Bitcoin’s halving event is approaching and has historically led to significant changes in the crypto market. With the 2024 bull run gaining momentum, investors are eager to determine which cryptocurrencies can offer the most promising returns. This article provides insight into key altcoins that could benefit from the upcoming halving and allow their investors to benefit from this important market period.
BlastUP Goes Viral, Raises $4 Million in a Few Weeks
BlastUP, the leading launchpad from Blast, recently made waves in the crypto world with its stunning launch, and in just a few weeks $4 million collected. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.
BlastUP token holders, to an airdrop participation, special for participation in IDOs loyalty rewards And Earn interest through staking including the ability from a series of privileges can benefit.
BlastUP stands out from the crowd in the crypto world. Powered by Blast, the sixth largest Blockchain by TVL, this platform is being used as a launch pad for DApp startups. a real benefit offers. Slogan More BlastUP, which grows faster and earns more, blockchain is committed to increasing the success of its initiatives. Those who join BlastUP are now a part of this bull run. a candidate to be the next big thing becomes part of the project.
>> Buy BlastUP tokens before they launch <<
Polygon (MATIC) Navigates Changing Crypto Waters
Polygon (MATIC) has been declining over the past week and month, with prices declining by 11.10% and 21.66% respectively. Despite this, there has been an increase of 59.04% in the last six months. Currently, MATIC is trading between $0.96 and $1.07. Price action looks uncertain, not tied to a strong impulsive or corrective trend, hanging in the middle on the Relative Strength Index.
Looking ahead for MATIC, signs point both ways. With support at $0.91 and a second strong bottom at $0.80 potentially preventing further declines, there is room for optimism if broader market conditions support cryptos. However, resistance levels at $1.14 and $1.25 may limit rallies for now. A balanced view suggests MATIC could see gradual growth with the potential for a pullback reflecting the broader uncertain crypto market.
Optimism Crypto: Current Status and Future Prospects
Optimism’s recent price activity suggests a corrective trend following significant gains over the last six months. Currently the price fluctuates between $3.49 and $3.96. In the past week, the cryptocurrency took a 15.89% hit and is down 21.04% in the past month. However, its six-month performance shows a strong increase of 136.51%. The current price is fluctuating below key resistance and support levels and is sitting closer to the nearest support at $3.30.
Looking ahead, Optimism’s future price may see-saw between gains and pullbacks as the market digests its recent rally. While the cryptocurrency’s proximity to the support level may indicate potential recoveries, resistance at $4.24 and $4.71 poses a challenge for an upward move. The balance between buying and selling pressure reflected in the RSI, Stochastic and MACD indicators will play an important role in directing the direction of the OP in the short and medium term.
NEAR Protocol Current Performance and Outlook
NEAR Protocol has shown a mix of ups and downs recently and its price is currently ranging between $6.73 and $7.98. It dropped almost 8% last week, but is up more than 50% from a month ago, painting a brighter picture. Since six months ago, NEAR has jumped more than 500%. NEAR’s price action appears to be a mix of sometimes moving quickly and other times making smaller changes.
Near resistance at $8.67 could be a tight spot, but if NEAR gets enough push, it could attempt higher resistance at $9.91. On the other hand, if it falls, it could find a stop at $6.18 or even $4.93 if things get really tough. The mix of optimistic and cautious views suggests that NEAR’s price could see both peaks and valleys ahead.
Avalanche Current Trend and Price Forecast
Avalanche (AVAX) has experienced a huge fluctuation in its price in the last six months, rising 341.12%. While the price increased by 9.08% last month, it decreased by 13.05% last week. At the time of this writing, AVAX is trading between $51.34 and $58.12. The price seems to be in a corrective phase as the last peak has now seen a pullback. The RSI value is neutral, so the price is unlikely to move sharply in one direction soon.
Looking ahead, there is room for growth if AVAX can clear immediate resistance at $62.13, and even more if it can clear higher resistance at $68.91. However, if buyers do not step in, the price could drop to the nearest support at $48.57 or even lower support at $41.79. The fact that the stochastic value is high at 84.48 means that the price has a chance to take a breather. AVAX’s movement hasn’t been all up or down lately, and it may continue that way in the short term.
Conclusion
Choosing the right cryptocurrencies can be crucial to making profits in the crypto market. MATIC, OP, NEAR and AVAX could generate gains, but probably not in the short term. It is recommended to focus on BlastUP as it is the most promising project considering its innovative approach and place within the Blast ecosystem. The concept of this project is sound and offers a good opportunity for growth.
Website: https://blastup.io/
twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
Disclaimer: This is a sponsored content and press release and what is written here cryptokoin.com It does not reflect the views of the team. High risk of loss should be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research should be done before investing in any platform.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!