Several altcoins like Immutable (IMX), Dogwifhat (WIF), Lido DAO (LDO), Dogecoin (DOGE), and Sui (SUI) are displaying promising technical patterns. The analysis comes as Bitcoin pushes past $106,400, suggesting potential breakout opportunities in the coming week. Here's an analysis of five cryptocurrencies showing notable market movements.
IMX is trading at $1.81 at press time, recording a 2.6% increase in the last 24 hours, with a market cap of $3.06 billion. The token's technical indicators suggest potential for a push toward $2.50, supported by a 39.7% monthly gain and healthy trading volume of $110 million. The token's strong performance over the past 30 days provides a solid foundation for further upward movement.
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