Currently, several positive factors and grounds for very tumultuous weekends have emerged for crypto.
The new tag assignment for Binance monitoring did not happen, which was immediately reacted to by PIVX, which I recommended for work. I think the holidays in China had an influence. In the new rules for tag assignment, Binance obviously means the first working week of the month. Apparently, tag assignment can be expected from Tuesday with the start of the working week in China.
This week, almost all important statistics from the USA have come out negative, adding to last week. The picture for oil is also unfavorable for purchases.
The combination of these factors creates grounds for an annual cryptocurrency reversal attempt with higher highs on the tops. It is too early to talk about consolidating such a scenario before the second half of the month, but the signal for a possible trend for Bitcoin at 210k and Ethereum at 5000k+ creates a foundation for an altcoin bull run.
Given this picture, very tumultuous weekends are likely ahead, followed by a correction on tag assignment and a new wave of growth in the second half of the upcoming week.
This weekend, first and foremost, a bull run can be expected for fan tokens, which remain the most oversold instruments after another delisting, making them extremely attractive for speculators. I am primarily considering ATM City, ACM, and ASR. The potential breakouts for them can be up to 3-5X depending on volatility.
Among altcoins, BIFI, FIO, and CHESS retain good breakout potential similar to PIVX. A repeated impulse for PIVX can be considered in the case of the start of a bull run. For these coins, growth impulses of up to 50-70% are likely. Also, KOMA on Binance Alpha is in an interesting position and may show growth up to 0.050-75.
$ATM
