The market is full of negatives. For example, by comparing the Bitcoin ETF, which plunged 21% when it was approved, Ethereum is still far from reaching its target. It is said that the Ethereum Cancun upgrade did not increase activity, but was suppressed by Sol, and the future prospects are worrying. There are also people who say that Ethereum investors have no staking income, etc.
But I still think now is a good time to enter the market.
Now every decline is an opportunity to enter the market. History will not simply repeat itself, especially Trump’s support for cryptocurrencies. As long as Trump is elected, this bull market will be unprecedented.
In a word, the future of cryptocurrency is a bright future. We must hold on to the chips in our hands tightly and never throw them away. We must follow instructions and avoid frequent operations.
In a volatile market, the more operations you make, the greater the losses you will suffer.
It is expected that the future bull market will see the potential for 4 cryptocurrencies to surge 100 times!
1.DOGE
Dogecoin broke above the psychological barrier in the past few days and completed a retracement, opening the doors for an uptrend ahead. The price has consolidated above $0.13, which suggests that the coin is preparing to reach $0.15. However, a small hurdle might hamper the progress of the rebound, but the bulls seem ready to maintain a strong uptrend ahead.
DOGE price has broken out of the downtrend line and entered a new bullish period. The RSI maintains a strong uptrend, while the Ichimoku Cloud is about to turn bullish. Therefore, Dogecoin price is expected to maintain an upward consolidation and enter a decisive range above $0.145. Here, the bulls are expected to show strength;
2. TREES
Currently valued at around $0.0101 with a market cap of $700 million, BOOK OF MEME is a Solana-based token that has not yet reached peak performance, but has had a solid launch. Despite setting new highs in the past, $BOME has yet to hit a new all-time high market cap, having previously hit an all-time high of $1.2 billion.
As market conditions improve, especially during the bullish phase expected in late 2024, $BOME could see a recovery, making it an attractive option for investors looking to capitalize on the next wave of meme coin success.
3. BABY
Pepe’s price has been maintaining strong momentum since the beginning of the year, and despite the increase in bearish activity, the coin seems to have found solid ground. Therefore, bulls may remain slightly passive for a while, followed by a strong uptrend.
The recent bearish action has caused the price to break below the uptrend line and fail to recover the levels inside the ascending triangle. Moreover, the MACD is turning bearish as the levels are about to experience a bearish crossover, which could initiate a new bearish trend. Therefore, if the bulls fail to recover the levels above the trendline, the bears may pull the levels back to $0.00001. A successful rise could lead the PEPE price to a higher high, which could further initiate a new uptrend.
4.TON
Despite the bullish trend in TON price, the daily chart shows a continuous pullback forming a falling channel. Moreover, the uptrend broke below the 50D EMA and the $7 mark. Currently, TON price is $6.74 with an intraday gain of 1.81%.
If the Toncoin price slips below the 23.60% Fibonacci level, it could plummet to $4.90. On the upside, if the broader market recovers, the TON price could rise to $10.
If the Ethereum-based project releases a major update or announces a major investment like Pantera Capital or partnerships, the price of the TON cryptocurrency could surge and could reach a maximum price of $14.20 by the end of 2024.