Bitcoin, hovering above $90,000, paved the way for a rapid rise in the altcoin market.
The price has been fluctuating for several days. BTCwhich led to the rise of the altcoin market. The leader of cryptocurrencies, which usually trades above $90,000, is gradually increasing its bull signals. Although dominance increases in the process. altcoinInflow of money has accelerated. So which altcoins made their mark in the last 24 hours?
1- Mantra (OM)
OM, which is seen as one of the potential altcoins of the upcoming bull season, has gained more than 46% in the last 24 hours. OM, which closed the peak with this increase, gave strong indications of a bull season. If Bitcoin remains positive, $5 resistance can be targeted for OM.
2- Bonk (BONK)
BONK, one of the most popular memecoins in the Solana ecosystem, is in second place with a 28.93% increase in the last 24 hours. BONK, which differentiated not only memecoins but also a large part of the altcoin market, delighted its investors.
3- Stellar (XLM)
XLM, which launched after XRP broke $1, has performed 23.52% in the last 24 hours. After a long breakout, XLM is pushing the $0.20 resistance. By breaching this level, the $0.30 band can be targeted.
4- Quantity (QNT)
QNT, which is not affected by Bitcoin’s volatile movements, rose 21.67% in the last 24 hours. The popular altcoin, which ranks fourth on the list, trades at $82. A strong resistance level for QNT would be $100. This level can create selling pressure both technically and psychologically.
5- Sandbox (Sand)
SAND, one of the popular coins in the Metaverse space, gained 16.99% in the last 24 hours. It is SAND, which lags behind other altcoins. He gave hope with his rise. Sand traders are currently eyeing $0.50 as resistance. A weekly close above this level could cause the price to reach $1.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
