Here, Coin Edition looks at ten altcoins that could recover significantly after the market turmoil settles.
Uniswap (UNI)
Uniswap’s (UNI) price was $15.06 at press time. In the last seven days, the price has increased by 37%. However, the Relative Strength Index (RSI) reading had fallen at press time, indicating that the buying momentum was waning.
Should the RSI drop below 60.00, then UNI’s price might continue to decline. In a highly bearish case, UNI might drop to $13.03 where the Supertrend had identified a buy signal. If buying pressure resumes, UNI’s price might extend toward the $20 region.
UNI/USD 4-Hour Chart (Source: TradingView)
Aptos (APT)
APT’s 4-hour chart showed that bears had halted the previous bullish momentum. If bulls can defend the $12.96 support, then APT’s price might extend to the overhead resistance at $14.40.
A close above the $14.40 resistance could send APT in the $16 direction. However, failure to crossover the hurdle could see the token slide below $12 in the short term.
Furthermore, the RSI reading dropped, indicating a decline in buying momentum. In this case, APT’s price could drop below the $13 region. B…
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