Best Cryptos to Buy Before the Real Bull Run for 25-50X Gains This Year

5 months ago 44
crypto-bull-run

The post Best Cryptos to Buy Before the Real Bull Run for 25-50X Gains This Year appeared first on Coinpedia Fintech News

Investors are eyeing the current market with anticipation as signs of a significant uptick in cryptocurrency values emerge. With the potential for substantial gains on the horizon, the quest for cryptocurrencies poised to see sizable increases is more urgent than ever. The following analysis highlights a selection of promising cryptocurrencies that could lead the charge, offering a chance for exceptional returns in the coming months. This insightful guide aims to arm readers with the knowledge needed to make informed investment choices ahead of the impending surge.

BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space

Presale tokens are immune to the market’s wild swings with their price pinned to a certain level. Predictability is one of the key benefits of presale projects such as BlastUP.

BlastUP is the first launchpad on Blast, the only Layer 2 solution with native yield for ETH and stablecoins. In just a few weeks of its presale, this platform has raised over $6 million which speaks much for its wide recognition among savvy investors.

The presale of BlastUP tokens is underway, offering a decent chance to invest in a promising asset at a low price.

Those who buy BlastUP tokens at this stage gain exclusive access to an Airdrop distributing a portion of free tokens. Besides, they can get extra rewards through staking.

BlastUP is committed to fostering a robust community with the Blast ecosystem where everyone benefits from mutual growth. With ambitious plans to combine AI and Web3 tools, BlastUP aims to create a truly rewarding and safe environment for smooth DApps launches.

BlastUP is on the rise, fueling crypto startups with a community-first vibe and innovation at its heart. It is quickly becoming the go-to hub in the Blast ecosystem, with big plans through 2026.

Polygon (MATIC) Price Movement and Forecast

The price of Polygon’s MATIC token is currently between $0.63 and $0.74, with a downward trend over the past week, showing an 8.86% drop. Over the past month and six months, the price has fallen by 12.55% and 27.12% respectively. Even with this recent drop, the token’s price still holds above the nearest support of $0.59. If it breaks this level, it could head towards the second support at $0.48. On the upside, resistance levels to watch are at $0.82 and $0.93. MATIC prices are showing a blend of impulsive and corrective moves within its current price range. The Relative Strength Index is neutral, hinting that there isn’t a strong momentum in either direction right now.

Internet Computer Price Movement and Outlook

The Internet Computer coin, also known as ICP, has been fluctuating in the current price range of $10.93 to $13.29. Over the past week, ICP has seen a decrease of about 9.61%, while the one-month performance shows a larger decline of 15.15%. However, evaluating the price changes from a six-month perspective, ICP shows impressive growth with a 175.41% increase. The RSI at 48.01 indicates that the coin is neither overbought nor oversold, suggesting a more balanced market sentiment. Considering the technical indicators, ICP appears to be moving in a corrective phase following its recent upward trend. Looking ahead, a push past the nearest resistance of $14.84 may suggest a return to bullish momentum.

Render Crypto Gains Momentum as Prices Climb

Render (RNDR) has seen significant growth recently. Its current price dances between $9.63 and $11.81. The coin has overcome past hurdles and is now eying the next resistance level at $12.80. If the momentum holds, we might see a test of the second resistance at $14.98. On the downside, if prices drop, the nearest support is at $8.44, followed by stronger support at $6.26. Over the last week, the price jumped by 14.04%, and looking at the past month, it skyrocketed by 37.81%. An impressive six-month surge brought a 401.22% increase. The coin’s moves are impulsive, driven by a strong uptrend. The simple moving averages signal a positive scenario with the short-term 10-day average at $11.24 above the 100-day average at $10.99. The RSI at 57.49 suggests that RNDR is not overbought, while the Stochastic at 74.03 is trending towards upper ranges, indicating bullish sentiments. The MACD at 0.11 adds to the positive outlook, implying that the current momentum may be sustained.

Chainlink Price: Analyst’s Quick Take

Chainlink has been going through ups and downs, currently sitting between $12.84 and $14.72. The coin is fighting with a nearby resistance at $15.88. If it drops, it might find help at $12.12. Looking ahead, another push could meet a barrier near $17.77. The coin is balancing between gains and losses which shows in its recent price changes: down 6.19% in one week, down 10.94% over the past month, and a slight 3.27% slide in six months. The moves of LINK seem mixed, it’s not clearly on an up or downtrend. Technical indicators like the RSI near 51 suggest neither overbought nor oversold, and the MACD just above zero doesn’t give a strong trend signal either. Overall, Chainlink is in a somewhat hesitant phase with no clear indication of an impulsive or corrective move at this time.

Conclusion

Investors looking for significant gains this year might consider a range of cryptocurrencies. However, coins like MATIC, ICP, RNDR, and LINK may offer less potential for quick, large profits. In contrast, BlastUP stands out with the greatest potential for rapid growth. This is due to its innovative concept and its integration within the broader Blast ecosystem. Targeting this project could be a strategic choice for those seeking notable returns in the current bull run.

Read Entire Article