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HomeNewsInvestors Load Up on These Altcoins in Anticipation Bull Run

Investors Load Up on These Altcoins in Anticipation Bull Run

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As optimism returns to the crypto market, attention is turning to certain lesser-known coins showing strong potential. Investors are making strategic moves, accumulating digital assets that could be on the verge of significant growth. The buzz surrounds which altcoins might spearhead the next market rally, sparking keen interest and speculation among traders and enthusiasts.

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Site: ZircuitDEX

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PYTH Poised for Growth as Bull Run Looms

Pyth Network’s price sits between $0.33 and $0.38. In the past week, it has gained over 6%. The 10-day moving average is above the 100-day average, suggesting upward momentum. The Relative Strength Index is at 47, leaving room for growth before hitting overbought levels. A low stochastic value indicates the coin may be oversold and ready to rise. If the price breaks the resistance at $0.39, it could climb to $0.43, marking a significant increase. The MACD is positive, signaling a bullish trend. With altcoin season on the horizon and a global crypto bull run expected, PYTH may see strong growth soon.

Helium (HNT) poised for breakout: 20% weekly gain hints at upward momentum

Helium (HNT) has surged over 20% in the past week, signaling strong upward momentum. The current price ranges between $6.07 and $7.36, nearing the resistance at $7.82. Both the 10-day and 100-day moving averages are around $7.00, indicating a potential bullish crossover. The RSI is under 40, suggesting there is still room for growth. The stochastic oscillator is very low, pointing to oversold conditions ready for a bounce. If HNT breaks the $7.82 resistance, it could target the next level at $9.11, representing a significant percentage gain from the current price. This movement may be the start of a larger rally as we enter the altcoin season.

Axelar (AXL) Shows Upward Momentum Amid Altcoin Season Hopes

Axelar’s price ranges between $0.78 and $0.92, showing positive signs. Over the past month, it has risen by 31.91%. The 10-day simple moving average is $0.80, which is close to the current price, indicating potential stability. The Relative Strength Index is at 45.84, suggesting room for growth before reaching overbought territory. The nearest resistance level is at $0.98; breaking this could see the price move towards the second resistance at $1.12. This move would represent a significant percentage increase from the current range. The nearest support level is at $0.69, providing a safety net for the price. With these indicators, Axelar may continue to gain as optimism grows in the crypto market.

Conclusion

While altcoins like PYTH, HNT, and AXL show less short-term potential, ZircuitDEX stands out by offering 500X capital efficiency with lightning-fast transactions and zero slippage. The ZDEX Token, available at a presale discount, provides benefits like early access to new meme coins, reduced fees, governance rights, and revenue sharing. Early adopters can enjoy exclusive perks and help shape the platform’s future.

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John Kiguru
John Kiguru
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@ethnews.com Phone: +49 160 92211628
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