Altcoins

Altcoins to GET RICH – BLP, STRK, BLUR, ARB and SEI

Published

8 months ago

26 May, 2024

Altcoins to GET RICH – BLP, STRK, BLUR, ARB and SEI

The crypto market is booming and the hunt for lucrative investments is intensifying. Amid the sea of options, a select few altcoins have attracted the attention of savvy investors for their wealth growth potential. This article dives into the details of five such coins that promise significant returns. The information provided here is invaluable for those looking to capitalize on the 2024 uptrend and expand their portfolios with strategic choices.

Over $6 Million Raised: BlastUP Pre-Sale Continues, Offering Up to 1,000% ROI Potential

BlastUP has received a lot of attention lately due to its strong potential to become a major force in the crypto industry. This pioneering launch pad on Blast has already won over more than 15,000 active users.

The ongoing BlastUP pre-sale is a huge success, over 6 million dollars raised so far. The BlastUP token is considered by crypto experts to be a hidden crypto gem that can skyrocket 1,000% by the end of this year.

>> Buy BlastUP tokens now for maximum returns!

BlastUP helps crypto startups grow faster and earn more. As BlastUP moves forward, it remains committed to creating a global hub for the Blast community. BlastUP is quickly gaining ground for advantage of all the players in this ecosystem.

BlastUP’s roadmap extends to 2026, promising the introduction of AI-based tools and Community marketfurther enriching the capabilities of the ecosystem.

The BlastUP token, the cornerstone of the platform, unlocks access to multi-level IDO launches, staking rewardsand exclusive loyalty benefits.

>> Join BlastUP now or this rocket will take off without you!

Starknet Price Analysis: Steady Growth with Volatility

Starknet (STRK) has seen a notable rise of 499.50% over the past six months, indicating strong investor interest. In the short term, the coin’s price has seen some fluctuations, as evidenced by a 9.51% decline over the past month. Over the past week, the price has increased slightly by 1.42%. STRK is currently trading in a range between $0.99 and $1.17. With the RSI at 45.42, the coin shows no signs of overbought or oversold. The move appears moderate with no clear signs of strong momentum or correction yet.

Blur Price Movement (BLUR) and Future Outlook

Blur’s current price is hovering between $0.33 and $0.38, with recent downward pressure as the coin has fallen 5.84% over the past month and 36.93% over the past six month. Its closest resistance and support levels stand at $0.41 and $0.31, respectively. Blur’s price movements appear corrective as of late as indicators such as the RSI at 44.69 and a low stochastic value at 27.61 suggest the absence of strong buying momentum. Despite a significant decline over the past week with a 10.40% increase, the token’s simple moving averages (10 days at $0.42 and 100 days at $0.40) suggest that Blur could see a potential upside if it manages to overcome the immediate resistance levels, aiming for the second resistance level at $0.46.

Arbitrage Price Movement: What’s Next for ARB?

The trading price of Arbitrum (ARB) has seen varied changes, with a recent range of $0.91 to $1.06. After an 18.90% rise last week, the price faced a slight decline of 2.32% over the past month. Compared to six months ago, the current price shows an improvement of 12.53%. The ARB is now oscillating between efforts to push higher and efforts to stabilize, suggesting it may be in a corrective phase. The coin’s simple moving averages signal a potentially bullish trend as the 10-day average ($1.19) is above the 100-day average ($1.11). Indicators like the RSI at 52.45 suggest that ARB is in a balanced zone, neither overbought nor oversold. With the Stochastic and MACD levels showing room for movement, ARB could target the nearest resistance at $1.14, unless selling pressure pushes it towards the support at $0.84.

Sei Coin: slight turbulence in the short term while the long term shines

SEI has seen a decline in prices recently, with a 2.77% decline over the past week and a steeper 20.38% decline over the past month. However, it remains well above its level six months ago, with a strong gain of 111.05%. Currently trading between $0.45 and $0.59, SEI faces the next hurdle at a resistance level of $0.67, while support holds at $0.37. The coin is in a corrective phase, as suggested by indicators such as the RSI at the low of 30.51 and the stochastic level of 14.68, signaling that it may be oversold. The MACD just below zero confirms this corrective trend.

Conclusion

In a dynamic market, STRK, BLUR, ARB and SEI may not shine as brightly in the short term. The real asset is BlastUP, ready to rise above the rest. This project is impressive due to its innovative concept and its integration into the Blast ecosystem. Those looking for remarkable growth potential would do well to consider the merits of BlastUP as a key candidate for significant returns.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

Disclaimer: The text above is an advertising article and is not part of Cryptonews.com editorial content.

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Altcoins

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Published

6 months ago

29 July, 2024

CoinFlix Staff

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Popular crypto analyst Michael van de Poppe has highlighted his altcoin portfolio approach in light of the new Ethereum ETF. In a recent Youtube videoThe analyst explained the measures he would take for this major market event.

The Ethereum ETF was listed on the stock exchange and it took time to get approval and so far there has been no significant change in price. The analyst pointed out that the long-term effect could be quite significant, comparing it to the situation of the Bitcoin ETF where the initial decline was followed by large inflows.

According to Van de Poppe, the Ethereum ETF’s trading volume on the first day of trading was about 25% of the volume Bitcoin ETF He noted that the first day of trading was marked by low inflation, and said there was a net inflow of $150 million to $160 million, which reduced the available supply.

Altcoins are poised for growth

The analyst said that as Ethereum adoption increases in the future, the supply of Ethereum will decrease, which is a deflationary model. Ethereum is up about 15% since the ETF approval, the broader market reaction has yet to happen as several sell-offs have taken place, including the Grayscale Trust.

Van de Poppe also mentioned other important market events, including the end of Mount Gox The process of repaying creditors initially caused tensions in the markets, but had little effect subsequently. It also highlighted the role of macroeconomic factors, which can lead to Fed rate cuts, which can affect markets.

In this regard, looking at van de Poppe’s strategy, he is still keen to trade within the altcoins of the Ethereum ecosystem. He stated that there is a possibility of short-term price fluctuations that may discourage many people, but the long-term still looks good due to the improvement and adaptation that has been made to Ethereum and its environment.

According to the analyst, substantial inflows could propel Ethereum towards new historic highs with estimates ranging from $5,000 to $7,000. Despite the current market fluctuations, he is confident that macroeconomic changes and greater liquidity will be favorable for altcoins.

He explained that his broad approach to altcoins, especially those associated with Ethereum, will be beneficial because the market will react differently to these events. The basis for his optimism comes from the fact that he believes that Ethereum and all associated projects are still extremely undervalued and have the potential to skyrocket as sentiment changes.

Looking ahead and market adjustments regarding the Ethereum ETF and other macroeconomic factors, the analyst remains bullish on altcoins. He suggested investors stay informed and believe that in the ever-changing world of crypto, they will eventually be rewarded.

Fuente

Altcoins

Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

IntoTheBlock Releases Report on Institutional DeFi Trilemma

Disclaimer

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Fuente

Altcoins

Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

Disclaimer

Fuente

Altcoins

Epic Altcoin Rally Expected for August and September

Published

6 months ago

28 July, 2024

CoinFlix Staff

Crypto analyst predicts massive altcoin rally similar to Q1 2024, urging patience and accumulation.
Bitcoin’s potential as a reserve asset and its technical patterns suggest that it will drive the rise of the cryptocurrency market.

Captain Faibik, a renowned crypto analyst, has created excitement in the cryptocurrency sector with his latest prediction. He indicated that we are on the cusp of a massive altcoin rally, similar to the one we saw in Q1 2024.

We are on the verge of a massive Altcoin rally, similar to Q1 2024📈

Keep accumulating and hold with patience. (Patience will be rewarded)

The majority of #Altcoins have already hit rock bottom and are about to escape.

In my opinion, August-September is going to be epic for Altcoins.🚀🚀#Crypto pic.twitter.com/cMdHagiaYc

— Captain Faibik (@CryptoFaibik) July 24, 2024

Accumulating and Holding Altcoins: The Path to Potential Profits

He stressed the need to accumulate altcoins and hold them patiently, as it will eventually pay off. According to him, the majority of altcoins have already bottomed out and are about to break it. He believes August and September will be epic months for altcoins.

In a chart posted by Captain Faibik, the overall crypto market cap, excluding Bitcoin and Ether, known as TOTAL3, is approaching the upper boundary of a descending channel pattern.

This context suggests a potential breakout and a significant rally towards the $1 trillion mark. Technically, the decline since mid-March is interpreted as a corrective trend for the value of TOTAL3, signaling a preparation to enter a rally structure.

Bitcoin’s influence and legislative developments suggest good prospects for the future

Furthermore, based on sentiment and technical patterns, Bitcoin, the world’s leading cryptocurrency, appears poised to lead the charge in the cryptocurrency market. Bitcoin’s performance often sets the tone for the market as a whole, and a strong move in BTC could trigger a significant rally in altcoins.

Previously, as we have already said reportedSenator Cynthia Lummis said she plans to introduce a bill at the upcoming Bitcoin conference that would require the Federal Reserve to hold Bitcoin as a reserve asset.

If this law passes, the US will treat BTC as a long-term investment rather than selling huge amounts infrequently, which could disrupt the market.

In addition, asset management firm VanEck has proposed a bold scenario in which Bitcoin Price Could Reach $2.9 Million Per BTC By 2050based on its fundamental outlook. Matthew Sigel, head of digital assets at VanEck, and senior investment analyst Patrick Bush noted that their estimate is based on Bitcoin’s adoption as a global medium of exchange and reserve asset.

As Bitcoin price increases, altcoins are expected to gain popularity, indicating the start of a bullish rally shortly after the BTC halving event.

Meanwhile, at the time of writing, the price of BTC was hovering around $67,007.99up 4.67% over the past 24 hours following a short-term correction.