3 Altcoins to Watch in the First Week of February 2025
The cryptocurrency market has witnessed the biggest collapse of the year because Bitcoin has fallen to $ 91,200 in the past 24 hours. Nevertheless, due to the external development around the tokens, the upcoming week provides investors with opportunities.
Beincrypto analyzed three Altcoins in order to look forward to investors who want to turn tragedy into opportunities.
Portal (portal)
In the past 24 hours, the price of Portal (Portal) has decreased by 25 % in the past 24 hours. During the daily collapse, the new historical lowest point fell to $ 0.1064. This large decline has attracted the attention of traders to the tokens, but the factors that exceed price actions indicate the potential of recovery.
A key activity to watch this week is that portal is about to be there Sorana Blockchain. Considering the strong position of Sorana in decentralized finances (defi) Space, this integration can significantly increase the price of the portal, especially if Solana’s user base becomes active in the new token.
The potential of the Solana platform can help the portal recover from the recent losses and receive support of $ 0.1828. in the case of Altcoin can be fixed At this level, it may flatter the way for further upward momentum. However, with the upcoming development, further decrease is less likely to be lower than the current support.
Aptos (APT)
Aptos (APT) saw a sharp During the one -day fall, it fell by 35 % to a low of as low as $ 4.57. This marks the main support of the loss of $ 6.16, which is consistent with the 23.6 % Fibonacci retreat, which marks the potential of Altcoin’s further low price.
The current transaction price is $ 5.86, Easy Have the opportunity to recover the support level of $ 6.16. This will help Altcoin to restore the recent losses and aim at the goal of $ 7.66. The upcoming token unlocking involves 1131 million APT, worth $ 66 million, which increases a layer of potential volatility Price action.
In unlocked, no $ 6.16 was not recovered as support May push APT To $ 4.96, the prospects of watching the bullish are invalid.
BNB
BNB price decline In the past 24 hours, it has increased by 11 %, less than $ 619 of the key support level, with a range of $ 587 to $ 619. This major loss reflects the transformation of the price action of the tokens and arouses people’s concerns about its short -term performance.
Nevertheless, BNB still has the potential to rebound. If the tokens restore and try to exceed $ 587, it may resume the momentum of viewing and return to the level of $ 619. This will provide investors with a powerful entry point.
if BNB failed to recover At the level of support of $ 587, tokens may decrease further, which may reach $ 550 or lower. Continuous decline will invalidate the prospects of the bullish, thereby expanding the recent losses.
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