Renowned analyst predicts bullish rallies for APE, RUNE, and COTI

Prominent crypto analyst Captain Faibik has predicted significant moves for Bitcoin and various altcoins, including Apecoin (APE), THORChain (RUNE), and Coti (COTI).

Faibik highlighted that Bitcoin created an ascending triangle setup on the twelve-hour chart and a climbing wedge on the four-hour timeframe. That has yielded optimism, and overcoming the hurdle at $38K would confirm bullishness for the leading cryptocurrency.

That might see BTC jumping to $41K. Bitcoin’s upswings will support notable surges in the altcoin market. Nevertheless, failure to surpass the mentioned resistance might trigger plunges to $34K. The top digital coin gained over 2.72% in the past 24 hours to trade at $37,440.

APE’s +200 rally

 He stated that Apecoin remains in sideways actions, and bulls should conquer a massive trendline for a breakout confirmation.

Such a development might catalyze a more than 200% surge for the meme coin.

Bulls dominate RUNE

THORChain has recorded bullish rallies lately, capitalizing on the latest broad-based surges. RUNE magnified its bullishness as it confirmed a descending channel breakout on 6 November.

Faibik believes bulls have dominated that altcoin, and enthusiasts can expect continued upsides.

COTI poised for impressive rallies

Also, COTI prices remained elevated this month. The token confirmed a declining wedge breakout on 9 November.

Meantime, it is retesting the wedge on the seven-day chart. Success here could trigger a +250 bullish run for the COTI.

Captain Faibik advised crypto enthusiasts to adopt a wait-and-watch approach, and take action upon trend confirmations.