3 cryptocurrencies under $1 to buy next week
The cryptocurrency market holds an abundance of opportunities. While the focus commonly centers on major cryptos like Bitcoin (BTC) and Ethereum (ETH), undiscovered gems are trading below the $1 threshold.
▪︎Dogecoin (DOGE)
DOGE encounters a significant obstacle at $0.087 on the weekly chart. This pivotal level is identified by the convergence of the 0.786 Fibonacci level and the 100-week and 200-week exponential moving averages (EMA). Overcoming this obstacle can propel DOGE to almost double its price, targeting $0.14, per insights shared by the crypto analyst Ali Martinez on X November 28.
▪︎Cardano (ADA)
With the observation of the 4-hour chart, the 100-EMA serves as a rebound zone for ADA, while the $0.396 level poses a strong resistance. The TD Sequential indicates a buy signal in this timeframe near the 100-EMA, suggesting another rebound. Nevertheless, it’s crucial to monitor a 4-hour candlestick closure either above the $0.396 resistance or below the 100-EMA to validate the direction of the ADA trend, as per a post by crypto analyst Martinez on November 27.
▪︎Hedera (HBAR)
Utilizing Hedera’s DLT and the open-source Guardian platform, the project automates the issuance and redemption of Renewable Energy Certificates (RECs), signaling a move toward a more efficient and transparent renewable energy market. This milestone underscores the support for Hedera from diverse industries and companies worldwide.
At the time of writing, this asset was trading at $0.06, which showcases a gain of 0.29% over the past 24 hours while losing -2.74% in its value over the past 7 days, contrary to the gains made on the monthly range, which added 17.28% to its value.
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$DOGE $ADA $HBAR