|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
These 5 Tokens (JUP, POL, ONDO, DOT, XYZ) Show Signs of Significant Growth Ahead
Jan 31, 2025 at 10:33 pm
Some digital currencies are currently flying under the radar, yet they have the potential to surge. This article explores five such tokens: JUP, POL, ONDO, DOT, and XYZ.
Some digital currencies are currently flying under the radar, yet they have the potential to surge. This article explores five such tokens: JUP, POL, ONDO, DOT, and XYZ. These assets show signs of significant growth ahead. Discover why these picks could be the next big thing in the cryptocurrency market.
Jupiter (JUP) has seen significant price movement lately. In the past week, its price jumped 39%. Over the month, it rose 36%, and in six months, it’s up 21%. These gains suggest a strong short-term upward trend.
Currently, Jupiter trades between $0.78 and $1.30. The nearest resistance is at $1.55, possibly challenging further price increases. The support level is at $0.51, providing a potential floor if prices drop. Simple moving averages over 10 and 100 days are $1.12 and $1.10, indicating a stable trend.
Technical indicators show mixed signals. The RSI is at 48.21, neutral territory, neither overbought nor oversold. The stochastic is 55.52, also neutral. The MACD is positive at 0.001207, suggesting bullish momentum. Jupiter might rise to test resistance at $1.55, a 19% increase from current prices. If it falls, it could reach support at $0.51, a 61% decrease.
bullish traders. On the downside, the nearest support is at $0.39. Falling below this could see the price testing the second support at $0.33, a potential decrease of around 20%. The coin’s movements around these levels will be crucial in determining its short-term direction.
Ondo (ONDO) has nearly doubled in value over the past six months, boasting a 99.02% price increase. In the last week alone, it surged by 23.28%, and over the past month, it climbed 16.29%. Currently, ONDO is trading between $1.23 and $1.52, reflecting strong momentum in the market.
Technical indicators show that ONDO is nearing important price points. The nearest resistance level is at $1.67, and breaking past this could lead to further gains. The next resistance sits at $1.95, presenting another target for bullish traders. On the downside, support levels at $1.10 and $0.8109 may provide a safety net if the price dips.
The coin’s Simple Moving Average over 10 days is $1.55, slightly above the current price, while the 100-day SMA is $1.39. The Relative Strength Index is at 69.33, indicating that ONDO is approaching overbought territory. A high Stochastic value of 84.42 supports this, suggesting the market may be due for a correction. However, a positive MACD level of 0.0495 points to continued bullish momentum. Traders are watching to see if ONDO will push past the $1.67 resistance, which would signal potential for further upward movement.
Polkadot (DOT) has experienced notable price changes. In the past week, the price fell by 7.60%, indicating short-term bearishness. Over the month, DOT dropped 11.04%. However, over six months, it gained 16.18%, suggesting a positive longer-term trend.
Trading between $5.79 and $6.84, DOT is near key levels. Immediate resistance is at $7.49; support is at $5.39. A break above resistance could signal bullish reversal; falling below support may lead to further decline. Second resistance and support are at $8.54 and $4.34.
Technical indicators are mixed. RSI at 63.95 nears overbought, hinting at correction. Stochastic at 89.44 suggests possible short-term pullback. MACD at 0.0508 shows mild bullishness. The 10-day and 100-day Simple Moving Averages are both around $5.91, indicating consolidation before a possible significant move.
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.
-
- Tether Hits $13 Billion Profits for 2024 And All-Time Highs in U.S. Treasury Holdings, USD₮ Circulation, and Reserve Buffer in Q4 2024 Attestation
- Feb 01, 2025 at 03:50 am
- The report confirms the accuracy of Tether's Consolidated Reserves Report (CRR) and details the assets backing its issued tokens as of December 31st, 2024.
-
- Tether Reported a Net Profit of $13B in 2024, Driven by Its Businesses, Including the Issuance of Usdt, the Largest Stablecoin in the Crypto Market.
- Feb 01, 2025 at 03:50 am
- Tether, the issuer of crypto's biggest stablecoin (USDT), generated $13 billion in profits last year amid soaring digital asset adoption and a new all-time high in U.S. Treasury Bills held as reserves for its token.