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Home»TRADING NEWS»Which altcoins have the potential to become millionaire makers in the current market uptrend?
TRADING NEWS

Which altcoins have the potential to become millionaire makers in the current market uptrend?

By Crypto FlexsApril 26, 20242 Mins Read
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Which altcoins have the potential to become millionaire makers in the current market uptrend?
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The recent surge in the cryptocurrency market has put certain altcoins in the spotlight as they show signs of potential significant growth. Investors and enthusiasts are keenly observing market trends with the goal of identifying coins that may soar in value. In this article, we take a closer look at cryptocurrencies, which can turn a modest investment into a significant fortune, and highlight the most promising options on the current upswing. Find out which of these coins could create the next cryptocurrency millionaire through careful analysis and expert insights.

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NEAR Protocol Price Analysis: Current Trends and Movements

NEAR Protocol has seen a significant uptick over the past week, up about 29%. Over the past month the price has fallen by around 4%, but if we look at the last 6 months we have seen an impressive rise of over 500%. NEAR is currently trading between $5.41 and $6.99, showing active activity. The price action is hinting at an impulsive trend as it attempts to break the current resistance level of $7.53.

Considering NEAR’s recent momentum, it may soon reach $7.53. However, a reversal in the trend could lead to a retest of support at $4.37. The 10-day moving average suggests a potential decline, while the 100-day average is consistent with the current price range and indicates stability. The RSI and stochastic points that NEAR is somewhat overbought could mean that some correction is imminent. NEAR’s journey towards second resistance at $9.11 may face obstacles, but gains over the past six months show potential for growth despite natural market declines.

Ondo Cryptocurrency Price Overview: Slow Recovery or Unstable Decline?

The price of ONDO is currently between $0.64 and $1.03, which has increased significantly over the past six months. The one-week price change represents a slight increase of 3.81%, while the one-month price change represents a decline of 9.26%. Price action appears to be in a correction phase as the relative strength index (RSI) is 36.70, suggesting a lack of strong momentum, and the MACD level is almost stagnant at -0.01.

Going forward, ONDO faces a delicate balance. The bullish forecast hinges on a break above the nearest resistance at $1.24 and potentially a push towards the second resistance level at $1.63. Caution is advised as the price may fall to support at $0.47 or fall to the second support level at $0.09. A coin’s performance is likely to be influenced by broader market trends and investor sentiment.

Pepe Crypto gained momentum but faced resistance.

Pepe (PEPE) has recently seen its price fluctuating within a narrow range from $0.00000497 to $0.00000660. The coin’s value soared 45.32% last week. More broadly, the monthly performance is down 8.24%, while the six-month overall performance shows an impressive 540.17% increase. The current movement in PEPE suggests that it is in a correction phase rather than an impulsive upward trend in response to past uptrends.

Looking ahead, PEPE faces immediate resistance at $0.00000723, and a successful breakout could push it towards the second resistance near $0.00000885. Support levels to watch are $0.00000397 and $0.00000234. The coin’s indicators give mixed signals. An RSI below 50 suggests a lack of strong momentum, while low stochastic readings signal caution. Despite the notable long-term growth, mixed signals advise a balanced view of the coin’s potential trajectory.

conclusion

In the current market uptrend, various altcoins such as NEAR, ONDO, and PEPE may offer growth potential, but are expected to offer limited gains in the short term. However, BlastUP stands out as having the best potential for significant profits. Our strong concept and integration within the wider Blast ecosystem aligns us with strong performance in the market. Investors looking for new opportunities will find these characteristics make BlastUP an attractive prospect.

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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