In a recent video, JB discusses potential trading opportunities for five altcoins: Vechain (VET), XRP, Quant (QNT), Apecoin (APE), and Glomerate (GLMR).
Vechain (VET)
VET has seen recent bullish news with its listing on Coinbase. Technical analysis suggests a potential move up from 1.619 to 1.864 to 1.893.
XRP
XRP is expected to see a retracement, with opportunities for short positions, targeting 48.301 to 47.826.
Quant (QNT)
QNT is currently in an impulsive structure, with a potential push up to 92.052 before a further drop to 89.710 to 89.003.
Apecoin (APE)
APE faces potential unlock and release of tokens, leading to a possible drop from 6.22 to 8.5.
Glomerate (GLMR)
GLMR is expected to experience a correction, with a possible drop from 16.05 to 15.74, offering a trading opportunity.
Conclusion
JB suggests that these five altcoins have the potential for profitable trading opportunities in the near future. However, it is important to note that all trading involves risk, and investors should always do their own research before making any investment decisions.
