Despite Bitcoin’s Fluctuations, These 5 Altcoins Show Bullish Signals: A Deep Dive into BTC, ETH, XRP, LTC, and BCH

  • Despite Bitcoin’s (BTC) bearish trend, several altcoins are showing bullish signals.
  • These altcoins have managed to defy the market trend and record gains over the past 24 hours.
  • Immutable (IMX), Core (CORE), Hedera (HBAR), Jupiter (JUP), and Helium (HNT) are among the top performers.

Explore the altcoins that are bucking Bitcoin’s bearish trend and showing bullish signals, including Immutable (IMX), Core (CORE), Hedera (HBAR), Jupiter (JUP), and Helium (HNT).

1- Immutable (IMX) 5.30%

After a long hiatus, IMX has made a comeback, topping the list with a 5.30% increase. The altcoin, which has been pleasing its investors with recent developments, managed to catch an upward momentum. The coin’s divergence from BTC also did not go unnoticed.

2- Core (CORE) 3.95%

CORE, which occasionally makes headlines with its gains, rose by 3.95% in the last 24 hours, eyeing the top spot. The popular altcoin, which increased despite BTC’s poor performance, took the second spot on the list. Expectations from CORE may increase if BTC recovers.

3- Hedera (HBAR) 3.05%

HBAR, seen as one of the potential projects of 2024, rose by 3.05% in the last 24 hours. Despite BTC’s volatility, HBAR, which moved upwards, took the third spot on the list.

4- Jupiter (JUP) 2.50%

JUP, the largest DEX of the Solana ecosystem, recorded a 2.50% increase in the last 24 hours. JUP, which is quite popular these days, took the fourth spot on the list, riding on the Solana wave. The future price movements of JUP are eagerly awaited.

5- Helium (HNT) 2.35%

HNT, well-known among miners, rose by 2.35% in the last 24 hours, taking the fifth spot on the list. Despite BTC’s poor performance, HNT managed to stay afloat, pleasing its miners. However, if BTC’s decline continues, things could reverse.

Conclusion

Despite Bitcoin’s bearish trend, several altcoins have shown resilience and even bullish signals. Immutable (IMX), Core (CORE), Hedera (HBAR), Jupiter (JUP), and Helium (HNT) have all recorded gains in the last 24 hours. However, the future of these altcoins will largely depend on Bitcoin’s performance. Investors should conduct their own research before making any investment decisions.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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