Top 5 Altcoins To Produce Huge Gains By Month-End
The crypto market has been presenting a green chart for the past week. The price value of Bitcoin has hit a new ATH at $67,000 and took a pullback. Currently, the price of Bitcoin was 2.04% up, Ethereum was 11.86% up and Solana is 38.11% up.
Significantly, a Twitter account named Credible Crypto which has wide followers has posted a tweet mentioning bullish altcoins. According to analysts, the following altcoins are the top five cryptocurrencies that might get huge gains by month-end. These altcoins are Convex Finance, Ripple, Ethereum, Hedera Hashgraph, and Solana.
Convex Finance (CVX)
According to the post from Credible Crypto Whales have purchased Convex Finance, where CVX token powers the Curve Finance decentralized exchange. The post mentions that “Another million-dollar purchase of CVX from pros at the price of $21.53 per CVX.
At the time of writing, CVX was trading at $24.75 which was 25.53% up in the last 24-hours. Moreover, CVX was trading in the range between $17 to $25, thus $25 might be the important resistance level. Whereas, if CVX falls below $17 then it may continue to decline.
Ripple (XRP)
Despite US Securities Regulators, XRP still looks split and might present an upswing chart. According to Credible, he predicts that XRP will turn support level from a historic resistance level which will pave the way for a huge gain.
At the time of writing, Ripple (XRP) is trading at $1.10 which is 1.98% up in the last 24-hours. Currently, the price value of XRP has recovered from its fall at $1.057 and has surged up to $1.10. Thus the trend may continue its bullish run.
Ethereum (ETH)
According to the analysts, Ethereum follows the track of BTC which has set its new all-time high cracking heavy resistance levels. Significantly, ETH followed BTC and has surged to $4,205 currently.
Moreover, ETH has gained 12.76% in the last 24-hours setting up its support level at $3,960. This support level will be the immediate support line whereas the next support level will be at $3,797.
Hedera Hashgraph (HBAR)
According to Credible Crypto, HBAR has the potential to set up a new all-time high if it cracks the hurdle at $0.47. The price value of HBAR has soared from 0.360 to $0.389 in a few hours.
At the time of writing, the trading price of HBAR is $0.385 which is 5.70% up in the last 24-hours. If the trend continues the bullish run and cracks the heavy resistance at $0.47 then it might crack the previous ATH at $0.56.
Solana (SOL)
As per the analysts, Solana (SOL) is also predicted to set a new all-time high. With the 7-day statistics, the report depicts that SOL has risen 38.32% which is from $162.60 to $213.62.
It is worth noting that SOL is preparing to set a new all-time high as the price chart depicts a bullish pattern. At the time of writing, the trading price of SOL is $213.62 with 13.91% up which is expected to surge more. Analysts predict that SOL aims to cross $215 securing a strong support level.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
