TheCryptoUpdates
NewsPress Release

This Is When ALTCOIN SEASON Really Begins!

It is a moment of significant interest for cryptocurrency enthusiasts as the bull run of 2024 continues. Observers are keen to pinpoint the exact start of the highly anticipated altcoin season, a period when alternative cryptocurrencies surge in value. This article delves into the signs and triggers that signal the commencement of this exciting phase in the crypto market, offering insights into the timing and potential catalysts that precede a flourishing altcoin ecosystem.

Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users

The ongoing presale of BlastUP is a huge success, more than $6 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

>> Buy BlastUP Tokens Now for Maximum Returns! <<

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Join BlastUP Now or This Rocket Will Take Off Without You! <<

Solana Price Nears Key Resistance, Bulls Eye $200

Solana is witnessing a strong rise in price. Over the past week, it went up by nearly 9%, and within a month, it increased by just over 10%. Long-term, the past six months have shown significant growth, with the price of SOL jumping more than 200%. Currently, SOL is trading between $146.59 and $184.77. It is approaching a key resistance level at $199.54, with the RSI and Stochastic values suggesting neither overbought nor oversold conditions. The coin’s movements appear to be in a growth phase, rather than correcting. If the momentum persists, SOL could break past the resistance and aim for the $200 mark.

Mantle (MNT) Price Sees Mixed Signals Amid Market Moves

Mantle’s (MNT) price is currently moving between $0.91 and $0.99. It recently faced a minor rise with a 0.80% increase in the last week. However, looking at a broader time frame, it has fallen 18.35% over the past month. On the positive side, the past six months have shown a significant surge, with a 97.91% rise. The price seems to be in a corrective phase right now, with recent movements suggesting a cooling down from earlier increases. The coin is hovering below both the 10-day and 100-day simple moving averages, which were around $1.01 to $1.02, signifying that it may struggle to regain higher prices short-term. The RSI and Stochastic indicate that MNT is not in the overbought territory, which might attract buyers looking for a potentially undervalued entry point. The levels to watch are $1.05 and $1.13 for resistance, and $0.88 and $0.80 for support.

Ethereum Price Analysis: Bulls Take the Lead

Ethereum’s price is making strong moves as it trades between $2,894.30 and $3,215.93 currently. With a significant 24.59% rise over the past week and an 18.08% increase in the last month, it’s clear the momentum is with buyers. The price has gone up greatly by 81.59% over the past six months, indicating a longer-term uptrend. Facing its next challenge, ETH approaches a resistance level at $3,361.08, with potential to push towards $3,682.72 if the bullish trend continues. However, support waits at $2,717.80 should the price dip, with a further cushion at $2,396.16. The RSI nears the middle, suggesting some balance in the current market sentiment, while the Stochastic implies the potential for an upcoming lift as it resides below typical buying areas. Current indicators and price action suggest Ethereum is in an impulsive phase, with the recent price changes hinting at a strong upward trend.

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.

Conclusion

Altcoin season marks a period of strong performance for cryptocurrencies beyond the leading Bitcoin. Projects like SOL, MNT, ETH, and NEAR might not offer the best short-term potential in comparison to others. Among these, BlastUP stands out due to its innovative concept and its integration within the larger Blast ecosystem. This particular project is seen as having the highest potential, making it a noteworthy option for those interested in the current bull run.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

 

Related Articles

SundaeSwap’s Major Milestone Signals Surging Adoption for ADA

Shivi Verma

CEO of JP Morgan Slams Bitcoins and Cryptocurrencies as ‘Decentralized Ponzi Schemes’

Mridul Srivastava

8-10 Years Until Mass Adoption of Metaverse: Nasscom’s Forecast!

Mridul Srivastava