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Top 3 Altcoins Geared Up for Significant Price Increases!

Apr 1, 2024

Amidst the spotlight on AI and Meme coins as top performers, specific altcoins are gearing up for a significant surge. Despite a slight pullback in Bitcoin and other major altcoins on Monday, there is underlying demand and potential fuel from the Bitcoin Halving to reignite the bull run.

Ranked among the top performers in the past 24 hours, NEO, ICP, and DOT are showing price trends signaling an imminent rally. These altcoins are poised to soar to new 52-week highs, so let's analyze their price charts.

Are you ready to discover the next top-performing altcoin?

Altcoin Poised for a 65% Increase

The NEO price trend has been on a path to recovery, settling above the 50 EMA on the 4H chart. Following a golden crossover, the altcoin consolidates and tests the 50% Fib level at $15.81.

NEO Price Chart

With the 50 EMA providing support for higher high formation, NEO's price experienced a 2.49% increase last Sunday. However, a drop in BTC price at the beginning of the week brought the altcoin back down.

If the uptrend in NEO breaks above $18.28, the bull run could target the 1.618% Fib level at $26.28.

ICP Price Ready to Take Off

Having seen a recovery rally of 46% in the last two weeks, the ICP price hit the $20 mark before testing the 50 EMA. A consolidation phase on the 4H chart has led to a bullish flag formation.

ICP Price Chart

Amidst high expectations for an altcoin season, ICP shows significant potential to reach a new high. If the bullish trend continues, the price could target $31.54.

Polkadot Preparing for a Strong Comeback

With a market cap of $12.48 billion, DOT price is finding support at the 50D EMA for a recovery rally. A 43% increase over the last two months indicates a trend reversal on the daily chart.

DOT Price Chart

Based on Fibonacci levels, DOT is retesting the $10 breakout at the 50% Fib level. With the 50D EMA providing support, buyers are gearing up for a potential reversal.

If buyers successfully achieve a post-retest rebound, the altcoin could target $15.640.

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