"Altcoins with High Breakout Potential?…Focus on Solana, Pudgy Penguins, Toncoin"

Source
Minseung Kang

Summary

  • Analyst Ali Martinez stated that if Solana breaks through the ascending triangle pattern, the target price could be $180.
  • He mentioned that Pudgy Penguins has room to rise to $0.020 if it follows its past trend.
  • According to the analysis, Toncoin could experience a price fluctuation of up to 50% depending on the directional breakout.

Solana (SOL), Pudgy Penguins (PENGU), and Toncoin (TON) are being analyzed as altcoins with high technical breakout potential.

According to cryptocurrency media outlet CoinDo on the 22nd, crypto analyst Ali Martinez stated, "Solana is breaking through the top of the ascending triangle pattern. If this structure holds, the target price could be $180." He added, "If Pudgy Penguins follows its past trend, there is room to rise to the upper resistance line of $0.020."

The analyst also mentioned, "In the case of Toncoin, a directional breakout could lead to a price fluctuation of up to 50%."

Martinez concluded, "These assets are all at technical turning points, and their breakout potential is noteworthy alongside improving market sentiment."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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