Altcoins

Have You Been Late Investing in Solana? Here Are the Top 5 Altcoins Poised to Surpass SOL

Published

7 months ago

2 July, 2024

Have You Been Late Investing in Solana? Here Are the Top 5 Altcoins Poised to Surpass SOL

The Bull Run and Altcoin Season are on the horizon. The overall market situation remains calm and stable, but altcoins are still at their lowest, ready to surge at any moment. Investors have their eyes peeled for opportunities to surprise the next wave. While Solana has already made significant gains, there are other promising altcoins brimming with potential. For those who feel like they missed the boat on Solana, several top altcoins are poised to outperform SOL. The article reveals five altcoins that are set to see remarkable growth, piquing the interest of those eager to maximize their investment returns. Stay tuned to find out which coins promise to lead the next market rally.

CYBRO Presale Surpasses $1 Million: A One-of-a-Kind DeFi Investment Opportunity

CYBRO Catches the Attention of Crypto Whales as Its Exclusive Token Presale Rapidly Surpasses 1 million dollars. This cutting-edge technology DeFi Platform offers investors unparalleled opportunities to maximize their gains in all market conditions.

Experts predict potential ROI of 1200%with CYBRO tokens available at a pre-sale price of just $0.025 each. This rare and technologically advanced project has already attracted prominent crypto influencers and whales, demonstrating strong trust and interest.

CYBRO token holders will enjoy lucrative yield staking rewards, Exclusive airdropscash back on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and around 25 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that is truly one in a million.

Join CYBRO and aim for future returns of up to 1200%

Optimism (OP) shows signs of bullish momentum, with a potential breakout in sight

Optimism (OP) is currently trading between $1.66 and $1.89, indicating that the bulls have started to gain traction. With the closest resistance at $1.98, a break above this level could see the price rise towards $2.21. This marks a potential increase of up to twenty percent from its current range. The Relative Strength Index (RSI) of around sixty supports an uptrend, while its recent one-week price increase of over six percent suggests increasing momentum. If the price holds above the $1.52 support level, OP could pave the way for continued growth, signaling a promising uptrend.

Aptos (APT) Soars in Calm Waters: Is a Breakout Looming?

Aptos (APT) is currently trading between $6.61 and $7.32, indicating a fierce battle between the bulls and bears. With a weekly price increase of over five percent, it is clear that the short-term momentum favors the bulls. The coin is hovering near its 10-day simple moving average of $7.15, and the relative strength index (RSI) at around 60 suggests that it has room to rise before reaching overbought territory. If Aptos can break above the nearest resistance at $7.57, a rise to the second resistance level of $8.27 could be on the cards, representing a potential increase of over fifteen percent. This could be the start of a significant upside for Aptos in the near future.

NEAR Protocol eyes upside as bulls gather strength

NEAR Protocol (NEAR) is currently trading between $4.89 and $5.67. The recent price action shows that the bulls are gaining momentum, which is reflected in a short-term uptrend over the past week. However, over the past month, it has declined by nearly 26%. With support areas around $4.49 and stronger support at $3.71, NEAR is poised to break above the resistance levels at $6.04 and potentially $6.82. The 10-day moving average is slightly above the 100-day average, indicating bullish momentum. With the RSI above 76 and the Stochastic at 85, there is significant potential for further growth. A successful breakout of $6.04 could result in gains of around 27%, with a 40% increase if it reaches $6.82.

Render (RNDR) Ready to Break Out of Comfort Zone on Bullish Signals

Render (RNDR) is currently trading between $6.96 and $8.17. The bulls are showing strength, pushing the price close to the nearest resistance at $8.66. The coin has seen a 9.80% increase over the past week, indicating positive momentum. The 10-day moving average of $7.81 is above the 100-day moving average of $7.48, another bullish sign. If RNDR breaks above $8.66, it could target the next resistance at $9.86, potentially offering gains of around 15-20%. The RSI at 57.12 and the MACD level of 0.13 add to the optimism, suggesting that further upward movement is likely. This is a promising setup for RNDR enthusiasts.

Conclusion

While OP, APT, NEAR, and RNDR are promising, their short-term earnings potential is limited. CYBRO stands out with its unique concept of using AI to deliver higher returns. Early investors can benefit by joining the CYBRO token presale, positioning themselves favorably for future growth.

Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on the information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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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

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

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.