Nvidia’s Earnings Report Makes Traders Want to Buy More of These AI Altcoins

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Nvidia’s recent earnings report has caught the attention of many, prompting a surge of interest in AI-focused altcoins. The stellar performance of the tech giant sparks curiosity about which digital currencies are primed for a boost. This article will uncover the altcoins set to benefit from Nvidia’s strong financial results, hinting at new opportunities for savvy traders.

$BLASTUP Token Awaits 100X Surge, Powering Fastest-Growing Launchpad

$BLASTUP, the native token of BlastUP, is quickly becoming a standout in the crypto market. Built on Blast, the only Layer 2 blockchain offering native yield for ETH and stablecoins, BlastUP is on a mission to supercharge crypto startups from day one — and it’s already delivering. In just a few months, BlastUP has launched multiple successful IDOs, attracted over 20,000 holders, and raised $8 million.

The current price range for BLASTUP is between 0.03045 and 0.04109. In a week it showed an increase of 60%. The 10-day EMA line at 0.03729 indicates the possibility of a further increase in the short term. The bullish outlook is also supported by the Momentum indicator at 0.01690. The RSI reading near 38 shows that the token might be oversold currently, meaning that the reversal is coming soon, so now is the most opportune time to buy the dip. 

As BlastUP forges ahead, it remains focused on building a global hub for the Blast community, committed to supporting early-stage startups. Its community-centric approach and drive for innovation are key factors in its rapid rise, benefiting all participants in the ecosystem.

>>Fuel Your Portfolio with $BLASTUP Before Altseason Approaches<<

$BLASTUP token lies at the core of the platform and boasts high utility. It is packed with many benefits for its holders:

– Staking rewards with an eye-catching APR of up to 24% – Exclusive access to IDOs, offering early investment opportunities in hot new projects – Loyalty perks and exclusive allocations from projects launching on BlastUP.

$BLASTUP recently launched on MEXC and Bitget, with plans to join tier-1 exchanges soon. These new listings increase market exposure, making $BLASTUP more attractive to a broader audience of investors.

As BlastUP’s ecosystem continues to grow, so does the demand for its token. Analysts are already predicting a potential 1000% surge in value by year-end, as more projects and users flock to the platform.

For those looking to get in early on a high-growth, high-utility token, $BLASTUP is the one to watch.

>>Stake, Earn, and Grow with $BLASTUP – Aim for Future 100X Returns!<<

NEAR Protocol on a Rocky Road: Will it Rise or Fall?

NEAR Protocol’s price has been fluctuating between $4.08 and $5.50, showing modest volatility. It faces significant resistance at $6.09 and has strong support at $3.25. Despite an RSI of 46.11 and a Stochastic of 72.35 suggesting it’s not overbought, the MACD level is slightly negative at -0.03. With a recent sharp decline of almost 17% in the past month, the outlook is cautious. If it can break past the initial resistance, it might head towards the $7.50 mark, indicating a potential growth of around 50%. However, failure to hold current support could lead to declines toward $1.84.

Theta Network (THETA) Faces Uncertain Future with Downward Trend

Theta Network’s current price sits between $1.17 and $1.52, showing a questionable future. With the nearest support at $0.96, the coin risks falling further. Technical indicators like RSI at 47.08 and MACD at -0.01 suggest more downward pressure. Despite short-term support from a 10-day moving average of $1.23, the six-month drop of 42.53% is worrisome. For a positive shift, THETA needs to surpass resistance levels at $1.66 and $2.01. Until then, a decline remains likely.

Will The Graph (GRT) See a Breakout or Further Decline?

The Graph (GRT) is currently valued between $0.15 and $0.19. Recent trends show a downward trajectory, falling 5.04% this week and 21.76% over the past month. Market indicators suggest a mixed future. While the 10-day and 100-day moving averages both sit at $0.15, the RSI is moderately neutral at roughly 48. The MACD level is slightly negative. GRT faces its nearest resistance at $0.21. If it breaks past this, it could climb to $0.25, marking a potential 32% increase from the current range. However, if it dips below the $0.12 support, it could fall to $0.08, a possible 47% drop.

Injective (INJ) Faces Uncertainty Amid Recent Price Movements

Injective’s price currently fluctuates between $18.96 and $24.44. Over the past week, it has dropped by almost 11%, and nearly 23% in the last month. The cryptocurrency has fallen by more than half in six months. With a relative strength index close to 50, INJ is neither overbought nor oversold. The nearest resistance level sits at $26.47, and support at $15.50. If the price rises past its closest resistance, it could target $31.95 next. However, if it dips below $15.50, a fall towards $10.02 is possible. For now, the movement suggests a cautious outlook.

Conclusion

NEAR, THETA, GRT, and INJ show some potential, but gains may be limited in the short-term. BLASTUP, on the other hand, stands out with significant promise. The project is appealing due to its strong concept and its inclusion in the Blast ecosystem. This makes BLASTUP an attractive option for traders seeking higher returns.

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/nvidias-earnings-report-makes-traders-want-to-buy-more-of-these-ai-altcoins/