The interest in major cryptocurrencies including Cardano, Tron, SUI, and Solana is growing because of the prospects of huge returns. These tokens’ recent metrics suggest an upward movement with the current metrics. This analysis of data casts the net wider for investors keen to capture volatile movements in cryptocurrency markets. However, one question remains: who will be that token?
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Progressing from Temporary Endeavors
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Cardano is Setting Up for his Next Price Surge!
Cardano is currently pricing in between $0.86 and $1.15, with the price increasing by 131% over the previous half of a year. With the strong support at $0.72 and resistance close to $1.30 Cardano is set to skyrocket.
The RSI is just over 45, meaning it is far from overbought. If Cardano breaks his resistance level, they could hit the newer resistance $1.59, which is a significant boost from their current level. With the recent gradual spike and overall market optimism, Cardano is most likely to hit an upcoming price surge.
TRON (TRX) Set to Explode: Making Headway for Further Profit
TRON has remained steady between $0.21 and $0.26, which is good. During the past 6 months, it has increased over 83%. If it breaks through the $0.29 resistance level, we could see a rally to $0.34, which would be approximately a 30% increase from the current high. Both RSI and Stochastic levels provide suggestive evidence of improvements, and the MACD is also positive.
The 10-day and 100-day averages have both been stable at $0.25, which implies steadiness. Short-term price movements appear stable, but in the long term, there seems to be a lot of potential. There may be good news in TRON and from the way things look, it may help investors during the upcoming altcoin season.
Sui (SUI) Breaks Resistance While Price Keeps Moving
Sui (SUI) Eye’s price volatility has changed recently. Currently, it is trading between $4.14 and $5.00, a bit below its 10-day simple moving average of $4.27. Over the last six months, the number of SUI tokens has risen over 430%, but it has dropped -11.88% in the last week and -9.10% in the last month.
The coin is currently considered oversold due to the low relative strength index which is about 38 as well as the 10 stochastic. If the coin succeeds in breaking the resistance of $5.50 the next target could be at $6.36. On the other hand, to achieve more growth, the support level of $3.77 will need to stay secure.
