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#Potential Altcoins to Watch# These 3 Altcoins Are On The Rise: Are New Highs Coming?
As the trading volume of crypto altcoins increases, investor interest is also increasing. With the recovery of the general market, some altcoins have come to the fore. Among those that attract the most attention today are Neiro (NEIRO), RedStone (RED) and Sui (SUI). So, will these coins continue to rise?
NEIRO (NEIRO): On the Rise! Is a New Peak Coming?
NEIRO has shown resilience by increasing by 6% in the last 24 minutes. The RSI value on the four-hour chart was at 50, and it was seen that the buying pressure was stronger than the selling pressure.
If buyer interest continues, NEIRO price could rise to $0.00031. However, if bears take control, the price could fall to $0.000018. Therefore, investors should watch the market movements carefully.
RedStone (RED): experienced a huge price increase after its listing. Currently trading at $0.58, the token is up 18% in the last 24 hours.
The Accumulation/Distribution indicator, which shows increasing buying pressure, confirms the interest in RED. If this momentum continues, the price could reach $0.64 and climb to $0.71 if it forms a strong support level. However, if the market corrects, the price could drop below $0.55 again.
Is Sui (SUI) Heading to $3?
SUI has reached $2,302, up 1% in the last 24 hours. With the general rise in the market, the Chaikin Money Flow indicator is at 0.06. This shows that buying pressure is still strong.
If demand increases further, the SUI price could rise to $3. However, if selling pressure increases again, the price could fall to $2.10 and lose its gains. Investors should follow price movements closely!
Will the Altcoin Market Continue to Be Active?
As investor interest in the crypto market increases, altcoins such as NEIRO, RED, and SUI have entered an uptrend. However, the general direction of the market will be decisive for this momentum to continue. If buying pressure strengthens, these altcoins could see new highs. However, sudden selling waves could pull prices back quickly. All eyes are now on the upcoming market movements!