With the bull run of 2024 making waves across the market, savvy investors are constantly on the hunt for promising coins that promise significant returns. This article shines a light on five cryptocurrencies that are positioned to capitalize on the current upswing. Every investor aiming to make the most of the rising market will find value in learning about these select coins that could potentially lead to lucrative outcomes. Discover which altcoins have the potential to surge and how they stand out in this vibrant period of growth.
CYBRO Presale Runs Fast with 25M Tokens Already Sold Out
CYBRO is a one-of-a-kind marketplace that leverages the native yield potential of the Blast blockchain. CYBRO offers early investors to enter the project on favorable terms by joining the CYBRO token presale.
At this stage, CYBRO tokens are available at discounts of 3 times off their future market price, generating a generous ROI of 200%. The supply of the tokens is limited, and nearly 25M tokens have already been sold out. The earlier you buy, the bigger discount you get.
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The CYBRO token will unlock cashback in CYBRO, discounted fees for trading and lending operations, staking rewards, an exclusive Airdrop, and the Insurance Program. This solid utility will set a strong base for CYBRO to rise in value post-TGE in Q3 2024.
With CYBRO, you can grow your crypto by investing in various vaults on Blast, the only Layer 2 blockchain to offer default yield for ETH and stablecoins staking. CYBRO's ultimate goal is to provide users with the highest returns possible for each strategy, while ensuring a simple and transparent interface.
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NEAR Protocol Price Movement and Future Outlook
NEAR has seen a significant rise over the last six months, jumping 320.17%. In the past month, it grew by 9.54%, which is a positive sign. However, it witnessed a slight dip of 4.37% in the previous week. Currently, NEAR's price is moving within a range of $6.71 to $8.68. The market indicators suggest that NEAR is neither in an impulsive nor corrective move currently. With a relatively stable moving average, NEAR may soon test the nearest resistance level at $9.59. If it can break past this, the next target could be the $11.56 level. Support levels to watch lie at $5.65 and then at $3.68 if a downward trend develops.
Render (RNDR) Price Movement and Forecast
Render crypto has been active with the current price ranging between $9.38 and $11.11. The price has gone down by 4.43% this week but has increased by 9.66% over the past month. Looking at the past six months, the coin has impressively climbed by 199.30%. RNDR is currently facing its next resistance level at $12.17, with support at $8.71. The coin's movement is more corrective as it moves below the 10-day and 100-day average prices of $10.31 and $10.70, respectively. However, with an RSI of 35.52, indicating that it is not in the overbought territory, and a relatively low Stochastic value, there may be room for upward movement. The negative MACD level also suggests caution for immediate bullish momentum.
Arbitrum Price Movement: What’s Next for ARB?
Arbitrum's (ARB) trading price has seen varied changes, with a recent range from $0.91 to $1.06. After an 18.90% rise in the last week, the price faced a slight drop of 2.32% over the past month. Compared to six months ago, the current price shows a 12.53% improvement. ARB is now swinging between efforts to push higher and moves to stabilize, which suggests it might be in a corrective phase. The coin's simple moving averages signal a potentially bullish trend, as the 10-day average ($1.19) is higher than the 100-day ($1.11). Indicators like RSI at 52.45 hint that ARB is in a balanced zone, neither overbought nor oversold. With Stochastic and MACD levels showing room for movement, ARB could be aiming for the nearest resistance at $1.14, unless selling pressure pushes it towards the support at $0.84.
Blur (BLUR) Price Movement and Future Outlook
Blur's current price is floating between $0.33 and $0.38 with recent downward pressure seen as the coin has fallen 5.84% in the past month and 36.93% over the last six months. Its nearest resistance and support levels stand at $0.41 and $0.31 respectively. Blur's price moves lately seem corrective as indicators like the RSI at 44.69 and a low Stochastic value at 27.61 suggest the absence of strong buyer momentum. Despite a significant drop over the last week with a 10.40% increase, the coin's Simple Moving Averages (10-days at $0.42 and 100-days at $0.40) hint that Blur might see a potential uptick if it can overcome the immediate resistance levels, aiming for the second resistance level at $0.46.
Conclusion
The altcoins NEAR, RNDR, ARB, and BLUR may offer some growth during the bull market, but they stand as less compelling picks for the short-term. Instead, the focus is shifting to CYBRO, a groundbreaking platform aimed at unlocking earning opportunities within the Blast blockchain. As the market gains momentum, CYBRO sets itself apart with a planned launch in the second quarter of 2024. By engaging in the CYBRO token presale, early participants have a unique chance to get involved with this project under potentially advantageous conditions, positioning themselves in the path of burgeoning market trends.
Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
