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10 times can! Get it from these 3 Altcoin projects in the fix

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The ongoing correction phase in the cryptocurrency market began in November 2021 after several major cryptocurrencies witnessed all-time highs. However, this decrease reduced even the strongest projects by 70-80 percent. According to some, it has brought a huge discount for interested merchants. Analyst Brian Bollinger analyzes some of these altcoin projects, whose post-correction rally can offer extraordinary returns. Here are the details…

Leading altcoin Ethereum tops the list

On November 16, 2021, the second largest cryptocurrency Ethereum (ETH) hit an all-time high of $ 4,891. However, the continued pullback has surpassed some key support levels. It lost 81.6%, hitting the current multi-year low of $ 896.11. Coin managed to close the weekly candles above $ 1,000. This kept the psychological level. Also, the low priced rejection candles at the aligned level are $ 1000. The analyst expects a high demand zone, supporting the Fibonacci retracement level at 0.786.

According to the analyst, this level of support has the potential to create a minimum. It is able to support the price of ETH to restart a recovery. The $ 2000 deduction should provide additional confirmation for recovery. Furthermore, the potential rally of the ATH $ 4,891 or could increase in a strongly bullish scenario. Analyst says trend-based Fib extension is showing $ 5,665.

What are the prospects for FTT?

The nine-month downtrend pushed the FTT / USDT pair back 75%. The coin dropped to $ 21.5. This support level previously halted the May 2021 decline. It supported the July-August bullish rally. Last week, the altcoin barely reached this support level. Then he came back. Furthermore, the Fibonacci retracement level at 0.786 in the same position increases the weight of this demand zone. A possible reversal from this support should breach the key supply zone for further confirmation, according to the analyst.

If buyers regain control of the trend, the altcoin will rise to ATH of $ 85 and $ 102 with sufficient bullish momentum.

What do the charts show for the MANA price?

It showed a steady drop of $ 5.9 since the November 2021 ATH. This drop sent the metaverse coin down 89.75%. It reached the $ 0.731 threshold, the same support level that supported the bullish rally in October 2021. The largest cryptocurrency – Bitcoin is breaking above $ 20,000, while the MANA chart reflects the formation of morning candlestick patterns near the zone. $ 0.8 support.

It should retrace $ 1.7 to get better confirmation of a bullish rally. If the buying pressure continues, the price of the coin has a chance to revisit ATH. According to the analyst, this indicates a growth potential of 588 percent.

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