Notcoin

Cardano

Hump

Lido DAO

Toncoin

<p>The post <a href="https://coinpedia.org/price-analysis/santiment-reveals-top-altcoins-to-watch-this-week/">Santiment Reveals Top Altcoins To Watch This Week</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p><a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC) price</a> is retesting the breakout from a micro triangular pattern following Monday’s bullish breakout beyond $72,500. Trading around $71k on Tuesday during the early London session, Bitcoin price is well-positioned to reach a new all-time high in the coming days.&nbsp;</p> 
<p>According to a respected trader Peter Brandt, <a href="https://markets.coinpedia.org/bitcoin/'">Bitcoin</a> price is forming Hump Slump Lump Dump (HSLD) pattern, thus expecting a rally towards $80k before dropping below $70k after the halving event. The prediction is also similar to what Arthur Hayes said in his latest <a href="https://cryptohayes.medium.com/heatwave-68dc6ccb3d21">blog</a> that Bitcoin and crypto prices will generally slump around the halving event.</p> 
<h2 class="wp-block-heading" id="h-ethereum-s-bear-trap-confirmed-nbsp">Ethereum’s Bear Trap Confirmed&nbsp;</h2> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="qst" dir="ltr">Yup <a href="https://t.co/Zshy1Knwmh">https://t.co/Zshy1Knwmh</a></p>— Peter Brandt (@PeterLBrandt) <a href="https://twitter.com/PeterLBrandt/status/1777492774243401942?ref_src=twsrc%5Etfw">April 9, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p><a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/">Ethereum price</a> against Bitcoin recently dropped to a fresh multi-year low and has been attempting to regain crucial support. According to Brandt, the recent ETH/BTC price drop is a bear trap that will result in their liquidation.&nbsp;</p> 
<p>Furthermore, the <a href="https://markets.coinpedia.org/ethereum/">Ethereum</a> network has remained the top alternative coin to Bitcoin among most institutional investors. Additionally, the United States Securities and Exchange Commission (SEC) will be issuing a major ruling on spot Ether ETFs, with most anticipating an imminent approval.</p> 
<h2 class="wp-block-heading" id="h-altcoins-to-watch-out-nbsp">Altcoins to Watch Out&nbsp;</h2> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> Powered by <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a>'s rise to start the week, <a href="https://twitter.com/hashtag/ERC20?src=hash&amp;ref_src=twsrc%5Etfw">#ERC20</a> assets have been well ahead of the markets on average. The sector has grown by +8.1% in the past week. Keep an eye on the continued surge of <a href="https://twitter.com/search?q=%24TON&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TON</a> (+21%), <a href="https://twitter.com/search?q=%24LDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LDO</a> (+12%), and <a href="https://twitter.com/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ENA</a> (+12%)<br><br>Watchlist link: <a href="https://t.co/uex3LH2qHC">https://t.co/uex3LH2qHC</a> <a href="https://t.co/9wAvW1TLYe">pic.twitter.com/9wAvW1TLYe</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1777498088305000755?ref_src=twsrc%5Etfw">April 9, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>With Bitcoin dominance showing inevitable signs of reversal in the coming weeks, the crypto cash rotation is expected to favor the altcoin industry. According to an on-chain analysis by Santiment, Ethereum’s ERC20 tokens gained about 8.1 percent last week on average.&nbsp;</p> 
<p>With the notable growth, Santiment pointed out three crypto projects – Toncoin (TON), Lido DAO (LDO), and Ethena (ENA) – likely to register higher gains ahead.</p> 
<p>Also Read : <a href="https://coinpedia.org/price-analysis/ena-price-prediction-blockbuster-breakout-rally-aims-for-2/">ENA Price Prediction: Blockbuster Breakout Rally Aims For $2</a></p> 
<h3 class="wp-block-heading" id="h-toncoin-ton"><strong>Toncoin (TON)</strong></h3> 
<p><a href="https://markets.coinpedia.org/toncoin/">Toncoin (TON)</a> is a fast-growing layer one blockchain leveraging the Telegram social platform. Remarkably, TON has overtaken Cardano (ADA) and is currently in the top ten most valuable digital assets.&nbsp;</p> 
<p>The Toncoin project recently unveiled a web3 mobile dubbed Universal Basic Smartphone (UBS). The Toncoin network has also registered palpable growth in the meme coin industry through tap-to-play projects such as Notcoin (NOT), and Hamster Kombat.</p> 
<p>As a result, TON’s price is up over 25 percent in the past 24 hours to trade above $6.83 on Tuesday.</p>

Santiment Reveals Top Altcoins To Watch This Week

Table of Contents

CoinPedia News

Other articles published on Apr 9, 2024

Raffle Coin’s Unique Appeal Attracts Uniswap & Cardano Traders Predicted to Revolutionize the Raf...

Richard Teng: Binance Prioritizes Compliance with Supercharged Team

ECB and Clearstream launch joint effort to explore tokenized securities in CBDC trials

Top 5 Solana Meme Coins to Buy in April 2024 for Potential 100x Gains

BTC halving to fuel ‘raging firesale of crypto assets’ — Arthur Hayes

Arthur Hayes: Bitcoin prices to plummet before, after halving

Join our free newsletter for daily crypto updates!