Secret bull run signal indicates gains for these altcoins in one week

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.

In the wake of recent developments that saw Bitcoin hit a record high following the introduction of ETFs led by SEC’s Gary Gensler, an undisclosed bull run signal points to potential gains for select altcoins this week. This event underlines the growing influence of digital currencies as promising investment opportunities, and sets the stage for our article’s relevance in navigating the emerging crypto landscape.

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Cardano’s market fluctuations: A potential breakthrough or reassessment?

The recent exclusion of Cardano from Grayscale’s new fund could lead to market fluctuations in the short term. The current price stands at $0.75, just at the nearest resistance level, indicating a possible breakout to the next level at $0.85. Both the RSI and Stochastics are neutral, but the MACD and 10-day moving average are pointing toward buy, indicating optimism in the market.

In the long term, this event could lead to a revaluation of Cardano’s value on the market. The nearest support level at $0.52 and the second support level at $0.38 could come into play if the price declines. However, the 100-day simple moving average, currently $0.56, still recommends buying. This implies that even with this setback, Cardano’s outlook remains bullish overall.

Optimism shows promising trend with growth potential

Optimism is on a promising upward trend. With the current price of $4.62 surpassing the nearest resistance level of $4.32, momentum indicates a potential push towards the second resistance level of $4.95. The bullish Simple Moving Averages, along with MACD’s ‘Buy’ recommendation, add weight to this promising short-term projection.

On the other hand, we must balance optimism and caution. Holding steady above the nearest support at $2.95 is a positive signal, but long-term viability will depend on the coin’s ability to stay afloat. If the price declines, the second support level at $2.20 could come into play. Nevertheless, the Simple Moving Average 100-day ‘Buy’ recommendation insinuates gradual but steady long-term growth.

Conclusion

While Cardano and Optimism are showing bullish trends, the secret bull run signal seems to indicate that the real potential lies with BlastUP. Backed by the successful Blast ecosystem, BlastUP is poised to revolutionize the digital world with its unique concept and commitment to fueling the growth of blockchain startups. Even among other promising altcoins, BlastUP, with its strategic pre-sales and rich rewards system, arguably has the greatest potential, showing that selecting the right coin can indeed translate into significant profits.

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.