These Are the Q2 Crypto Must-Haves for Every Trader

As the second quarter unfolds, certain cryptocurrencies are emerging as essential for astute traders. These standout coins show potential for significant growth, making them crucial for any informed portfolio. Discover which digital assets are the top picks for this quarter and why they could be pivotal in achieving substantial returns.

Sui (SUI): Mixed Short-Term Correction and Strong Six-Month Rally

SUI recorded a modest 2.53% increase over the past week, with a slight one-month decline of 0.58% and a robust six-month gain of 13.70%. Price fluctuations in the short term have been moderate, while trends over the past six months show recovering strength. The figures highlight minor pullbacks, followed by gradual improvements in overall market sentiment.

Currently, SUI trades within a range of $1.74 to $3.03. A strong support level is at $1.21, while resistance is noted at $3.78, with an additional level at $5.07. The market shows balance as momentum indicators are near neutral. This setup suggests potential buying opportunities near support, with exit strategies aimed at resistance zones.

IMX Price Snapshot: Recent Drops Amid Emerging Bounce

Past month performance saw a decline of 22.66% and over six months the fall reached 68.48% with a notable weekly gain of around 10.92% hinting at short-term recovery efforts. Price action has been volatile with significant downtrends overshadowing frequent upward attempts. The trajectory showcases both sharp losses and bursts of recovery without a clear, steady trend over the observed period.

Current trading sees the coin hovering between $0.40 and $0.70, with immediate support at $0.28 and resistance near $0.88. Bulls and bears currently contest control without clear dominance, suggesting traders consider movement within these levels and cautious plays while watching for any decisive break toward the secondary resistance at $1.18.

Kaspa: Short-Term Rally Amid Long-Term Downturn

Kaspa recorded a 14.15% weekly jump and a 12.54% monthly gain, while a 31.65% slip over the past six months marked a tougher medium-term sentiment. The recent push contrasts with the longer timeframe loss, showing a brisk movement upward in the short run that stands out against the overall bearish backdrop. The price action hints at potential reversal dynamics if the momentum continues.

The trading range now sits between $0.0485 and $0.0875, with immediate resistance at $0.11 and support at $0.0325. Bulls have stepped in recently, but the RSI at 67.65 signals caution for an overbought condition. Watching for a clear breakout above resistance or a dip below support could guide trading decisions.

Conclusion

SUI, IMX, and KAS are the essential picks for traders this quarter. SUI shows strong growth potential. IMX offers promising utility features. KAS stands out with its unique advantages. These coins are worth considering for a diversified portfolio. Their different strengths can help mitigate risks and enhance returns. TextInputType

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.