A well-regarded figure in crypto analysis, Captain Faibik, provided valuable insights into the market following a roughly 70% increase in ALICE after breaking out from a rounded rectangular formation. Captain Faibik named three altcoins he expects to rise in the near term. In a post on X, he analyzed the cryptocurrencies MATIC, APE, and FLUX.
The analyst had previously indicated his expectation for ALICE to rise, which materialized as a 70% increase. Now focusing on the MATIC cryptocurrency, the analyst identified a falling wedge formation on the 4-hour chart. According to the analysis, if this formation is confirmed with a breakout, it signals a short-term potential for a 20% increase.
At the time of writing, the MATIC price is trading at $0.73, reflecting a 2% decrease. MATIC’s market capitalization is $6.8 billion.
In the altcoin world, APE (Apecoin) has caught Captain Faibik’s attention. It appears to be at a low point and ready for a significant rise. Faibik’s bullish outlook suggests that APE is ready to ascend and offers a promising opportunity for those looking to benefit from potential gains.
At the time of writing, the APE price is trading at $1.57, with a decrease of about 4%. APE’s market capitalization is at the level of $580 million.
Finally, Captain Faibik is shining a light on the FLUX cryptocurrency after a long consolidation period and a confirmed falling wedge. This confirmation opens the doors for potential opportunities, as FLUX may be gearing up for a significant move. Investors are advised to be vigilant to capitalize on potential gains as market dynamics evolve.
At the time of writing, the FLUX price is trading at $0.55, showing a 4% increase. FLUX’s market capitalization is approximately $189 million. In conclusion, Captain Faibik’s views provide a valuable guide for crypto enthusiasts navigating the volatile market. As ALICE continues its impressive rise and opportunities emerge in MATIC, APE, and FLUX, the importance of making informed and agile decisions to maximize profits in the constantly changing crypto landscape continues.