Ethereum's recent bounce-back hints at a brighter market outlook. This positive trend sets the stage for other altcoins to soar in August. The article will delve into five cryptocurrencies primed for significant upswings. Discover which digital assets are likely to ride the wave of Ethereum's resurgence and possibly deliver impressive gains in the near future.
In just over 3 months since its launch, BlastUP has already confirmed its pivotal role in the Blast ecosystem, serving as a groundbreaking launchpad for crypto startups. It has raised a phenomenal $8 million in its presale and formed a thriving community of nearly 20,000 $BLASTUP holders. In keeping with its goal of accelerating growth, BlastUP has already launched 4 successful Initial DEX Offerings (IDOs), helping new projects build a strong foundation for a stellar start.
Currently, BlastUP is preparing for the token generation. BlastUP tokens (BLASTUP), which were sold for pennies during the presale, will be priced at $0.1 at the listing.
Last Chance to buy BLASTUP Token at the Best Price!
The only way to get the BLASTUP token at the presale price now is to purchase Blastbox V2. It is a loot box that contains a certain amount of $BLASTUP and Booster Points, special tokens used to reward the most active community members.
Those who buy Blastbox V2 get a treasure chest that gives them access to a number of privileges. Owners of Blastbox V2 can:
Importantly, the supply of Blastbox V2 is limited to 9999. The scarce availability can quickly drive up demand, so it is wise to hurry up and buy these rare loot boxes while you can.
Solana's price is currently between $159.42 and $197.37. It has shown strong gains, with a 12.41% increase in the past week and a 31.03% rise over the past month. In six months, it's soared by nearly 90%. The nearest resistance level stands at $210.23, with support at $134.33. If the upward trend continues, SOL could target the next resistance at $248.18, marking a potential rise of around 26%. The Relative Strength Index at 66.41 and Stochastic at 86.90 also suggest bullish momentum.
Starknet (STRK) is currently priced between 56 and 66 cents, showing signs of bearish pressure. In the last week, its price has dropped by over 7%, and in a month, it's down by almost 27%. However, it’s still up more than 160% over the past six months. The nearest resistance at 70 cents seems hard to breach, with the next resistance at 80 cents. Support levels sit at 51 and 41 cents. The current Relative Strength Index (RSI) is around 55, suggesting it's neither oversold nor overbought, and a stochastic of 75 indicates potential bullish reversal. Starknet's simple moving averages also hint at potential stabilization and future growth.
LayerZero (ZRO) seesaws in a $4.14 to $5.87 range, hinting at bear dominance. The RSI is 48.72, showing a balance between buying and selling. The MACD is negative at -0.01, confirming bearish control. However, a 16.02% weekly rise and a staggering 355.5% gain over six months suggest bullish potential. Key resistance rests at $6.53, and breaking this could push ZRO up by nearly 40% to $8.27. The nearest support is at $3.06, with a deeper safety net at $1.32. Despite current bearish signals, past performance and potential growth levels point to possible future gains.
Sei (SEI) is seeing a narrow price range of $0.34-$0.43, reflecting a minor upward move of about 4.87% over the past week. Yet, with its price still below the nearest resistance at $0.47, bulls seem tentative. The coin's moving averages suggest a stabilization around $0.36-$0.37, but bears might rear as the 6-month downturn hits nearly 43%. If SEI breaks past the $0.47 mark, it might aim for $0.56, a potential 30% rise. However, the RSI at 60.45 hints at neither strong bull nor bear dominance, indicating a wait-and-see market mood.
SOL, STRK, ZRO, and SEI may show some upward movement but seem to have limited short-term potential. In contrast, BLASTUP stands out due to its innovative concept and its place in the Blast ecosystem. This unique positioning is expected to drive significant gains, making it a top contender in the current market.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
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The post These 5 Altcoins Are Poised for a Massive Surge Following Ethereum’s Rebound from the Current Dip – Look Forward to a Green August appeared first on Optimisus.