Ethereum

Bitcoin

Arthur

Orbs

Avalanche

<div class="finbold">
 <p class="paragraph">There have been many exciting developments in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market since the start of 2024, and many <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies have been making major moves, with perhaps the biggest star of the most recent period being Ethereum (ETH) as it reclaimed $3,000 for the first time in almost full two years.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/ZUdgR7g922VAhcxGA4QIu7xzvnDwHHE8WSG-WCKZXPbVT7CZjk1HSUfdn8sx74SqW1eHhZ3ZbsriPZeWUjXjlUcTn1VWw2fXybpNyF0faIX6I2lXWIY21Ufa-rWQgZQvXSpu6Xz_daAhLmmyQUeSjXU" alt>
  <figcaption class="wp-element-caption">
   ETH YTD price chart. Source: Finbold
  </figcaption>
 </figure>
 <p class="paragraph">Indeed, nearly every week has brought some action that could have helped savvy <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> traders multiply their investments, and late February is no different.</p>
 <p class="paragraph">In this context of high hopes that some milestones – long in the making, such as XRP’s expected surge to $2 – will be reached, but with risks of unexpected mishaps still high, Finbold decided to take a look at 3 <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies well-positioned to help investors&nbsp; $100 into $1,000 as soon as next week.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picked for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Colossal whale buys over $250 million of Ethereum in 4 days <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Shots fired: Arthur Hayes slams Cardano as ‘dogsh*t’ and ‘wannabe Ethereum’ <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Orbs and IntentX collaborate to elevate on-chain OTC derivatives and spot trading&nbsp; <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How much money does Jeff Bezos make a second? <span class="self-center text-xs text-slate-500">3 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-bitcoin-btc">Bitcoin (BTC)</h2>
 <p class="paragraph">As the world’s foremost cryptocurrency, Bitcoin (BTC) has again taken the lead in the most recent rallies. BTC made headlines twice in the initial weeks of the year, first due to the approval of nine spot Bitcoin exchange-traded funds (ETFs) and then as the leader of a $100 billion wipe that happened as the crypto market was adjusting to the newborn nine.</p>
 <p class="paragraph">The cryptocurrency has since experienced a major surge. At approximately $52,000, it is again eyeing a surge toward its previous all-time highs – though it remains uncertain if Bitcoin will be struck by a major correction and a major buying opportunity before it restarts a bull run.</p>
 <p class="paragraph">Finally, in approximately two months, BTC is likely to skyrocket as its newest halving event – an event that historically helped Bitcoin surge tenfold and, sometimes, hundredfold – is expected to take place.</p>
 <h2 class="wp-block-heading" id="h-bitcoin-price-chart">Bitcoin price chart</h2>
 <p class="paragraph">Since 2024 started, Bitcoin has offered a fairly strong performance – barring the decline in the weeks immediately following the ETF approvals.&nbsp;</p>
 <p class="paragraph">Year-to-date (YTD), BTC is up 17.19%. This trend is present in the more recent period as Bitcoin climbed 30.98% over the last 30 days, and the previous 24 hours of trading, however, saw it decline 0.17% to $51,763.60.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/TaSTZCRwJa_obbJbX1sQTbGrfA7-msVX7hTcO-vVnUrh2qiilu6Y2w-NTZQbvfyJCrQzq_wcK1vT5MTYLNWxAVGUDPLutgaU9PrBOvjkZdt_jPPa1eyAPaHedxsXjWID2nCdg7Qdr9mX_-Zamv_Umak" alt>
  <figcaption class="wp-element-caption">
   BTC YTD price chart. Source: Finbold
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-bitcoin-technical-analysis">Bitcoin technical analysis</h2>
 <p class="paragraph">The technical analysis (TA) for Bitcoin, retrieved from <em>TradingView </em>on February 22, reveals that BTC is likely to continue rising as its overall rating stands at “buy.” Additionally, moving averages reveal that BTC is, at press time, particularly strong as they rate it a “strong buy,” though oscillators are neutral.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/ZSqwrdgISH7J4Xzsm5MANTH_ycHnxpqbh9Vj-K4k0ZX2qwHIXTK5IOemPukomPPBIujp3Lrps1b1t_kv28QAbF99byKQQWBR6PcA0sbncgb44nvmity0F2dmGULyCgZ7cQYTI0OqCIr1rU6LHtJXIpI" alt>
  <figcaption class="wp-element-caption">
   BTC technicals. Source: TradingView
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-solana-sol">Solana (SOL)</h2>
 <p class="paragraph">Solana’s (SOL) recent performance has been drawing a lot of attention – and with good reason, given that it, in a matter of months, rose from about $20 to above $100. It has also recently seen a surge in network activity, and the meme coins on its blockchain have also been increasingly popular.</p>
 <p class="paragraph">Even the Solana mobile team achieved success and sold out the inaugural Saga smartphone – largely due to a strange arbitrage opportunity offered by the presence of BONK tokens on each phone – and is now working on a new model.</p>
 <p class="paragraph">Perhaps the most striking statistic showcasing Solana’s strength is the fact that its transaction volume surged above $1 trillion in January – meaning it had achieved a multi-year high in the first month of 2024.</p>
 <h2 class="wp-block-heading" id="h-solana-price-chart">Solana price chart</h2>
 <p class="paragraph">While undergoing a downtrend in January – along with much of the crypto market – Solana is, overall, 5.38% in the green YTD. Its more recent performance has also been fairly strong 21.23% up in the last 30 days, and it rose 2.55% on the latest day of trading. At press time, the price of SOL is $106.17.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/axNihscMz5yA5z3H3dby-jT4FeaoTm6xVA0IIOBPTLENYsJzEfSDom7R4XvoQLipaDkG9Fkb-D-FHBDo2it3mdxt6yTsc9NGKbaBZSenr8KAXbzwmHuFKCa6flcp8xqZ1fFc_9cks74-KsSDjMhZExU" alt>
  <figcaption class="wp-element-caption">
   SOL YTD price chart. Source: Finbold
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-solana-technical-analysis">Solana technical analysis</h2>
 <p class="paragraph">The technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> for Solana reveals that the token is likely to continue with its strong performance in the coming days and weeks. Overall, technicals provided by <em>TradingView </em>rate it as a buy, with oscillators being overall neutral but moving averages ranking it as a “strong buy.”</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/m3yxprvLOanAL-JFH3KyYA-IHK5AUd7DDicLXzjneYYfyxJzEvKmnzrqwfCusIokNqSJqHbGqQdS-ei3lQJC6CU28eTCDSabXKCoW-RIEmHMwUt-hSYAGnER6mIdQld1P59OXVYnYirR5Az5-rMutSg" alt>
  <figcaption class="wp-element-caption">
   SOL technicals. Source: TradingView
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-avalanche-avax">Avalanche (AVAX)</h2>
 <p class="paragraph">Recent months featured significant milestones for Avalanche (AVAX) as it not only saw its price surge in the Q4 2023 <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market rally but also entered into multiple beneficial partnerships, with those with BLRD, a Web3 gaming company and Amazon’s (NASDAQ: AMZN) AWS cloud services arguably being the most important.</p>
 <p class="paragraph">Avalanche is also currently in a high-risk, high-reward situation as its most recent trend has been one of decline and February 21 saw it wipe as much as $1 billion in a single day.</p>
 <h2 class="wp-block-heading" id="h-avalanche-price-chart">Avalanche price chart</h2>
 <p class="paragraph">Indeed, unlike Bitcoin’s and Solana’s, Avalanche’s 2024 volatility led it to decline 2.49% between January 1, and February 22. Despite this, and despite last week’s downtrend, AVAX is up 20.47% in the previous 30 days and the most recent 24 hours of trading saw it rise 1.25% to $37.60.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/zfudpi_9_kGQrlqlxMggsDR74JDNNbmgemIkaTBVxnZHxNN4tnk2T8dFLhazxzZkUA30TWTEC2Re0Wza-9OdamgINt8bIWY5meuWOkq9xeoIK9ESxyC-HqW--9v09yHhmvWWFwq2MQ2D8q0GgV-_-2g" alt>
  <figcaption class="wp-element-caption">
   AVAX YTD price chart. Source: Finbold
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-avax-technical-analysis">AVAX technical analysis</h2>
 <p class="paragraph">Looking ahead, Avalanche’s technicals show that the token is likely to rise in price, especially given that the major unlocking event – a big contributor to its recent downtrend – has passed on February 21. Overall, <em>TradingView’s </em>analysis rates it a “buy,” with oscillators being neutral but moving averages reading “strong buy.”</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/bd02aYa967-si5yDzWf04dSg80Jwe2uPSm3FCRxb0ZTxeE4-d2rJkhH53TNHUkv4mAWtL0cYiF4YcTXkEIVS7lon0KdSYPPLFofXuiwDiGETU0SOt4vSN0iaKTwqwAgmaRWIx2To-8LHdTsnU4kQALU" alt>
  <figcaption class="wp-element-caption">
   AVAX technicals. Source: TradingView
  </figcaption>
 </figure>
 <p class="paragraph">It is worth noting, however, that there is significantly more deviation for AVAX technicals depending on the exact time frame chosen that is the case with BTC and SOL as, while its weekly performance rates it as “buy,” the daily and monthly data leans more toward a neutral ranking.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/3-cryptocurrencies-to-turn-100-into-1-000-next-week-tbt80495.html">https://thebittimes.com/3-cryptocurrencies-to-turn-100-into-1-000-next-week-tbt80495.html</a></p>

3 cryptocurrencies to turn $100 into $1,000 next week

Table of Contents

TheBitTimes

Other articles published on Feb 22, 2024

Binance Makes Big Announcement With New Solana, Worldcoin and Filecoin Listings

Renzo Revolutionizes Ethereum Restaking with Binance Labs Funding

Worldcoin (WLD) Surge Triples 3AC Holdings Value to $900M

Bitcoin and Ethereum Set for Explosive Action After Liquidity Flush

New Eras in Entertainment: DeeStream (DST) poised to overtake Jupiter (JUP) and Litecoin (LTC)’s ...

Solana Faces Market Slippage with SOL Token’s Price Dip

Join our free newsletter for daily crypto updates!