With the bull run of 2024 underway, the search for the next big hitter in the crypto space is intensifying. And for those who missed the surge of Dogecoin, an analyst identified a fresh set of altcoins grabbing the spotlight. This article dives into 5 buzzworthy tokens that he believes could offer new opportunities for crypto enthusiasts looking to catch the next wave of high-potential investments.

BlastUP Goes Viral, Raising $4 Million in a Few Weeks

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Avalanche’s Price Volatility and Growth Prospects

Avalanche (AVAX) sees fluctuation in a week, down over 14%. However, monthly growth is positive at around 7.5%. In the past six months, AVAX has impressively tripled in value. The cryptocurrency currently falls between $51.34 and $58.12, closer to its nearer support level of $48.57, suggesting a potentially corrective move after recent gains.

Predicting AVAX price requires balance. Optimists note the strong six-month performance and growth potential, implying a rebound past $62.13 resistance could occur. Pessimists point to indicators like the MACD at 0.04, signaling a possible cooling down. Caution and optimism are both warranted, with AVAX facing tests at key support and resistance levels, which could determine its short-term trajectory.

NEAR Protocol: Bounce or Break? Price Movements in Focus

NEAR Protocol has seen noticeable price action with a one-week drop of about 8%. Over the past month, however, it has jumped over 50%. An impressive six-month rally has taken it up by over 500%. Currently, NEAR floats between $6.74 and $7.98. Movement is more corrective following the recent highs.

Looking ahead, NEAR could aim for its nearest resistance of $8.67 if momentum picks up, but obstacles stand firm at the second resistance of $9.91. On the downside, protection at $6.18 may cushion falls, with a stronger safety net near $4.93. Balancing hope with caution, NEAR's journey will depend on market sentiment and adoption progress.

Aptos Price Analysis and Prediction

The Aptos (APT) coin is currently moving in a price range between $15.46 and $19.02. Over the past week, the price has dropped by 20.64%, showing a significant decrease. However, looking at the past month, there is a gain of 16.27%, while over the last six months, the price has surged by a notable 163.19%. The coin's price movements suggest a corrective phase after its recent drop.

Considering the current support levels and the six-month increase, APT may have room for growth. The nearest resistance mark is at $20.97, with a stronger one at $24.53. If the coin can sustain its momentum and break past these barriers, we could see further gains. However, should it fall, there are support levels at $13.84 and $10.28 that might hold. With an RSI of 38.15 indicating neutral conditions, the future price movement could go either way.

Mantle Price Overview and Outlook

Mantle (MNT) is currently moving within a price range of $0.92 to $1.60. Over the past week, MNT has seen a price increase of 6.05%, and the past month has been even more impressive with a 42.29% rise. When looking at the performance over the last six months, the coin has surged by a notable 237.66%. The MNT price action suggests that the moves are impulsive, with high momentum behind the recent increases.

Looking ahead, Mantle (MNT) seems to have the potential to reach the nearest resistance level at $1.89, with the second resistance level at $2.57 in sight if the current momentum continues. However, traders should be aware that if the trend reverses, there is support at $0.53. With an RSI of 55.14 indicating that MNT is not yet overbought, and a MACD level of 0.03 suggesting the trend is still in favor, the outlook is cautiously optimistic.

Conclusion

A market analyst pinpointed new coins that could be of interest to investors who missed the Dogecoin surge. AVAX, NEAR, APT, and MNT are all gaining attention, but may present less opportunity for quick gains. The standout is BlastUP, part of the Blast ecosystem and praised for its innovative concept. This coin shows the greatest potential for growth in the current market climate.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

Disclaimer

This press release is for informational purposes only and does not constitute an endorsement or recommendation. Investors should conduct their research and exercise due diligence before engaging with any cryptocurrency mining platform.

The information provided in this press release is accurate at the time of release and is subject to change without notice.