Altcoins

Last chance to buy these altcoins before the Solana ETF sends them skyrocketing

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The long-awaited Bull Run and altcoin season could begin at any time. The cryptocurrency market is currently calm, presenting a unique buying opportunity for savvy investors. Altcoins are still at their lowest levels, like coiled springs, ready to explode with growth. The upcoming Solana ETF is expected to be the catalyst for this push. This article looks at specific altcoins that are positioned for dramatic gains. Reading further will reveal these potential winners, giving readers an edge in maximizing their cryptocurrency investments. Time is of the essence, and knowing which coins are about to skyrocket could be the key to substantial profits.

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Solana Poised for Potential Breakout as Bulls Eye Higher Targets

Solana (SOL) shows promise as it remains within the range of $120.66 to $144.15. The coin saw a weekly rise of over 8%, signaling that bulls are strengthening for a breakout. If SOL manages to surpass the key resistance level at $159.66, it could further rise to the next target at $183.15, a potential gain of around 30% from current levels. With the 10-day simple moving average around $147, crossing this point could be a good sign for the bulls. Despite the recent monthly decline, the six-month gain of nearly 42% shows strong growth potential. Keep an eye on support at $112.68 if bears return.

Celestia’s (TIA) next move: will the Bulls take matters into their own hands?

Celestia (TIA) is currently hovering between $5.30 and $7.59, showing mixed signals from both bulls and bears. Despite a one-week drop of almost 1%, the real story lies in its one-month drop of almost 46%. The RSI is at 46.37, which suggests neither overbought nor oversold conditions. If the bulls gain momentum, Celestia could break above the $9.10 resistance level and head towards the $11.39 mark, offering a promising upside of over 50%. However, if the bears remain in control, prices could fall to the support level of $4.52 or even the second support at $2.23, risking a fall of more than 50%. Now is the time for investors to watch closely.

Wormhole (W) shows mixed signals, bulls prepare for a comeback

Wormhole (W) is trading between $0.29 and $0.42, showing that the bulls are not dominant at the moment. The price recently saw a decline of around 1% over the past week and a significant decline of almost 42% over the past month. However, a whopping rise of over 580% over the past six months suggests strong long-term potential. The key resistance levels at $0.50 and $0.63 are crucial; breaking them could result in gains of up to 50% and 100%, respectively. With the Relative Strength Index at around 51 and the Stochastic near 29, the coin hints at a balanced but promising scenario for a possible bull run.

Aptos (APT) remains stable with room for improvement

Aptos (APT) is currently trading between $6.07 and $7.66, suggesting a consolidation phase. The bulls seem steady as the current price is holding above the 10-day and 100-day moving averages of $7.02 and $6.89, respectively. With an RSI of 52.08, there is potential for growth. If it breaks the nearest resistance at $8.58, it could surge another 17% to the second resistance level of $10.16. Conversely, if the price turns down, strong support at $5.41 and $3.83 could cushion the fall. The recent price action suggests an even fight between the bulls and bears, but a break above the resistance could trigger a fresh rally.

Conclusion

SOL, TIA, W and APT have seen impressive growth recently, but their near-term potential appears limited. The next star to watch is CYBRO, the next generation of DeFi. Scheduled for its first release in the second quarter of 2024, CYBRO presents a unique opportunity. Early investors can join the CYBRO token presale and benefit from favorable conditions. This makes CYBRO an attractive option for those looking to capitalize on new prospects in the cryptocurrency space.

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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 loss.

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