3 Sleeper Altcoins That Could Outpace Bitcoin!

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Following Bitcoin’s anticipated halving, experts are predicting a massive surge in its value, possibly reaching up to $200,000. Amidst this exciting forecast for Bitcoin, there are also lesser-known alternative coins quietly gearing up for significant growth. These so-called “sleeper altcoins” might soon capture the spotlight, potentially offering even more impressive returns than the leading cryptocurrency. 

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Ondo’s Strong Surge Hints Bullish Market Trend

The sharp one-month increase of over 105% makes a compelling case for Ondo’s potential. With the six-month surge of nearly 2775%, the enthusiasm could continue, pushing prices toward the second resistance level of $0.96, possibly testing higher grounds. The current price of $0.86 suggests a strong market belief in its value increase. With technical indicators such as MACD signaling a buying opportunity and a 10-day SMA at $0.73 supporting a bullish trend, the positive short-term trajectory seems supported.

However, the price could retrace towards the nearest support at $0.26 or even the second support at $0.08 in a sell-off scenario, accentuated by a Stochastic indicator suggesting a sell. Long-term prospects hinge on sustained investor interest and market adoption, which could face headwinds from broader economic factors and shifts in investor sentiment.  

Render’s Rapid Surge Sparks Market Excitement

The recent surge in Render to $11.46 reflects strong buyer interest, up 58.8% over the past month and a whopping 654.12% over six months. If this trend catches on, the next targets could be the resistance levels at $12.12 and even $13.72. However, we must be mindful of potential pullbacks to support levels at $5.09 or $2.66, especially if the market adjusts after such rapid growth.

While the all-time high of $13.75 signals the heights Render could reach, you should consider the moving averages too. The 10-day average at $11.08 hints at ongoing positive sentiment, yet the 100-day at $6.34 suggests that the current price is quite a bit above what it has been on average, which might indicate over-enthusiasm. In the long run, prices may stabilize as the market digests the recent gains.

NEAR Protocol’s Growth and Market Analysis

NEAR Protocol’s recent one-month rise of 102.21% and a six-month surge of 574.06% show significant growth, with the current price at $7.48. Support levels at $2.97 and $2.07 suggest a drop isn’t fatal. Simple moving averages signal a buy, and passing the nearest resistance at $8.49 could lead to testing the second resistance at $9.11.  

However, reaching the all-time high of $20.69773581 is ambitious. The current market shows the 100-days average at $4.16, hinting at a recent uptrend. Despite the positive momentum, with the MACD action suggesting a sell, one must consider the possibility of a pullback in the short-term.

Mantle’s Growth Continues with Bullish Indicators

Mantle has shown significant growth over the past six months with a 221.07% increase and an impressive 43.42% jump in the last month. Currently at $1.29, it’s pushing against the second resistance level of $1.27. A break past this could signal continued upward potential, bolstered by positive SMA readings indicating a buy at $0.75 and $0.88. However, considering the nearest and second support levels at $0.63 and $0.37, respectively, any negative shift could see the price retracting towards these levels.

In the short-term, with a current price higher than the simple moving averages, Mantle has room to grow, especially if the bullish MACD action to buy plays out. However, there’s a risk of pullback given the proximity to the nearest resistance level at $1.38.  

Conclusion

In summary, while the highlighted altcoins like Ondo, Render, NEAR Protocol, and Mantle have shown commendable potential and could present valuable opportunities for investors, BlastUP stands out as the most promising. With a successful $3 million presale and a solid position in the robust Blast ecosystem, BlastUP not only offers a unique concept but also the prospects of stability and growth. As the crypto horizon widens, BlastUP’s integration of AI and Web3 tools positions it as a significant player poised for remarkable success in the digital currency space. 

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

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