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Crypto Market Update: NEAR Leads AI Altcoins Higher Thanks to Nvidia’s Earnings Boost

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The spotlight turns to NEAR as it drives a surge in AI-related altcoins, propelled by Nvidia’s strong earnings report. A deeper look reveals which other coins are poised for an upward trajectory. With market dynamics shifting, investors are closely monitoring these promising digital assets. Discover the key players ready to capitalize on this momentum.

$BLASTUP Token Awaits 100X Surge, Powering Fastest-Growing Launchpad

$BLASTUP, the native token of BlastUP, is quickly becoming a standout in the crypto market. Built on Blast, the only Layer 2 blockchain offering native yield for ETH and stablecoins, BlastUP is on a mission to supercharge crypto startups from day one — and it’s already delivering. In just a few months, BlastUP has launched multiple successful IDOs, attracted over 20,000 holders, and raised $8 million.

The current price range for BLASTUP is between 0.03045 and 0.04109. In a week it showed an increase of 60%. The 10-day EMA line at 0.03729 indicates the possibility of a further increase in the short term. The bullish outlook is also supported by the Momentum indicator at 0.01690. The RSI reading near 38 shows that the token might be oversold currently, meaning that the reversal is coming soon, so now is the most opportune time to buy the dip. 

As BlastUP forges ahead, it remains focused on building a global hub for the Blast community, committed to supporting early-stage startups. Its community-centric approach and drive for innovation are key factors in its rapid rise, benefiting all participants in the ecosystem.

>>Fuel Your Portfolio with $BLASTUP Before Altseason Approaches<<

$BLASTUP token lies at the core of the platform and boasts high utility. It is packed with many benefits for its holders:

– Staking rewards with an eye-catching APR of up to 24% – Exclusive access to IDOs, offering early investment opportunities in hot new projects – Loyalty perks and exclusive allocations from projects launching on BlastUP.

$BLASTUP recently launched on MEXC and Bitget, with plans to join tier-1 exchanges soon. These new listings increase market exposure, making $BLASTUP more attractive to a broader audience of investors.

As BlastUP’s ecosystem continues to grow, so does the demand for its token. Analysts are already predicting a potential 1000% surge in value by year-end, as more projects and users flock to the platform.

For those looking to get in early on a high-growth, high-utility token, $BLASTUP is the one to watch.

>>Stake, Earn, and Grow with $BLASTUP – Aim for Future 100X Returns!<<

ICP Struggles to Maintain Momentum, Unclear if It Will Rally or Fall

Internet Computer (ICP) is currently priced between $7.35 and $9.32. It’s facing resistance near $10.12 and support at $6.18. Over the past week, the price has dropped 2.62%, with a more significant decline of 11.54% over the past month. A six-month view shows a substantial fall of around 40.94%. Short-term indicators show mixed signals, with the RSI at 46.75 and MACD close to zero. The Stochastic index is at 57.84. ICP needs to break the $10.12 resistance to show any significant upward potential, which could be a 37% rise from its lower current range. Breaking the second resistance at $12.09 would mean a 65% increase. However, it’s also close to its support at $6.18, risking a fall to the next support level at $4.21.

Theta Network (THETA) Faces Uncertain Future with Downward Trend

Theta Network’s current price sits between $1.17 and $1.52, showing a questionable future. With the nearest support at $0.96, the coin risks falling further. Technical indicators like RSI at 47.08 and MACD at -0.01 suggest more downward pressure. Despite short-term support from a 10-day moving average of $1.23, the six-month drop of 42.53% is worrisome. For a positive shift, THETA needs to surpass resistance levels at $1.66 and $2.01. Until then, a decline remains likely.

Will The Graph (GRT) See a Breakout or Further Decline?

The Graph (GRT) is currently valued between $0.15 and $0.19. Recent trends show a downward trajectory, falling 5.04% this week and 21.76% over the past month. Market indicators suggest a mixed future. While the 10-day and 100-day moving averages both sit at $0.15, the RSI is moderately neutral at roughly 48. The MACD level is slightly negative. GRT faces its nearest resistance at $0.21. If it breaks past this, it could climb to $0.25, marking a potential 32% increase from the current range. However, if it dips below the $0.12 support, it could fall to $0.08, a possible 47% drop.

Golem (GLM) Price Analysis: Will GLM Bounce Back or Continue to Slide?

Golem (GLM) is currently trading within a range of $0.29 to $0.35. It faces resistance at $0.38 and support at $0.26. Over the past week, it has dropped by nearly 10%, and in the past month, it has decreased by 13%. The 10-day and 100-day Simple Moving Averages are $0.28 and $0.29, respectively, indicating stagnation. The Relative Strength Index (RSI) sits at 49.56, signaling a balanced market, while the Stochastic at 65.94 hints at potential upward momentum. However, the MACD level of -0.001 suggests bearish sentiment. In the short term, GLM could test $0.38, but if selling pressure continues, it might fall to the $0.26 support. Long-term trends appear weak, with a 46.55% drop over six months showcasing significant losses.

Conclusion

ICP, THETA, GRT, and GLM show less potential in the short term. The standout is BLASTUP. Its unique concept and integration within the Blast ecosystem contribute to its high potential. The ongoing bull run in 2024 adds momentum, making BLASTUP the focus for investors.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

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