While Bitcoin dominates the market, other cryptocurrencies are on the verge of remarkable breakthroughs. By the second quarter of 2024, five lesser-known digital coins might experience explosive growth. These altcoins could offer significant returns and catch many by surprise. Curious about which tokens are set to soar? Read on to uncover the potential game-changers in the crypto world.
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Sui (SUI) is trading between $1.54 and $2.07, showing bullish momentum. The price has risen 11.5% in the past month and surged 64.46% over six months. The Relative Strength Index (RSI) is at 68.73, close to overbought levels, while the stochastic oscillator reads 82.11, indicating strong buying pressure. The price is near its 10-day simple moving average of $1.87. If Sui breaks the resistance at $2.39, it could climb to the next level at $2.93, potentially gaining around 40%. Conversely, dropping below the support at $1.32 might signal a downward trend. Traders are watching these levels closely for the next move.
VeChain (VET) is currently trading at around $0.02, moving within a tight range. The price has declined over the past week by almost 4% and has dropped over 14% in the last month. With both the 10-day and 100-day simple moving averages at $0.02, the coin shows little momentum. The Relative Strength Index stands just below 50, indicating a neutral market. The nearest resistance level is at $0.03, and breaking above it could signal potential growth. However, the nearest support level at $0.02 suggests the price could fall further if breached, possibly down to $0.01. The MACD Level of zero reflects the current lack of clear trend direction.
Kaspa’s price currently ranges between $0.108 and $0.136, reflecting a 29.59% drop over the past month. The cryptocurrency is hovering above its nearest support level at $0.094. Technical indicators suggest potential for a rebound: the Relative Strength Index stands at 37.85, and the Stochastic is at 14.56, both nearing oversold territory. The 10-day and 100-day Simple Moving Averages are close, around $0.119 and $0.120 respectively. If momentum shifts upward, Kaspa could target the nearest resistance level at $0.151, offering a possible gain of over 10%. Conversely, continued decline might see it test the second support level at $0.066.
TRON’s price is currently between $0.16 and $0.17, aligning with its 10-day and 100-day simple moving averages at $0.16. The Relative Strength Index stands neutral at 50.91, indicating balanced market momentum. Over the past week, TRX has risen by 3.66%, and 5.86% over the past month, showcasing modest growth. The nearest resistance level is at $0.17; surpassing this could propel the price to the second resistance at $0.18, an increase of around 6%. On the downside, support levels at $0.15 and $0.14 may cushion any declines. The slightly positive MACD level of 0.00002 hints at potential upward movement ahead.
As the bull run of 2024 unfolds, investors are looking beyond Bitcoin to find promising opportunities. While altcoins like SUI, VET, KAS, and TRX show potential, they may offer less immediate growth in the short term. CYBRO, a cutting-edge DeFi platform, presents a unique chance to maximize earnings. By leveraging AI-powered yield aggregation on the Blast blockchain, it provides lucrative staking rewards, exclusive airdrops, and cashback on purchases. CYBRO ensures a superior user experience with easy deposits and withdrawals. With a focus on transparency, compliance, and quality, it has attracted strong interest from major investors and influencers. CYBRO stands out as a promising project in the current market.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io
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