These Cryptocurrencies Stand Out Before Altcoin Season Begins

While the crypto market is changing in an exciting way, it seems to herald a new altcoin season. Investors are eager to identify cryptocurrencies that will lead the upcoming surge. This article provides a guide to the most promising candidates to consider before momentum fully kicks in. As the 2024 bull run continues, the focus is on timing and selection, aiming to help readers gain an advantage in the emerging market.

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Optimism (OP) Fluctuations: Volatility in Mind

Optimism (OP) price has experienced a roller coaster recently. The price dropped more than 26% last week and has continued its downtrend with a 37% drop since last month. However, looking back six months shows a significant jump of more than 91%. Currently the price varies between $1.64 and $3.22, showing complex market movements in zigzags rather than a straight line.

Estimating the OP’s value path is a task that takes into account past performance and current numbers. Currently, growth potential is trending cautiously given recent declines, but the six-month uptrend suggests resistance in the coin’s value. Some see the next resistance level at $4.11 within reach, while others warn of further declines if a break below current support at $0.95 is possible.

Avalanche Price Analysis and Forecast

Avalanche (AVAX) has experienced a significant decline recently, falling 24.96% in the past week and 40.33% in the past month. However, over the past six months, AVAX is up 284.11%. The current price fluctuates between $27.56 and $48.97. Price action suggests a corrective move after the previous rally. The RSI at 54.95 indicates that it is neither oversold nor overbought, while the MACD level of -0.30 indicates the possibility of loss of momentum.

Looking ahead, AVAX could swing either way. Optimists could point to the six-month rally as a sign of fundamental strength and set $60.60 and then $82.01 as retracement targets. However, recent sharp declines and the potential for a drop to support at $17.78, especially if broad market sentiment worsens, should be viewed with caution.

Celestia Fluctuates Wide Range, Mixed Future Predicted

The price of Celestia coin has seen several changes recently. It fell about 7.35% last week. While it decreased by 24.60% in one month, it increased by a tremendous 212.56% in the past six months. It is currently trading between $7.71 and $13.14. Price movements appear to be more corrective after the recent decline.

Going forward, for Celestia (TIA), as long as its price is above the average of the last 10 and 100 days, with positive momentum, the price may move towards the next resistance at $15.73. However, if the selling pressure increases, TIA could test the support level near $4.86.

StarkNet Current Price Analysis and Expectations

StarkNet (STRK) is currently volatile with prices ranging from $1.06 to $1.99. Last week the price fell more than 32% and last month it was down almost 40%. Despite the recent downtrend, the coin is up 531% in the last six months. StarkNet’s price movements indicate that it is not in a stable direction at the moment.

Predictions for StarkNet are mixed. It has increased significantly over six months, indicating strong historical growth. However, current trends point to a decline. Looking ahead, STRK may face resistance if it approaches $2.50 or attempt to break through the second resistance level at $3.43. However, the support level at $0.63 suggests there is significant downside potential if the trend reverses.

Conclusion

The exact timing of the beginning of a cryptocurrency market rally is difficult to determine. It is essential to examine promising cryptocurrencies before the market turns completely bullish. OP, AVAX, TIA and STRK, although solid projects, may not offer the highest short-term gains. Instead, attention should be focused on BlastUP. This project is advantageously positioned for potential growth thanks to its innovative concept and integration with the Blast ecosystem. Investors may find BlastUP to be the most promising option given its significant upside potential.

As you follow on Kriptokoin.com, these are the expert analyzes for altcoins. It is a matter of curiosity what will happen to these altcoins in the future.

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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.

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