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Experienced cryptocurrency analyst Captain Faibik shared three altcoins he expects to make significant short-term gains: Aevo (AEVO), Dymension (DYM), and THORChain (RUNE). According to the analyst, these three altcoins are on the verge of significant price movements.
AEVO and DYM Positioned for High Gains
Closely followed cryptocurrency analyst Captain Faibik claimed that AEVO, DYM, and RUNE offer significant profit opportunities for investors as they show signs of potential breakouts from critical resistance levels.
While analysts expect a breakout in the short term, they emphasized that AEVO appears to have hit bottom. They pointed to $0.60, $0.94, and $1.40 as short-term fundamental targets for the altcoin, stating that a potential rise is inevitable if momentum is maintained. The current price action suggests that AEVO could position itself for a sustained uptrend, making it an altcoin to watch closely.
DYM is also showing promising signals as it battles the weakening descending trendline resistance. Captain Faibik believes this could be the moment for DYM to break free from its long-standing downtrend. The analyst estimates a medium-term gain potential of 350% for the altcoin, suggesting that investors should closely monitor DYM’s performance as a breakout could lead to significant gains.
RUNE Prepares for a Major Breakout
Another altcoin highlighted by Captain Faibik is RUNE, which stands out as a strong altcoin with a technical formation indicating an upward breakout from a falling wedge pattern. This formation is typically considered a bullish signal, making RUNE’s current structure appear extremely promising.
Investors should closely monitor the key resistance level at $4.10, as overcoming this level could pave the way for a significant upward movement in RUNE, offering high gain opportunities.
