Altcoins
5 Altcoins You’ll Regret Not Buying – 3,500% Upside Potential
In the dynamic cryptocurrency market, an uptrend is unfolding and investors are constantly on the lookout for the next big opportunity. As the uptrend accelerates, it becomes essential to understand which lesser-known coins have high growth potential. This article highlights five such coins that require attention, each with the potential to generate significant returns. It’s easy to miss these opportunities, but for those looking for impressive gains, these picks could prove indispensable during the 2024 bull run.
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Hedera price momentum: rise or fall ahead?
Hedera (HBAR) is currently between $0.10 and $0.12. It has increased a lot in the last six months, by 88.91%, and even last month saw a solid increase of 30.63%. Last week alone, the price jumped 10.41%. Currently, it is approaching a higher price at $0.13. If it falls, we expect it to stop around $0.09. The coin’s recent movements show that more buyers are coming in, which could lead to further price increases soon.
Litecoin (LTC) price is moving in a narrow range
The price of Litecoin has seen various changes recently. Over the past week, LTC rose 10.81%, showing strong momentum, but over the month the rise was more modest at 3.64%. In six months, LTC has gained 25.52%. Currently, LTC is trading between $78.82 and $85.40, looking for direction. It marks the nearest resistance level at $88.41 and remains above the support at $75.25. The coin’s movements appear to be more corrective as indicators such as the RSI and Stochastic do not show any extreme conditions and the MACD is almost flat.
Optimistic price analysis: is growth sustainable?
Optimism (OP) has been on a notable upward trend with a 6-month gain of almost 50%. Recently, the price has settled between $2.27 and $2.63. In just one week, the price has increased by more than 14%. Despite the positive trend over the months, the short-term movement reflects a slight pullback with indicators like the RSI at 39.95, suggesting that the current momentum may be losing steam. Additionally, the stochastic value is quite low, suggesting that OP might be in an oversold state. The MACD level is almost stable, indicating a lack of strong momentum at this point. The closest resistance lies at $2.81, and with the price currently below the 10-day simple moving average, it appears that the coin is in a corrective phase after recent gains.
Steady rise in Polygon in an uncertain market
Polygon (MATIC) is trading in a price range of $0.64 to $0.72, showing resilience amid market uncertainty. It approached a resistance level at $0.76 but held support at $0.60. Over the past week, MATIC has seen an impressive price increase of 12.15%, while the monthly change remains modest at 2.10%. However, over the past six months, the price has seen a slight decline of 5.57%. Current trends, reflected by indicators such as the RSI at 49.20 and the Stochastic at 66.51, suggest that Polygon is neither overbought nor oversold, potentially positioning it for stable moves. The near-neutral MACD level indicates the likelihood of consolidation, with potential impulsive moves if it breaks through immediate resistance. Against this backdrop, Polygon could potentially explore the ranges between its second resistance at $0.84 and its second support level at $0.52, depending on market sentiment and overall crypto dynamics.
Conclusion
Looking at HBAR, LTC, OP and MATIC, these coins might not shine as bright in the short term as others. The spotlight is on BlastUP for the greatest chance of taking off. This project is anchored in an innovative concept and benefits from integration with the broader Blast ecosystem. Investing in BlastUP therefore offers an attractive opportunity given its strong underlying fundamentals and future growth prospects.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io