The post These Low-cap Altcoins To Surge 5x-10x In 2024? appeared first on Coinpedia Fintech News
As the price of Bitcoin stabilizes above the $60K level, the crypto market has displayed a steady price action for the first time in days. Moreover, the altcoin leader, Ethereum price has successfully regained momentum by reclaiming the $2.65K mark.
On the other hand, lesser-known altcoins have gained significant attention from the crypto space during the recent market turmoil. This has resulted in many crypto tokens recording a multi-fold surge in their respective valuations.
Dive in as, in this article, we have uncovered the research of the top 3 low-cap altcoins that have the potential to record a surge of up to 10X in their respective portfolios during the upcoming crypto bull market.
Neiro Ethereum (NEIRO) Displays A Neutral Price Trend
Despite recording a correction of 33.89% within the past seven days, this altcoin has surged over 820% during the past month. This highlights a strong long-term bullish sentiment. Further, with a trading price of $0.12171 and a circulating supply of 1 Billion tokens, it has a market cap of $120.53 Million.
The technical indicator, MACD has displayed a constant flatline with a neutral trend in its averages. Further, the SMA displays a negative trend, suggesting uncertainty in the future price action of this memecoin in the crypto space.
If the market pushes the NEIRO price above its resistance level of $0.13640, the bulls will regain momentum and prepare to test its upper resistance level of $0.18975 in the coming time. Conversely, a bearish action could result in this altcoin plunging toward its low of $0.0980.
Sun (New) SUN Reclaims $0.025 Mark For The First Time Since December 21!
The SUN price has jumped over 20% in the past 24 hours with a trading volume of $354.90 Million. Further, it has added approximately 200% in the past seven days and has surged 212% this year. Moreover, with a market cap of $268.76 Million, it has secured the 182nd position.
The Relative Strength Index (RSI) has displayed a sharp rise in its SUN price chart. This has resulted in it breaching its overbought range in the 1D time frame. Moreover, it has continued to display an uptrend, suggesting that the Sun (New) price will continue gaining value in the coming time.
Maintaining the price above its support level of $0.02345 will set the stage for this altcoin to head toward its upper resistance level of $0.0340 during the upcoming weeks. However, if a trend reversal occurs, it will retest its low of $0.0180.
SUNDOG (SUNDOG) Price Action
This Tron-based memecoin has taken the crypto market by storm. The SUNDOG price has recorded a jump from $0.002 to $0.20 this month. This makes it the first crypto token of the year to record a 100X surge in a month.
Notably, this altcoin has surged 347% in the past 5 days and has a weekly return of 205%. Further, it recorded an All-time High (ATH) of $0.2706 on 21st August and is presently trading at a discount of 30.53% from it.
With a trading price of $0.1919 and a circulating supply of 999,345,445 SUNDOG tokens, it has secured the 231st position with a market capitalization of $192.213 Million.
