Bitcoin has broken $103K and is now dumping. Are you sure you don't want to miss this opportunity? Altcoins are heavily discounted. Don't just focus on Bitcoin. In fact, often several altcoins can rise many times more compared to Bitcoin.
Altcoin Choices That Could Soar:
Binance Coin (BNB): BNB is the native currency of Binance, one of the largest crypto exchanges in the world. With a continuously evolving ecosystem and a token buyback program by Binance, BNB is predicted to keep rising.
Why BNB?
One of the factors that could strengthen BNB's price is its continuously developing ecosystem. We can see that recently more traders are focusing on airdrops, and the airdrop world has rapidly grown over the past year. Binance doesn’t want to miss this opportunity, so besides staking on Binance launchpad or launchpool, Binance is now also rewarding airdrops for $BNB holders. This clearly can increase the price of the BNB coin, as the growing demand (in terms of airdrop enthusiasts) means the price of BNB can rise even higher.
If we look at it, BNB is currently undergoing a correction to the nearest support, where from the SnR and trendline perspective it looks quite strong. If it breaks down, then BNB could still drop to the next support level (if). For spot users or those who like to accumulate, you can monitor these 3 price levels to collect your favorite coins.
Ethereum (ETH): Ethereum is a renowned blockchain platform that is not only for crypto transactions but also for running decentralized applications (dApps). The hot trend of DeFi (Decentralized Finance) is predicted to increase the demand for ETH. Additionally, recently when $BTC, and altcoins like $SOL and $XRP have risen sharply, ETH has not yet shown its performance, so there is a possibility that the next narrative will be from ETH and its ecosystem.
Why ETH?
We know that Ethereum will soon hold the Ethereum Pectra upgrade. This will be very beneficial for developers and users of the Ethereum ecosystem. The Ethereum Pectra upgrade aims to improve the security, scalability, and efficiency of the network, making$ETH a stronger, faster, safer, and cheaper blockchain to use.
ETH itself is still in a bullish phase. However, unfortunately, it couldn't break out from the resistance at $4130 yesterday and is now in a retest position. Last night it was in a strong support area and still has the potential to continue rising, at least to the $3400 area. However, for the long term, ETH is quite interesting to watch.
AirDao(AMB): AMB is known as a Layer 1 blockchain designed to be a comprehensive and fully integrated DeFi ecosystem.
Why AMB?
We know that AMB is actually not very hyped, quite different from other L1s. However, I think the roadmap for AMB in 2025 is worth considering, where AMB will launch a memecoin & coin generator, prediction market, crypto farming game, and DePIN token gaming. If this roadmap is successfully implemented by AirDao, then the potential for price increases is very high.
Looking at the AMB chart, it is still stagnant at that price. However, if we look at the current price, it is quite interesting to consider, as it could minimally gain 100% from backtesting. However, if the 2025 roadmap is successful, then there is a very high possibility that AMB could soar even higher.
Movement (MOVE): Movement is a coin that has just been listed. This coin is a blockchain platform designed to increase the speed, security, and efficiency of transactions.
Why$MOVE ?The newly listed Movement is actually still in the beta mainnet phase, so the performance of this coin is still very much not visible. Movement is scheduled for mainnet in Q1 2025, at which point Movement dapps will run smoothly, and the ecosystem of this coin can operate, thus the utility of the Movement coin is quite good and can greatly increase investor interest in the Movement coin.
The Movement chart cannot yet be analyzed complexly 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 Movement with good fundamentals, it is highly likely to reach a new ATH again (DYOR).
PEPE: Indeed it's just a meme coin, making it less interesting from a fundamental perspective. However, here we will try to look at PEPE from a technical analysis standpoint.
Why$PEPE ?We know that Pepe is a meme coin that has no utility, but if we look at it from a demand perspective, the interest in this Pepe coin is quite high. If we compare it with the supply of Pepe which continues to decrease (due to burns), then according to the laws of economics, if supply decreases and demand increases, the price will rise.
If we look at #memecoin this one in a high timeframe, it is still in a bullish phase. However, on the daily timeframe, it is currently bearish. Last night it had retested the nearest support and is now rising, but be careful. There is still a possibility that it rises just to retest before continuing to decline. Personally, I think it’s safer to take Pepe at 2 support levels from below.
Disclaimer:
This article is for informational purposes, sharing personal opinions and is not an investment recommendation. Always conduct research and consider risks before purchasing any investment instruments (like #altcoin ).
Don't have Binance yet?
Register at Binance: https://accounts.binance.com/register?ref=U20S3HEE
Code: U20S3HEE (20% gas fee discount + Active Campaign)
