Must-Own Cryptos for Q2: Top Analyst's High-Gain Predictions 💰

As the bull run of 2024 charges forward, savvy investors are searching for cryptocurrencies that promise significant returns. This analysis provides a carefully selected list of cryptocurrencies poised for exceptional performance in the next quarter. With a strategic focus on growth potential, these picks are tailored for those looking to maximize their gains in a thriving market.

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BlastUP, the premier launchpad on Blast, has recently made waves in the crypto world with its stunning debut, raising $4 million in just a few weeks. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.

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Polkadot’s Current Movement and Price Prediction

Polkadot (DOT) has seen significant growth in the past six months, rising 128.61%. However, more recently, the coin has faced setbacks, with a 9.74% drop over one week and an 18.29% reduction over the past month. Currently, the price fluctuates between $7.94 and $9.61. The indicators suggest that DOT's price movement is more on the corrective side after its previous gains.

Looking ahead, if DOT maintains positive momentum that drove the six-month spike, it may test the nearest resistance at $10.52 or even aim for the second resistance at $12.19. Still, should the current corrective pattern persist, DOT could fall towards the nearest support level of $7.18, or potentially down to $5.51.

Avalanche Price Forecast: Balancing Optimism and Caution

Avalanche, or AVAX, sees current prices between $44.15 and $54.34. In the past week, the price dropped by 9.34%, while the increase over the last month is 14.88%. Over six months, AVAX soared by 414.87%. The price shows mixed behavior, with recent dips suggesting a corrective phase, yet the overall trend has been significantly upward, indicating previous impulsive strength.

Looking ahead, AVAX might climb towards the nearest resistance at $59.34 and even the second resistance at $69.53 if the bullish trend returns. Optimism is supported by the massive six-month gain. However, caution is advised as the market can be unpredictable. AVAX could also test support levels at $38.96 or $28.77, especially if current market conditions cause more corrections.

NEAR Protocol Price Analysis and Prediction

NEAR's current price is between $6.11 and $7.61. Over the last week, NEAR dropped slightly by 1.38%. However, the past month shows a much better performance with a 25.06% increase. Looking back six months, NEAR has made a significant jump, with the price soaring 590%. Prices are currently above both the 10-day and 100-day simple moving averages, hinting at positive momentum. Overall, NEAR seems to be in an impulsive move, with the price ascending in the short to medium term.

NEAR's near-term future looks promising with support at $5.31 safeguarding against any immediate drop. Though a dip to the second support level of $3.81 seems unlikely right now. Upside potential is capped around $8.30 and then at $9.80, which NEAR will aim to test. The coin's progress points to investor confidence, yet the market faces unpredictable outcomes.

Conclusion

While coins like DOT, AVAX, and NEAR may not promise quick gains in the second quarter, they remain solid choices for a varied portfolio. The spotlight, however, shines on BlastUP, poised as the potential standout for significant growth. The strong concept behind BlastUP, coupled with its integration into the wider Blast ecosystem, positions it for a promising performance ahead.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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Telegram: https://t.me/blastup_io

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.