The post Curve DAO, Hedera, and JasmyCoin Set for Massive Gains appeared on BitcoinEthereumNews.com.

Bitcoin’s price soared to a new all-time high this week, surpassing the eagerly awaited $100,000 mark, which led to a significant surge in the altcoin market. This surge followed a slight dip in Bitcoin’s value, creating a rush among investors to switch to altcoins. Should Bitcoin’s price face further corrections in the coming week, it’s possible that the prices of CRV, Hedera, and JasmyCoin could double. Altcoin Season Index Skyrockets Above Trendline  Analyzing the altcoin season index chart, the metric has been skyrocketing over the last two weeks. The indicator is currently at 86, signalling that the altcoin season has kicked off. A reading of 75 signals the beginning of altcoin season.  If this value approaches 100, it will further confirm that altcoins are outperforming Bitcoin, suggesting they may continue to do so. Curve Dao (CRV) Price Analysis The long wick and tail on CRV’s candlestick indicate selling pressure at higher prices and buying interest during dips. After witnessing a strong surge, the price of CRV faced resistance around $1.34. As of writing, CRV price trades at $1.2, surging over 1.1% in the last 24 hours. If CRV price maintains a price of $1, the CRV/USDT pair might aim for the high of $1.6, which sellers will likely staunchly defend. A sharp decline from this level could lead the bears to drive the price down to $0.9, potentially establishing a trading range. On the other hand, if buyers overcome the $1.6 resistance, the pair could surge to $2.5 and possibly extend to $3.5. However, if sellers manage to pull the price below $0.9, they could regain control. Hedera (HBAR) Price Analysis HBAR price has experienced a pullback during a strong uptrend, signaling that traders are taking profits near the $0.4 mark. The pullback is currently finding support within the range…

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Filed under: News - @ December 7, 2024 7:14 pm