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4 popular cryptocurrencies are about to explode with 100x potential in the bull market

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Release: 2024-03-08 10:01:06
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With Bitcoin surging to unprecedented heights, attention has turned to altcoins that promise staggering returns and may even surpass Bitcoin’s massive growth.

The 4 cryptocurrencies that are bargain hunting in the bull market are about to explode with 100 times their potential!

CHZ

This one is from the sports sector, Every year before something happens in sports and football, there is a good wave of promotion. And there is hype for the European Cup in June this year. Therefore, I waited for the two integer positions of 0.1-0.12 to ambush. Since I had been waiting for the integer of 0.1 before I got on the car, the next ambush method was also different.

You can enter part of this position at 0.13-0.14. Don’t take a heavy position. Make a bottom position first. There are many sports events in the second half of the year, such as the European Cup, America’s Cup, Olympic Games, etc. 2.0 Token Economics has also been announced, reducing CHZ The inflation rate and the implementation of the token destruction mechanism are also very strong, with the first target of 0.19.

For CHZ, if the integer reaches 0.12, it will consider adding two levels of positions. If it reaches 0.1, it will consider adding one level of positions, which is three levels of positions. Everyone’s allocation of positions It’s different. If you plan it yourself, if you receive it, your goal will be to double the principal, and the stop loss will probably be a stop loss of 0.09.

If CHZ breaks 0.09, it proves that the market and the entire market will undergo a correction. If it is not a single fall, we can also pick it up at a low level. Looking back on the history of past years, CHZ has been the brightest performer in football-related events.


4 popular cryptocurrencies are about to explode with 100x potential in the bull market


#CFX

Hong Kong concept: $MASK, $CFX Since the beginning of last year, Hong Kong’s attitude towards this area.

Coupled with the approval of the ETF this time, I feel that the Hong Kong sector can make bigger moves. At the same time, there is action on the $MASK chain, and the chips are relatively concentrated. Hong Kong leader, Murong Suiyu, has been saying that there will be a Hong Kong carnival in April of 2024 at the end of last year, and CFX has also been bottoming out. Let’s talk about CFX’s logic:

1: Conflux’s Bitcoin L2 test network is expected to It will be deployed in March, and the mainnet is expected to be deployed in May.

2: Hong Kong Web3 Carnival on April 6~8, 2024. The Hong Kong concept may be hyped again in March just like in 2023.

It is estimated that before the subsequent Hong Kong Carnival starts, the Hong Kong sector will improve. Lina and ACH are both Hong Kong sectors. Everyone should add their own selections. When ambushing, be sure to watch the K-line. You can make a bottom position if there is a pullback. !

The current situation is that those with short positions must find opportunities to get on the bus. Those who already have bottom chips should be cautious!


4 popular cryptocurrencies are about to explode with 100x potential in the bull market


#AVAX

Even Even if you are not interested in Avalanche (AVAX-USD), you may want to keep an eye on it as it can provide a barometer for the performance of other popular altcoins. Currently, AVAX is trading at $39.22, up nearly 6% in the past 24 hours. That reduced its losses over the past week to just below parity.

Looking at the price chart, Avalanche initially entered a correction phase after being slightly overbought. However, AVAX rebounded from its 50-day EMA, which should encourage bulls. Additionally, the coin is trading significantly above its 200-day moving average of $22.98. However, common risk factors affecting many other cryptos remain relevant to Avalanche: Trading volumes have been falling since December, raising questions about upside viability.

AVAX enjoys significant support from $32.47 to $37.82. So unless something crazy happens, I don't expect a drop to $32. However, AVAX will face upside resistance between $40.43 and $44.41.

The good news, of course, is that if Avalanche can clear resistance, $50 should be a foregone conclusion. Like I said, stay tuned to AVAX.


4 popular cryptocurrencies are about to explode with 100x potential in the bull market


#Fantom (FTM)

Fantom (FTM) plays a key role in the cryptocurrency space, especially in the DeFi (decentralized finance) space. It is a smart contract platform that provides DeFi services to developers and has competitive advantages such as fast transaction speeds.

Given the solid fundamentals mentioned above, Fantom is one of the best coins to invest in. Moreover, it has also performed well after the rise of the cryptocurrency market. Reflecting the market as a whole, prices have embarked on a bullish path and are expected to rise further.

More importantly, the sharp decline from the all-time high (new high) left ample room for growth. As a result, Fantom is expected to rise at least 10x by the end of the year


4 popular cryptocurrencies are about to explode with 100x potential in the bull market

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source:zhihu.com
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