Altcoins to Buy Now for Long-Term Profits!
The post Altcoins to Buy Now for Long-Term Profits! appeared first on Coinpedia Fintech News
The cryptocurrency market currently displays a sense of calm, quietly preparing for the next bull run. Altcoins remain at low prices, poised to surge at any moment. This provides a unique opportunity for those seeking long-term gains. With market conditions suggesting a forthcoming rise, this article delves into the altcoins primed for significant growth. What are the promising tokens worth considering now for future profits?
The answer lies within the upcoming analysis, detailing the coins ready to capitalize on the anticipated market upswing. Uncover the potential gems before they skyrocket and seize the chance for substantial returns.
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Ethereum’s Potential Bull Run Despite Market Turmoil
Ethereum is currently priced between $2665 and $3358.51. The recent drop in the market has not dampened the spirit of Ethereum bulls. The coin shows signs of resilience with a 6-month increase of over 19%. The price is comfortably above the nearest support level at $2398.03, suggesting strength. With a 10-day and 100-day average of around $3080, Ethereum is poised to break through the first resistance level of $3784.93.
If bullish momentum continues, it could surge toward the second resistance level at $4478.38, representing a potential increase of nearly 67% from the current range. With positive patterns repeating from 2021, Ethereum’s growth potential remains strong.
Celestia (TIA) Eyes Breakout Despite Recent Market Turbulence
Celestia (TIA) is showing intriguing price movements. Currently, it’s swinging between $4.08 and $6.21, staying close to the important support at $3.07. Despite a 21.86% drop over the last month, there’s optimism in the air. Bullish signs include a recent one-week surge of almost 34%. A breakout above $7.33 could propel it towards $9.46, a climb of over 50% from its upper current range. With patterns mimicking the bullish trends of 2021, Celestia could be gearing up for significant growth in the upcoming altcoin season.
Chia (XCH) Poised for Strong Rebound Despite Recent Market Slump
Chia (XCH) has been navigating a turbulent market, currently hovering between $15.86 and $22.4. Despite recent declines, the coin shows promise for a powerful rally. With the nearest resistance at $26.24, a break past this could see XCH aiming for $32.78. The RSI at 34.26 is near oversold territory, indicating potential for a strong bull run. If Chia overcomes its current resistance, we could witness a surge of over 40% from current levels.
The Simple Moving Averages (10-day and 100-day) suggest stability around $19.6. With bullish patterns reminiscent of 2021’s altcoin season, Chia could soon burst upwards, providing significant gains.
MANTRA (OM) Poised for Major Gains Despite Market Slump
MANTRA (OM) is showing strong resilience and potential for growth. The coin is currently trading between $0.71 and $0.97, indicating that the bulls are holding a firm position. Its nearest resistance level is at $1.08, while support is at $0.55, suggesting room for upward movement.
Over a week, MANTRA surged by almost 34%, and it has seen an astounding 1396% increase over six months. If it breaks the $1.08 resistance, it could aim for the next resistance at $1.34, which would be around a 50% rise from its current range.
Conclusion
Long-term gains appear promising for ETH, TIA, XCH, and OM, though their short-term growth may be limited. The standout, however, is BLASTUP. It shows the highest potential due to its innovative concept and its place in the Blast ecosystem. This makes it a strong candidate for those seeking significant returns.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
