The next crypto bull run could be about to start as Bitcoin price nears its bullish breakout. Other catalysts that will stimulate the bull run are the Big Beautiful Bill, potential Bitcoin price breakout, and the upcoming Federal Reserve interest rate cuts.
Altcoins to buy ahead of the crypto bull run
Some of the best altcoins to buy ahead of the upcoming crypto bull run are tokens like Polkadot (DOT), Quant (QNT), Solana (SOL), and Chainlink (LINK).
Polkadot price analysis
Polkadot is another top crypto to buy today because of the potential gains in the coming weeks. The primary catalyst for the DOT token is its strong technicals, which point to more gains in the near term.
The DOT price bottomed at $3.28 this month, continuing its downtrend that began in December when it peaked at $ 11.70. It formed a double-bottom pattern with a neckline at $5.40, which coincided with the 23.6% Fibonacci Retracement level.
A double-bottom pattern is one of the most bullish signs in technical analysis. Therefore, it will likely rebound and retest the neckline at $5.39, up by 56% from the current level. A move above the neckline will point to more gains, potentially to the 50% retracement point at $7.3, up by 110% from the current level.
Quant price forecast
Quant is another top crypto to buy for substantial gains. QNT has already jumped by 85% from the lowest level this year, making it one of the top tokens in the industry.
Quant has jumped because of its partners, who include blue-chip companies like Oracle and Hitachi, and organizations like the European Central Bank (ECB).
It has jumped above the 50-day and 100-day moving averages, and is nearing the 50% Fibonacci Retracement level.
Therefore, the token will likely continue rising as bulls target the key resistance level at $125.30, its highest point on June 10. A break above that level will point to more gains, potentially to the psychological point at $150.
Read more: Quant price tops $100 as trading volume surges 280%
Solana price analysis
Solana is another popular crypto to buy for big gains in the coming months. It has strong technicals and fundamentals that could push it much higher.
Technically, Solana has formed a bullish flag pattern, which is made up of a vertical line and a descending channel. It has already moved above the upper side of the channel, confirming a breakout.
Solana price has also formed an inverse head-and-shoulders pattern, and is now attempting to move above the 50-day and 100-day moving averages.
A breakout will push the token to the next key resistance level at $186.7, up by 25% above the current level. A move above that level will boost the hopes of it rising to $200.
Fundamentally, Solana is the second-biggest chain in the crypto industry after Ethereum. It is also a notable player in the meme coin and stablecoin industries.
Chainlink
Like Solana, Chainlink has strong fundamentals and technicals. It is the largest oracle network in the crypto industry, surpassing its top competitors, such as Chronicle and Band Protocol. It is also a major player in industries like Real-World Asset (RWA) tokenization through its cross-chain interoperability protocol (CCIP).
Chainlink also has major partnerships with companies like JPMorgan, UBS, and Swift. These companies are all building tokenized solutions using its technology.
The token has also formed a bullish flag and an inverse head-and-shoulders pattern, pointing to an eventual rebound, potentially to the key resistance at $18, up by 35% from the current level.
Read more: Chainlink price prediction: here’s why LINK may surge to $50 soon
The post Top 4 altcoins to buy today ahead of the crypto bull run appeared first on Invezz
