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    Home - News - Bitcoin is Under Strong Selling Pressure After Fed Meeting, but These Unexpected Altcoins Can Break ATHs
    News

    Bitcoin is Under Strong Selling Pressure After Fed Meeting, but These Unexpected Altcoins Can Break ATHs

    Sandeep JadhavBy Sandeep JadhavAugust 1, 20244 Mins Read
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    Bitcoin is Under Strong Selling Pressure After Fed Meeting, but These Unexpected Altcoins Can Break ATHs
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    Bitcoin is experiencing intense selling momentum following the recent Fed meeting, however, some lesser-known altcoins are showing remarkable promise. These surprising contenders are on the verge of significant breakthroughs, poised to defy expectations and potentially deliver substantial gains. Stay tuned to discover which digital assets are on the cusp of growth amidst the current market turmoil.

    CYBRO Presale Climbs Past $1.5 Million: A One-in-a-Million DeFi Investment Opportunity

    CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1.5 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

    Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

    CYBRO Banner

    Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

    With only 21% of the total tokens available for this presale and approximately 64 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

    >>>Join CYBRO and aim for future returns up to 1200%<<<

    OriginTrail (TRAC) Struggles Amid Bearish Trends, Eyes on Support Levels

    OriginTrail (TRAC) is currently battling bearish trends, priced between $0.62 and $0.78. The current support is at $0.55, while it faces resistance at $0.87. Bears seem to have the upper hand, as the coin shows signs of weakness with an RSI of 38.01 and a month-long decline of over 19%. However, if it can break the $0.87 resistance, it might aim for the next level around $1.03, which would be a significant rise of around 33%. The trends suggest caution, even though the potential for growth remains if market conditions improve.

    Bears in Control as Polymesh (POLYX) Struggles

    Polymesh (POLYX) is currently trading in the $0.24-$0.29 range, struggling to stay afloat. The bears seem to be in the driver’s seat, with a recent weekly decline of over 8% and a monthly drop of nearly 13%. Despite its 6-month growth of almost 56%, the short-term indicators aren’t promising. The coin faces resistance at $0.31 and support at $0.22, suggesting limited potential for an immediate rally. If it breaks past the $0.31 level, it could ascend to around $0.36, marking a rise of roughly 23% from its current state. However, with an RSI of 43.22 and a MACD dipping below zero, the bulls have their work cut out for them.

    Synthetix (SNX) Struggles to Find Bullish Momentum Amid Market Volatility

    Synthetix (SNX) is currently struggling, with prices ranging between $1.59 and $1.91. The nearest resistance at $2.08 seems tough to breach, while support at $1.43 offers some hope for stabilization. The coin has faced a weekly drop of almost 4% and a steep monthly decline of around 18%. The RSI sits at 39.24, indicating weak bull presence. However, the potential to rise up to 30% exists if it breaks the $2.08 resistance, potentially reaching the second resistance at $2.40. For now, the coin’s price is weighed down by bearish sentiment.

    Conclusion

    TRAC, POLYX, and SNX show limited potential in the short term. CYBRO, a high-tech DeFi platform, presents unmatched opportunities for boosting earnings through its AI-based yield aggregation on the Blast blockchain.

    Key features include attractive staking rewards, exclusive airdrops, and cashback on purchases, making CYBRO user-friendly with easy deposits and withdrawals. With a focus on transparency, compliance, and high quality, CYBRO garners strong interest from prominent crypto investors and influencers, marking it as a standout project.

    Site: https://cybro.io

    Twitter: https://twitter.com/Cybro_io

    Discord: https://discord.gg/xFMGDQPhrB

    Telegram: https://t.me/cybro_io

    Also Read: Last Chance to Turbocharge Your Portfolio with Memecoins This Summer

    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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    Sandeep Jadhav
    • X (Twitter)

    Sandeep got into crypto in 2018 by trading and investing. He began writing about cryptocurrency and blockchain technology in 2020 and now serves as OvenAdd Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things cryptocurrency, blockchain, and NFTs.

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