Top Gaming Altcoins that Demand Immediate Attention
Kyle Doops from Crypto Banter recently joined forces with gaming expert Hustle, expressing optimistic views on the gaming sector. Despite acknowledging current attention towards meme coins, Doops highlighted the robust foundation and user base inherent in gaming. He emphasized the potential for significant returns in gaming projects once retail interest rebounds. Regarding the altcoin market, Doops observed a clear pattern of lower lows and lower highs, suggesting a downtrend. He recommended monitoring specific altcoins:
**Beam**
Currently positioned at a strong support level, encouraging focus on horizontal levels for reliability. This level has held for 137 days, indicating a likely rebound.
**Ronin**
Noted major support at $1.44, with intermediate support at $1.88 and $1.68. Despite recent declines, a bounce is anticipated at these levels.
**Immutable X**
Expected to bounce from $1.29, with potential further downside if this support fails. Significant support noted at $1.29, offering scaling opportunities within the $1.12 to $1.29 range.
**Prime**
Potential for a bounce at current levels, although a drop to $6.71 is possible. Consider buying at this lower support level.
**Wilder World**
Partnered with Nvidia and Celestia, listed on the Epic Game Store. Anticipate a potential bounce and consolidation phase, with potential for higher trading ranges above $0.52.
**Sidus**
Expecting range-bound behavior conducive to reaccumulation. Historical trends suggest a likely rally aligned with broader market movements in the third quarter.
**Meme Coins**
Coins like Brett exhibit bullish signals with an ascending triangle pattern. Consider entry around $0.15, targeting gains at $0.24 and $0.29 upon breakout. Foxy approaches resistance near 1 cent; look for a breakout above $0.0168 for potential gains. Pepe demonstrates strong support post-testing previous highs, while Wif shows potential for gains across mid to high ranges upon breakout.
Additionally, Doops addressed the recent surge in high-profile Twitter account hacks related to cryptocurrency scams, underscoring ongoing volatility and risks in the altcoin and cryptocurrency markets.