Summary
TLDR: February was bullish for the cryptocurrency market, with potential gains in lesser-known altcoins like ANKR, RAY, and MASK. ANKR broke out from a long-term resistance, RAY is breaking out and retesting, and MASK concluded lesser-known altcoins with a breakout. ANKR could rise by 30%, RAY by 200%, and MASK by 50% if bullish momentum continues.
Key Points
1. February was a bullish month for the cryptocurrency market, with potential for significant gains in altcoins ranked between 150 and 300 by market capitalization.
2. ANKR broke out from a 644-day descending resistance trend line, with the weekly Relative Strength Index (RSI) indicating a potential 30% increase to the $0.050 resistance area.
3. Raydium (RAY) is experiencing a breakout from a shorter-term descending resistance trend line, with a potential 200% increase to the next resistance at $3.70 if successful.