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    Home - News - Get Ready for Altseason: Institutions Are Buying Altcoins, Big Data Coming This Thursday!
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    Get Ready for Altseason: Institutions Are Buying Altcoins, Big Data Coming This Thursday!

    Sandeep JadhavBy Sandeep JadhavJuly 9, 20244 Mins Read
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    Get Ready for Altseason Institutions Are Buying Altcoins, Big Data Coming This Thursday!
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    The crypto market is currently calm, with a potential bull run on the horizon. Altcoins remain at low levels but are ready to surge. Institutional investors are now quietly buying up these lesser-known digital currencies, causing speculation about the upcoming altseason. With big data scheduled to be released this Thursday, excitement is building for which altcoins might see significant growth. This article promises to delve into the specific coins poised for a breakout. Stay tuned to discover which altcoins should be on the radar.

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    Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.025 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

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    NEAR Protocol Poised for Growth Amid Bullish Trends

    NEAR Protocol has recently shown some volatility, with its price currently ranging between $3.73 and $5.33. The bulls appear to have some control as current technical indicators suggest a potential uptrend. The price dipped by almost 14% over the past week and 31% over the past month, yet it remains strong with a six-month growth of nearly 26%. The nearest resistance level is at $6.26, and breaking this could drive prices up to $7.86, which would be a sizeable increase. With an RSI of 51.53 and Stochastic at 63.72, there’s room for upward movement. The NEAR Protocol could see strong gains, potentially rising 50% from its current price.

    Ethena (ENA) Set for a Breakout Despite Recent Dump

    Ethena (ENA) is currently trading between $0.30 and $0.51, showing the same promising patterns we saw in 2021. Despite recent drops of 18.67% in the past week and 50.68% this month, ENA has risen by nearly 40% over the past six months. With a 10-day average of $0.41 and an RSI of 56.44, the bulls are gearing up for action. If ENA moves past the $0.64 resistance, it could soar to $0.84, offering a potential rise of about 65%. The momentum indicators suggest a bullish trend, making this dip an ideal entry point for investors looking for significant gains.

    Starknet (STRK) Poised for a Rebound Despite Recent Slump

    Starknet (STRK) has seen a drop recently, but the future looks bullish. Currently priced between $0.43 and $0.68, STRK faces a key resistance at $0.82 and support at $0.32. Despite a tough month with a nearly 47% drop, the past six months show a strong 195% rise. With an RSI of 55.22 and trading above the 100-day SMA of $0.55, the coin has potential to break through $0.82 and possibly hit the second resistance at $1.06. This represents up to a 147% rise from current levels. Bulls may be gearing up for a solid comeback.

    Toncoin (TON) Primed for Growth Despite Minor Setback

    Toncoin (TON) currently trades in the $6.22 to $8.01 range, showing some resilience amid broader market declines. With a key resistance level at $8.97 and solid support at $5.39, bulls are eyeing a comeback. Despite a slight weekly dip of over 5%, the coin has climbed by 5% in the past month and an impressive 223% over six months. The Relative Strength Index of 63.62 and a high Stochastic value of 97.35 suggest limited pullbacks. If momentum picks up, TON could reach its next resistance level of $10.77, marking a potential 34% increase from its current upper range. The current technical indicators hint at a strong bull run ahead.

    Conclusion

    While NEAR, ENA, STRK, and TON show less potential in the short-term, CYBRO offers investors unparalleled opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. With lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience characterized by seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.

    Site: https://cybro.io

    Twitter: https://twitter.com/Cybro_io

    Discord: https://discord.gg/xFMGDQPhrB

    Telegram: https://t.me/cybro_io

    Also Read: Bitcoin (BTC): Australia Set to Launch Second Bitcoin ETF

    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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