Altcoins
Altcoin Season IS COMING: These Altcoins Will Explode 125x SOON
The market is heating up and some cryptocurrencies are poised for impressive growth, signaling a potential surge known to enthusiasts as altcoin season.
With some coins expected to yield up to 125x returns, investors are scanning the horizon for the next big breakthrough. As the 2024 bull run unfolds, this article delves into the specific currencies that are expected to outperform their competitors and generate significant interest in the community.
The BlastUP token is expected to rise 1000% by the end of the year
BlastUP has received a lot of attention lately due to its high potential to become a major force in the cryptocurrency industry. This pioneering stepping stone on Blast has already attracted attention almost 15,000 active users.
The ongoing BlastUP presale is a huge success, with $6 million raised so far. BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket by 1000% by the end of this year.
>> Buy BlastUP tokens now for maximum returns! <
BlastUP helps crypto startups grow faster and earn more. As BlastUP progresses, it continues to commit to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends to 2026, promising the introduction of AI-powered tools and… Community marketfurther enriching the capabilities of the ecosystem.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, bet prizesand exclusive loyalty benefits.
>> Join BlastUP now or this rocket will take off without you! <
Polygon (MATIC) shows recovery potential amid market movements
Polygon’s MATIC traded between $0.63 and $0.74. With the current price closer to the 10-year average of $0.66, the move is trending towards a potential recovery. Despite a one-week decline of about 7%, the one-month gain is just over 1%. Looking back six months, the price is down about 28%. Indicators suggest that the price does not have a strong trend, with RSI and stochastic values not indicating overbought or oversold conditions. Resistance at $0.82 could limit upside moves, while support at $0.59 provides a safety net for declines. The current market suggests a corrective move, with the possibility of switching to an impulsive trend if it breaks above key resistance levels.
Chainlink Price Swings Amid Market Uncertainty
Chainlink has seen varied performance recently with its current price hovering between $12.84 and $14.72. Despite a decline of 7.52% over the past week, the monthly view shows a slight gain of 0.76%. Over a six-month period, the coin fell by 10.83%. The price is hovering near the key ten-day average of $13.41 and is slightly lower than the hundred-day average of $13.57. With an RSI of 48.32, Chainlink is neither overbought nor oversold. The moves are neither clearly impulsive nor corrective, suggesting a period of consolidation as it trades between its significant support at $12.12 and the immediate resistance level at $15.88.
Outlook for Hedera HBAR: Steady climb despite weak week
Hedera’s price range is currently between $0.10 and $0.12. It declined slightly this week, down about 5%. However, over the past month, HBAR has seen a solid jump of over 38% and over the past six months has seen an impressive increase of over 76%. The currency’s movements appear healthy, not too fast or slow, showing steady growth. With the nearest resistance at $0.13 and support at $0.09, HBAR maintains a stable movement around the $0.11 handle as indicated by the simple moving averages. The relative strength is moderate, meaning it is not overbought or oversold, which tells us that the upward price trend may continue.
Mantle Cryptocurrency Price Update: Consolidation Before Next Move?
Mantle (MNT) is currently trading between $0.97 and $1.07, suggesting a consolidation. The coin suffered a decline of 6.25% in the past week and continued to decline by 10.25% this month, but still shows a notable gain of 112.55% over the past six months. With nearest support at $0.93 and resistance at $1.14, MNT is hovering around its 10-day average of $0.99 and slightly below its 100-day average of $1.01. The RSI and Stochastic indicators suggest that the coin is not overbought, while the negative MACD could imply a potential change in momentum. MNT may be preparing for its next big move, whether it breaks above resistance or falls back to test support levels.
Conclusion
Anticipation for a significant rise in some cryptocurrencies is high, with the bull run already underway. Among the contenders, MATIC, LINK, HBAR and MNT show promise, but may not rise as much in the near term. However, attention is drawn towards BlastUP for its strong potential due to its innovative concept and its integration within the Blast ecosystem. Considerable growth potential is more pronounced for BlastUP, indicating that it could outperform others in the expected altcoin season.
Place: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
The topic and content of this article represent the views of the author alone. FinanceFeeds assumes no legal responsibility for the content of this article and does not reflect the views of FinanceFeeds or its editorial staff.
The information on this page does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation or individual needs. We strongly advise you to take independent professional advice or conduct your own independent research before acting on any information contained herein.