Three lesser-known cryptocurrencies are catching the attention of savvy investors due to their significant discounts and promising future. These altcoins are poised for remarkable growth in 2024, potentially offering returns up to 55 times their current value. This report highlights which coins could be the next big players in the crypto market, intriguing those looking for lucrative opportunities.
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Starknet (STRK) Wavers Near Support, Bulls Hope for Rebound
Starknet (STRK) is trading between $0.56 and $0.66. The bulls appear weak with the coin down nearly seven percent in the past week and over twenty-six percent this month. Yet, it is still up over one hundred sixty-four percent in six months. The nearest support level is at $0.51, while resistance is at $0.70. The RSI stands at just above middle range, close to fifty-eight. The Stochastic is high at ninety-six, suggesting a potential overbought condition. If bullish momentum picks up, STRK could climb up to the second resistance at $0.80, a potential increase of about twenty percent from the current range.
Ondo (ONDO) Shows Signs of Potential Rebound, Bulls and Bears in Tug-of-War
Ondo’s price currently sits between $1.01 and $1.15, indicating a cautious market atmosphere. Despite recent dips—with a one-week decrease of around 6.5% and a monthly fall nearing 20%—Ondo has shown significant growth over the past six months, up by more than 270%. The RSI of 65.51 suggests it’s bordering on overbought territory, while a high Stochastic level at nearly 96 points to possible price corrections. Support is found at $0.94, with stronger resistance at $1.21. If bulls reclaim control, Ondo might push to $1.35, aiming for a 17% increase from current levels. The market’s tug-of-war keeps traders on their toes.
Are Bulls or Bears in Charge of Arbitrum’s Price Movement?
Arbitrum (ARB) currently trades between 74 and 83 cents, showing mixed signals. Bulls seem uncertain as the price sits below the 86 cents resistance level but above the 68 cents support level. The one-week price has dropped over 2%, and the one-month change is down almost 12%. However, the 10-day average price is higher than the 100-day average, suggesting some short-term bullishness. With an RSI of 64.26, ARB isn’t yet overbought but is close. For a breakout, ARB needs to clear 86 cents first, potentially reaching 95 cents, which would be a rise of about 14%. A dip below 68 cents could see it fall another 11% to 59 cents.
MANTRA (OM): Bears Dominate as Bulls Lose Steam
MANTRA (OM) is currently trading between $1.16 and $1.52. Bears seem to have the upper hand recently. The price has dropped about 7% in the past week, despite a strong growth of over 61% in the last month and an impressive 1090% surge in six months. If the coin breaks past the $1.64 resistance level, it could climb to nearly $2, a possible rise of around 30%. However, if it falls below the $0.93 support level, it could drop by roughly 50%, heading towards $0.58. For now, the battle between bulls and bears continues with bears in slight control.
Conclusion
STRK, ONDO, ARB, and OM have less potential in the short term. BLASTUP, on the other hand, stands out in the current market. Its concept and association with the Blast ecosystem make it a standout choice. The project’s unique features and integration within this established framework give it the highest potential for significant returns. As the market continues its upward trend, BLASTUP is positioned as the most promising investment.
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