The crypto market gained immensely today as the US CPI remained steady in December. This led to Bitcoin climbing past $95,000 over the last 24 hours.
While BTC is changing hands around this price at the moment, the altcoins that benefited from it will likely post further gains.
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BeInCrypto has analysed three such altcoins that are exhibiting potential rallies ahead.
Pump.fun (PUMP)
PUMP price continues to track Bitcoin closely, showing a strong 0.96 correlation with the crypto market leader. As Bitcoin maintains its upward momentum, the altcoin stands to benefit from broader market strength. At the time of writing, PUMP is trading near $0.00281, reflecting improving short-term sentiment.
Technical structure adds to the bullish outlook. PUMP is breaking out of a cup-and-handle pattern on the 12-hour chart, which typically signals continuation. The setup projects a 57.7% upside toward $0.00417. A rising CMF above zero confirms active capital inflows. Reclaiming $0.00325 as support would validate the breakout.
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PUMP Price Analysis. Source: TradingViewDownside risk remains if momentum fades. Failure to secure $0.00325 as support would weaken the bullish setup and invite selling pressure. In that case, PUMP could slide toward $0.00212.
Losing that level would invalidate the cup-and-handle pattern and erase recent gains.
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Internet Computer (ICP)
ICP is trading near $3.85, forming a clearly defined inverse head-and-shoulders pattern. This bullish formation often signals trend reversals after prolonged weakness. Based on the current structure, the pattern projects a potential 29.75% upside, targeting the $4.48 level if buying pressure remains consistent.
Following its breakout over the past 24 hours, ICP is now focused on flipping $4.00 into a support zone. Securing this level would confirm the bullish breakout. Momentum indicators add confidence as the altcoin approaches a Golden Cross, historically associated with strengthening upward trends and sustained price appreciation.
ICP Price Analysis. Source: TradingViewRisk remains if ICP fails to hold key levels. A rejection near $4.00 could trigger a pullback below $3.75. Such a move would expose the $3.45 support. Losing that floor would invalidate the bullish pattern entirely, opening downside risk toward $3.10 amid renewed selling pressure.
Celestia (TIA)
TIA is forming a cup and handle pattern, a bullish structure signaling potential continuation following the Bitcoin price’s rise. The altcoin trades near $0.60 and is approaching a breakout zone. This setup projects a 38.2% upside move, placing the technical target around $0.82 if broader market conditions remain supportive.
Momentum indicators support this outlook. The Money Flow Index is rebounding from the neutral level, showing strengthening buying pressure. Sustained inflows could push TIA above $0.65 and $0.67. Flipping these levels into support would confirm the bullish breakout and reinforce near-term upside potential.
TIA Price Analysis. Source: TradingViewDownside risks remain if sentiment shifts. A reversal from buying to selling could drag TIA back to $0.53, a previously tested support. Failure to hold that level would invalidate the pattern, exposing the token to deeper losses and increasing the risk of a decline toward $0.48.
Source: https://beincrypto.com/3-altcoins-to-watch-as-bitcoin-price-crosses-95000/
