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    Home - News - Altcoin Price Rally Is About To Start In August – All You Need to Know
    News

    Altcoin Price Rally Is About To Start In August – All You Need to Know

    Praveen JadhavBy Praveen JadhavJuly 16, 2024Updated:July 16, 20245 Mins Read
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    Altcoin Price Rally Is About To Start In August - All You Need to Know
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    The crypto market remains calm, hinting at an upcoming bull run. There is growing anticipation that altcoins are about to make significant gains. Current price levels offer a good entry point for investors. Many altcoins are already showing signs of upward movement, suggesting a major rally may start in August.

    This article unveils which coins are primed for growth, providing crucial insights for those looking to capitalize on the next big surge. Stay tuned to discover the top-performing altcoins anticipated to explode in the imminent market upswing. Readers will find valuable information to navigate these exciting times in the cryptocurrency landscape.

    BlastUP Provides Final Opportunity to Get $BLASTUP Ahead of Its TGE

    In just over 3 months since its launch, BlastUP has already confirmed its pivotal role in the Blast ecosystem, serving as a groundbreaking launchpad for crypto startups. It has raised a phenomenal $8 million in its presale and formed a thriving community of nearly 20,000 $BLASTUP holders. In keeping with its goal of accelerating growth, BlastUP has already launched 4 successful Initial DEX Offerings (IDOs), helping new projects build a strong foundation for a stellar start. 

    Currently, BlastUP is preparing for the token generation event scheduled for July 2024. BlastUP tokens (BLASTUP), which were sold for pennies during the presale, will be priced at $0.1 at the listing.  

    Last Chance to buy BLASTUP Token at the Best Price!

    The only way to get the BLASTUP token at the presale price now is to purchase Blastbox V2. It is a loot box that contains a certain amount of $BLASTUP and Booster Points, special tokens used to reward the most active community members. 

    Those who buy Blastbox V2 get a treasure chest that gives them access to a number of privileges. Owners of Blastbox V2 can:

    • Access the launchpad IDOs and get exclusive rewards
    • Participate in airdrops and get free tokens and NFTs
    • Receive higher interest for staking $BLASTUP

    Importantly, the supply of Blastbox V2 is limited to 9999. The scarce availability can quickly drive up demand, so it is wise to hurry up and buy these rare loot boxes while you can.

    Buy Blastbox V2 While You Can

    Render (RNDR) Shows Potential for Strong Growth Despite Recent Dips

    Render (RNDR) is currently trading between $5.61 and $6.83, reflecting mixed signals in the market. Despite a 19.6% drop over the past month, the coin has surged by more than 50% in the last six months. The nearest resistance level at $7.48 and support at $5.03 suggest a consolidation phase. With a 10-day moving average at $6.57 just above the 100-day average of $6.24, bullish momentum appears to be building. If the coin breaks through the $7.48 resistance, it could potentially target the next level at $8.70, offering a gain of close to 50% from its current range.

    Cosmos (ATOM) Shows Signs of a Potential Breakout, Bulls Gear Up

    Cosmos (ATOM) is currently trading between $5.79 and $6.47, and is showing signs of potential growth. The bulls are eyeing the nearest resistance level at $6.71, with the possibility of pushing towards the second resistance level at $7.38. This move would represent a rise of over twenty percent from its current range. Despite a 10.98% drop in the past month, the recent 9.23% weekly gain indicates renewed interest. With its relative strength index at 46.85 and a MACD level of 0.02, Cosmos is maintaining stability, and if buying momentum continues, the bulls may have a chance to drive the price higher.

    Polygon (MATIC) Primed for Growth Amid Market Fluctuations

    Polygon (MATIC) is currently trading between $0.48 and $0.56, showing signs of potential growth despite recent dumps. The nearest resistance sits at $0.59, which could be the first test for bulls. With the coin’s price up around 5% over the past week and based on a strong support near $0.43, there’s room for optimism. If Polygon can break past the initial resistance, it might target the second resistance level at $0.66, potentially rising over 17% from its current range. Bulls appear ready to push, aiming for even greater gains as market conditions improve.

    Notcoin Set for a Bullish Revival Despite Recent Dip

    Notcoin (NOT) has seen a slight dip recently but still holds strong potential for growth. Currently trading within a range of around one and a half to almost two cents, it sits just below the nearest resistance level of two cents. Despite a slight drop in the past week and month, the coin has surged by over seven times in the last six months. Bulls may be taking a breather, but with the Relative Strength Index near neutral and the MACD showing mild bullish signals, Notcoin could soon test its first resistance level. If it breaks through, the coin could rise to the second resistance level at nearly two-and-a-half cents, a potential increase of over 40% from its current high.

    Conclusion

    The rally is set to start in August, with BLASTUP showing the highest potential. While RNDR, ATOM, NOT, and MATIC offer some growth, they are expected to have less impact in the short term. BLASTUP stands out due to its innovative concept and integration within the Blast ecosystem. The project’s unique offerings and strong backing make it a key player to watch.

    Site: https://blastup.io/

    Twitter: https://twitter.com/Blastup_io

    Discord: https://discord.gg/5Kc3nDhqVW

    Telegram: https://t.me/blastup_io

    Also Read: PEPE, WIF, FLOKI Skyrocket While BTC Dips Post Mt. Gox News

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Praveen Jadhav
    • Website
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    Praveen got into the world of cryptocurrency in 2017 by trading and investing. With a wealth of experience managing various crypto-related projects, Praveen is deeply passionate about all aspects of cryptocurrency, blockchain, Metaverse, and NFTs.

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