Experts Bet Big on These Cryptocurrencies in 2024

Experts Bet Big on These Cryptocurrencies in 2024

The crypto market is experiencing a surge in 2024, drawing attention to select cryptocurrencies that experts are investing in heavily. With the bull run underway, industry specialists are pinpointing cryptos they believe will outperform the rest. This article looks at the choices professionals are backing this year, aiming to guide investors looking for the most promising opportunities in the booming market. Get ready to discover which cryptocurrencies could potentially lead the pack as the rally gains momentum.

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BlastUP presale has sparked avid interest among crypto enthusiasts, exceeding $6 million in record low time. Around 15,000 savvy investors have already bought BlastUP tokens before their value skyrockets.

The presale runs until the end of May, so there is some time to boost your crypto holdings with BlastUP, the asset poised for explosive returns of up to 1000%. Currently sold at a few US cents, BlastUP tokens are projected to reach $10 by the end of this year.

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

BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

>> Time is Ticking –  Buy $BLP Before May Ends! <<

Cosmos (ATOM) Price Movement and Forecast

Cosmos (ATOM) sees fluctuations with a current range between $8.13 and $9.17. Facing a resistance at $9.87, it might test support near $7.78 if it dips. Over a week, the price fell by 8.82% and slid by 9.03% in a month, but only 6.55% over six months. The short-term average price is $8.54, barely below the 100-day average at $8.69. Its RSI and stochastic values hover at mid-points, suggesting no strong momentum in either direction. Current signals hint that Cosmos could continue to hover without clear direction, searching for a catalyst to break confirmed resistance or support levels.

NEAR Protocol Price Movement: Steady Climb with Bullish Signals

The NEAR Protocol has seen significant growth, increasing by 26.15% over the past month and a striking 374.33% in six months. Currently priced between $6.46 and $7.64, NEAR shows bullish momentum, indicated by its current position above both the 10-day ($7.22) and 100-day ($7.15) simple moving averages. With a relatively high Relative Strength Index (RSI) of 61.45 and a nearing overbought Stochastic level of 80.76, the coin is experiencing impulsive moves. The MACD level at 0.09 suggests positive price momentum. Resistance levels are at $8.39 and $9.57, with support at $6.04 and $4.86.

Render Sees Impressive Half-Year Leap

Render (RNDR) has witnessed significant growth with a six-month price surge of over 400%. In the past week, it climbed by 14.04%, extending the monthly increase to 37.81%. Currently ranging between $9.63 and $11.81, RNDR is approaching a resistance level at $12.80, with its immediate support at $8.44. Short-term moving averages suggest a slight bullish momentum as the price inches the 10-day average of $11.24 yet stays close to the 100-day average of $10.99. Indicators like the RSI at 57.49 and a Stochastic reading of 74.03 hint at growing buyer interest without hitting the typically overbought zone. With the MACD at a modest 0.11, RNDR’s price movement appears to be in a moderate, impulsive uptrend.

Hedera HBAR Price Momentum and Forecast

Hedera’s coin HBAR is trading between $0.10 and $0.12, eyeing the next resistance at $0.13. With support waiting at $0.09, the coin has surged over the past six months, up by 85.17%, and even in the last month, it went up by 24.56%. However, the past week saw a slight dip of 2.01%. The market behavior is neither strongly impulsive nor deeply corrective, as shown by the RSI near the middle at 51.35. The price trend is flat based on the 10-day and 100-day averages at $0.11. HBAR may test resistance at $0.13 soon, placing it in a modestly positive momentum phase.

Conclusion

ATOM, NEAR, RNDR, and HBAR are being watched closely this year. Many experts believe these coins have potential. However, they might not see big gains soon. The main focus should be on BlastUP. This project stands out because of its strong concept and its place in the Blast ecosystem. BlastUP is seen as having the highest potential for growth among the mentioned projects.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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