Invest in these 3 cryptocurrencies to make you rich in this bull market!
TAO
TAO has been a leader in the field of artificial intelligence, often leading the market. It proved its strength with a sharp rise in price earlier this year. Those who entered the market near $200 have already made huge gains.
However, even if you missed the early entry opportunity, waiting patiently can be rewarded. Healthy pullbacks can provide good entry opportunities for a new wave of growth. TAO's advantage lies in its established leadership in the field of AI, and as the application of AI continues to grow, TAO is expected to perform well.
SUI
SUI is another L1 with high potential, but its price has appreciated significantly. Like TAO, its price action seems to be extended, which means that a pullback or consolidation may be healthy before further gains. However, it is still worth keeping an eye on potential declines, especially as its ecosystem continues to develop and gain acceptance.
AVAX
AVAX, the native token of the Avalanche blockchain, also showed extraordinary strength in October. AVAX has surged 10% in value over the past 24 hours, trading close to the critical resistance level of $30.
The continued rise in the Balance of Power (BoP) indicator adds confidence to AVAX's breakout. As of this writing, AVAX's BoP has reached 0.64, showing a significant advantage in buyer power.
Once AVAX successfully breaks through the $30 resistance level, its price is expected to surge further to $55.07.
