With recent price increases in Bitcoin and Ethereum, the altcoin market is showing strong recovery. Investors hope for the start of a prolonged altcoin market growth.

Apecoin: Impressive Growth

Apecoin has surged by approximately 30%, becoming the top gainer among the top 100 cryptocurrencies. Despite this, it trades at a 46% discount from its yearly high, indicating potential for further bullish reversal. Investors focus on the MACD indicator showing a significant uptrend.

Arbitrum: Volatility Impact

Amid increased volatility, ARB has reclaimed the $0.60 mark with a 9.84% increase over the past 24 hours. With a market cap of $2.42 billion, it holds the 39th position. If the market remains bullish, ARB may test its resistance level at $1.070.

Jupiter: Breaking Barriers

After consolidating, Jupiter has risen by 10.68%, surpassing its August high. The MACD shows continued upward momentum, suggesting potential further price increase for the token.

The altcoin market is becoming increasingly dynamic, offering both growth opportunities and risks to investors. Monitor developments and analyze data before making investment decisions.