The post Crypto Whales’ Bullish Bets: 5 Altcoins They’re Stocking Up for the Next Upcoming Market Cycle appeared on BitcoinEthereumNews.com.

Major cryptocurrency investors are making big moves in anticipation of the next market surge. Eyes are on five specific altcoins that are attracting substantial attention. This article breaks down which digital assets these influential figures are accumulating, hinting at potential opportunities for significant gains. Readers will discover which coins are being positioned for notable growth. Ondo (ONDO) Ondo (ONDO) is currently trading between $0.54 and $0.94 and is well-positioned for potential growth. Despite recent minor declines, ONDO has demonstrated impressive resilience with nearly 220% growth over the past six months. With the coin holding steady above the $0.39 support level, there’s a strong foundation for a potential upward move. As Bitcoin and broader market conditions improve, ONDO could leverage its current momentum to target the $1.19 resistance. Given that the RSI is around 56, indicating balanced market conditions, and the 10-day moving average is at $0.76, there’s an optimistic outlook for a significant rebound if bullish trends gain strength. Arbitrum (ARB) Arbitrum (ARB) is trading between $0.50 and $0.68, and its recent price action suggests an exciting opportunity ahead. Despite a recent dip, ARB shows promising signs with an RSI of 59.35 and a MACD above zero, indicating emerging bullish momentum. As market sentiment shifts, ARB could break through the $0.80 resistance, potentially targeting $0.98, which would represent over a 20% gain. The current support at $0.44 provides a solid safety net, and with growing positive indicators, ARB is well-positioned for a significant upward move as market conditions improve. Ripple (XRP) XRP is trading between $0.47 and $0.62 and has recently shown impressive bullish potential with a 33.89% rise in the past month. The coin’s proximity to its 10-day and 100-day moving averages, along with a strong RSI of 51.22, suggests it is primed for further gains. If XRP can…

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Filed under: News - @ August 11, 2024 7:08 am