With the Ethereum price scaling above $4,000 and reaching a market cap of almost half a billion dollars, the altcoin is booming. Further, with the rising momentum of the overall market, with the BTC price crossing the $73,000 mark, the layer-2 token sector is on the rise.
However, a specific niche of tokens is expected to explode for massive gains, with the Dencun Upgrade coming today. The upgrade is ready to increase transaction outputs and reduce fees with the introduction of Blobs, so tokens of roll-up solution projects could shoot to the MOON.
So, with just hours left before the Dencun era begins, let’s examine some of the top tokens with high potential.
This Layer-2 Token Aims 40% Breakout Run
With a bullish bounce back from the 61.80% Fibonacci level, the ARB price is ready for another breakout run. Further, with the significant rise in demand with the Dencun hype, the ARB price is ready to skyrocket.
Source: Tradingview
Moreover, the ARB price action shows a rounding bottom breakout run with the recent jump. The layer-2 token shows an intraday jump of 10.40% and trades at $2.22.
As per the Fibonacci levels, the layer-2 token could skyrocket to the $3.190 mark at the 1.618 Fib level.
Will Optimism Lead The Layer-2 Bull Run?
Another roll-up solution gaining momentum amidst the increasing hype around Dencun is Optimism. With a more conservative move of 3.59% intraday jump, the OP price is well above the $4 mark.
Source: Tradingview
Following the recent jump above the $4 mark, the layer-2 token shows a wedge formation in the daily chart. Further, the recent intraday jump signals a successful bounceback as a retest.
Considering the bullish pressure continues to grow, the reversal rally could surpass the overhead supply line. In such a case, the uptrend could drive the OP price to the $5.75 mark.
Polygon’s Bull Run Ready To Ignite
With a bullish turnaround in the weekly chart, the MATIC price shows a sharp jump. The buyers have driven the uptrend for a 139% jump; the layer-2 token is heading for a massive rally.
Source: Tradingview
With the layer-2 token price trading at $1.22, the intraday growth of 3.59% teases the supply line breakout. Ready to conclude the lower high formation, the MATIC price is sustaining dominance above $1.
As per the Fibonacci levels, the MATIC price is ready to challenge the 38.20% Fib level breakout. Upon this break, the layer-2 token could scale to the $2.35 mark at the 78.60% Fib level.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed