The post Investors Look Forward Next Big Move from These 5 Cheap Altcoins Under 1$ appeared on BitcoinEthereumNews.com.

Cryptocurrency enthusiasts are increasingly eyeing the next potential breakout stars. This article delves into five undervalued altcoins, each priced below $1, that could be on the verge of significant growth. Discover which promising digital currencies are generating buzz and why they might be poised to deliver substantial returns. TRON (TRX) TRON (TRX) is experiencing a steady phase, sticking around $0.15. Despite a recent 2.75% weekly gain, it shows weakness with an RSI of 40, indicating more bearish pressure. Bulls seem cautious, as TRX faces resistance at $0.16. If it breaks through, it might climb another 6% to reach $0.17. However, if bears take control, it could dip to $0.14 or even slide 13% to $0.13. The consistent Simple Moving Average over 10 and 100 days highlights little momentum in either direction. TRX’s slow growth suggests it’s a wait-and-see scenario for traders. Stellar (XLM)  Stellar’s price is hovering between nine and ten cents. It’s having trouble gaining momentum. The bulls seem to have lost their strength, as the current price is close to recent support levels. XLM needs to break through its first resistance at just over ten cents to show any potential for growth. If it achieves this, it might reach its second resistance level, leading to a rise of about thirteen percent from the lower end of the current range. However, its RSI suggests the market isn’t overly heated. With a slight one-week gain, but a month and six-month decline, Stellar needs a solid push to regain loss ground. Dogecoin (DOGE) Dogecoin’s current price is moving between around nine and a half cents to nearly eleven cents. The RSI is just over 52, pointing to neither bulls nor bears having full control. The price change over one week is up by about two and a half percent, but the…

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Filed under: News - @ September 22, 2024 3:27 pm