Analysts forecast that five cryptocurrencies are set to smash their previous records in the last quarter of 2024. As the digital currency market heats up, these coins are gaining traction and could reach unprecedented levels. Find out which cryptos are on the rise and what factors might propel them to new heights soon.
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Wormhole (W) Eyes Resistance After 52% Monthly Gain
Wormhole (W) is trading between $0.28 and $0.35. After gaining over 50% in the past month, it has dipped about 4% this week. The nearest resistance is at $0.39; breaking this level could push the price toward $0.46, an increase of around 30% from current levels. Support levels are at $0.25 and $0.18. The 10-day simple moving average is $0.29, slightly below the 100-day average of $0.31, suggesting short-term weakness. The relative strength index stands at 46.68, indicating neutral momentum. The MACD is nearly flat at -0.003. If buying momentum picks up, W could rise toward resistance levels, but without it, the price might test support areas.
Ethena (ENA) Shows Strong Recovery with Potential for Further Growth
Ethena (ENA) has seen significant price movement recently. In the past month, its price jumped over 90%, and in the last week alone, it increased by nearly 50%. Currently trading between $0.29 and $0.40, ENA is approaching its nearest resistance level at $0.44. The Relative Strength Index is at 51.27, indicating neutral momentum. If ENA breaks through the $0.44 resistance, it could rise to the next resistance at $0.55, which would be an increase of about 25% from $0.44. However, if it falls below the support at $0.21, the next support is at $0.10. The Moving Averages show the price is slightly below the 100-day average, suggesting room for growth.
Aptos (APT) Gains 77% in a Month: Will the Uptrend Continue?
Aptos (APT) has surged recently, showing a 77.30% increase over the past month and a 19.14% rise in the last week. The price currently ranges between $8.57 and $11.13, nearing the nearest resistance level at $12.05. Both the 10-day and 100-day simple moving averages are around $10, indicating a steady trend. The Relative Strength Index (RSI) is at 54.85, suggesting the market is neutral—neither overbought nor oversold. If APT breaks through the $12.05 resistance, it could aim for the next resistance at $14.62, which is about a 31% increase from current prices. However, if it fails to surpass $12.05, the price might dip toward the support level at $6.93.
Aave Gains Over 10% in a Week, Eyes Resistance at $170.19
Aave’s price has risen over 11% in the past week and over 10% in the last month, showing strong momentum. Currently trading between $141.75 and $162.54, the coin is approaching its nearest resistance level at $170.19. If it breaks this level, the next target could be $190.97. The relative strength index sits at 46.13, indicating neutral momentum. The MACD is slightly negative at -0.50, suggesting possible consolidation. With a recent 6-month gain of over 81%, Aave shows potential for further growth. Traders may watch the support at $128.62 and resistance at $170.19 for cues on the next move.
Conclusion
In conclusion, while W, ENA, APT, and AAVE show potential to reach new highs by Q4 2024, their short-term growth may be limited. CYBRO, however, stands out as a remarkable opportunity for investors. This advanced DeFi platform enhances earnings through AI-powered yield aggregation on the Blast blockchain. With benefits like attractive staking rewards, exclusive airdrops, and cashback on purchases, CYBRO provides a superior user experience with seamless deposits and withdrawals. Its focus on transparency, compliance, and quality has attracted strong interest from prominent figures in the crypto community. CYBRO offers unparalleled opportunities for investors aiming to maximize their returns in the evolving market.
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