The crypto market is looking green for the coming few days as the US Government Shutdown is expected to continue. This could continue driving Bitcoin and altcoins’ prices up, which in turn could draw fresh capital from new investors.
BeInCrypto has analysed three such altcoins that show potential to make gains in the coming few days.
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SPX6900 (SPX)
SPX is trading at $1.62, maintaining its position above the crucial $1.58 support level. The altcoin has surged nearly 62% over the past week, hitting a two-month high. This sharp rally reflects renewed investor interest.
Currently, SPX is about 41% away from retesting its all-time high of $2.29, achieved in late July. Technical indicators, particularly the exponential moving averages (EMAs), highlight sustained bullish momentum. If this strength continues, SPX could break through the $1.74 resistance level and potentially climb toward $2.00 in the coming sessions.
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However, market sentiment remains crucial to sustaining this rally. Should investors begin taking profits, SPX could fall below the $1.58 support. A deeper correction might push the price down to $1.39 or lower, undermining bullish momentum and signaling a temporary reversal in the altcoin’s upward trend.
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Optimism (OP)
Optimism is preparing for a major token unlock this week, with 4.47 million OP
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Author: Aaryamann Shrivastava
