If you buy these cryptocurrencies in 2024, you can get 100 times the income!
If you buy these cryptocurrencies in 2024, you can get 100 times the income!
1. ORDI
Ordi's price is currently in a declining wedge shape and has approached the key resistance level above it, indicating an upcoming breakthrough attempt. Although market observers expect that the breakthrough may be accompanied by a short-term correction, technical analysis shows that it is difficult for bearish forces to stick to it for a long time. Therefore, the price is expected to maintain its upward momentum and steadily move towards the target price of $100 in the next few days.
It is worth noting that the super trend indicator has turned positive, which is a strong signal that the market momentum is obviously turning to an optimistic bull market trend. At the same time, the MACD indicator also shows a significant increase in purchasing activities, indicating that the indicator may be about to jump to a positive area, which will further enhance the upward momentum of the market.
Once these technical conditions are met, Ordi's price is expected to get rid of the current bearish pressure and start a new round of rising market, with the initial target of a medium-term high of $50. If the water is stable and solid, it will be possible to further challenge the key resistance level in the $65 to $67 range, bringing broader profit margins for investors.
2. Uni
As a leader in the field of Ethereum Decentralized Exchange (DEX), Uniswap continues to show its strong competitiveness, mainly due to its seamless docking ability with ETH and ERC20 token libraries, enabling Ethereum users to easily exchange ETH directly from their wallets and participate in liquidity. Pool. The upcoming V4 version is highly anticipated. It is expected to further improve Uniswap's transaction efficiency and user experience by introducing innovative functions such as time-weighted average market maker (TWAMM) mechanism, dynamic cost adjustment and chain cap price orders.
In the field of cryptocurrencies, experts have a positive view on the future prospects of Uniswap's native token UNI, predicting that its price is expected to break through the $11 mark by the end of August. However, the recent Wells notice issued by the U.S. Securities and Exchange Commission (SEC) to Uniswap was like a cloud, raising market concerns about regulatory compliance and long-term stability compared with competitors such as RCO Finance. . This event reminds us that despite the huge potential of technological innovation and market, compliance and regulatory risks are still important considerations for cryptocurrency projects.
3. Sei
Recently, SEI prices have successfully broken through the shackles of declining wedges, showing a strong upward momentum. Although the bearish forces tried to put pressure again, the bulls were obviously alert to the current market conditions and did not easily give up their positions. Therefore, the market is expected to regain its upward trend after a short consolidation period, and is expected to touch a high resistance area close to $0.6.
This breakthrough not only indicates that the SEI price has come out of the downward channel, but also indicates that it may be forming a positive signal of U-shaped reversal. However, it should be noted that there is a key resistance zone in the range of $0.43 to $0.45, which is challenging the further rebound of prices. However, technical indicators such as the upward trend of RSI and the bullish crossover of DMI indicate that the market momentum is increasing.
Especially importantly, when the ADX indicator is bullish and deviates, it will be a strong signal that the SEI price exceeds $0.5 and moves towards the $0.6 goal. Before that, market participants can expect prices to rise for a period of time near the current level to consolidate their rising foundation and be ready to go.
4. Jup
As a leading DEX aggregator on the Solana blockchain, Jupiter is moving forward steadily. It brings users an unprecedented complex trading experience by bringing together multiple DEX liquidity resources in the Solana ecosystem. Recently, Jupiter has significantly enhanced its platform function and attractiveness through the successful acquisition of UltimateApp. This measure has made market analysts optimistic about the future performance of its native token JUP, predicting that it is expected to break through the value mark of $1.50 in the next quarter.
However, despite the bright future, Jupiter has encountered certain price challenges since June and has never been able to stand firmly above the key psychological price of $1. This phenomenon has prompted some investors to focus on RCO Finance's RCOF token, believing that the token may bring more significant revenue opportunities in the short term. This change reflects the diversity in the cryptocurrency market and investors' keen insight into the potential of different projects.