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Home»TRADING NEWS»These 3 Cryptocurrencies Will Increase 30x by May
TRADING NEWS

These 3 Cryptocurrencies Will Increase 30x by May

By Crypto FlexsMarch 8, 20242 Mins Read
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These 3 Cryptocurrencies Will Increase 30x by May
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Due to the recent security incident, Arbitrum price immediately started to trend lower and is targeting the nearest support level of $1.70. A further plunge could push the price down to the second support level at $1.45. Nonetheless, neutral indicators of RSI and Stochastic Oscillator suggest balanced market sentiment. A retracement could occur soon as the 10-day SMA is hovering at $1.99.

In the long term, this incident can be viewed as an opportunity. This event will allow Arbitrum to strengthen its security and increase investor confidence. The MACD signal suggests a buy and the 100-day SMA is $1.68, indicating potential appreciation. If it overcomes the nearest resistance at $2.18, we can expect a rise to the second resistance level at $2.42.

Dogwifhat’s future is uncertain due to market fluctuations and Woofi incident

Recent events involving Woofi may have some ramifications for Dogwifhat’s future. The current exchange rate is $2.13, precariously close to the nearest support level of $1.70. Now, a change in market conditions could push the price lower, potentially reaching the second support level at $1.45. This is as all simple moving averages and MACD signal buy action, reflecting a potential positive trend ahead.

Rather, it is hopeful that this incident may be an opportunity rather than a setback for Dogwifhat. The price may move beyond the current position and break the nearest resistance level at $2.18 and target the second resistance level at $2.42. Maintaining its position within this range is a testament to Dogwifhat’s resilience and potential.

conclusion

While coins like Arbitrum and Dogwifhat are braving market turmoil and uncertainty, BlastUP, backed by the thriving Blast ecosystem, is becoming a beacon of hope and potential. Even though other coins may offer reasonable long-term potential, BlastUP’s concept and comprehensive toolset seem to promise the best return on investment. Therefore, it is considered to be the highest potential coin in the cryptocurrency space and offers a lucrative opportunity for prospective cryptocurrency investors.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

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