The bull run and altcoin season are on the horizon. Bitcoin appears to be targeting a remarkable $90,000, with enthusiasts and investors watching closely. The overall market remains calm, a stillness before a potential storm.
Many altcoins are currently undervalued, sitting at low points but poised to surge at any moment. As summer approaches, speculation mounts on which digital currencies will thrive in the upcoming rally.
This article delves into the factors driving Bitcoin’s upward momentum and identifies key altcoins primed for significant growth. Discover which coins could lead the charge in the impending market upswing.
CYBRO Gets on Crypto Whale’s Radar As Its Token Presale Hits $1 Million
CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is known for offering better returns on Ethereum (ETH) and stablecoins than other similar solutions. CYBRO’s main function is to help users take full advantage of this opportunity.
Currently, CYBRO is selling its tokens on presale at a low price of $0.025 each, which is 58% cheaper than the expected future price. This offers a potential ROI of 140%. Until July 15, one can further enhance their earnings through CYBRO’s referral program, which offers up to 12% commissions from referral token purchases, with weekly USDT disbursements.
As CYBRO’s presale captivates the market, surging past $1 million, there’s talk that a crypto whale might buy a significant amount of CYBRO tokens. Only 21% of the total tokens are available for this presale, and about 25 million have already been sold.
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Holders of CYBRO tokens will receive several benefits, including rewards for staking, special airdrops, cashback on purchases, lower fees for trading and lending, and an insurance program within the platform.
CYBRO aims to support crypto growth through various investment strategies within the Blast ecosystem and beyond. These strategies range from conservative to high-yield investments. The platform focuses on maximizing returns through efficient crypto transactions. Future updates include AIBroker for chatbot-assisted investments and a One-Click Investment feature for optimizing returns through integration with decentralized (DeFi) and centralized finance (CeFi).
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Ethereum Eyes Bullish Breakout Amid Market Volatility
Ethereum’s price currently sits between $3,308 and $3,585, showing potential for growth. Despite recent setbacks, with a weekly drop of over 8% and a monthly decrease of nearly 11%, ETH bulls are not out of steam yet. The 10-day simple moving average at roughly $3,376 suggests possible upward movement, while the 100-day average near $3,492 indicates long-term potential.
A breakout past the nearest resistance at about $3,750 could push ETH to the next resistance around $4,025, marking a surge of over 11%. With a six-month rally of almost 49%, Ethereum may soon reignite its bullish momentum.
Solana in the Spotlight: Are Bulls Ready to Push Higher?
Solana (SOL) has been facing a rollercoaster ride. Trading between $120.65 and $144.15 right now, the bulls seem to be struggling a bit. With the recent dip, SOL is down about 16% in the past week and 24% over the past month. However, there’s still hope for a bounce back.
The nearest resistance sits at $159.67, and a break above it could drive prices up by about 10%. If momentum builds, reaching the $183.17 mark would mean a substantial boost, nearly 30% up from current levels. The Relative Strength Index at around 40 suggests there might be some room for growth, potentially signaling a bullish turn.
Render (RNDR) Ripe for Bullish Surge Despite Recent Dip
Render (RNDR) is currently in a price range of $6.28 to $8.12, showing a mixed trend. The bulls might seem weak at a glance, with the price dropping almost 14% in one week and over 28% in a month. However, it’s important to note that over the last six months, RNDR has grown by nearly 40%.
The coin is trading close to its 10-day SMA of $6.99 and 100-day SMA of $7.43. With resistance levels at $9.22 and $11.06, a strong push could see RNDR soaring by almost 60% from its current range. If it breaks support at $5.54, it might dip, but that would also set the stage for a stronger recovery.
NEAR Protocol Poised for a Breakout as Bulls Eye New Heights
NEAR Protocol’s price is currently within the $4.52 to $5.79 range, showing mixed signals but greater bullish potential. Despite a slight weekly decline of less than 1%, NEAR has grown over 30% in the past six months. With the RSI at 66.62 and Stochastic at 88.66, the bullish momentum is evident.
If the price breaks past the nearest resistance of $6.39, it could aim for $7.67. This would represent a potential rise of approximately 33% from the current price range. With positive indicators aligning, NEAR could be gearing up for significant growth.
Conclusion
Ethereum, Solana, Render, and NEAR Protocol have shown promise but might see slower growth in the short term. The spotlight is now on CYBRO, the new player in DeFi. With its first release expected in Q2 2024, CYBRO gives early investors the chance to join its token presale under favorable conditions. As the market moves forward, CYBRO could be the key opportunity to watch.
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