{"id":184704,"date":"2023-11-01T00:51:31","date_gmt":"2023-10-31T19:21:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=184704"},"modified":"2023-11-01T00:51:31","modified_gmt":"2023-10-31T19:21:31","slug":"expert-insights-7-altcoins-showing-promising-breakout-potential-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/expert-insights-7-altcoins-showing-promising-breakout-potential-crypto-news\/","title":{"rendered":"Expert Insights: 7 Altcoins Showing Promising Breakout Potential &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">In a recent X (formerly Twitter) <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/milesdeutscher\/status\/1719061426206072865?s=20\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\">, renowned crypto expert Miles Deutscher provided valuable insights into his weekly tokens and narrative watchlist, focusing on critical altcoins and upcoming events with significant trading potential.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Altcoins Poised For Potential Breakout<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Deutscher\u2019s analysis sheds light on<\/span><span style=\"font-weight: 400\"> several altcoins<\/span><span style=\"font-weight: 400\">, including Solana (SOL), SingularityNET (AGIX), Fetch.ai (FET), Ocean Protocol (OCEAN), Arkham (ARKM), Dogecoin (DOGE), and XRP.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Deutscher emphasizes the importance of <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/sol-price-solana-momentum-reignites-38\/\"><span style=\"font-weight: 400\">Solana\u2019s Breakpoint<\/span><\/a><span style=\"font-weight: 400\"> 2023 conference and anticipates major announcements. While previous Breakpoints have resulted in \u201csell the news\u201d events, Deutscher remains cautiously short on SOL.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the other hand, Miles expects a positive response from the community after the recent FTX collapse. However, historical patterns suggest the possibility of a sell-off, which warrants vigilance.<\/span><\/p>\n<figure style=\"width: 1815px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">SOL\u2019s uptrend reaching new 2023 highs on the daily chart. Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/imgb0rW1\/\">SOLUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Nonetheless, SOL has broken previous weekly records every week for the past month. Currently, SOL is trading at $36.27, a new record for 2023 and a level not seen since November 5, 2022. Moreover, SOL has seen significant gains of 4.4% over the past 24 hours, following its remarkable 57% rise over the past 30 days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The resurgence of the <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/news\/artificial-intelligence-crypto-boom-whats-behind-the-double-digit-surge\/\"><span style=\"font-weight: 400\">artificial intelligence<\/span><\/a><span style=\"font-weight: 400\"> (AI) narrative has sparked anticipation for a series of AI conferences, including OpenAI\u2019s developer conference on November 6. Deutscher advises focusing on established leaders such as AGIX, FET, and OCEAN.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">These tokens have demonstrated strength during previous AI market surges. Deutscher suggests avoiding speculation on low-cap coins and opting for long positions on these altcoin AI leaders.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Over the past 30 days, AGIX has seen a remarkable 19% increase in price. However, over the past 1 year, the token has seen a staggering 350% rise amidst the AI narrative hype. It is currently trading at $0.2284. <\/span><span style=\"font-weight: 400\">On the same note, FET has surged over 329% over the 1 year and is currently trading at $0.3665.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">OCEAN has posted smaller gains over the 1 year, but has still recorded a significant 110% surge over this period and is currently trading at $0.3645.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Deutscher, although <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/altcoin\/bnb-whale-moves-35-million-to-binance\/\"><span style=\"font-weight: 400\">ARKM <\/span><\/a><span style=\"font-weight: 400\">has received less attention than other altcoins, it is promising due to its involvement in AI-related businesses and its investment by Sam Altman.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Deutscher highlights ARKM\u2019s potential in the AI space, especially during the Solana conferences. This makes ARKM one of the altcoins to watch closely for potential trading opportunities, according to Deutscher.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, the crypto analytics and data tracking platform\u2019s native token is trading at $0.3833, up 20% in the last fourteen days.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">XRP Speculation Intensifies Ahead Of Ripple\u2019s \u2018Swell Conference\u2019<\/span><\/h2>\n<p><span style=\"font-weight: 400\">While <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/news\/dogecoin-20-gains-on-the-horizon\/\"><span style=\"font-weight: 400\">DOGE <\/span><\/a><span style=\"font-weight: 400\">has seen a decline in price action and hype, Deutscher highlights two key factors that could influence its performance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">First, DOGE Day, has historically attracted retail interest. Second, the potential for a Halloween tweet from Elon Musk, as was the case last year. Deutscher suggests that DOGE is best suited for spot trading and dollar cost averaging (DCA), as it remains an attractive option for retail investors and has the potential for a strong pump in the future.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, the Meme coin has lost its bullish momentum and has erased most of its gains over the past few days. Currently, the token is trading at $0.0686, down 1.9% in the past 24 hours and 42% in the 1-year time frame.\u00a0<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400\">Last but not least is XRP:<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">With Ripple\u2019s \u201cSwell Conference\u201d scheduled for November 8-9, Deutscher acknowledges the heavy speculation surrounding a potential initial public offering (IPO), although he believes it is unlikely.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, given the speculative nature of the crypto market, such speculation can fuel FOMO (fear of missing out) )-driven rallies. <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-about-to-see-face-ripping-rally-legendary-trader-weights-in\/\"><span style=\"font-weight: 400\">XRP <\/span><\/a><span style=\"font-weight: 400\">has experienced pre-conference spikes, making it a token to watch this week and next.<\/span><\/p>\n<figure style=\"width: 1815px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/GtUPVm0p\/\" alt=\"Altcoins\" width=\"1815\" height=\"858\" loading=\"lazy\" \/><figcaption class=\"wp-caption-text\">XRP is on the verge of reaching the $0.6000 level on the daily chart. Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/imgb0rW1\/\">XRPUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Currently, XRP is experiencing a sustained uptrend price action, gaining 2% in the past 24 hours, pushing the token to the 0.5949 level, which has not been seen since August.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a recent X (formerly Twitter) post, renowned crypto expert Miles Deutscher provided valuable insights into his weekly tokens and narrative watchlist, focusing on critical altcoins and upcoming events with significant trading potential.\u00a0 Altcoins Poised For Potential Breakout Deutscher\u2019s analysis sheds light on several altcoins, including Solana (SOL), SingularityNET (AGIX), Fetch.ai (FET), Ocean Protocol (OCEAN), [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":184705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-184704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184704"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184704\/revisions"}],"predecessor-version":[{"id":184707,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184704\/revisions\/184707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/184705"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}