Top 5 Cryptocurrencies to Recoup Your Losses After Bitcoin Halving

The recent BTC halving has caused major changes in the crypto market, with many investors eager for a bounce back. As the 2024 bull market gains momentum, a select group of cryptocurrencies are poised to help enthusiasts regain their footing. In this article, they introduce 5 potential coins that can cover your losses and make profits in a prosperous market environment. Let’s take a closer look at which cryptocurrencies could be the key to a return on investment during this exciting phase of the crypto cycle.

BlastUP went viral, and in just a few weeks he raised $4.7 million

Blast’s main launchpad, BlastUP, recently made waves in the cryptocurrency world with its spectacular debut, raising $4.7 million in just a few weeks. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.

BlastUP token holders can benefit from a variety of privileges, including participation in airdrops, exclusive loyalty rewards from participating in IDOs, and the ability to earn interest through staking.

BlastUP is a leader in the world of cryptocurrencies. It is powered by Blast, TVL’s sixth largest blockchain, providing real utility as a launching pad for DApp companies. With the motto “Grow Faster, Earn More”, BlastUP is committed to driving the success of blockchain startups. If you join BlastUP, you’ll be part of a project poised to become the next big thing in this bull market.

Jupiter Crypto Currency Price Movements and Analysis

The price of Jupiter has risen sharply in the past 6 months, increasing by 3827.33%. The recent weekly increase is 6.96%, with the coin trading between $0.96 and $1.28. However, it fell by 4.10% last month. Current trends suggest a combination of impulsive and corrective moves towards higher levels, with the closest resistance at $1.41.

Given JUP’s strong first-half performance, investors will be watching to see if the price can break through the $1.41 mark. If successful, the next target could be $1.73. On the downside, the support at $0.77 could hold if the price declines, but if not, it could fall to $0.45. Although the bullish view is supported by a healthy RSI of 54.85, the coin still needs to proceed with caution amid mixed signals from other indicators.

Understanding Ondo Cryptocurrency Price Movement

Ondo (ONDO) is currently trading between $0.64 and $1.03. ONDO’s value decreased by 9.81% in the past week, but increased by 10.08% in the past month. There has been a significant rise in the past 6 months, the price has increased by 2614.20%. The coin has had mixed movements and has recently tended to correct from recent highs.

Looking at ONDO, we can see that it is below the first major challenge at $1.24 and has a safety net around $0.47. As excitement builds, the next test awaits at $1.62. However, if the support breaks, there is a risk of a sharp drop to $0.09, so be careful. The recent average price has been hovering around $0.80, and the stability shown by the RSI and MACD leads some to believe that ONDO could rise, but it’s a delicate balance.

Polkadot Crypto Analysis: Find a balance or prepare for change?

Polkadot (DOT) showed a positive price change of 8.60% in 1 week, but experienced a decline of 16.57% in the last month Did. Even more impressive is the 77.80% increase over the six-month period. DOT is currently trading in a range of $6.52 to $7.53. This uptrend suggests an impulsive move supported by a high RSI of 72.18, indicating strong buying interest.

A six-month uptrend and current solid buying, as indicated by the RSI, makes the outlook optimistic. However, caution is advised as the RSI also indicates the possibility of overbought conditions that could lead to a correction. If DOT clears the next resistance at $7.91, further bullish momentum could continue until the second resistance at $8.92. On the other hand, if selling pressure increases, DOT could retest the support at $5.89 and even $4.88.

XRP Current Price Overview and Market Movement

The price of XRP has been showing fluctuations over various periods and has increased by 5.84% in the past week. However, it has fallen 12.83% in the last month, and the six-month review shows a slight decline of 4.74%. The coin is currently trading between $0.48 and $0.55 and the market is neither oversold nor overbought based on technical indicators such as RSI of 58.04 and Stochastic of 57.12. The price appears to be in a correction phase as it moves between known support and resistance levels.

Looking ahead, XRP faces its next challenge at the $0.58 resistance level, with another hurdle at $0.65 if this momentum continues. If the market reverses, support lies at $0.44 and $0.37. While the recent weekly increases are positive for short-term developments, the large monthly declines suggest caution. The moving average suggests a potential uptrend, as the 10-day moving average is above his 100-day moving average. Positive developments within the XRP ecosystem are likely to drive growth, but overall market sentiment will also play a key role in price trends.

Conclusion

Selected coins JUP, ONDO, DOT, XRP promise some recovery after the BTC halving, but may not bring significant gains in the short term. Instead, a standout option is BlastUP, which is part of the up-and-coming Blast ecosystem. BlastUP’s strong concept gives the company significant growth potential, making it a top candidate for recovery and profit in the ongoing bull market.