Experienced cryptocurrency analyst Captain Faibik as three altcoins that he expects to make a big breakout in the short term Aevo (AEVO), Dymension (DYM) and THORChain(RUNE) shared. According to the analyst, three altcoins are on the verge of significant price movements.
AAVO and DYM Positioned for High Profit
Closely followed cryptocurrency analyst Captain Faibik, AEVOHe claimed that DYM and RUNE present significant profit opportunities for investors as they show signs of potential breakout from critical resistance levels. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Analysts are expecting a breakout in the short term, but they have highlighted that AEVO appears to have bottomed out. They are citing $0.60, $0.94, and $1.40 as key short-term targets for the altcoin, and that a potential rally is inevitable if its momentum is maintained. Current price action suggests that AEVO could be positioning itself for a sustained uptrend and is an altcoin to watch closely.
DYM is also giving promising signals as it struggles with the weakening falling trend line resistance. Captain Faibik, DYM He believes that this could be the moment to break out of the downtrend it has been stuck in for a long time. Investors should keep a close eye on DYM’s performance as the analyst estimates the medium-term earnings return potential for the altcoin to be 350%, as a breakout like the one expected could bring significant gains.
RUNE Is Preparing for a Great Break
Another altcoin pointed out by Captain Faibik RUNE Another strong technical formation that points to an upward breakout from the falling wedge formation altcoin This pattern is typically considered a bullish signal, and therefore RUNE’s current structure continues to look extremely promising.
It is critical for investors to closely monitor the key resistance level at $4.10, which could pave the way for a significant upward move in RUNE if broken, for a high profit opportunity.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
