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As the cryptocurrency market continues to evolve, some lesser-known coins are showing promising signs. Some altcoins are expected to see significant growth in the coming months. In this article, we take a look at some of the under-the-radar contenders that are likely to deliver impressive gains in August and September, providing valuable insights for anyone looking to stay ahead of the crypto game.
Uniswap (UNI) is currently trading between $5.47 and $7.39, showing signs of a potential recovery. Despite its recent struggles, the coin has a chance to bounce. If UNI can bounce from current levels, it could overcome the $8.60 resistance and target $10.52, which would represent a significant upside of around 60%. The RSI is at 43.21, indicating room for a reversal. If there is strategic momentum, UNI could see an impressive upside in the coming months.
Chainlink (LINK) is trading between $9.62 and $13.03, and despite the recent downtrend, it has promising potential. The next bullish target for the coin is a breakout of the $15.18 resistance, which could set the stage for a notable uptrend. With solid support at $8.36 and recent averages showing stability, LINK has a strong foundation to build on. A break above $18.59 could see upside of up to 50%, with August and September looking interesting for potential growth.
Kaspa (KAS) is currently trading between $0.15 and $0.20, and the recent trend suggests a possible upside. The RSI is at 51.54 and the Stochastic level is at 37.04, suggesting rising upward momentum. If KAS breaks the $0.22 resistance, it could target $0.27, which would mark an impressive 35% upside from the current range. With a relatively stable trend and potential for recovery, Kaspa could experience promising growth in the near future.
Jupiter (JUP) is trading between $0.65 and $1.11 and has shown strong long-term growth, up 70% over the past 6 months despite the recent short-term decline. The coin’s 9.04% gain over the past month suggests resilience and continued potential. If JUP can break its nearest resistance level of $1.40, it could target $1.85, potentially offering a stunning 65% upside. Jupiter’s overall strength and recent performance make it a coin to watch for positive moves in the coming months.
Polkadot (DOT) is trading between $4.19 and $5.52, and while the recent trend is down, there is still a lot of room for a bounce. The nearest resistance level of $6.36 provides a promising target, and a possible break above this level could see DOT up by around 30%. A further rise to the next resistance level of $7.69 could see an additional upside of around 50%. Despite the current bearish trend, DOT’s growth potential in August and September remains strong, making it an interesting option for investors looking for a recovery.
conclusion
In conclusion, the altcoins highlighted in this analysis, Uniswap (UNI), Chainlink (LINK), Kaspa (KAS), Jupiter (JUP), and Polkadot (DOT), all show promising signs of bullish potential in the coming months. Each coin has strong technical indicators that suggest significant growth potential despite recent struggles. With potential gains ranging from 30% to 70%, these altcoins present an interesting opportunity for investors looking to capitalize on the market rebound in August and September. As always, strategic investments and careful monitoring are key to capitalizing on these opportunities in the evolving cryptocurrency market.
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.
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