Short-Term Investments: Best Cryptos for Summer 2024
The post Short-Term Investments: Best Cryptos for Summer 2024 appeared first on Coinpedia Fintech News
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. Anticipation builds as investors eagerly eye potential short-term gains. Will certain cryptos make waves this summer of 2024?
This article uncovers the top contenders for explosive growth, offering insights into the best short-term picks. With the market’s pulse steady yet promising, the curated selection aims to guide investors through the promising landscape ahead. Discover which coins are set to shine this season and seize the opportunities before the market takes off.
BlastUP TGE Is Coming on July 24th: Get Ready to Soar!
Save the date! The much-awaited BlastUP Token Generation Event (TGE) is set for July 24th. Early $BLASTUP token holders, who seized tokens at the presale price, are gearing up for a potential 40% appreciation.
BlastUP is a pivotal launchpad in the Blast ecosystem, propelling the growth of crypto startups. Having raised a staggering $8 million during its presale, BlastUP boasts a vibrant community of nearly 20,000 $BLASTUP holders. With a proven track record, BlastUP has already launched four successful IDOs, setting new projects on a course for success.
Discover the Full Potential of BlastUP
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:
- Access to launchpad IDOs and exclusive rewards
- Participation in airdrops, free tokens, and NFTs
- Higher interest rates for staking $BLASTUP
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 $0.10 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, pointing to 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 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, marking a potential 40% increase 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 slight bearish sentiment, the overall growth pattern is encouraging.
Conclusion
BRETT, WLD, INJ, and ZRO have shown promise but might not offer the best returns in the short term. BLASTUP stands out with its robust concept and its link to the Blast ecosystem, making it the top pick for summer 2024. The project’s strength and innovation position it as the crypto with the highest potential for quick gains.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
