5 Hidden Crypto Gems Ready to Skyrocket After the 2024 Election š
With the 2024 U.S. elections shaping market trends, these low-cap Binance-listed tokens could be poised for major growth!
1. Radiant Capital ($RDNT ) š
Market Cap: ~$14M
Sector: DeFi
Why: Strong October momentum (+35%) with innovative DeFi solutions that reward users, positioning it for post-election DeFi interest.
2. Bella Protocol ($BEL ) š”ļø
Market Cap: ~$80M
Why: User-friendly DeFi for beginners, with +22% October volume. As accessibility gains value, Bella Protocol could attract new users.
3. IoTeX ($IOTX ) š¤
Market Cap: ~$90M
Why: With 1M+ connected devices, IoTeX's blockchain for IoT could thrive as policy emphasizes data security.
4. Litentry (LIT) š”ļø
Market Cap: ~$45M
Why: Offering decentralized identity solutions, Litentryās focus on privacy could gain traction with stricter identity regulations.
5. Bluzelle (BLZ) š
Market Cap: ~$65M
Why: Decentralized data storage needs are rising. Bluzelleās technology addresses security issues linked to centralized storage.
Why These Coins Could Grow:
1. Regulatory Tailwinds: Policies may favor privacy and blockchain innovation, benefiting Litentry and IoTeX.
2. DeFi Demand: The drive for decentralized financial services boosts tokens like RDNT and BEL.
3. Digitalization: With data security as a priority, infrastructure projects like Bluzelle stand out.
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$BEL is taking the lead again. After confirming the support at 0.42$, it is continuing its bullish trend with a huge volume. The next stop will be 1.8$ if Bitcoin stays green as of now. We've seen 270% growth in the last rally.
BEL/USDT Eyes Key Resistance as Bullish Momentum Builds $BEL
The #BEL/USDT pair is currently trading around $0.4955, which is above both the 200-period moving average (MA) of $0.4468 and the Volume Weighted Average Price (VWAP) of $0.4757. This suggests a bullish sentiment in the short to medium term as the price has broken above key moving averages.
VWAP (Volume Weighted Average Price): The VWAP is positioned at $0.4757, below the current price. Trading above this level reinforces the bullish sentiment, indicating strong buying interest in the market. RSI (Relative Strength Index): The RSI is currently at 54.28, which is in a neutral zone but leaning towards bullish. This suggests that there is a balanced buying pressure without the market being overbought. If the RSI moves closer to 70, it could signal an overbought condition, leading to a potential pullback.
The MACD shows a bullish crossover with the MACD line crossing above the signal line and the histogram turning positive. This indicates building upward momentum and supports the potential continuation of the uptrend.
Resistance: The immediate resistance level to watch is around $0.5500. A breakout above this level could open the door for further gains towards the next significant resistance zone near $0.6000. Support: On the downside, the primary support level is around $0.4700, aligning with the VWAP. A break below this level could lead to a retest of the 200-period moving average at $0.4468.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and risky. Always perform your own research before making any investment decisions.