The crypto market is in turmoil, leaving investors searching for stability. Amid this chaos, certain altcoins appear poised to rebound and show promise. This article delves into the most promising altcoins, highlighting those with potential for growth even in tough times. Discover which coins could lead the next wave of market recovery. Zcash Shines Despite Short-Term Dips, Long-Term Growth on Horizon Source: tradingview Zcash (ZEC) is showing mixed signals. It trades between around $252 and close to $383. The coin recently dipped, losing over 9% in the past week and nearly 39% this month. However, when you look back six months ago, ZEC has skyrocketed, gaining around 741%. The current moving averages suggest a price hovering near $298 to $321. While there is possible resistance at just under $460, a push past $589 could spark more growth. Support levels set at around $198 and $67 provide a safety net. If ZEC can bounce back towards the upper resistance levels, the potential gain could be significant, climbing by over 75%. HYPE Cryptocurrency: Eyeing Big Gains After Recent Surge Source: tradingview Hyperliquid (HYPE) shows a promising rise. Trading between $23.35 and $36.34, it's gaining momentum. With a recent week-long surge of almost 40%, HYPE is on investors' radar. Its short-term average price sits just above $30, suggesting stability. HYPE could face resistance at just over $42, but if it breaks through, it might aim at around $55, marking a significant potential increase. Despite a mid-year slump of nearly 20%, this coin has rebounded well in the last month, rising over 25%. Investors are optimistic as its strength indicators suggest room for upside, making HYPE a coin to watch in the near future. Tezos (XTZ) Eyes Resistance as Price Remains Under Pressure Source: tradingview Tezos is floating between forty to fifty-five cents, with its closest challenge at sixty-four cents. Recent moves show a downward trend. It has dropped over twelve percent in a month and almost forty percent over six months. The crypto is below key moving averages, signaling caution. However, if Tezos manages to push past the sixty-four cent mark, it may aim for seventy-nine cents next. That would mean a potential thirty-five percent increase from its current peak levels. Still, the Relative Strength Index near forty-four suggests the market might not be overly aggressive just yet. As Tezos remains under its ten-day and one-hundred-day averages, eyes are on its ability to break resistance. Conclusion The focus shifts to resilience and potential growth. ZEC shows strong privacy features. HYPE attracts with unique community rewards. XTZ stands out with its self-amending blockchain. These altcoins present opportunities for those seeking stability and innovation in the market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
