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Experts See Bitcoin Breaking $70,000 — 5 Altcoins Poised for 1000% Growth on the Next Green Candle
Bitcoin is on the brink of shattering $70,000, capturing the attention of the crypto world. Alongside this peak, five lesser-known coins are predicted to skyrocket by 1000% with the next market surge. Discover which altcoins are poised for explosive growth and find out more about their potential in the rapidly evolving crypto landscape.
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TRON (TRX)
TRON (TRX) is currently trading between $0.13 and $0.14, and despite recent mixed signals, the cryptocurrency is making strides. After a strong weekly gain of about 20%, TRX is on the cusp of breaking through the $0.14 resistance. If it successfully crosses this threshold, it could surge towards the next resistance level at $0.15, representing an exciting 7% potential increase. The RSI is at 67, indicating a healthy bullish momentum that could push TRX to new highs. Watch for a potential breakout that could propel TRX to significant new levels.
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VeChain (VET)
VeChain (VET) is currently trading between $0.0214 and $0.0241, and there’s a promising outlook ahead. With a recent 13% weekly increase, VET is showing signs of potential growth. Surpassing the $0.0254 mark could set the stage for a substantial rise, with targets potentially reaching $0.0282. Although it faces challenges, the balanced RSI of 51.66 and signs of possible overselling suggest a ripe opportunity for a bullish reversal. Overcoming current resistance could lead to a dynamic 17% growth, offering a significant upside potential.
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Ondo (ONDO)
Ondo (ONDO) is trading between $0.65 and $0.75, and recent gains of 6.63% highlight a resurgence of bullish strength. The focus now is on breaking the $0.82 resistance level, which could pave the way for a further ascent towards $0.92, marking a potential rise of about 22%. Despite a past month’s drop, the market is showing signs of recovery, and if ONDO clears these key levels, it could set the stage for impressive gains. Keep an eye on these levels as ONDO could be poised for a significant rebound.
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Filecoin (FIL)
Filecoin (FIL) is trading between $3.38 and $3.76, and despite recent challenges, there are positive signals emerging. The 17.45% increase over the past week is a strong indicator of potential bullish momentum. Overcoming resistance at $3.97 and targeting $4.35 could offer impressive gains of 15% and 25%, respectively. With an RSI of 52.64 and a potential for bullish reversal, FIL could be on the verge of breaking out. Watch for these levels as FIL could capture substantial growth.
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Cosmos (ATOM)
Cosmos (ATOM) is trading between $4.29 and $5.01, and recent weekly gains of over 11% showcase a potential turnaround. With resistance at $5.45 and immediate support at $4.00, ATOM is showing promising signs of overcoming past declines. A breakthrough at $5.45 could lead to a remarkable rise to $6.17, representing about a 23% potential increase. Despite a past six-month decline, current indicators suggest an opportunity for strong recovery. Keep an eye on these levels, as ATOM could be set for a significant upward move.
Conclusion
Bitcoin is expected to cross the $70,000 mark. Alongside this surge, five altcoins show great potential. TRON (TRX) is gaining attention with its expanding ecosystem. VeChain (VET) continues to impress with its supply chain partnerships. Ondo Finance (ONDO) is making noise in the decentralized finance space. Filecoin (FIL) shines with its storage solutions. Cosmos (ATOM) thrives with its focus on interoperability. The bull run of 2024 is boosting confidence in these coins. Investors and enthusiasts are keeping a close watch as these assets could see significant growth soon.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.