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Cryptocurrency News Articles
Lesser-Known Cryptocurrencies Set for Major Growth as Bitcoin Market Cools
Jul 12, 2024 at 12:38 am
The cryptocurrency market is showing a calm before what many anticipate to be a major bull run.
As the cryptocurrency market steadies following the latest market dump, many are turning their attention to altcoins, hoping to uncover the next hidden gem. Among the vast sea of options, a select few have piqued the interest of both novice and seasoned investors alike. Here's a closer look at four promising altcoins that could potentially explode in value.
1. Jupiter (JUP)
JUP has managed to hold strong amid the market sell-off, trading within a range of $0.52 to $0.98. Bulls are showing resilience despite the recent market dump, evident in the coin’s six-month rise of over 2,480%. The price is now looking to test the resistance at $1.27 soon, with the potential to push further to $1.74. This could mean a surge of over 70% from its current range.
A technical analysis reveals mixed signals, with the RSI showing a bearish divergence while the MACD indicates a potential buy. However, the steady SMA values suggest stability. If bulls can sustain the pressure, especially with the market showing signs of recovery, JUP could follow the positive patterns observed in 2021.
2. Ondo (ONDO)
Despite the market dumps, Ondo (ONDO) has showcased impressive growth. It's currently priced between $0.78 and $1.12, hovering close to its 10-day simple moving average of $0.99. Despite a 11.24% decrease this week, Ondo has exhibited an incredible 3210.27% rise over the past six months.
A closer look at the 1-day chart reveals a breakout potential. With resistance at $1.35 and $1.69, a breakout could see it surge by nearly 50% to 90%. As the market stabilizes, especially with four successful IDOs on BlastUP, Ondo's robust historical performance hints at a promising bull run ahead.
3. Notcoin (NOT)
Notcoin (NOT) has been showing interesting price movements with its current range between $0.01 and $0.02. Bears seem to dominate temporarily as NOT struggles to break its $0.02 barrier, but bulls are not out yet. A closer analysis reveals a strong 692.55% growth over the past six months.
The 1-day chart shows both 10-day and 100-day moving averages at $0.02, indicating stability. The RSI at 47.38 suggests a neutral zone, but the surprising rise in the past week by over 27% showcases underlying bullish momentum.
If momentum builds, especially with the promising launchpad and four successful IDOs on BlastUP, breaking the $0.03 level could lead to significant growth, potentially another 50% from current levels.
4. Toncoin (TON)
Toncoin (TON) is navigating the recent market struggles with resilience. It's currently trading between $6.22 and $8.01. Even with a minor dip of around 9% in the past week, its 6-month surge of nearly 240% showcases strong bullish momentum.
The key resistance at $8.98 could trigger a swift rally toward the second resistance at $10.77, marking a potential 30-70% increase. Despite current bearish forces, indicators suggest stability and a bullish pattern could soon drive TON to new highs.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- South Africa Traders Fair 2024 Concludes in Johannesburg
- Sep 24, 2024 at 12:45 pm
- The South Africa Traders Fair, organised by FINEXPO, concluded on 21 September 2024 at the renowned Protea Hotel Johannesburg Wanderers, marking a major success.
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- Internet Computer (ICP), Sui (SUI), and BlockDAG (BDAG) Making Headlines as Cryptocurrency Market Nears Bull Run
- Sep 24, 2024 at 12:15 pm
- The cryptocurrency market may be on the brink of another bull run, and three coins are currently making headlines: Internet Computer (ICP), Sui (SUI), and BlockDAG (BDAG).
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- Coin Master Free Spins And Coin Links Today September 24, 2024
- Sep 24, 2024 at 12:15 pm
- Coin Master is one of the most popular games that both Android and iOS users can download for free. It is a unique game which requires gamers to build village
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- $GRT Airdrop Tempest: Weather the Claiming Storm
- Sep 24, 2024 at 12:15 pm
- Did you qualify for $GRT Airdrop?
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- The Graph (GRT) Token on the Verge of Breaking August Highs
- Sep 24, 2024 at 12:15 pm
- The Graph [GRT] token has performed well since last Monday. Like the rest of the crypto market, the token has registered double-digit price gains.
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- Coins.ph Expands PHPC Stablecoin to Solana Blockchain
- Sep 24, 2024 at 12:15 pm
- Coins.ph announced that their Philippine Peso stablecoin, PHPC, will be supported on the Solana blockchain, broadening its use cases for remittances, DeFi, and on-chain FX trading.
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- Aptos Enhances BTC Integrations, Polygon Shows Recovery Signs, BlockDAG Testnet Launch Stuns
- Sep 24, 2024 at 12:15 pm
- Aptos is enhancing its presence with the integration of sBTC, which marries Bitcoin with decentralized finance (DeFi) and gaming sectors.
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- Limited THETA NETWORK Airdrop — Claim Yours Now!
- Sep 24, 2024 at 12:15 pm
- Everything you need to know about THETA NETWORK Airdrop
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- The Great Bitcoin Mining Migration: How the US Overtook China as the Global Leader
- Sep 24, 2024 at 11:50 am
- In recent years, the global Bitcoin mining landscape has undergone a dramatic transformation. Once dominated by Chinese miners, the hashrate distribution has shifted significantly.