LTC, POL, CFX bullish patterns emerge! Rebound signals heat up in the crypto market.

As the cryptocurrency market enters a narrow consolidation phase, some altcoins such as Litecoin (LTC), POL (formerly MATIC), and Conflux (CFX) have shown clear bullish technical patterns ahead of others. These assets are brewing breakthroughs near key resistance levels, attracting the attention of traders. Will this strong momentum lead to a new round of rebounds, or will it gradually fade amid market hesitation? This article will delve into the latest trends and potential opportunities of three major hot tokens.

Litecoin (LTC) is poised for a Rebound with the golden cross assisting

(Source: Trading View)

Since July, the price of Litecoin has risen by over 60%, successfully breaking through $120 and consolidating at high levels. As selling pressure decreases, LTC is expected to continue its upward momentum this week, with $140 becoming a key resistance level. Technically, a "golden cross" has appeared between the 50-day and 200-day moving averages, and historically, every time this signal occurs, LTC has been able to maintain a strong bullish trend. If it can break through the resistance of the ascending channel, LTC may even have the opportunity to challenge the annual high of $160.

POL (MATIC) structure strengthens, MACD bullish signal emerges

(Source: Trading View)

The price of POL (formerly MATIC) has recently entered the final stages of consolidation, forming a clear bullish structure. Although a definitive breakout has not yet occurred, the increase in trading volume suggests that volatility is about to intensify. The 50-day and 200-day moving averages have become key support and resistance levels, respectively, and the MACD indicator is also about to turn bullish. The market generally expects POL to break through the target range of $0.28 and $0.33. If bullish momentum continues to strengthen, POL is likely to drive an overall improvement in market sentiment.

Conflux (CFX) challenges years of resistance, $0.3 target in sight

(Source: Trading View)

Conflux (CFX) surged over 100% in a single day in July, with bulls quickly pushing the price above $0.2. CFX is currently struggling to break through a multi-year downward parallel channel and has maintained near the resistance level for several weeks, indicating that breakout pressure is accumulating. Technically, CFX has entered the resistance testing phase above the Gaussian channel, and once it successfully breaks through, the channel is expected to turn fully bullish, driving the price towards $0.3.

Conclusion

Although the overall cryptocurrency market is still consolidating, LTC, POL, and CFX have taken the lead in releasing bullish signals, attracting the attention of funds and traders. The breakout of technical patterns and the accumulation of bullish momentum provide a strong foundation for a new round of Rebound. Investors should closely monitor the changes in key resistance levels to seize potential opportunities for market activation, while being cautious of the volatility risks that market hesitation may bring.