Pyth Network (PYTH)
Trading between $0.2327 and $0.2979, PYTH presents an interesting opportunity for traders as it approaches the key resistance at $0.34. With support firmly established at $0.21, PYTH has shown resilience despite falling 4.14% in the past week and 11.37% this month. The neutral momentum indicated by the RSI and Stochastic suggests that the coin is preparing for its next move. If PYTH can build momentum, it could see an impressive 35% increase to $0.40, signaling a strong recovery path ahead. While the long-term trend reflects a 69.69% drop in six months, a potential comeback is ahead for strategic investors.
Artificial Superintelligence Alliance (FET)
Fluctuating between $0.96 and $1.40, FET is offering traders a chance to gain as it looks to break above the next resistance level at $1.65. Despite a modest 4.60% drop last week, FET has surged 21.40% over the past month, showing continued recovery potential. If FET can break above $1.65, the price could rise to $2.09, a promising 25% gain with a potential upside of up to 93% from the current range. With the RSI reflecting balanced momentum, FET is in a position to see further positive action, making it an attractive asset for traders eyeing significant upside.
The Graph ($GRT )
Currently trading between $0.1251 and $0.1628, but showing signs of a potential reversal. Despite the recent bearish check and a decline of 8.64% over the past week and 9.02% over the month, GRT’s RSI near 48 signals a balanced market with room for upside. The coin is supported at $0.1121 and has a key resistance level at $0.1873. A break above this resistance could trigger a rally, with the next target at $0.2249, representing a significant potential gain of 74% from current levels. Despite the bearish market sentiment, a strong recovery could be ahead for GRT.
Io.net ($IO )
Having traded between $1.08 and $2.02, it shows mixed sentiment but still offers huge upside potential. With a six-month surge of over 2,500%, IO remains a high-growth asset and if bulls regain control, the price could surge 80% to hit the next resistance at $3.60. The coin’s 10-day and 100-day simple moving averages at $1.61 and $1.53 indicate consolidation, signaling that IO is gearing up for its next leg up. Although the market is cautious due to recent volatility, the upside momentum remains significant for those watching for the next breakout.
Jupiter ($JUP )
It is trading between $0.63 and $0.85, with significant upside potential. Its immediate resistance at $1.00 is within reach, and a break could take JUP to $1.23, a potential 75% increase from its current price range. Despite being down 23% this month and down 5.7% in the past week, the stability shown by the 10-day and 100-day moving averages at $0.71 provides a solid foundation for future growth. With an RSI of 47.26, JUP is on the verge of accelerating, making it a promising option for traders looking for a strong reversal in the near term.
Conclusion
PYTH, FET, GRT, IO, and JUP are worth keeping an eye on. Each coin has strong growth potential in September. Their unique features and current trends make them attractive investment options. With the current bull run in 2024, these coins offer a promising opportunity to double your investment. Careful monitoring and timely decision making can maximize profits.
This is not investment advice, this is useful information!!!
