By PR Manager 26 February 2024 | 4:14 pm

Halving is Less Than 60 days Away, Hurry to Buy These Altcoins!

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The post Halving is Less Than 60 days Away, Hurry to Buy These Altcoins! appeared first on Coinpedia Fintech News

Pantera Capital, a hedge fund focusing on digital assets, projects an imminent bull crypto market for the next 18-24 months, arguing that several altcoins are primed for major gains. As the Bitcoin Halving event, which is less than 60 days away, usually triggers a market rally, now may be the perfect time to invest in these altcoins. This shift in market behaviour could bring increased attention to the emerging digital currency sector.

BlastUP Presale: the Rising Star Set to Continue the Blast Revolution

Blast, the only Layer 2 blockchain with a native yield for ETH and stablecoins, has recently made a splash in the crypto world with its head-spinning launch, reaching a staggering $1 billion TVL in just one month. Following the brilliant debut, a new big project based on this blockchain is entering the scene: BlastUP.

BlastUP is a groundbreaking launchpad poised to follow Blast’s path to roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.

Currently, BlastUP is running its presale, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.04, you get a hefty discount of 60% in the future, as the listing price is set at $0.1.

>> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale <<

Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.

The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.

>> Join BlastUP Presale NOW to Unlock Early Benefits <<

SEI Price May Surge Due to Partnership with Omni, But Risks Lie Ahead

SEI’s current price of $0.82 may experience a significant shift due to the partnership with Omni Foundation for standard unification of Ethereum NFTs. In the short term, the price may target the resistance level at $0.96, encouraged by the renewed market interest. However, MACD’s sell recommendation indicates there’s still downside risk, potentially towards the support level at $0.45.

In the long run, the broader adoption of the unified standard can make SEI an integral part of the Ethereum NFT ecosystem, bolstering its price to the second resistance level of $1.27. However, this push requires persistent market appetite for NFTs, which is yet unsure. The Simple Moving Average of 100 days at $0.54 suggests a much lower price level is possible if market conditions wane.

Arbitrum (ARB) Bullish Trend Predicted Amid Film Production Involvement

Arbitrum (ARB) is in the spotlight for its involvement in a film production backed by an Oscar-winning producer. This exciting development could invigorate investor interest and potentially trigger a bullish trend. Balanced against the current ARB market price near $1.8, a surge past the $2.28 and even the $2.80 resistance levels might be on the cards, particularly as the SMA 100-days Buy recommendation mirrors long-term growth prospects.

However, despite the hype around the filmmaking venture, ARB’s market dynamics indicate a more cautious outlook. Given the MACD sell recommendation and the SMA 10-days also signaling to sell, there are risks of short term downward price adjustments. The support levels of $1.37 and $0.98, alongside neutral RSI and Stochastic RSI Fast recommendations, could signify potential price ranges should this dampened sentiment prevail.

Mixed Predictions for Polygon (MATIC): Potential Bullish Turn or Downtrend Risk

The oscillation of Polygon (MATIC) presents both opportunities and risks. Overcoming the near-term resistance at $1.18 could escalate growth potential, pushing towards the next resistance level at approximately $1.29. Coupled with a MACD buy recommendation, it suggests potential for an upward swing, though this needs careful analysis over the next 100-day simple moving average.

However, the market is not devoid of downward pressures. Currently trading near $1, there is a risk of retreatment to the first support level of $0.64 with an underperforming 10-day simple moving average. Neutral recommendations from RSI and Stochastic RSI Fast suggest a balanced but cautious approach, recognising the possibility of MATIC prices retreating to even the second support level at $0.50.

Conclusion

BlastUP clearly stands out due to its innovative concept and strategic placement within the promising Blast ecosystem. While Sei, Arbitrum, and Polygon could all offer interesting opportunities, their potential seems somewhat overshadowed compared to the groundbreaking project BlastUP. The key takeaway is: while other coins might have traction, it is BlastUP that holds the promise of monumental growth fueled by its unique offering and solid vision.  

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io