Based

bullish

Rally

Polkadot

Jito

<p>With the Bitcoin price likely to cross about the $100,000 mark this week, the altcoins are on the verge of bullish explosion. With the smart money flowing into the lower-cap altcoins for bigger returns, the breakout rally in such altcoins is occurring more frequently.&nbsp;</p>   
<p>So, are you confused about which altcoin to buy this week for a 2x gain? Worry not; we have brought you the top 3 altcoins likely to give 2x returns this week.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-jito-finance-jto-eyes-7-47-nbsp"><strong>Jito Finance (JTO) Eyes $7.47&nbsp;</strong></h2>   
<p>Starting with JITO Finance, the long-coming resistance trendline breakout shows a bullish rally at play. With post-retest reversal from the 23.60% Fibonacci level, the altcoin is now inching closer to the $4 psychological mark.&nbsp;</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/25151522/GP44UJiS-1024x509.webp" alt="Jito Price Chart" class="wp-image-384995">
</figure>   
<p><a href="https://www.tradingview.com/x/GP44UJiS/" target="_blank" rel="noreferrer noopener nofollow">Tradingview</a></p>   
<p>Following the golden crossover, the 100 and 200 EMA are on the verge of giving a bullish crossover. As the recovery rally takes place, the altcoin is likely to complete a rounding bottom reversal with the neckline at $4.59.&nbsp;</p>   
<p>With the positive alignment in the MACD and signal line, the Fibonacci level pinned the price target at $6.2753 and $7.4749. Hence, with a massive upside of more than 100%, the JITO token is a must-buy this week.</p>   
<h2 class="wp-block-heading" id="h-hedera-hbar-breakout-puts-0-55-on-radar"><strong>Hedera (HBAR) Breakout Puts $0.55 on Radar</strong></h2>   
<p>In the weekly chart, the HBAR price trend shows a massive recovery rally at play. Surpassing the 23.60% Fibonacci level, the altcoin has exceeded the 50-week and 200-week EMA line.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/25151529/zFxTjAH7-1024x509.webp" alt="HABR Chart" class="wp-image-384996">
</figure>   
<p><a href="https://www.tradingview.com/x/zFxTjAH7/" target="_blank" rel="noreferrer noopener nofollow">Tradingview</a></p>   
<p>&nbsp;Following the three consecutive bullish weeks, the uptrend has now reached the $0.14. Despite the incredible back of 1.78%, with the post-retest reversal from the 23.60% level, the altcoin is likely to reach the $0.24 mark.&nbsp;</p>   
<p>Beyond this, the 78.60% Fibonacci level at $0.35 is the next potential price target this week. The MACD indicator gives a buy signal for the HBAR token as it maintains a positive alignment with the surge of bullish histograms. Meanwhile, the 50-100-week EMA line is on the verge of a bullish crossover.&nbsp;</p>   
<p>Hence, with positive signals and technical insights signaling a buying opportunity, HBAR is likely to give more than 2x returns this week.</p>   
<h2 class="wp-block-heading" id="h-polkadot-dot-rally-target-16"><strong>Polkadot (DOT) Rally Target $16</strong></h2>   
<p>In the daily chart, the Polkadot price action shows a falling wedge breakout value gaining momentum. With a parabolic rise, the altcoin has increased from the $4 psychological mark to the current price level of $9.15.&nbsp;</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/25151543/Teo4JsDJ-1024x509.webp" alt="Altcoin Polkadot price chart" class="wp-image-384997">
</figure>   
<p><a href="https://www.tradingview.com/x/Teo4JsDJ/" target="_blank" rel="noreferrer noopener nofollow">Tradingview</a></p>   
<p>The increased demand has resulted in a golden crossover within the 50-day and 200-day AMA. Furthermore, the MACD and Signalize are maintaining a positive alignment.&nbsp;</p>   
<p>Based on the Fibonacci levels, the altcoin rally challenges the 78.6% Fibonacci level at $9.25. However, the broader market recovery is likely to continue the bull run in Polkadot.&nbsp;</p>   
<p>Based on the price action and Fibonacci levels, the upside price targets are at $13.63 and $16.26. Hence, with a potential 2X rally, the Polkadot price will continue the bull run.</p>   
<p>Curious to know if the uptrend in Polkadot will reach $100. Check out Coinpedia's latest <a href="https://coinpedia.org/price-prediction/polkadot-price-prediction/" target="_blank" rel="noreferrer noopener">DOT price prediction </a>for 2025-2030 targets.</p>   
<h2 class="wp-block-heading" id="faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732532406086">
  <strong class="schema-faq-question"><strong>Why are Altcoins Gaining Momentum?</strong></strong> 
  <p class="schema-faq-answer">With Bitcoin nearing $100K, altcoins are experiencing an increased inflow of "smart money" as investors seek higher returns from lower-cap assets.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732532416818">
  <strong class="schema-faq-question"><strong>Why Choose JITO Finance?</strong></strong> 
  <p class="schema-faq-answer">JITO Finance (JTO) has shown a long-awaited breakout and is now nearing the $4 psychological mark.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732532417612">
  <strong class="schema-faq-question"><strong>What Makes Hedera (HBAR) a Strong Buy?</strong></strong> 
  <p class="schema-faq-answer">HBAR’s recovery rally has surpassed key resistance levels, including the 23.60% Fibonacci level.</p> 
 </div> 
</div>

Smart Money Picks: Top Altcoins That Could Double This Week

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