The crypto market is buzzing with anticipation as a significant event looms on the horizon. Approval for an ETH ETF could send shockwaves across the sector, propelling certain cryptocurrencies into the spotlight. Amidst this bull run, three altcoins stand out, poised for substantial growth. Investors are keen to identify these tokens, which might surge ahead, riding the wave of this breakthrough. The upcoming article dives deep into these promising candidates, providing insight into their potential trajectory.
What you'll learn 👉
CYBRO Presale Runs Fast with 25M Tokens Already Sold Out
CYBRO is a one-of-a-kind marketplace that leverages the native yield potential of the Blast blockchain. CYBRO offers early investors to enter the project on favorable terms by joining the CYBRO token presale.
At this stage, CYBRO tokens are available at discounts of 3 times off their future market price, generating a generous ROI of 200%. The supply of the tokens is limited, and nearly 25M tokens have already been sold out. The earlier you buy, the bigger discount you get.
Buy $CYBRO at the Best Price NOW to Secure 200% Profits
The CYBRO token will unlock cashback in CYBRO, discounted fees for trading and lending operations, staking rewards, an exclusive Airdrop, and the Insurance Program. This solid utility will set a strong base for CYBRO to rise in value post-TGE in Q3 2024.
With CYBRO, you can grow your crypto by investing in various vaults on Blast, the only Layer 2 blockchain to offer default yield for ETH and stablecoins staking. CYBRO’s ultimate goal is to provide users with the highest returns possible for each strategy, while ensuring a simple and transparent interface.
Secure Your Place in CYBRO at 66% Discount Today! Offer is Limited!
Will Solana (SOL) Maintain Its Upward Trend?
Solana’s price has been making steady gains, signaling strength in the market. Currently trading between $146.59 and $184.77, SOL has overcome resistance and is approaching the next target at $199.54. If the upward trend continues, we could see a test of the second resistance level at $237.72. Support remains strong at $123.18 with a secondary level at $85.01, but these haven’t been tested in recent moves.
The 10 and 100-day moving averages are holding nearly identical at around $177.67, which could indicate a stable positive trend. With a 1 Week Price Change of 11.92%, a 1 Month Price Change of 13.06%, and a significant 6 Months Price Change of 212.21%, SOL has been in a pronounced impulsive move. However, the RSI at 45.76 suggests that there is room for growth before it becomes overbought.
Avalanche (AVAX) Price Momentum Falters Despite Upbeat Trend
While Avalanche (AVAX) marked a significant 6 months growth of over 90%, recent trends show a slowdown. The current price range sits between $32.07 and $38.45, retreating from its 10-day average of around $40. Despite this, AVAX remains above its 100-day average, indicating a continued positive sentiment among holders.
However, with an RSI nearing the midline, the momentum isn’t strongly bullish or bearish, suggesting AVAX could be in a corrective phase rather than impulsive. The coin has gained nearly 15% in the last week but the one-month figure is modest at just over 1.5%. Resistance and support levels are set at $41.30 and $28.53 respectively, hinting at potential space for either gains or declines in the near term.
Conclusion
While SOL and AVAX may see some growth with the approval of an ETH ETF, their short-term potential appears to be more limited. On the other hand, the unique project CYBRO, poised to leverage the Blast blockchain for an earn marketplace, stands out with significant promise. Its upcoming launch in the second quarter of 2024 presents a prime opportunity for early investors through the CYBRO token presale. Given these dynamics, CYBRO appears to be a particularly interesting opportunity in the context of the ongoing bull run.
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