Home web3.0 WEMIX, BNX, AIOZ Price Analysis: Which Altcoin Will Rally by 100% Next Week?

WEMIX, BNX, AIOZ Price Analysis: Which Altcoin Will Rally by 100% Next Week?

Jun 26, 2024 pm 07:52 PM

With the bull market starting to surface, the massive jump in low-cap altcoins signals a diversified approach from investors. As the uptrend picks up pace in these underrated tokens, will the bull run lead to a 100% surge next week?

WEMIX, BNX, AIOZ Price Analysis: Which Altcoin Will Rally by 100% Next Week?

As the bull market begins to unfold, low-cap altcoins are making a strong showing, indicating a diversified approach from investors. With a close examination of these underrated tokens, will the bull run lead to a 100% surge next week?

Meme coins are also making waves, begging the question: should you consider buying these low-cap altcoins for a 2x surge in the short term? Let's take a closer look at the price charts of these top-performing altcoins to gain a deeper understanding.

WEMIX Token Surges 36%, Targeting $3

Among the top-performing altcoins, the WEMIX token showed a strong price surge of 36% overnight. A massive bullish engulfing token countered the bearish trend last week.

TradingView

In the daily chart, the altcoin showcases a long-term bearish trend. With this recovery, the WEMIX price crossed the 50D EMA and might quickly approach the supply confluence of the 200D EMA and a resistance trendline.

Currently, the altcoin trades at $1.34 with an intraday drop of 3.30%, indicating a pullback after the massive jump.

If the bull run continues, the uptrend in the WEMIX price could reach the $3 mark.

Strong Uptrend in Altcoin BNX Aims for $2 with a Breakout Run

In a bull run, the BNX price action formed a strong support trendline in the 4H chart. In the recent trend, the altcoin formed a pullback phase with a resistance trendline, keeping the growth in check.

TradingView

However, the recent bullish revival from the support trendline led to an end in the correction phase in the altcoin. With the trendline breakout, the BNX price reclaimed the $1 psychological mark.

Currently, the BNX price trades at $1.176 after the 16% overnight jump. If the bull run sustains, the uptrend can surpass the $1.50 peak for an attempted run to $2.

Considering the uptrend sustains, a breakout rally of the falling wedge can reclaim the $1 psychological mark. With this breakout momentum, the AI token can jump to the $2 mark or the 1.618 Fibonacci level by the end of July.

AIOZ Price Prepares for Channel Break for a 2x Surge

After the bullish failure to cross the $0.90 mark from the reversal at $0.60, the AIOZ price faced a massive drop. In the declining trend, the altcoin fell below the 200D EMA and the $0.50 psychological support.

Moreover, the downfall increased the chances of a death cross in the daily chart between the 50D and 200D EMA.

Tradingview

But the recent price surge of 12.66% from the support trendline showed a bullish overnight recovery. The bullish reversal tests the broken 200D EMA and may quickly reach the overhead trendline.

With a bullish recovery, the uptrend in the altcoin can lead to a price surge to $1.

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