Crypto Expert Names 5 Tokens That Will Skyrocket 55X in June

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In the realm of cryptocurrency, rapid growth can mean huge returns for investors who choose wisely. With the bull run of 2024 unfolding, certain tokens are poised to make significant leaps. A seasoned crypto analyst has pinpointed five such tokens with the potential to surge by an impressive 55 times their current value as early as June. This revelation is particularly timely for market participants searching for the next big opportunity. This article delves into the specifics of these tokens and the rationale behind their projected success.

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NEAR Protocol Price Movement and Forecast

The price of NEAR Protocol has been showing notable growth with a 345.18% increase over the past six months. Currently trading between $6.71 and $8.68, NEAR faces its next resistance at $9.59, while support lies at $5.65. With a small 0.05% rise last week and an 11.10% uptick over the past month, the momentum appears positive.

The current trend suggests a corrective movement, as indicated by the Relative Strength Index of 39.49, and the Stochastic value is quite low at 9.25, signalling potential upcoming buying interest. The 10-day and 100-day Simple Moving Averages are nearly equal, which may point to a settling in price action. The MACD level just below zero could imply a cautious market sentiment. Overall, NEAR’s price dynamics hint at a cautious but upward-trending market scenario.

Avalanche Price Moves: What to Look Out For

Avalanche (AVAX) has been experiencing substantial growth over the past six months, showing an 81.66% increase. Currently, AVAX is priced between $32.07 and $38.45. In the past month, the coin gained 3.81%, despite a slight 0.82% drop over the previous week. The price action suggests a corrective phase, as indicated by the RSI of 36.18, showing that the coin is not overbought.

Resistance and support levels are at $41.30 and $28.53, respectively. The coin’s price is below the 10-day and 100-day simple moving averages, which might point to a potential for an upcoming move towards these averages.

Jupiter Crypto Sees Strong Half-Year Gains; Short-Term Momentum Fades

In the past week, Jupiter’s (JUP) price dipped by roughly 9.75%, with a current price range between $1.0059 and $1.3273. Despite this recent drop, the coin has seen a significant rise over six months, soaring by 3617.67%.

Over the last month, JUP’s value increased by 7.055%. It is trading below its 10-day and 100-day simple moving averages, suggesting that the coin may currently be in a corrective move. Jupiter’s price is hovering closer to its support level at $0.8423, with potential resistance at $1.4851.

Uniswap’s Steady Climb and Optimistic Outlook

Uniswap’s price has been on the rise recently, showing strong performance across various time frames. Over the last week, UNI’s value surged by nearly 45%, and it maintained a similar upswing over the past month, at approximately 43.5%. Looking at the bigger picture, the last six months saw an impressive increase of over 80%. Currently, UNI is trading between $6.84 and $8.33.

UNI seems to be in a corrective phase, considering it is trading below its 10-day and 100-day moving averages, which are $11.46 and $10.13, respectively. The RSI is moderately high at 54.83, suggesting there might still be room for upside before the coin becomes overbought. With continuous buying pressure, UNI might test its nearest resistance level at $9.02.

If the momentum sustains, the coin could potentially challenge the second resistance level at $10.51. However, if the tide turns, the next support positions to watch are at $6.05 and then possibly at $4.56. Overall, Uniswap exhibits a balanced trend with potential for further gains in the near term.

Conclusion

The tokens discussed, NEAR, AVAX, JUP, and UNI, all have potential but may not see dramatic short-term growth. The standout is BlastUP, with a strong chance to outperform the rest. Its promising concept and integration into the extensive Blast ecosystem make it a token to keep an eye on for significant growth.

Crypto Pulpit