Bitcoin has broken through $103K and now dump. Are you sure you don't want to miss this opportunity? Altcoins are on massive discounts. Don't just focus on bitcoin. In fact, often some altcoins can increase many times more than bitcoin.
Altcoin Picks That Could Boom:
Binance Coin (BNB):BNB is the native currency of Binance, one of the world's largest crypto exchanges. With a growing ecosystem and Binance's token buyback program, BNB is predicted to continue to rise.
Why BNB?
One of the factors that can strengthen the price of BNB is its ecosystem which continues to grow. We can see that lately many traders have started to focus on airdrops, and the world of airdrops has grown very rapidly in the past year. Binance does not want to miss this opportunity, so in addition to staking Binance on launchpad or launchpool, now Binance is also giving airdrops to $BNB holders. This can clearly increase the price of BNB coins, because with the demand that continues to grow (in terms of airdrop enthusiasts), the price of BNB will be able to rise higher.
If we look, BNB is experiencing a correction to the nearest support, where in terms of SnR and trendline it looks quite strong. if it breaks down, BNB can still drop to the next support level (if). For spot users or those who like to accumulate, you can monitor the 3 price levels to collect your favorite coins.
Ethereum (ETH): Ethereum is a well-known blockchain platform that not only makes crypto transactions but also runs decentralized applications (dApps). The hot DeFi (Decentralized Finance) trend is predicted to increase the demand for ETH. In addition, some time ago when $BTC, and altcoins such as $SOL and $XRP had risen high. ETH has not shown its performance, so it is possible that the next narrative will be the narrative of ETH and its ecosystem.
Why ETH?
We know that ethereum will soon hold an Ethereum Pectra upgrade. where it will be very beneficial for developers and users of the ethereum ecosystem itself. This Ethereum Pectra upgrade aims to improve security, scalability, and network efficiency. so that it will make$ETH become a blockchain that is stronger, faster, more secure, and cheaper to use.
ETH itself is still in a bullish phase. but unfortunately yesterday it could not break out of the resistance at a price of $ 4130. and is now in a retest position. Actually, last night it was in the strong support area. and still has the potential to continue the increase, at least to the $ 3400 area. but for the long term, ETH is quite interesting to look at
AirDao(AMB): AMB is known as a Layer 1 blockchain designed to be a comprehensive and fully integrated DeFi ecosystem.
Why AMB?
We know that AMB is actually not too hype, much different from other L1s. However, I think AMB's roadmap for 2025 is quite worthy of a glance. where AMB will launch memecoin & generator coins, prediction markets, crypto farming games, and DePIN token gaming. If the roadmap is successfully implemented by AirDao, then the possibility of a price increase is very high.
We see from the AMB chart, it is still stagnant at that price. but if we look at the current price, it is quite interesting to look at. because at least once it can gain 100% from the backtest. However, if the roadmap in 2025 is successful, then it is very likely that AMB can fly even higher.
Movement (MOVE): Movement is a newly listed coin. This coin is a blockchain platform designed to increase speed, security, and efficiency in running transactions.
Why?$MOVE ?The newly listed Movement is actually still in the beta mainnet phase, so the performance of this coin is still very, very unseen. Movement is scheduled for mainnet in Q1 2025, at which time the movement dapps will be able to run smoothly, and the ecosystem of the coin can run so that the utility of the movement coin which is quite good and can increase investor interest in the movement coin.
Chart Movement cannot be analyzed in a complex way because this coin is still new. However, in a small timeframe it is clear that this movement is in a bullish phase. For coins like this movement with good fundamentals, it is likely to reach a new ATH again (DYOR)
PEPE: It is indeed just a meme coin, so it is less interesting from a fundamental perspective. However, here we will try to see PEPE from a technical analysis perspective.
Why?$PEPE ?We know Pepe is a meme coin that has no utility, but if we look at it from the demand side, it turns out that the interest in this Pepe coin is quite high. If we compare it with the supply of Pepe which continues to decrease (because it is burned), then according to the law of economics if the supply decreases and demand increases, the price will increase.
If we look at this #memecoin in a high timeframe, it is still in a bullish phase. but for the daily timeframe, it is bearish. last night it retested at the nearest support and is now going up, but be careful. there is still a possibility that it will go up only to retest to continue the decline. in my opinion it is safer to take pepe at 2 supports from below
Disclaimer:
This article is for informational purposes only, sharing personal opinions and not investment recommendations. Always do your research and consider the risks before purchasing an investment instrument (such as #altcoin ).
