Altcoins have been exceeding expectations in 2023, after many analysts merely predicted short-lived bull runs at the start of this year. Despite these low expectations, certain altcoins have been catching investors’ attention, and could experience a breakout in the week to come.
Tezos / Tether US 1D (Source: TradingView)
One of these altcoins is Tezos (XTZ). After its recent partnership with Google Cloud, XTZ attracted a lot of attention. Many believe that the project has gained enough attention to target $1.75 in the coming week.
Although the price of XTZ is currently down by 1.70%, the RSI is still in a bullish region with a spike in buying pressure. This could push the crypto to the $1.75 region.
AGIX price (Source: CoinMarketCap)
AI token SingularityNET (AGIX) has also seen an increase in attention with the rising popularity of ChatGPT. At the moment, AGIX is trading hands at $0.4025 after a 5.47% drop in price over the last day.
The crypto’s 24 hour trading volume is also in the red by more than 66% to now stand at $98,084,601. If the price of AGIX can break above $0.45, the crypto could surge to $0.66 very soon.
LUNC / Tether US 1D Source: TradingView)
Another altcoin to keep an eye on in the week to come is Terra Luna Classic (LUNC). The altcoin is currently trading at $0.0001613 after a 2.10% drop in price over the last day. The crypto is also in the red by more than 5% over the last week.
A breakout above the 100-EMA (Exponential Moving Average) line and $0.0002 could lead the price of the crypto to rise above $0.00027 by next week.
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Source: Cryptocurrency - investing.com
