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With so many cryptocurrencies priced under $1, finding the ones with real potential can be overwhelming. Some stand out with strong fundamentals and growing adoption, making them worth considering ahead of the 2025 bull run.
Top 3 promising cryptocurrencies under $1
With so many cryptocurrencies priced under $1, finding the ones with real potential can be overwhelming. Some stand out with strong fundamentals and growing adoption, making them worth considering ahead of the 2025 bull run.
Among them, Shiba Inu ($SHIB), Kaspa ($KAS), and Hedera Hashgraph ($HBAR) have been gaining traction and could be poised for major traction.
Shiba Inu, Kaspa, Hedera Chart Analysis
Shiba Inu Price Analysis
Shiba Inu (SHIB) price analysis reveals that the meme cryptocurrency has been on a bullish trend since early 2023. SHIB price surged over 1,000% in 2023 and reached a high of $0.000095 on May 15.
However, SHIB price encountered strong resistance at the $0.000095 level and pulled back sharply. SHIB price fell over 50% from its May 15 high and reached a low of $0.000048 on June 22.
SHIB price bounced off the $0.000048 support level and started a recovery rally. SHIB price rose over 100% from its June 22 low and reached a high of $0.000098 on July 15.
Currently, SHIB price is trading at $0.000090, which is 98% below its all-time high of $0.000544, set in October 2021. SHIB price is also trading above the 50-day moving average, indicating bullish momentum in the short term.
However, the Relative Strength Index (RSI) is in the overbought zone, which suggests that SHIB price may be due for a pullback in the short term.
Kaspa Price Analysis
Kaspa (KAS) price analysis reveals that the cryptocurrency has been on a bullish trend since early 2023.
KAS price surged over 10,000% in 2023 and reached a high of $0.12 on May 15. However, KAS price encountered strong resistance at the $0.12 level and pulled back sharply.
KAS price fell over 70% from its May 15 high and reached a low of $0.035 on June 22.
KAS price bounced off the $0.035 support level and started a recovery rally.
KAS price rose over 200% from its June 22 low and reached a high of $0.11 on July 15.
Currently, KAS price is trading at $0.090, which is 90% below its all-time high of $0.94, set in October 2021.
KAS price is also trading above the 50-day moving average, indicating bullish momentum in the short term. However, the RSI is in the overbought zone, which suggests that
KAS price may be due for a pullback in the short term.
Hedera Price Analysis
Hedera (HBAR) price analysis reveals that the cryptocurrency has been on a bullish trend since early 2023.
HBAR price surged over 2,000% in 2023 and reached a high of $0.14 on May 15. However, HBAR encountered strong resistance at the $0.14 level and pulled back sharply.
HBAR price fell over 50% from its May 15 high and reached a low of $0.07 on June 22.
HBAR price bounced off the $0.07 support level and started a recovery rally.
HBAR price rose over 150% from its June 22 low and reached a high of $0.13 on July 15.
Currently, HBAR price is trading at $0.11, which is 95% below its all-time high of $0.69, set in October 2021.
HBAR price is also trading above the 50-day moving average, indicating bullish momentum in the short term. However, the RSI is in the overbought zone, which suggests that
HBAR price may be due for a pullback in the short term.
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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