Welcome to this week’s analysis on which altcoins are performing well and which ones are not. You can view the list here:
Bitcoin Update
The moment we have all been waiting for is finally here. Bitcoin broke above this consolidation range and quickly went to $120,000. This is very bullish for crypto as a whole and we should be seeing more altcoins reaching their all-time highs soon. Bitcoin could range a bit here or go higher to around $140-$150k. I don’t see another major pullback for some time. If you made it this far, enjoy the ride! It is just getting started.
We also have Global M2 continuing to rise so this is another reason why I am not seeing much of a pullback anytime soon.
Solana Update
With Bitcoin making hew highs, Solana is about to flip MA200 and it should start flying soon to its all-time highs.
Solana vs. Bitcoin still forming a potential double bottom and going higher.
Dogecoin Update
Dogecoin is trying to overcome this resistance at 0.20 and 0.22. Once the weekly closes above 0.25, we should really start see Dogecoin fly again.
Sui Update
Sui has already broken above its bull flag and is already testing this 3.95 area. Once it gets above this level, we should be see new all-time highs faster than we think.
Large Caps
For large caps, here’s the ones that stand out on a long term timeframe:
- XRP
- Sui
- Hyperliquid
Pepe also broke above its bull flag and currently testing this 0.000013 level and set to go higher.
Model Portfolio Update
The open positions is showing a positive return of roughly 28%:
The overall portfolio performance considering closed positions is roughly a 11% positive return:
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