Best altcoin opportunities to buy before the market goes up

While the Bitcoin price is slowly showing signs of recovery after the last decline, the altcoin market has also begun to revive. BTC rose above $67,000 again, and leading altcoins Ethereum, Solana, BNB and XRP made profits of 10 percent, 9 percent, 3.6 percent and 3 percent, respectively. While this recovery trend signals a renewed rise before the BTC halving, popular altcoins that are currently undervalued are a promising investment option.

Polygon (MATIC) and SEI are ready for a rally

Based on the $1.28 limit in the last bull market, MATIC is trying to determine its new direction by breaking out of the symmetrical triangle pattern, which is a range in which the price is increasingly squeezed. MATIC price, which is expected to move towards the current trend if the cryptocurrency market rises, increased by 3.5 percent in the last 24 hours.

MATIC 1-day price chart Polygon, which is very close to the $ 1 target with the potential to rise despite the current selling pressure, is currently trading balanced between $ 0.99 and $ 0.88 on the EMA100 trend line. In case of an upward movement, it can reach $ 1,020.

SEI, which is considered as one of the assets with a fast start and rising potential in 2024, increased by 4 percent in the last 24 hours. With the current price increase, the asset, which is traded at $ 0.8498, remained stable in the resistance zone, showing a 2.5 percent decrease from $ 1.14 last week.

The Relative Strength Index on the SEI 1-day chart is located in the 48.7414 area, highlighting a neutral market movement. Additionally, developments in the SEI ecosystem also aroused interest. SEI coin, which became the center of attention with the launch of The Parallel Stack by SEI Labs, points to an optimistic price increase with its improvements in scaling. In addition, SEI, an asset whose growth potential is emphasized by crypto analysts who share on the X platform, such as Altcoin Sherpa, is thought to increase 13 times before the end of the year.

SMOG token ve Fantom (FTM) altcoini

SMOG token, one of the meme coins traded on the Solana exchange Jupiter, is one of the assets in an early growth trend. The dragon-themed meme coin aims to attract more people by giving equal chances to every participant with its nominal pre-sale features. Looking at the technical graphics of the meme coin SMOG, which exhibits community-oriented growth, the asset, which has been following a turbulent process for the last week, managed to compensate for its weekly loss to some extent with a 34 percent increase in the last 24 hours. The asset, which is traded at $ 0.2152 and whose trading volume increased by 205 percent in the last 24 hours, manages to maintain investor interest. At the same time, it grew by 25 percent in terms of market value, reaching 167,665,605 dollars. Meme coin SMOG token, whose price may rise due to purchasing pressure, has the potential to reach $ 1.

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Fantom (FTM) coin, which was last traded at 1 dollar, gained value and became one of the rapidly rising assets. The altcoin, which was fluctuating between $0.97 and $1.10 at the time of writing this article, has been trading in a rising wedge pattern for a long time. After Bitcoin lost value, it showed resilience and gained 19 percent in the last 7 days and 167 percent in the last month.

Fantom 1-day price chartFTM coin's RSI value exceeds the upper threshold, indicating that the altcoin may reach new highs and then experience a correction. While MACD indicators indicate that the FTM coin will remain in an upward trend for a while, the altcoin may move from $ 1 to $ 2.