OriginTrail

Thing

Node AI

Verge

Livepeer

<p>The post <a href="https://coinpedia.org/price-analysis/top-depin-tokens-for-2x-returns-this-bull-rally/">Top DePIN Tokens For 2X Returns This Bull Rally!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>With the growing anticipation of the approval of the <a href="https://coinpedia.org/news/secs-unexpected-move-sparks-ethereum-etf-approval-speculation/" target="_blank" rel="noreferrer noopener">spot ETH ETF</a> by the Securities And Exchange Commission (SEC), the cryptocurrency market has experienced an increase in the demand for the DePIN tokens.</p> 
<p>This has resulted in these tokens gaining significant attention from the market and further experiencing a constant increase in price volatility in the crypto space.</p> 
<p>Dive in as, in this article, we have covered the top 3 Decentralized Physical Infracture (DePIN) tokens that have the potential to record a massive surge in their valuation during the upcoming Altseason!</p> 
<h2 class="wp-block-heading" id="h-livepeer-price-displays-a-bullish-pattern">Livepeer Price Displays A Bullish Pattern:</h2> 
<p>The <a href="https://coinpedia.org/price-prediction/livepeer-lpt-price-prediction/" target="_blank" rel="noreferrer noopener">LPT price</a> has displayed a bullish price action since the month started, resulting in it adding 87.95% to its portfolio. Moreover, the altcoin has recorded a jump of 6.45% with a trading volume of $169.24 Million, a jump of 134.79% within the past 24 hours.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/nL7C4zS7UKemzT72HgA6R3yxKepSq2VprSFER0lr2eMR6-SUFJpz4HTA000nagEXIy_qu8m3Pid08xv4l44bR0thY5OkDlPsNhwMF-DNLB9KO_0-HORI4D3dXwzZorQw7q1BsGxiRfuTZbwABzzzENY" alt="Livepeer Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: LPT/USDT
 </figcaption>
</figure> 
<p>Positively, the Livepeer price has formed an ascending channel pattern in the 1D time frame, highlighting increased bullish sentiment for the altcoin in the crypto market.</p> 
<p>On the other hand, the technical indicator, MACD, shows a constant green histogram with its averages recording upturned in the price chart, suggesting a positive outlook.</p> 
<p>If the market pushes the price above the resistance level of $23.560, the bulls will prepare to test its upper resistance level of $27.50 this month. Conversely, if a trend reversal occurs, the bulls will lose momentum and fall to test its support level of $20.150.</p> 
<h2 class="wp-block-heading" id="h-origintrail-trac-price-on-the-verge-of-a-major-breakout">OriginTrail (TRAC) Price On The Verge Of A Major Breakout!</h2> 
<p>The TRAC token has successfully reclaimed the $1 mark and has formed a rounding bottom pattern in its price chart. Further, it is on the verge of a breakout, highlighting increased buying pressure for the DePIN token in the crypto space. Positively, it has added 18.50% over the past seven days.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/-GitHM9_BDjmwL0qs5Wg0vrDWKCbTMf7eRQWT-05vRnAAtvvt6ukP-I2RAPv7U9aKWC0XH_K-POXbaQmTdq18Oj9tktFUXpn6KmYakIwJaQaWsQhgQg1XU4yBfL_hTNEzcGEOGdXBdXzXfGliEIh5Zg" alt="OriginTrail Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: TRAC/USDT
 </figcaption>
</figure> 
<p>The Simple Moving Average (SMA) supports the price chart in the 1D time frame, indicating a strong bullish influence for the altcoin in the market. Further, the MACD displays a rising pattern with its averages showing a positive curve.</p> 
<p>If the bulls display a breakout pattern, the TRAC price will be prepared to test its upper resistance level of $1.310 in the coming time. Negatively, bearish price action could result in the OriginTrail price testing its lower support level of $0.770.</p> 
<h2 class="wp-block-heading" id="h-node-ai-gpu-hints-at-a-breakout-rally">Node AI (GPU) Hints At A Breakout Rally:</h2> 
<p>The GPU price has added approximately 9% within the past day with a trading volume of $2.266 Million, a jump of 16.94%. Furthermore, it has formed a symmetric triangle pattern in the 1D time frame and is hovering close to its resistance trendline, the outcome of which is uncertain.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/1z0CLB4vpll8DV02IxlpTjgiC3WvJq-HfoQZVMe91Q_gWLIzMBWkgrfJQxen1sTMq_452H-1O-Ufvn_NnMYD757oX0AFDcTQ25N1Sg-n-V_cY1hi9-IHkb6w5swKd5Csxu-sV2-Se-uXJ469SghqZWw" alt="Node AI Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: GPU/USDT
 </figcaption>
</figure> 
<p>Moreover, the altcoin has added 8.63% over the past week and has surged 2,718% within the past 3 months from its ATL of $0.054 which was recorded on 23rd February. This highlights a rising interest of investors in these tokens.</p> 
<p>If the bulls break out of the resistance trendline, the GPU price will prepare to test its upper resistance level of $2.8050. However, bearish price action could pull the price toward its support trendline.</p> 
<h2 class="wp-block-heading" id="h-is-depin-the-next-big-thing-in-crypto">Is DePIN The Next Big Thing In Crypto?</h2> 
<p>With the increased price volatility in the crypto space amid approval of the spot Ethereum ETF, top altcoins are on the verge of a rally, indicating an increase in the bullish sentiment.</p> 
<p>Thus this situation creates a good entry point for new investors to invest in the cross-border financial system and old investors to stack more tokens for the upcoming altcoin rally.</p> 
<p>Also Check Out : <a href="https://coinpedia.org/price-analysis/decoding-the-possibility-of-ethereum-eth-price-reaching-a-new-ath-after-the-spot-etf-approval/">Decoding the Possibility of Ethereum (ETH) Price Reaching a New ATH After the Spot ETF Approval!</a></p>

Top DePIN Tokens For 2X Returns This Bull Rally!

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