Top Altcoins For Short Term Gains

10 months ago 4
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Amidst an unprecedented surge in crypto funds’ weekly inflow and a growing interest in spot Bitcoin ETF, shifts in the digital currency market showcase promising opportunities. This landscape highlights the potential of certain altcoins, making them noteworthy for short-term gains. Their sudden rise and fleeting nature offer an intriguing insight into the volatile yet flourishing world of cryptocurrency investments.

BlastUP Presale: the Rising Star Set to Continue the Blast Revolution

Blast, the only Layer 2 blockchain with a native yield for ETH and stablecoins, has recently made a splash in the crypto world with its head-spinning launch, reaching a staggering $1 billion TVL in just one month. Following the brilliant debut, a new big project based on this blockchain is entering the scene: BlastUP.

BlastUP is a groundbreaking launchpad poised to follow the Blast’s path to roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.

Currently, BlastUP is running its presale, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.04, you get a hefty discount of 60% in the future, as the listing price is set at $0.1.

>> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale <<

Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast-off in the crypto space.

The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.

>> Join BlastUP Presale NOW to Unlock Early Benefits <<

Starknet’s User Activity Drop and Policy Changes: Potential Impact on STRK Price

The recent drop in user activity on Starknet due to their revised airdrop policy could trigger a domino effect especially if this continues in the long term. Should this downturn persist, it might place substantial downward pressure on STRK’s price, potentially revisiting support levels below its current value near $1.9 in the interim. Yet it’s crucial to keep in mind that numerous external factors can influence price movements, hence market trends and dynamics should be monitored closely.

On the other hand, news of policy changes can pave the way for dedicated, long-term supporters. Although Starknet’s revision in airdrop policy resulted in a short-term setback, it’s possible to witness a rebound of STRK’s price to the nearest resistance at the $2.07 mark, seeking to establish new resistance levels. This could represent a promising opportunity for steadfast investors who perceive the short-term turbulence as a chance to acquire STRK at a lower price, anticipating a positive turnaround in the future.

ARB Price Analysis: Short and Long-Term Predictions Based on SMA, RSI & Recent Performance

In terms of short term adjustments, the ARB price is currently floating between the support level at $1.37 and the resistance level at $2.28. It may lean on the 10-day SMA of $2.00 given the neutral outlook suggested by the RSI and Stochastic RSI Fast indicators. The recent performance of Arbitrum outpacing Ethereum in weekly transaction volumes could leverage the price above the resistance level.

Long-term, a bearish view is signified by the MACD’s sell recommendation, as well as the 10-day SMA’s recommendation to sell. However, breaching the resistance level at $2.80 will require substantial momentum. The pivotal role Arbitrum plays in Ethereum’s scalability solutions, as highlighted by the news, might just be the impetus for a continued uptrend over time, supporting bullish aspirations towards and beyond the 100-day SMA of $1.56.

Conclusion

While the lucrative potential of coins such as STRK and ARB carves a promising pathway, BlastUP, with its groundbreaking concept and imperative role in the Blast ecosystem, stands out as the altcoin bearing the highest potential for appreciable short-term gains. The presale of this promising project offers a substantial opportunity to be an early part of what could well be the next significant force in the ever-dynamic landscape of cryptocurrency investments.

Site: https://blastup.io/ 

Twitter: https://twitter.com/Blastup_io 

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