Recommended recent rising assets:
HBAR
Hedera (HBAR) is currently in a favorable position, as both the fundamentals and technical analysis paint a bullish outlook for the cryptocurrency. From a fundamental perspective, Bloomberg analysts predict that the Hedera ETF may be approved before the Solana and XRP ETFs.
From a technical analysis standpoint, cryptocurrency analyst Globe ofCrypto indicates that Hedera appears well-prepared to break out of a bullish triangle flag. The analyst adds that a successful breakout could bring a bullish wave of 40% to 50% for HBAR prices in the short term.
ONDO
Not much explanation needed, said too many times, RWA track, backed by Wall Street's large capital, an emerging track for 2024, Trump holds a position.
ALGO
Algorand (ALGO) has surged over 70% in the past month and over 160% in the past six months. Although it has recently dropped about 17% in the past week, the token is still trading in a favorable range. The recent resistance level is at $0.57; breaking this level could push the price towards the next resistance level of $0.71. The relative strength index is close to neutral at 44.66, indicating upward potential. The 10-day simple moving average is at $0.37, and the 100-day simple moving average is at $0.41, showing strong upward potential for Algorand in the anticipated altcoin season.