Crypto investors closely follow analyst Captain Faibik who has identified three altcoins ready for a strong breakout. The altcoins evaluated by the analyst to be signaling a boom are BNB (BNB), Fetch.ai (FET), and Floki (FLOKI).
BNB (BNB)
Captain Faibik is closely monitoring BNB as technical indicators point to a potential rally. According to the analyst, a bullish flag formation has appeared on BNB’s daily price chart, indicating a strong uptrend for the altcoin.
The analyst emphasizes that the bullish flag formation on BNB’s price chart suggests the altcoin could potentially double its price in a strong rally. The target level set by the analyst for BNB is around $900.
With current data, BNB has risen 4.10% in the last 24 hours, trading at $584.4.
Fetch.ai (FET)
Similarly to BNB, Captain Faibik has detected a bullish flag formation on the chart of Fetch.ai (FET) and reported it as signaling a potential strong rally.
While observing the formation on a 12-hour time frame, the formation presents a convincing case for investors looking for profitable opportunities in the crypto market. With the bullish flag formation indicating a strong rally, FET could rise to $5.6.
At the time this article was prepared, FET has risen 7.82% in the last 24 hours, trading at $2.16.
Floki (FLOKI)
The last altcoin on Captain Faibik’s radar is Floki (FLOKI). The analyst expects a strong rally in FLOKI. According to Captain Faibik, a rising flag formation has formed on FLOKI’s daily time frame price chart, and the breakout of the formation has also occurred.
The analyst predicts that the altcoin could rise to $0.00052 due to the formation’s influence. While sharing this bullish expectation, Captain Faibik humorously added “send it to Mars,” emphasizing the magnitude of the anticipated rise.
With current data, FLOKI has seen a notable increase of 17.51% in the last 24 hours, trading at $0.0001921.
