Bitcoin halving events typically lead to significant changes in the cryptocurrency market, affecting not only Bitcoin but many alternative currencies as well. Understanding these connections is critical for investors looking to maximize returns during the current market rally. By carefully analyzing past trends and strategic investment choices, it is possible for investors to ride the bull market waves these cycles tend to create. This article explores how to identify promising altcoins that can provide impressive returns in the context of the upcoming halving.
BlastUP went viral, raising $4 million in a few weeks
BlastUP, the premier launch platform on Blast, recently made waves in the crypto world with its stunning debut, raising $4 million in just a few weeks. Many smart investors rushed to buy the BlastUP token before it skyrocketed in value.
Holders of BlastUP tokens can benefit from a number of perks, including participation in airdrops, participation in IDO’s exclusive loyalty rewards, and the ability to earn interest by staking.
BlastUP stands out in the crypto world. It is powered by Blast, TVL’s sixth largest blockchain, providing real utility for DApp businesses. BlastUP adheres to the motto of “Grow Faster, Earn More” and is committed to driving the success of blockchain startups. Those who join BlastUP now become part of a project that promises to be the next big thing in this bull market.
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Polygon (MATIC) Leads the Changing Cryptocurrency Space
Polygon (MATIC) has seen declines over the past week and month, with the price down 11.10% and 21.66% respectively. Still, it grew 59.04% over the past six months. As of this writing, MATIC is trading between $0.96 and $1.07. Price action seems uncertain, showing no strong impulses or corrective trends, hovering in the middle of the RSI.
Looking ahead to MATIC, signs point both ways. With support at $0.91 likely to cushion further losses, and a second, stronger floor at $0.80, there is room for optimism if broader market conditions favor the cryptocurrency. However, resistance at $1.14 and $1.25 may limit gains for now. A balanced view suggests that MATIC may see gradual growth, but with the potential for a pullback, reflecting uncertainty in the broader crypto market.
Cosmos (ATOM) Price Overview and Forecast
Cosmos (ATOM) is experiencing a volatile market. Prices fell about 13% last week. It fell 12% in one month. However, within six months, its price increased by nearly 59%. Currently, ATOM is trading between $11.55 and $13.06. Price action shows a mix of uptrends and downtrends, suggesting a corrective move within the current range.
Looking ahead, the future price of ATOM could go in any direction. The nearest resistance is $13.81, which ATOM may target if buying pressure intensifies. However, remain cautious as if the trend reverses, a test of the recent support at $10.79 is likely. Indicators currently suggest a neutral to slightly optimistic sentiment, balancing the potential for market growth and pullbacks.
Jupiter Current Trends and Price Predictions
Jupiter’s price has soared, showing strong upward momentum over the past six months. His net worth has increased by as much as 5029.33%, which has attracted much attention. In the past month, the price has increased by 160.50%, and in the past week, the price has increased by 17.83%. Currently, it ranges from $1.39 to $1.94. Market indicators such as the 100-day simple moving average (SMA) below and the RSI below 40 suggest that the move may be in a correction phase after the recent rally.
If the trend remains strong, it could break above the nearest resistance at $2.14 and even target the second resistance at $2.69. Still, if buyers lose momentum, JUP could drop back to the nearest support level at $1.04, or, in the event of a more severe downturn, to the second support level at $0.48. Falling stochastic values ​​also indicate that JUP may be oversold at the moment and may sometimes rebound before the price does.
in conclusion
When evaluating crypto investments in relation to the Bitcoin halving event, tokens such as MATIC, ATOM, and JUP may offer some upside, but currently have less potential. The main focus for investors looking for bigger prospects should be BlastUP. Its powerful concept and integration with the Blast ecosystem make it the most promising asset in the current market uptrend.
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Disclaimer: This is a sponsored post and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.
