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Recently Kyle Doops, host of Crypto Banter’s Trading Show, has revealed many new altcoins that weren’t part of previous market cycles. While altcoins haven’t yet broken out, he sees strong signs of a potential surge. Kyledoops believes that once key resistance levels are breached, dips could present buying opportunities.
As Bitcoin’s dominance falls at 58%, he expects altcoins to soon take the spotlight, creating the perfect conditions for an explosive altcoin season. Reflecting on past cycles, standout coins like XRP, Litecoin, Solana, and Cardano have delivered massive gains, and Kyledoops expects similar success ahead.
Top 9 Altcoins to Eye in This Cycle
Ton Coin (TON)
Starting with Ton Coin, the analyst said that on the weekly chart, Ton Coin is at the mid-range resistance area, but any buy below this level is considered a discount zone. The expectation is for Ton to rise toward $12 in the short term. Moreover, the best buying should be around $6 considered ideal for long-term gains. Breakout is possible by December or January a bullish month for a price surge.
Casper (CSPR)
Moving on with the list, Casper is finding support at its mid-range level. After outperforming Bitcoin in the 2023 bull run, it could see further gains up to the $0.28–$0.30 range. Buying around $0.14 is recommended for long-term holders. A break above $0.18 would signal continued upside potential.
Sui (SUI)
Being an underdog, Sui is consolidating after hitting the 1.618 FIB extension. A little pause and consolidation are expected before a move towards $6.65. If Bitcoin sees a major dip, Sui may fall to the $2 range, which would be a prime buying opportunity. The long-term outlook is positive, with the possibility of strong growth.
Injective (INJ)
One of the hot coins, Injective is at mid-range levels on its weekly chart. The price needs to reclaim $3 to target a move up to $4.50. Buying within the mid-range zone is a good reaccumulation strategy. Once it breaks above $3, the next target would be $4.50, with a further upside towards $7.20.
Render (RNDR)
Render is showing a strong entry pattern, with a good chart setup for potential growth. Though very new on the list, the coin showcases a favorable price for investment in the coming months.
FET (Fetch.ai)
Fetch.ai is also in a bullish phase after consolidating, it is expected to move higher as the market cycle progresses. Investors should keep an eye on any retracement into support levels for a potential entry, as Fetch.ai might continue to perform well in the next market phase.
XLM (Stellar Lumens)
Though not much hyped, XLM is in a solid position to gain as it is building momentum and showing signs of growth. With ongoing developments in the Stellar network, the outlook is bullish. Buying near the support levels would be ideal, with a target to hold through the upcoming bullish phases.
ADA (Cardano)
With regulations at ease, Cardano has been consolidating its range and might be preparing for a breakout. Its strong fundamentals and development updates suggest a positive outlook. Investors should watch for a break above key resistance levels to confirm the continuation of the upward trend, aiming for long-term gains.
MATIC (Polygon)
Around off-the-list analysts concluded with Polygon showcasing a strong presence in the market, with the potential to capitalize on the growth of decentralized applications and Ethereum’s ecosystem. Look for potential dips in price to buy into Polygon, as the network continues to grow and attract more adoption in the DeFi space.
Out of these 9 hidden gems, what will be your pick in the upcoming altcoin season?
