As the cryptocurrency market prepares for its next surge, top investors are turning their attention to a handful of altcoins with huge growth potential. Some predict that the value of these digital assets could soar to 50 times its current value. Ahead of the expected market rebound, these coins are gaining traction among experienced traders.
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Amid Altcoin Season Hopes, Axelar (AXL) Targets $1.23
Axelar (AXL) traded between a range of $0.66 and $0.88 and was near its 10-day moving average of $0.73. An RSI of 52.15 indicates neutral momentum, while a positive MACD indicates an upward trend. The nearest resistance is $1.01. A break above this point could push AXL to the next resistance level at $1.23, where gains could exceed 40%. As altcoin season approaches, Axelar may see significant growth in the future.
BOOK OF MEME (BOME) Set to Surge as Altcoin Season Approaches
BOOK OF MEME (BOME) is showing signs of potential growth, trading between $0.007501 and $0.010072. Over the past month, the price has increased by 6.04%, showing positive momentum. The nearest resistance is $0.011557; a move above this level could lead to gains of over 14%. The next resistance level is $0.014128, with potential gains of over 40%. The Relative Strength Index is at a neutral 50.49, indicating room for upside. The 10-day and 100-day simple moving averages are converging, suggesting a bullish crossover. With altcoin season just around the corner, BOME could surge higher and provide impressive returns.
As altcoin season approaches, FETs eye breakout
The Federation for Artificial Superintelligence (FET) traded between $1.10 and $1.46. Despite recent weekly losses of more than 13% and one-month losses of nearly 25%, there are signs that a rebound may be possible. The RSI is at 55.03, indicating neutral momentum, while the MACD level at 0.0071 suggests an uptrend is possible. The nearest resistance is $1.66; above this point could result in gains of over 14%. The next target is $2.02, providing greater upside potential. The $0.92 and $0.55 support levels provide a safety net. With altcoin season just around the corner, FETs may be able to capitalize on the optimism in the market and recoup losses, aiming for new highs.
Neutron (NTRN) Set to Surge as Altcoin Season Approaches
Neutron (NTRN) has faced a downturn recently, falling more than 18% over the past week and more than 27% this month. It is currently trading between $0.31 and $0.43, approaching support at $0.26, which could serve as a springboard for a rebound. Technical indicators such as RSI and Stochastics are around 45, indicating that the coin is not overbought or oversold. The 10-day and 100-day simple moving averages are converging around $0.36-$0.37, indicating underlying stability. If NTRN breaks the recent resistance at $0.50, it may target the next resistance at $0.61, resulting in a significant move higher. Neutron is likely to see significant growth due to optimism about the upcoming altcoin season.
in conclusion
While AXL, BOME, FET, and NTRN have less short-term potential, ZircuitDEX stands out. It provides 500x capital efficiency, fast transactions and zero slippage, enhancing capital management. ZDEX tokens are on pre-sale at a 70% discount, with the potential for 500% returns upon launch. Holding ZDEX can obtain Meme coins, reduced fees, governance rights and revenue sharing in advance.
Disclaimer: This is a sponsored press release 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.
