The strong recovery in the cryptocurrency market has caused many altcoins to break significant resistance levels. Especially the largest cryptocurrency Bitcoin (BTC) managed to rise above the $64,000 level, signaling an increasing bullish effect on the market. This situation has increased interest in mid and low market cap altcoins, with many altcoins recording 2 to 3 times growth in the last two weeks. We will discuss three altcoins with up to 100% growth potential in the coming weeks and market sentiment.
Arcblock (ABT)
Arcblock has attracted all attention with approximately 25% rises in the last 24 hours, reaching a trading volume of $3.81 million. ABT, which gained 48% in value last week, has risen over 810% since the beginning of the year. With a market cap of $196.52 million, Arcblock ranks 235th and shows a strong upward trend with the Relative Strength Index (RSI) on the 1-day timeframe.
ABT is expected to continue gaining value this week. If it stays above the $2 support level, the price is likely to move towards the $2.952 resistance. However, a possible downtrend could pull the price to $1.345.
Solama (SOLAMA)
Solama, part of the Solana ecosystem, offers an innovative experience in the meme world inspired by Shiba Inu and the Ethereum network. SOLAMA has risen by 6.18% in the last day and 53.76% in the past week, increasing by 3,215% since its launch.
With a circulating supply of 653.86 million and a market cap of $8.79 million, SOLAMA ranks 1,056th.
Popcat (SOL) POPCAT
POPCAT has risen by 82.86% in the last week, providing long-term investors with an annual gain of 9,060%. With a market cap of $727.87 million, the altcoin ranks 89th and indicates increasing buying pressure in the market with the MACD indicator.
If the bullish sentiment in the market continues, POPCAT’s price could rise to $0.99730. However, a possible bear market movement could pull the price down to $0.38805.
