News

3 Utility Tokens Poised for Massive Gains: VET, AVAX, ONDO

  • VET is currently trading at $0.02, showing huge breakout potential.
  • AVAX is trading between $24.21 and $29.39. Resistance is at $31.84 and support at $21.48.
  • ONDO is trading between $0.66 and $0.82 awaiting a significant breakout.

Discover the future of digital investments with three altcoins that hold massive potential for significant gains. A $10 investment today could lead to impressive returns by December. According to experts, the innovative uses of these hidden gems potentially position them for significant growth.

VET: Navigating Market Challenges

Source: Trading View 

VeChain (VET) trades for $0.02 up over 11% in the past month. The Relative Strength Index (RSI) near fifty-seven hints at some buying power.

According to experts, VET’s price will break out if the $0.03 is breached. Otherwise, we should expect a price correction. However, caution is key here as the stochastic and MACD indicators suggest uncertainty. 

AVAX: Bullish Amid Price Fluctuations

Source: Trading View 

Avalanche (AVAX) is trading between $24.21 and $29.39 as of writing, having gained 17% over the past month. AVAX’s price is close to the 10-day and 100-day moving averages. Key resistance sits at $31.84, while support rests at $21.48.

If the price breaks above $31.84, a target of $37.02 comes into play On the downside, failing to hold above $21.48 might lead to a drop toward $16.29, about 25% lower.

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ONDO: Gearing for a  Significant Breakout

Source: Trading View 

Ondo (ONDO) currently trades between $0.66 and $0.82. Support lies at $0. The 10-day average price hovers around $0.75, with the 100-day average at $0.71. 

The RSI, sitting at 44.62 and a stochastic level around 30.83 signal neutrality. A breakout past $0.88 could push Ondo toward $1.04, reflecting a 27% price gain. However, a drop below $0.58 may push ONDO’s price to the next support level at $0.43.

VeChain, Avalanche, and Ondo have the right technicals and fundamentals to spur significant growth. A small investment now could yield significant returns by the end of the year.

Patrick Kariuki

Patrick is a seasoned cryptocurrency writer with over five years of experience. His aim is to help readers stay informed and make informed trading & investment decisions.

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