Ethereum

Node AI

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-for-2x-5x-surge-post-ethereum-etf-launch-today/" rel="noopener noreferrer nofollow">Top Altcoins For 2X -5X Surge Post Ethereum ETF Launch Today!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the Ethereum ETF listing hours away, the cryptocurrency market has displayed increased price volatility with top tokens recording constant fluctuations in their respective portfolios.</p>
<p>Dive in as, in this article, we have covered the top 3 altcoins that are highly influenced by the price of Ethereum and are predicted to display massive volatility in their respective valuations following the Ethereum ETF launch.</p>
<h2 class="wp-block-heading" id="h-jasmycoin-jasmy">JasmyCoin (JASMY):</h2>
<p>The JASMY coin has gained significant attention from the crypto market over the past few months. This has resulted in it adding over 320% to its valuation this year alone. Notably, with a market cap of $1.363 Billion, it has secured the 63rd position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdVJ7LjnLmrri6vP2_4im-lbgJpovbxtMQt8LW4ROp4UisqtfUArIvE6AFeIFus6BWU_PnERYLUpGgvv3yK8q048heq5phw3tqAYA5MqrzKNJqpNF_iKnYzxGSHIueAHDeIwZrwwuxLIKu8LtqKRbUaaaq3?key=cVL_yIN98SO6DJvRfsJlNg" alt="JasmyCoin Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: JASMY/USDT
 </figcaption>
</figure>
<p>The EMA 50-day acts as a support to the Jasmy price. On the other hand, the Relative Strength Index (RSI) has sharply declined toward the neutral point. Further, its average displays a potential bearish convergence in the 1D time frame, suggesting uncertainty in future price action.</p>
<p>If the market regains momentum following the Ethereum ETF listing, the JasmyCoin price will break its resistance level and head toward its upper high of $0.03850. Conversely, if the bears continue to dominate the market, the JASMY crypto will retest its low of $0.02450.</p>
<h2 class="wp-block-heading" id="h-beam-beam">Beam (BEAM):</h2>
<p>Despite recording a correction of over 2% within the past day, the BEAM price has added 12.93% within the past week and 10.12% over the last 30 days. With a YTD return of 4.89%, this altcoin has secured the 72nd spot with a market cap of $929.59 Million.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcpRBclOu11tFrkxtWa1dFoNPI78bTyl-00m5_yGJ_myHfo8TmlhA4lPRmknjNsTXJOYWHBi8SVT2jgwFFJJkM31ORDQyhoKbkbYTTJKwjuoCypHdIUlZ0RYsnUK6a1wED3BEFbnXn1WTrh08TgmgbPw5I?key=cVL_yIN98SO6DJvRfsJlNg" alt="Beam Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: BEAM/USDT
 </figcaption>
</figure>
<p>The Moving Average Convergence Divergence (MACD) displays a constant decline in the green histogram, highlighting decreased price action for the altcoin in the market. Further, the averages show a flatline, suggesting weak buying and selling pressure for the Beam price.</p>
<p>If the market trades under a bullish sentiment, the BEAM coin price will prepare to test its upper resistance level of $0.028910. However, if the bears overpowered the bulls, this altcoin would plunge toward its crucial support level of $0.013525.</p>
<h2 class="wp-block-heading" id="h-node-ai-gpu">Node AI (GPU):</h2>
<p>With the increased price volatility in the crypto space, the Node AI price has added over 42% to its portfolio within the past seven days and 29.27% over the last 30 days. Further, with a trading value of $1.0591 and a market cap of $96.52 Million, it has secured the 385th position.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXda7iUEI_wtqjzXOO5gv9nZcNYZrFe-pyujfBdOhoxZFAwTbzXTtFllZ54BlqAKi8EmDSpoEdvGVNj8qNF4fM9SEzWkqKee41HSc63i2mlcmeNb-gfnHQStxtq9Gu0o4GdjZyH36EFh7xZnPyCwRctNHO-u?key=cVL_yIN98SO6DJvRfsJlNg" alt="Node AI Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: GPU/USDT
 </figcaption>
</figure>
<p>The technical indicators, MACD and RSI display a constant decline in their respective chart, highlighting a weak bullish sentiment for the Node AI price in the cryptocurrency market.</p>
<p>With a bullish reversal in the crypto market, the GPU price will prepare to test its upper resistance level of $2.0725. Negatively, if the bears dominate the crypto space, the GPU coin price will plunge toward its low of $0.7975.</p>

Top Altcoins For 2X -5X Surge Post Ethereum ETF Launch Today!

Table of Contents

CoinPedia News

Other articles published on Jul 23, 2024

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

MoonBag Presale Victory - No Light at the End of the Tunnel for 1inch Network

Digital Chamber of Commerce Advocates for Pro-Crypto Policies in Open Letter to Vice President Ha...

Musk & Trump at Bitcoin 2024 Nashville? A match made in crypto!

OKX Introduced OKX Racer A New Prediction Game

Coinbase Custody Services Will Access 8 New Spot Ethereum ETFs

Join our free newsletter for daily crypto updates!