The cryptoma market shows signs of relaxation. Investors observe the Ethereum competition carefully to achieve potentially high returns. Four of them seem to have the potential of up to hundreds of profits before the new month ends.
Dogecoin has experienced an increase of 1.77% in the last 24 hours and is now traded at $ 0.1713. This increase positions Doge above important level of support, whereby the focus is now shifting to the resistance of $ 0.20.
Analysts suspect that this movement could signal the beginning of a short -term upward trend that is reminiscent of earlier relaxation after phases of consolidation.
Ondo has also shown a remarkable upward trend and has increased by 2.23 % to $ 0.8087 in the last few days. Technical indicators such as the TD sequential indicate strong buy signals on the 12-hour chart, which indicates a possible shift in the momentum in favor of Ondo. This could indicate another upward movement in the near future.
Cardano has a steady upward trend, with an increase of 0.83% in the last 24 hours, which brought the price to $ 0.6727. Analysts believe that ADA could experience a greater dynamic that positions it among the top tokens that could turn a $ 1,000 investment into $ 100,000 before April ends.
The market dynamics at the beginning of April indicate a growing interest in the rivals of Ethereum, with several old coins have the potential for significant profits. Investors should do thorough research and exercise caution, since the cryptocurrency market is still volatile.
In contrast to the other three cryptocurrencies mentioned, Solana has recovered since yesterday and 12.18 % last week despite a decline of 1.1 % and is now traded at $ 124.67. If the interest bully dynamic continues, Sol could reach the $ 200 mark before the month. In addition, a recent analysis of the Economic Times:
“Solaxy’s planned MultiChain Bridge is designed in such a way that it connects Solana with Ethereum. If it is successful, it will open the way for smooth assets between the two networks and improve interoperability.”
The old coin market recovery supports these optimistic prospects, since the increased sales and the open interests indicate persistent commitment of the dealers.
When writing this article, ETH is traded at $ 1,877.25. The course has increased by 2.32 % in the past few days, but has fallen by 8.3 % last week.
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