CandleFocus

Biggest Altcoin Gainers of the Fourth Week of October 2024

The crypto market has seen small caps and meme coins rise to the top, with Goatsues Maximus (GOAT) leading the pack with a 210% increase over the past week. GOAT has reached an all-time high of $0.902 and is currently consolidating above the $0.640 support level. If it maintains momentum, it has the potential to form new all-time highs. However, if investors start selling, GOAT could experience a correction and drop to $0.466.

SAFE has also seen a significant 58% increase and is currently holding above the $1.30 support level. If it can breach and hold $1.64 as a support floor, it could rise further to $1.87 and beyond. But if it loses the $1.30 support, it could drop to $1.10 and risk losing recent gains.

RAY has experienced a 40% increase and is now trading at $3.01. It is testing the critical resistance at $3.33, and a successful flip of this resistance into support could drive further gains. However, if selling pressure increases, RAY could retrace to the $2.71 support level and potentially drop further to $2.45, invalidating the current bullish outlook.

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