As another week has just begun in the cryptocurrency sector, the majority of assets have entered into a bullish frenzy, many of them recording significant gains across multiple time charts, with some showing better investment potential than others while still being available below the low price of $0.10 apiece.
In this context, Finbold has analyzed the cryptoverse to arrive at a list of three such investment opportunities that are currently changing hands at less than ten cents per wholecoin but could represent an excellent purchase decision for crypto traders and investors this week.
#1 Dogecoin (DOGE)
On the brink of reaching and surpassing the coveted $0.10 price threshold is the popular puppy-themed meme crypto asset Dogecoin (DOGE), which is demonstrating bullish momentum and a 24-hour relative strength index (RSI) above 70, coinciding with a major core upgrade announcement.
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Currently, Dogecoin is trading at the price of $0.09496, indicating a 12.18% gain on its daily chart, with a 9.43% advance across the previous seven days and a growth of 19.06% in the last month, according to the latest information obtained by Finbold on February 27.
#2 Floki (FLOKI)
Meanwhile, Dogecoin’s competitor Floki (FLOKI) is another crypto asset benefitting from the renewed meme coin mania in combination with the latest announcement of an additional $10 million in funding from DWF Labs, a leading digital asset market maker and Web3 investment firm.
In terms of price, Floki was at press time changing hands at the price of $0.00004735, making an impressive rally of 31.16% in the last 24 hours, adding up to the gain of 36.52% across the past week and an even more significant increase of 65.26% on its monthly chart.
#3 Gala (GALA)
Finally, Gala (GALA) is another token under $0.10 that is turning into a star of the crypto industry thanks to the formation of a bullish chart pattern that hints at increased investor confidence and a potential climb to the $0.05, provided it manages to flip the resistance at $0.036 into support.
For now, the price of Gala presently stands at $0.03392, which represents an increase of 3.01% on the day, along with an advance of 22.24% on its weekly chart, as well as a 47.47% in the last month, as per the most recent information on February 27.
Conclusion
Overall, the listed crypto assets represent an optimal opportunity for investment in the week that is unfolding, provided they retain their positive technical foundations and don’t meet any significant obstacles that would force bearish pressure on them. However, doing one’s own research is still critical.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
