Altcoin Experts Buying TODAY! These Altcoins Will Outperform Market This Summer
part 2
Jupiter (JUP) Eyes Next Bull Run With Strong Potential for Growth
Jupiter (JUP) is making waves despite recent mixed signals. Trading between $0.65 and $0.88, bulls and bears have been evenly matched. The key resistance at $1.02 could ignite a surge, with another hurdle at $1.26 offering room for further gains.
With the Relative Strength Index at 47.77 and low Stochastic at 10.94, JUP suggests an oversold condition, ready for a bullish rebound. A 7.90% rise in the past week adds fuel to the optimism. If it breaks through these levels, JUP could see significant growth, potentially rising by more than 20% to 50% in the near term.
Sei (SEI) Shows Signs of Potential as Bulls Prepare for a Breakout
Sei (SEI) is trading between $0.31 and $0.40, showing a battle between bulls and bears. The nearest resistance sits at $0.45, and the current price is close to its 10-day and 100-day moving averages of $0.36. This indicates stable yet cautious activity.
Though it dropped over one-third in the last month, the RSI at 47.05 and stochastic at 23.62 suggest it’s not oversold. A break past the $0.45 resistance could push it towards the second resistance at $0.54, a gain of around 50%. Keep an eye on the bulls; they might be gearing up for a breakout.
Polkadot Poised for Growth: Bulls Eyeing $7.73 Resistance
Polkadot (DOT) is on the cusp of a breakout. Currently trading between $5.28 and $6.22, the bulls seem to be gathering strength. The nearest resistance level is at $6.79, a point the bulls are eyeing. If it crosses this, DOT could soar to the $7.73 mark, a potential 30% upswing from the current high of $6.22.
Recent positive movement is evidenced by a 10.82% gain this week. Despite a 15.20% drop over the past month, the Relative Strength Index (RSI) indicates bullish sentiment.
Conclusion
The coins MATIC, JUP, SEI, and DOT may show less promise in the short term. The main focus is on CYBRO, a new DeFi project.
DYOR before investing !