Altcoins
List of strong gaming altcoins that need immediate attention
Crypto Banter’s Kyledoops joined gaming expert Hustle and expressed bullish sentiments towards the gaming industry. However, they said the sector could see big gains towards the end of the current market cycle. He said that meme coins have currently captured more attention, but also talked 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
Major support at $1.44, with intermediate support around $1.88 and $1.68. The price is falling sharply and is expected to rebound to these support levels.
X immutable
A bounce from $1.29 is expected, with potential for further decline if this level fails. Significant support at $1.29, with retrenchment opportunities between $1.12 and $1.29.
First
Potential bounce to current level, but likely to continue to $6.71. Watch for a drop to $6.71 and consider buying at this lower support level.
Wildest world
Partnership with Nvidia and Celestia, listed on Epic Game Store. Look for a potential bounce and consolidation phase. If it breaks above $0.52, it opens up the possibility of trading within a higher range.
Sidus
Expect range-bound behavior, allowing for re-accumulation. Historical patterns indicate a likely rally with the broader market, expected in Q3 this year.
Meme coins
Meme coins like Brett are looking bullish with an ascending triangle pattern. Consider buying around $0.15 and target $0.24 and $0.29 for a breakout. Foxy is near the 1 cent resistance; look for a breakout above $0.0168 for potential gains. Pepe is showing strong support after testing previous highs. Wif has formed a range and reclaimed the lows; look for gains towards the mid and high ranges on a breakout.