The post Must-Have Cryptocurrencies for Savvy Investors During the Bull Run appeared first on Coinpedia Fintech News
The investment horizon brightens as the bull run of 2024 takes charge, presenting a golden opportunity for investors eager to enhance their portfolios. Identifying the right cryptocurrencies becomes pivotal at this juncture. This article zeroes in on the essential picks that seasoned investors are eyeing. With a focus on potential growth and market momentum, arm yourself with knowledge on the cryptocurrencies that stand at the forefront of this exhilarating phase. Embrace the chance to dive into a curated list poised for prominence as the market thrives.
BlastUP Token Projected to Soar 1000% By Year’s End
BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users.
The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year.
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BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
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NEAR Protocol Price Fluctuation Insight
NEAR Protocol (NEAR) has seen a significant rise over the past week with a 28.85% price increase, though it dipped slightly by 4.25% this month. Its price ranged from $5.41 to $6.99 recently. Despite the one-month dip, NEAR impressively surged over a six-month period, with a 502.35% increase. It seems to be moving in an impulsive manner lately, pushing towards higher prices.
Considering the recent momentum, NEAR appears to have the potential to climb towards its nearest resistance at $7.53, if the positive trend continues. However, any falls could be cushioned by the support at $4.37. Both the moving average and RSI suggest NEAR is in a generally favorable condition, but it’s important to remember that cryptos are volatile and unexpected drops are possible. NEAR might test the second resistance level at $9.11, but caution is as always advisable.
Chainlink (LINK) Price Movement and Analysis
Chainlink’s price is fluctuating between $13.51 and $15.93. In the past week, LINK has climbed roughly 6.78%. Yet, looking back at the last month shows a drop of 25.92%. Over the last six months, however, it has gained 35.77%. The moves show a mix of short-term dips and periods of recovery.
Chainlink has potential for growth with its recent gains over six months. It faces a challenge at the $16.76 resistance level. If it breaks through, the next target is around $19.18. But if it falls, it might find help at $11.92 or even $9.50. With a balanced RSI, the outlook for LINK seems cautiously optimistic but watch for shifting market conditions.
Polkadot Price Movement: Navigating Ups and Downs
Polkadot’s price has seen some movement, currently sitting between $6.52 and $7.52. Over the last week, it crept up by 0.88%, but the past month saw a 29.41% drop. Over six months, investors saw a 63.64% gain. The price is showing a mix of impulsive and corrective moves, stuck between its 10-day average of $6.8 and 100-day average of $7.2.
The outlook for Polkadot is a balance of hope and caution. If it can break past the $7.90 resistance, we may see a move towards $8.90. However, if it fails, support at $5.90 may be tested, with a further drop possibly down to $4.90. With an RSI of 43.24 suggesting neutrality, the coin could swing in either direction. Staying informed and watchful is key as DOT navigates its volatile market.
Avalanche Crypto: A Push-Pull of Prices
Avalanche is swinging between $33.16 and $39.94 currently. In the last week, AVAX prices edged up by 1.45%. But the past month wasn’t as kind, seeing a 36.64% fall. Looking back six months, prices rocketed by 222.19%. The coin is moving with a mix of small ups and downs, suggesting a more steady, corrective pattern.
Predicting AVAX’s path blends hope with a dash of caution. The coin sits under a near ceiling at $42.73, with a stronger one at $49.51. Should it drop, $29.19 offers a cushion, and a firmer floor lies at $22.41. AVAX’s momentum hints at potential growth but also warrants a guarded approach, considering the uncertain market dynamics.
Conclusion
Investors looking for cryptocurrencies with potential in the current bull run might consider NEAR, LINK, DOT, and AVAX. However, these options may offer less short-term growth compared to a newer entrant, BlastUP. BlastUP stands out due to its innovative concept and its place within the expanding Blast ecosystem. The project shows promise and could be the top pick for investors aiming to capitalize on the uptrend in the market.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io