The leading crypto Bitcoin has risen to $ 30 thousand and continues to struggle to maintain this level. Altcoins, on the other hand, may not perform as well as BTC in general, but some stand out. In this environment, crypto analyst and YouTuber CryptoBusy has identified five currently emerging altcoins in his latest video that could yield significant gains to investors.
Leading altcoin Ethereum (ETH) ranks first
CryptoBusy highlights that Ethereum is in a very interesting position right now, breaking a support level in March and then rising significantly to almost $2,000. Ethereum is currently testing a resistance level and if it breaks, the coin could reach around $2,028. The analyst suggests setting a stop loss below the 1,820 level and targeting $2,028. At press time, ETH was trading at $1,916, gaining 0.46% on a daily basis.
Next up is NEAR Protocol (NEAR)
NEAR Protocol has been on CryptoBusy’s radar for a while. The analyst highlights that an area of disequilibrium has been retested on the daily chart and that krypton is on the move towards its highs. In addition, the analyst expects the coin to rise even higher and exceed $2.20 if the $2.10 level is exceeded. Another target of the analyst for the altcoin is $2.58. At the time of this writing, NEAR was changing hands at $2.20, up 6.7% in the last 24 hours.
The third altcoin on the list is Conflux (CFX)
cryptocoin.comAs you can follow, CFX has had a big rise recently and is currently in the continuation of the uptrend. A break and retest of the previous high of $0.44 could easily push the coin to $0.48, and CryptoBusy thinks it could double in a few days or weeks. At press time, the altcoin was trading at $0.3846, down 7% on a daily basis.
Internet Computer (ICP)
ICP has emerged from the downtrend and CryptoBusy is highlighting the $4.70 level as an important support and resistance level. The analyst suggests aiming for around $5.80 for a 13% gain if this level is broken. At press time, ICP was changing hands at $5.36, up 2.5% in the last 24 hours.
Latest altcoin Filecoin (FIL)
CryptoBusy believes that Filecoin is a great project and can bring significant returns to investors. The analyst expects the FIL to break the downtrend and suggests targeting $7.50, followed by the previous high of $9.00. Currently, FIL was trading at $5.99, down 1% on a daily basis.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.