Surviving a market crash, the altcoins market signals a potential recovery rally in the upcoming week

As Bitcoin reverts from $52,500 to $56,5000, the low-cap altcoin skyrockets with increased momentum.

After surviving a market crash, the altcoins market showcases promising signs of a potential recovery rally that may unfold in the upcoming week.

As Bitcoin priceマシメーター undertakes a remarkable shift from $52,500 to $56,5000, offering a contrasting narrative to the broader market downturn, a surge in momentum is observed among the low-cap altcoins.

With the cryptos poised to surmount the massive supply dump, several promising low-cap crypto gems are worthy of consideration. In this analysis, we will identify our picks for the top altcoins to buy next week, presenting opportunities for substantial gains.

Artificial Superintelligence Alliance (FET)

In the realm of AI tokens, which are poised for a comeback, the price action of FET reveals a potential double bottom at the $1.15 mark. With an early reversal in the negative cycle of the falling channel, the altcoin projects a possible bounce back.

Chart: Tradingview FET price intraday on the 4H chart

With a market cap of $3.149 Billion, the FET price shows a decline of 28% over the last 9 days. However, the intraday growth of 9.40%, completing a morning star pattern with a bullish engulfing candle, presents a promising scenario.

With an upside target of $1.55 next week at the 38.20% Fibonacci level, the AI altcoin presents a compelling choice for next week's trades.

The Altcoin Jupiter (JUP) Eyes Wedge Breakout

Chart: Tradingview JUP price intraday on the 4H chart

Revealing a falling wedge pattern on the daily chart, the JUP price action showcases a downtrend. In the recent market crash, the altcoin dropped to the $0.73 mark of the 78.60% Fibonacci level.

However, the drop to $0.73 teases a bull cycle with a double bottom and a morning star at the support.

Currently, the altcoin trades at $0.76 with an intraday gain of 3.83%, forming a bullish engulfing candle. As the broader market recovery gains momentum, the JUP price teases a breakout rally to reclaim the $1 psychological mark.

As per the Fibonacci levels, the breakout rally could reach the $1.25 mark.

LayerZero (ZRO) Outgrows The Market Crash

Chart: Tradingview ZRO price intraday on the 4H chart

With a massive recovery observed on the 4H chart, the ZRO token price seems completely unaffected by the broader market crash. In a 4H timeframe, the altcoin undertook a V-shaped recovery rally from the $2.75 mark, showcasing an increase of 32%.

Currently, the ZRO price trades at $4.337 and challenges the 1.618 Fibonacci level. As the bull run gains momentum, the altcoin price could witness a breakout run shortly.

As per the Fibonacci levels, the breakout rally could reach the $5.657 mark next week.

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