Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104%
Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
  • Market Cap: 46.39B 1.4104%
  • Volume (24h): 4.16B 0%
  • Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
Home > Information news > Bitcoin Breaking Key Ressistance Level Will Explode These Altcoins!

Bitcoin Breaking Key Ressistance Level Will Explode These Altcoins!

Release: 2024/03/25 20:10 Reading: 811

Original author:Cryptopolitan_News

Original source:https://www.cryptopolitan.com/?p=500020

Bitcoin Breaking Key Ressistance Level Will Explode These Altcoins!

In the world of crypto, Bitcoin’s surge past important price barriers is grabbing attention. This jump could signal even bigger gains, with predictions of a steep price increase following historical trends. As Bitcoin climbs, it often brings a wave of growth for other cryptocurrencies too. Understanding this dynamic is key, as certain altcoins stand on the brink of their own explosive growth, poised to ride the momentum generated by Bitcoin’s latest moves.

BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live!

BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP’s success is also evident, as it has swiftly raised $2.5 million in just a few weeks, capturing the attention of savvy early investors.

BlastUP stands at the forefront of financial technology, championing the motto “Grow faster, earn more.” The primary goal of this launchpad is to reduce entry barriers for blockchain startups, ensuring they are equipped for success right from the beginning.

The fifth stage of BlastUP tokens presale is already running, and with each new stage, the tokens’ price increases. The current price is locked at $0.055, while the price at the DEX listing is going to be $0.1. That makes a whopping 45.% discount, so now is the perfect time to buy BlastUP tokens at the best price.

>> Snatch Up BlastUP Tokens Now for Maximum Returns! <<

BlastUP token holders can enjoy exclusive perks like early access to token sales, special rewards in IDOs, and the opportunity to earn extra tokens through staking. They also get to reap the benefits of earning interest and receiving free tokens from supported projects.

As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. With its community-centric approach and drive for innovation, BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities. The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Seize the Chance to Grow Faster and Earn More with BlastUP! <<

Dogecoin’s Surge Points to Bullish Outlook

Dogecoin has shown impressive growth, with a one-month surge of 88.21% and an even more remarkable six-month rise of 162.70%. Considering its current price of $0.162, near the second resistance level of $0.168, there’s room for growth. The Simple Moving Average (SMA) strengthens this outlook, with the 10-day at $0.155, suggesting a bullish trend. However, if it fails to break the nearest resistance at $0.143, we could see a shift in momentum.

Long-term, Dogecoin’s all-time high of $0.7605 demonstrates its potential. With current support levels at $0.085 and $0.052, there’s a cushion in case of a price drop. The 100-day SMA standing at $0.102 indicates a positive trend over the past few months. While past performance hints at possible gains, market fluctuations could impact trajectories, and investors should watch for any shifts below the nearest support levels.

Momentum Hinted as Pyth Price Eyes $1.18 Peak

The recent uptick to $0.93 suggests momentum in Pyth, and surpassing the nearby resistance at $0.92 could open the door towards testing $1.18. If it eclipses its all-time high of $1.16, optimism could grow. However, a drop below the 10-day Simple Moving Average of $0.97 might signal a slowdown, with the support levels of $0.38 and $0.12 as crucial points to hold.

Given Pyth Network’s significant one-month jump of 60.56% and six-month surge of 143.37%, there’s potential for further gains if the trend persists. Long-term views could be bolstered by breaking past $1.18. Yet, such rapid growth also carries risks, as profit-taking could lead to pullbacks. Close monitoring is imperative, especially if the price slips, threatening the support at $0.38 and possibly down to $0.12.

Jupiter’s Price Skyrockets: Opportunities Ahead?

In the recent trend, Jupiter has shown strong growth, with the price soaring by 141.77% this past month and an impressive 3973% increase over the past six months. The current price of $1.22, just above the 10-day moving average of $1.21, reflects solid momentum. However, given the volatile nature of this asset, a retraction to the nearest support at $0.42 could occur, especially if traders decide to take profits. This could offer a new entry point for long-term investors who believe in the asset’s potential to grow further.

Despite the potential short-term downside, the long-term view could be positive if the asset continues this trajectory. As Jupiter navigates the space between its current price and the second resistance level of $0.81, sustaining this level may pave the way for a further climb. On the flip side, with the asset significantly above the second support level of $0.30, any major shifts in market sentiment could trigger a steep drop. Caution is thus advisable, as is consideration of both macroeconomic factors and asset-specific news, which could significantly impact price movements.

Conclusion

In conclusion, while other cryptocurrencies like Dogecoin, Pyth Network, and Jupiter show promise, BlastUP’s robust presale performance indicates it has the highest potential within the crypto space. Its integration into the Blast ecosystem, combined with a compelling concept that benefits blockchain startups, positions BlastUP for significant growth. By capitalizing on the current Bitcoin rally, BlastUP sets itself apart, ready to lead as an innovative force in the burgeoning crypto market. This marks an opportune moment for investors to join a thriving financial movement.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

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