5 Key Cryptos to Invest In Before the Bitcoin Halving Bull Run

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The Bitcoin halving is a major event that historically sparks significant market moves. As this pivotal moment approaches, savvy investors are looking for cryptocurrencies with the potential to surge. This article highlights five cryptocurrencies poised for growth against the backdrop of the impending halving. The choices are based on solid performance indicators and market positioning, making them worthy of attention for anyone seeking to capitalize on the upcoming bull run.

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Mantle Price Overview and Outlook

Mantle (MNT) is currently moving within a price range of $0.92 to $1.60. Over the past week, MNT has seen a price increase of 6.05%, and the past month has been even more impressive with a 42.29% rise. When looking at the performance over the last six months, the coin has surged by a notable 237.66%. The MNT price action suggests that the moves are impulsive, with high momentum behind the recent increases.

Looking ahead, Mantle (MNT) seems to have the potential to reach the nearest resistance level at $1.89, with the second resistance level at $2.57 in sight if the current momentum continues. However, traders should be aware that if the trend reverses, there is support at $0.53. With an RSI of 55.14 indicating that MNT is not yet overbought, and a MACD level of 0.03 suggesting the trend is still in favor, the outlook is cautiously optimistic.

Pyth Network Price Insight: Steady Growth Amid Volatility

The price of Pyth Network (PYTH) shows a healthy climb over six months, with a surge of 122.79%. In one month, the coin has increased by 30.93%, indicating strong interest. However, the past week saw a dip of 6.74%. Trading between $0.91 and $1.05, PYTH is experiencing fluctuating movements. Current indicators suggest the trend is more corrective as it stabilizes after recent gains.

Looking forward, PYTH presents potential growth, especially if it breaks the nearest resistance at $1.10 and targets the $1.24 level. The coin sits above both the 10-day and 100-day moving averages, a bullish sign. However, investors should stay alert as support at $0.82 could be tested if downward pressure returns.

Aptos Price Analysis and Prediction

The Aptos (APT) coin is currently moving in a price range between $15.46 and $19.02. Over the past week, the price has dropped by 20.64%, showing a significant decrease. However, looking at the past month, there is a gain of 16.27%, while over the last six months, the price has surged by a notable 163.19%. The coin’s price movements suggest a corrective phase after its recent drop.

Considering the current support levels and the six-month increase, APT may have room for growth. The nearest resistance mark is at $20.97, with a stronger one at $24.53. If the coin can sustain its momentum and break past these barriers, we could see further gains. However, should it fall, there are support levels at $13.84 and $10.28 that might hold. With an RSI of 38.15 indicating neutral conditions, the future price movement could go either way.

Ondo Price Performance and Path Ahead

Ondo’s price has been in the range of $0.85 to $1.08 recently. In the past week, ONDO dropped roughly 9.27%, but over the last month, it shot up by 60.11%. Looking at a longer span of 6 months, we see an astonishing rise of 2512.47%. The current movements of ONDO suggest it’s in a mainly corrective phase, with indicators like the RSI and Stochastic not showing signs of strong momentum.

ONDO’s future price could climb towards the nearest resistance at $1.18, and if it gains enough power, it may even push towards the second resistance level at $1.41. On the other hand, if buyers lose their grip, ONDO could slide back to find its footing at the nearest support of $0.73 or even deeper at the second support level of $0.50. The balance between the recent growth and the potential for reversal makes ONDO’s price prediction a mix of cautious optimism.

Conclusion

Investing in cryptocurrencies like MNT, PYTH, APT, and ONDO may offer less potential in the short term compared to BlastUP. BlastUP stands out for its high potential due to its innovative concept and its integration within the Blast ecosystem, which has already begun to gain momentum in the market. Investors should take note of BlastUP as a significant option moving into the bullish phase associated with the Bitcoin halving event.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

Source: https://finbold.com/5-key-cryptos-to-invest-in-before-the-bitcoin-halving-bull-run/