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Reading: Will the Epic 2021 Altcoin Boom Repeat Soon? Indicators Have Aligned for Something Huge – Which Altcoins Will Surge First?
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Latest cryptocurrency news > Sponsored Article > Will the Epic 2021 Altcoin Boom Repeat Soon? Indicators Have Aligned for Something Huge – Which Altcoins Will Surge First?
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Will the Epic 2021 Altcoin Boom Repeat Soon? Indicators Have Aligned for Something Huge – Which Altcoins Will Surge First?

BH NEWS
Last updated: 1 August 2024 17:39
BH NEWS 12 months ago
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The charts are lighting up, hinting at a possible repeat of the legendary 2021 altcoin boom. Market indicators suggest that another massive surge might be on the horizon. This article will delve into the signs pointing to major gains and reveal which altcoins could take the lead. Get ready to explore the potential future market leaders.

Contents
BlastUP Unveils Blastbox V2: A Goldmine of Benefits for Early InvestorsEthereum Shows Volatility, Eyeing Potential Growth Despite Recent DipsSolana’s (SOL) Price Surge Indicates Potential for Further GrowthEthena (ENA) Price Movement Shows Mixed Signals Despite Long-Term GrowthJupiter (JUP) Shows Promising Growth Amid Mixed Market SignalsConclusion

BlastUP Unveils Blastbox V2: A Goldmine of Benefits for Early Investors

BlastUP, the premier launchpad on the Blast blockchain, has unveiled Blastbox V2, fresh on the heels of an $8 million presale success. This launch offers investors another chance to get $BLASTUP tokens at presale prices, loaded with a host of perks including $BLASTUP tokens and Booster Points. As experts forecast potential returns of up to 1000%, early acquisition of BLASTUP tokens could prove to be a savvy investment.

Blastbox V2 is a gateway to exclusive privileges within the BlastUP ecosystem. Owners are set to enjoy benefits like NFT and token airdrops, membership in the exclusive BlastUP Club, and priority access to Initial DEX Offerings (IDOs).

Securing a Blastbox V2 is the final opportunity to access BlastUP at the most advantageous price. The platform has already made a significant impact within the Blast blockchain, achieving 4 successful IDOs.

For those on the hunt for the next big crypto opportunity, Blastbox V2 is the answer. With only 9999 units available at launch and packed with unparalleled utility, these limited-edition loot boxes are set to sell out swiftly.

Ethereum Shows Volatility, Eyeing Potential Growth Despite Recent Dips

Ethereum’s price is navigating between $3334 and $3643, showing a rollercoaster ride. The bulls seem weak with a recent 4.6% dip over the week and a slight 3.7% drop in the past month. However, there’s hope as the coin is still up by 44.1% over the last six months. If the price can break through the nearest resistance at $3748, it might aim for a further rise to around $4057, marking a potential growth of nearly 20%. The current support level stands at $3131, serving as a safety net for this volatile ride. Keep an eye on these levels for the next big move.

Solana’s (SOL) Price Surge Indicates Potential for Further Growth

Solana (SOL) is currently trading between $159 and $197, showing a strong upward trend. Over the past week, it gained 11%, and the past month saw a nearly 30% rise. Technical indicators like the RSI at 64 and a high stochastic suggest bullish momentum. The 10-day and 100-day moving averages around $175 confirm ongoing support. If SOL breaks the $210 resistance, it could quickly climb to $248, offering a potential near-term growth of up to 25%. Conversely, support levels at $134 provide a safety net. Expect volatility but with a bias toward further gains.

Ethena (ENA) Price Movement Shows Mixed Signals Despite Long-Term Growth

Ethena (ENA) is currently trading between $0.42 and $0.54. Despite a negative one-month performance (-21.72%), it shows a long-term gain of over 52% in the past six months. The bears seem to dominate in the short term, as indicated by a recent 8% drop over the past week. Nevertheless, with its stochastic indicator at 97.02, a potential price rebound could push ENA to its nearest resistance at $0.58, and possibly to $0.70, marking potential gains of 35%-66% from the lower end of its current range.

Jupiter (JUP) Shows Promising Growth Amid Mixed Market Signals

Jupiter (JUP) is trading between $0.90 to $1.18, and despite a recent 4.40% increase in the past week, the bulls appear weak. The 24.94% rise over the past month suggests positive momentum. However, the current price is just below the nearest resistance level at $1.27 and far above the nearest support at $0.72, indicating potential volatility. With the RSI at 60.58 and the stochastic at 84.59, JUP might experience upward pressure. If it breaks the $1.27 resistance, it could aim for the second resistance at $1.55, representing an increase of around 31%. Over six months, JUP has skyrocketed by over 3200%, hinting at significant long-term potential if current trends continue.

Conclusion

ETH, SOL, ENA, and JUP show less potential in the short term. However, BLASTUP stands out with high potential. The project is promising due to its concept and its place within the Blast ecosystem.

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Disclaimer: This article is a press release. BH NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. BH NEWS recommends that readers carefully research the company mentioned in the article.
You can follow our news on Telegram, Twitter ( X ) and Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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