just might see a 48.50% bullish breakout that sends GMX to $90!
Keep in mind that according to CoinMarketCap, GMX currently trades at around $57.47, and is up by around 12% over the last week.
2. Straight up to $16 on Polkadot?
Crypto Bullet on this one.
According to a recent tweet from the analyst to all 106k of their followers, Polkadot is about to witness some "open air" to $16.
It’s basically open air till $16 pic.twitter.com/tjvkGyrm8j
— CryptoBullet (@CryptoBullet1) March 2, 2024
This might present a significant buy for investors because according to data from CoinMarketCap, the cryptocurrency trades at around $9, with a weekly price increase of around 18%.
This presents some extra 80% potential for the cryptocurrency and would be a blast if this outlook plays out.
3. Chainlink Will Break Out And Challenge Bitcoin In The Coming 2-3 Months
This analyst is more well-known.
According to a recent tweet from Michaël van de Poppe, analyst and MN consultancy CEO, Chainlink could be about to hit Bitcoin in full force.
The analyst argues that the valuation of $LINK is very low compared to Bitcoin.
Moreover, LINK is at the start of its "bull cycle", and considering its latest weekly candle, the cryptocurrency could be breaking out of the range against Bitcoin in the coming 2-3 months.
This means that Chainlink could be about to beat Bitcoin in terms of price performance soon enough.
As shown by data from CoinMarketCap, Chainlink currently trades at around $20.45, with a weekly price gain of around 9.3% at the time of writing.
4. Arbitrum Is Set To "Pull An $AVAX" This Year
For context, between October 2023 and December 2023, AVAX rallied by around 600% from $7 to a staggering $49 as shown below:
According to a new tweet from analyst, Yoddha to their 41k followers, Arbitrum is set to "pull an AVAX" this year.
Keep in mind that at the time of writing, the cryptocurrency trades at around $2, and is up by around 10% over the last week, according to data from CoinMarketCap.
Assuming that Yoddha is right on their Arbitrum outlook, we can expect the cryptocurrency to go as far up as $12 or even higher, within the next few months.
$FET Is Set To Melt Faces
According to another one of several tweets about $FET (Fetch AI), FET is about to move in tandem with Bitcoin.
Crypto Dona argues that considering how Bitcoin is attempting to break above its previous all-time high and hit anywhere between $78 and $81, FET is currently trading inside a rising channel against Bitcoin.
chart looks absolutely beautiful , currently trading inside a rising channel , expecting a 4.2x surge against bitcoin once we breakout
running quick math , #BTC = $78K $FET = $11.7
Soon people will begin to realize that my $27 target was never delusional pic.twitter.com/iHtf49NHIz
— Dona.inj (@CryptoDona7) February 28, 2024
Judging by what the analyst calls "quick math", FET could be poised to hit anywhere around $11.7, when (not "if") Bitcoin hits $78.
According to data from CoinMarketCap, FET trades at around $1.83 at the time of writing and is up by around 64% over the last week.
This means that the cryptocurrency is expected to rally by a staggering 539.34%, side by side with (and also outperforming) Bitcoin.
Disclaimer: Voice of Crypto aims to deliver accurate and up-to-date information, but it 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.
