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.
Following Bitcoin’s halving, experts predict a major price increase, with some saying Bitcoin could reach $200,000. With such a big wave, there is a growing curiosity about which digital coins could turn out to be gold mines. Our article dives into the cryptos that have a chance to deliver impressive returns, and sheds light on potential millionaires in the vibrant crypto landscape.
BlastUP goes viral and raises $3 million in just one month
BlastUP, the main launch pad on Blast, recently made waves in the crypto world with its stunning debut, raising $3 million in just one month. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.
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BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain based on TVL, it offers real utility as a starting point for DApp ventures. With the motto Grow Faster, Earn More, BlastUP is committed to increasing the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.
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Render price approaching $10.85, eyes higher targets
Render’s price is hovering around $10.85, close to the second resistance level at $11.72, indicating strong performance. This may indicate that investors are confident in Render’s prospects, driving demand higher. If Render keeps this momentum going and pushes past $11.72, we could see it aiming for an even higher price. Given the current nearest support level of $5.09, there is room for growth before any potential downside risks.
On the other hand, Render’s price is not far from its 10-day moving average of $10.94. If the price of Render starts falling and breaks the USD 5.09 and USD 2.66 support levels, it could indicate a bearish trend. This could lead to a decline in the short term. Over the long term, the 100-day moving average of $6.54 serves as a crucial indicator of stability. It could act as a potential rebound point if the price falls.
Jupiter’s market strength and resistance levels
Jupiter’s current price at $1.50 shows strong market position, which could indicate further upside momentum, targeting the first resistance level at $0.68. Should positive sentiment continue, the coin could even test the second resistance at $0.81. However, this optimism must be balanced with the 10-day moving average of $1.31, which suggests that there could be potential consolidation before a breakout occurs.
Considering the nearest support at $0.42 and secondary support at $0.30, investors should be aware of the potential downside if market sentiment turns negative. A decline below these support levels could indicate a stronger correction. The long-term outlook remains uncertain, making it essential to keep a close eye on both support levels and the 10-day moving average to estimate future price movements.
Positive Avalanche trend amid potential sell signals
Avalanche is trading at $53.48, above its 10-day simple moving average of $54.55. The asset has surpassed the nearest resistance level at $56.32 and is now looking towards the second resistance at $61.66. Considering the move against the 100-day simple moving average of $41.50, the positive outlook suggests there is potential for continued value growth. Investors can hope for a steady rise that will lead to stability and greater confidence in the asset’s strength.
However, several indicators such as the MACD and the 10-day simple moving average point to a possible sell-off, which could cause concern among holders. If the price fails to maintain its current value, the nearest support is significantly lower at $33.98, with further downside protection at $26.97. This could mean that assets will come under pressure in the coming days or weeks and the lower support levels will be tested, signaling risks for those looking for quick profits and attracting the attention of long-term investors looking for are looking for favorable entry points.
Ondo’s positive price trend indicates growth
The current price of Ondo is at $0.91, which is above both the 10-day SMA of $0.84 and the nearest resistance of $1.55, indicating a positive trend. If momentum continues and buyers continue to dominate, we could see momentum towards the second resistance at $1.66. The current support at $0.26 provides a cushion, but a break above $0.66 could indicate the potential for a steady rise, provided investment sentiment remains strong and market conditions are favorable.
If the price falls below the current $0.91 in the near term, the 10-day SMA of $0.84 could serve as a small break. However, any significant negative shift could see the price drop to the nearest support at $0.26 or even to the $0.08 level if a broader market decline occurs. Over the longer term, stability above the SMA indicates good health, but the distance to the second support indicates there could be room for volatility in the face of adverse events, which investors should take into account.
Conclusion
As the crypto landscape brightens in anticipation of Bitcoin’s halving, savvy investors are looking for altcoins with the most potential. While projects like Render, Jupiter, Avalanche and Ondo are all promising and showing signs of growth or stability, one specific asset stands out: BlastUP. Within the robust Blast ecosystem, BlastUP not only presents an attractive concept, but also the market sentiment shows a significant tilt towards the high potential for value appreciation amid the expected bull run. It is this unique position that could make BlastUP the standout candidate to ride the 2024 crypto wave.
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.
Source: https://cryptobenelux.com/2024/04/01/de-volgende-cryptogolf-top-altcoins-om-te-kopen-voor-de-bull-run-van-2024/
