The crypto market shows a steady calm, but signs suggest a looming bull run. Altcoins sit at interesting entry points, rising yet poised to surge.
The crypto market is showing signs of slowing down after a period of rapid growth. This has led to some speculation about an impending bull run, especially during the summer of 2024. Several altcoins are currently trading at interesting entry points, making them attractive options for investors seeking short-term gains.
This article will delve into the promising world of cryptocurrencies, highlighting some coins that might make waves this summer and discussing strategies for maximizing returns. We'll also uncover the best short-term picks and provide valuable insights to help investors navigate the dynamic crypto landscape.
BlastUP TGE on July 24: A Gateway to Early Gains
Early bird $BLASTUP token holders, who acquired tokens at the presale price, are eagerly awaiting the BlastUP Token Generation Event (TGE) on July 24th. This event could potentially see a 40% appreciation in the tokens.
BlastUP serves as a pivotal launchpad within the Blast ecosystem, playing a crucial role in propelling the growth of crypto startups. Having raised an impressive $8 million during its presale, BlastUP boasts a thriving community of nearly 20,000 $BLASTUP holders. With a proven track record, BlastUP has already successfully launched four IDOs, setting new projects on a course for success.
The only way to get $BLASTUP tokens at the presale price now is through the Blastbox V2. This unique loot box offers a treasure trove of privileges:
With the supply of Blastbox V2 limited to just 9,999, demand is set to skyrocket. Act fast and secure these rare loot boxes before they’re gone.
BRETT Shows Promise: Bears on the Back Foot as Bulls Eye $0.19
Despite the recent market dip, Brett (Based) (BRETT) is showing potential signs of a bullish turnaround. Trading between $0.08 and $0.14, the cryptocurrency has fended off bears at the $0.08 support level. The RSI at about 25.89 and Stochastic near 6 signal that BRETT might be oversold, indicating possible upward movement.
With a resistance level at $0.15 and a stronger one at $0.19, prices could rise by 35% to hit those targets. This aligns with a remarkable 299.07% over six months, suggesting a bullish trend despite short-term hiccups.
Bullish Signs: Worldcoin (WLD) Poised for Potential Rally
Despite a recent market pullback, Worldcoin (WLD) is showing signs of a possible uptrend. Currently trading between $1.70 and $2.05, the coin is close to its nearest resistance at $2.24. The RSI is low at 34.94, indicating it might be oversold and ready for a bounce.
Stochastic levels also support this bullish outlook. If WLD breaks past $2.24, it could surge to $2.59, a potential gain of over twenty percent. Even more promising, a return to its ten-day simple moving average (SMA) of $2.80 could offer a forty percent boost from current prices. With positive repeat patterns from 2021, this altcoin looks ready to ride the next wave.
Injective (INJ) Could Be Primed for a Breakout Amid Market Uncertainty
Injective (INJ) shows signs of strength despite the recent Bitcoin slump. INJ trades between $18.99 and $23.09, successfully rebounding 23.68% in the past week. The bulls have managed to push INJ closer to the key resistance level at $24.47.
The current relative strength index (RSI) is 45.46, suggesting room for upside momentum. If the token breaks past $24.47, it could surge toward the next resistance level at $28.57, a potential gain of over twenty percent from the current range. Given its recent recovery, INJ could lead the charge in the next altcoin season.
LayerZero (ZRO) Dormant Bulls Poised for Growth Despite Bitcoin’s Dip
LayerZero (ZRO) is holding steady, currently priced between $3.48 and $4.39. Bulls aren’t dominating yet, but bears show signs of weakening. The price is approaching the $3.94 simple moving average and could soon challenge the $4.91 resistance.
Its Relative Strength Index (RSI) is at 39.78, suggesting more room to grow. A recent one-month spike of nearly 290% hints at strong potential. If momentum builds, ZRO could climb to the second resistance at $5.83, marking a significant gain. While the MACD level of -0.0415 shows a
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