3 cryptocurrencies that can earn you $50,000 with a $500 investment! How to lay out altcoins?
SUI (SUI): Strong momentum
SUI's market cap is currently $4.1 billion. The recent rise in its share price has attracted investors' attention. The 50-200-day EMA crossover hints at a possible trend reversal.
Telegaon market analysts noted that "SUI's price may benefit from the recent surge in total locked value (TVL), which may drive it further up. Given Sui's rapid growth, this development contrasts with Solana."
Litecoin (LTC)
Founded in 2011, LTC is one of the earliest cryptocurrencies after Bitcoin. Founded by former Google employee Charlie Lee, the coin is similar to Bitcoin, but has advantages in block generation speed and transaction speed. As of January this year, LTC has a total market value of $7.3 billion and a single value of $105.
Pepe (PEPE) struggles to break out of resistance
Pepe (PEPE) recently rebounded from an important horizontal support at 0.00000701 to rise to the upper resistance of the triangle pattern at 0.00000876. The price has risen by 12.86% in a week, which is a sign of recent strength. It is likely to rise to the next resistance at $0.00000965 – about 21% up from the current high.
On the downside, support levels are found at $0.00000635 and $0.00000526, suggesting some stability below. The RSI is as high as 77.66, indicating overbought conditions, which could slow the upward momentum. The overall trend shows that PEPE is trying to move higher, but the resistance level is the key to watch.
