Altcoin
List of strong gaming altcoins that require immediate attention
Kyledoops of Crypto Banter joined gaming expert Hustle and expressed bullish sentiments towards the gaming industry. However, they said that the industry could see big gains towards the end of the current market cycle. Kyledoops said that meme coins have currently captured the most attention, but also spoke about the strong foundation and user base in the gaming industry.
He believes gaming projects will see significant returns once retail interest returns. Kyledoops said that the altcoin market is showing clear patterns of lower lows and lower highs, indicative of a downtrend. He provided a list of altcoins to watch:
Beam
The price is currently in a low support range. The analyst encourages focusing on horizontal levels rather than diagonals for reliability. The significant support level has been respected for 137 days, indicating a likely rebound.
Ronin
The main support is at $1.44, with intermediate support around $1.88 and $1.68. The price is falling sharply and a bounce at these support levels is expected.
X immutable
A bounce from $1.29 is expected, with the potential to fall further if this level fails. Significant support at $1.29, with growth opportunities between $1.12 and $1.29.
First
Potential bounce to current level, but likely to continue to $6.71. We await a drop to $6.71 and consider buying at this lower support level.
Wilder world
In partnership with Nvidia and Celestia, listed on Epic Game Store. Expect a potential rebound and consolidation phase. If it breaks above $0.52, it opens the possibility of trading in a higher range.
Sidus
Expect range-limited behavior, which allows for reaccumulation. Historical patterns point to a likely broader market rally, expected in the third quarter of this year.
Meme Coins
Meme coins like Brett look bullish with an ascending triangle pattern. Consider buying around $0.15 and earning targets at $0.24 and $0.29 on a breakout. Foxy is near resistance at 1 cent; he looks for a breakout above $0.0168 for potential gains. Pepe shows strong support after testing previous highs. Wif formed a range and recovered the lows; look for gains towards the mid and upper ranges in case of a breakout.