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Top 4 Altcoin Strategies for Long-Term Profit Potential

Time:2024-03-07 Click:79


Musk added more than 1,000 Tesla Bitcoins.

The market is on a correction, Cancun is coming, and the potential of copycats is exploding!

A quick look at this week’s four most promising altcoins:

OP: Optimism is high, the current price is $4.56, close to the resistance level of $4.32, and the MACD and moving average indicators indicate continued growth. If it breaks through $4.95, a new trend is established; if it pulls back, focus on whether it can hold the moving average of $3.17.

SEI: It has surged recently and the market transition or fluctuations are unpredictable. If the upward trend is maintained, it may consolidate at $1.27; however, MACD recommends caution and may fall to $0.60. In the short term, the rapid rise coexists with the RSI buy signal, but it is below the 10-day moving average, so we need to guard against the weakening of speculation.

ARB: The Woofi attack may affect the price of Arbitrum. If trust declines, it may fall to $1.45. However, the flexibility of the loan platform may bring about long-term gains. MACD and the moving average send out buy signals, and an upgrade is expected.

ADA: Cardano is currently priced at $0.73, close to the resistance at $0.75. If the market is optimistic, it may rise to $0.85; both MACD and the moving average recommend buying, indicating long-term profit potential. However, market uncertainty also brings risks, and attention should be paid to the possibility of falling support at $0.52 and lower.

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