$SUI Which coins can you consider buying for the long term? And at what prices is it better to enter?
Well, one of the promising coins I consider is SUI, which has reached the psychological mark of $1 ✔️
In fact, the coin is in a corrective move and it is also moving within an ascending channel. Where the lower boundary is $0.78 at the intersection with the deep level of the Fibonacci retracement.
🫱 It's here that we should consider buying and adding positions. It's desirable on the confirmation of the rebound to the upside.
The growth potential is maintained to the upper limit of $2.5, which is more than 200% of the net movement.
The price is moving within the descending channel, and it's now short-term correcting the last decline near the upper boundary. This means it's most profitable to open a short position 👇
It's also worth considering that BTC is now heading for a retest of $60,000. A rebound will lead to a continuation of the decline in the market.
#BTC🔥🔥🔥🔥 Standard Chartered predicts that Bitcoin could surge to around $250,000 by the end of 2025, fueled by strong capital inflows into ETFs.
Standard Chartered has revised its Bitcoin price prediction, hinting at a bullish future for the cryptocurrency. Presently, they believe BTC could reach a staggering $150,000 by the end of 2024, marking a significant increase from their previous forecast.
Looking further ahead, Standard Chartered suggests that Bitcoin could skyrocket to around $250,000 by the end of 2025 before stabilizing. This surge is anticipated to be driven by a combination of strong ETF capital inflows, interest from reserve managers, and the upcoming Bitcoin halving event, which traditionally has positively impacted the cryptocurrency’s value.
Regarding Ethereum, the bank is also optimistic, expecting it to reach highs of $8,000 by the end of 2024 and $14,000 by the end of 2025. These predictions hinge on the possibility of the U.S. Securities and Exchange Commission (SEC) approving Ethereum ETFs, which could lead to an explosive price rally similar to what has been witnessed with Bitcoin.
Analyzing Bitcoin’s future based on its chart, we can observe robust performance. Key support levels to monitor for Bitcoin in this bullish scenario may hover around $53,797 and $45,885, corresponding to the 100-day and 200-day moving averages, respectively.
On the other hand, the resistance level to break for further growth is around the recent high of approximately $70,000. A successful Bitcoin consolidation above this level could push the digital gold’s value higher due to market stability.
It’s important to remember that while the bank’s predictions and technical analyses can provide insightful perspectives on potential price fluctuations in the future, the current market is highly volatile, and each strong upward movement can lead to a sharp correction, potentially nullifying your profits. Exercise caution and refrain from overleveraging.
Top 5 Budget-Friendly Altcoins Under $0.10 to Consider
1. VeChain (VET)
VET recently proved its ability to deliver notable gains in a bull market by rallying 94% in three weeks. This bullish rally occurred between January 24, when VET traded at a low of $0.0265, and February 16, when it soared to $0.051. prominent analysts in the crypto community, believe VeChain is on a path to $0.7 this season. While this figure represents a potential 1,629% gain, analysts like EGRAG believe VET’s destination could be a more ambitious 14,600% rally to $2.5.
2. Gala (GALA)
Given its prominence in the sectors, the token has been a standout performer in the last 30 days. In particular, GALA has soared from $0.02639 to a new yearly high of $0.08199. This translates to a staggering 210% gain in under four weeks.
At press time, GALA trades at $0.05465 amid a 13.3% drop in the last seven days.
3. Celer Network (CELR)
Celer Network (CELR) is a crypto project facilitating seamless access to DeFi, NFTs, GameFi, and governance across various chains with just one click. At the time of this report, CELR exchanges hands at $0.0295, having declined by over 3.34% over the past day. Despite the recent market downturn, CELR maintains a 23% gain from its 30-day bullish trajectory.
4. Helium Mobile (MOBILE)
it relies on the Solana Blockchain as its underlying framework. Its affiliation with Solana has likely bolstered the performance of its native token, MOBILE.
In particular, MOBILE canceled a leading zero in under two weeks in December 2023. It soared aggressively by 2,730% from $0.0002412 on December 5 to $0.006828 by December 19.
5. IQ Token
Meanwhile, the IQ Token is another fast-growing project that has already attracted the attention of crypto market participants in this bull run. Amid the recent dip, IQ maintains a 97% gain in its 30-day trajectory.
Like MOBILE, IQ canceled a leading zero within 30 days by exploding by over 200% between late February and early March. At press time, it trades at $0.01454.
$Hold this coin even if it's for $5 and be patient with it but if you can trade be patient also but don't put to much of your investment because i said so. #DYOR before making any move.
HOLD OR TRADE my Advice is $5 but if you can afford more than that I'm happy 😊 for you
Coin = XEC/USDT
TRADING = LONG✅✅✅ ENTRY MARKET PRICE LEVERAGE 10X or 20X
Altseason 2024: Top Altcoins to Consider For Quick Profits in March
Bitcoin rose for the sixth day in a row on Thursday, reaching over $62,000 for the first time since November 2021, boosted by flows into new US spot bitcoin exchange-traded funds and ahead of the next halving in April.
The Total crypto market cap has surpassed $2.3 trillion as a result of recent rises made by Ethereum (ETH), Cardano (ADA), Solana (SOL), and Dogecoin (DOGE). However, with a significant Altcoin season on the horizon, based on technical and fundamental analysis, below are the best bet Altcoins for massive gains in the short term.
Top Best Bet Altcoins
AVAX (Avalanche): AVAX has shown upward momentum, currently trading around $17.60. The recent surge suggests bullish sentiment, with the next potential target at approximately $17.90. Traders should consider waiting for a potential retracement to around $17.00 before considering entry.
MATIC (Polygon): MATIC is currently hovering around $14.75, with a key resistance level at $14.90. While indicators suggest favorable conditions, the recent rejection near $16.00 warrants a cautious approach.
GRT (The Graph): The Graph is trading at approximately 30.8 cents, with resistance levels at 30.8 cents and 31.6 cents. While price action has been positive, a bearish divergence on the daily chart suggests a degree of caution.
DOT (Polkadot): DOT has recently broken resistance and is trading around $8.76, with a target of $9.67. Despite bullish indicators, traders should exercise caution due to potential overextension. Consider waiting for a retracement to around $7.91.
LDO (Lido): LDO is profitable, trading around $3.62. However, traders should note a bearish divergence on the daily chart, indicating potential downside risk. A critical support level to monitor is around $3.47.
TIA (Celestia): TIA has broken out above $17.61, with potential upside targets around $22.80. While indicators suggest bullish momentum, caution is advised due to potential overextension.
3 Altcoins To Consider Buying For The Next Bull Run In 2024
A bull run is defined as a period where the majority of investors’ demand outweighs supply, buying, market confidence is at a peak and prices are rising. If in a given market you witness prices quickly trending to the top, this could be a sign that the majority of investors are becoming “bullish” which is optimistic about the price increasing further and may mean that you’re looking at the starting point of a bull market. Bitcoin Halving is fueling the next bull run to happen in 2024.
1) Cosmos (ATOM-USD) Market cap: $4.12 billion
Cosmos (ATOM-USD) is in charge of solving some slow transactions and high-cost problems. It emerged with Tendermint (software) to create an interconnected network of blockchains. ATOM – a native token of Cosmos, is a decentralized network that provides developers with open-source tools to create their own interoperable blockchains. Cosmos is working to become the “internet for blockchain”.
2) Kaspa (KAS-USD) Market cap: $3.68 billion
Kaspa cryptocurrency was launched in the year 2021 with its implementation of the GHOSTDAG protocol, working on blockDAG for fast confirmation and high block rates. The Kaspa community projects it as a cryptocurrency that unfolds the blockchain trilemma which will stabilize security, speed and scalability. In the year 2023, this project encountered transformational developments including the switch to state-of-the-art ASIC miners.
3) Stellar (XLM-USD)
Market cap: $3.26 billion
Stellar (XL,-USD) is a decentralized, public blockchain that presents developers with tools to create experiences that are more likely cash than crypto. It can be a great altcoin to add to your investment portfolio in this bull run, it is accountable for peer-to-peer connecting the world’s financial system. The biggest aim is to make money move easily and fast.
$MATIC And $LINK Investors Reconsidering to jump off for $ALGT
For Polygon, one particular concern that has plagued is the differences surrounding Launchpad sales and Staking, where an alarming 767 million Matic tokens seem to have vanished without a trace. The Polygon Foundation reportedly transferred these tokens to an account labeled “Binance 33,” further fueling suspicion and uncertainty.
As a result, the value of the MATIC token has plummeted by a significant 22%. With lingering doubts and unanswered questions, the potential for continued losses looms large, leaving investors on edge to find a better and more secure platform.
Also, Chainlink is no different. As per reports from the threat intelligence firm Arkham, the hacking collective known as Inferno Drainer successfully absconded with $900,000 worth of Chainlink’s LINK tokens from the hot wallet of a Swiss cryptocurrency investment fund towards the end of January. The attackers purportedly employed phishing tactics to obtain access to the victim’s private wallet keys, using a deceptive crypto-airdrop website in the process.
After gaining entry, they promptly emptied the wallet through two transactions by obtaining signature approvals from the compromised “Alchemist63” account. Initially, they targeted LINK tokens, draining $400,940 in the first transaction, followed by $456,400 just twelve seconds later, as the victim unknowingly endorsed both deceitful transfers.
With this, it is obvious that these coins are not safe again and investors are shifting their money elsewhere.
Algotech (ALGT), a decentralized algorithmic trading platform, just announced a remarkable achievement of securing $1.1 million in just two days of its presale. And this alone has piqued a lot of interest.
According to Algotech’s team, the project has now embarked on the public presale phase after a highly successful private seed sale. Within a mere 48 hours, the private presale garnered $1.1 million, with a staggering 55 million ALGT tokens promptly snapped up.
Despite a bearish influence, the crypto industry experienced a significant uptrend during February, with many altcoins recording a gain of over 100% in their respective portfolios and is on the verge of completing the month positively. The rising bullish sentiments indicate a sharp rise in the investor’s interest in it. This article consists top 3 altcoins that have the potential to record significant gains this week.
1) Worldcoin (WLD):
The Worldcoin price started trading in February with a price tag of $2.328 and displayed a neutral trend for a brief period, indicating a disinterest of the investors in this token. As the market volatility grew in mid-February, the WLD token displayed a notable run over the next ten days by adding approximately 291% in valuation. Currently, the WLD price is trading with a tag of $9.114, has a circulating supply of 135,247,618 WLD tokens, and a market cap of $1.238 Billion. The altcoin is predicted to test its upper resistance level of $11 by the month-end, hinting at a 20% gain over the next few days.
2) Fetch.ai (FET):
The FET token entered the second month on a bearish note by recording a loss for the first few days. However, the bulls regained momentum and recorded a jump of over 88% over the next few weeks, highlighting a strong bullish sentiment for the coin in the market. The Fetch.ai (FET) has a price tag of $1.0996, with a circulating supply of 831,852,395 FET tokens and a market cap of $931.56 Million. The current market sentiments hint at a potential 16% jump this week, making it a hot pick for this list.
3) SingularityNET (AGIX):
The AGIX token has recorded a jump of over 182% this month, making it one of the top gainers in the industry. With a circulating supply of over 1.256 Billion tokens and a market cap of $980.18 Million, the SingularityNET token is predicted to test its upper limit of $0.90 within this week.