3 Altcoins to Watch as Bitcoin Price Crosses $95,000
Summary
The cryptocurrency market experienced significant gains after the US CPI remained steady in December, pushing Bitcoin above $95,000. This upward momentum suggests potential further gains for specific altcoins. BeInCrypto analyzed three such assets exhibiting bullish technical setups.
Pump.fun (PUMP) is tracking Bitcoin closely and is breaking out of a cup-and-handle pattern, projecting a 57.7% upside toward $0.00417, provided it holds $0.00325 as support. Internet Computer (ICP) is forming an inverse head-and-shoulders pattern, targeting $4.48, and is approaching a Golden Cross, contingent on holding $4.00 as support. Celestia (TIA) is also forming a cup-and-handle pattern, projecting a 38.2% move toward $0.82 if it breaks above $0.65.
For all three, maintaining key support levels is crucial; failure to do so would invalidate the bullish patterns and expose them to downside risk.
(Source:BeInCrypto)