Ethereum

bullish

Helium

Celestia

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-book-massive-profits-this-august/" rel="noopener noreferrer nofollow">Top Altcoins To Book Massive Profits This August!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the rising volatility in the cryptocurrency market, top tokens have recorded increased price action. However, with the recent market surge, the altcoin leader, Ethereum price has successfully reclaimed the $2.6K mark. This highlights a high possibility of a bullish rebound soon.</p>
<p>Following this, top altcoins have recorded a similar price movement by adding significant value to their respective portfolios within a short period. Planning to invest in this bear market-like situation to book massive short-term profits?</p>
<p>Let’s take a look at the top 3 altcoins that have the potential to outperform the top cryptocurrencies during the upcoming months.</p>
<h2 class="wp-block-heading" id="h-sui-sui-price-action">Sui (SUI) Price Action:</h2>
<p>With a strong bullish recovery in the crypto market, the SUI price has successfully tested its crucial support level of $0.6125 and recorded a jump of approximately 30% within the past day with a trading volume of $393.939 Million, a change of +66.66%.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeonvEkTaUqko6prLjUKUS55y6o4Zm5kaPcpro7QFCWbV-N_on_0xtiY9EmFWJeg3hTsaZEPKfp96tyv1Q1rdRVlTVdRTQOFCWfJFqUqVs9m_6is6q0liFgqrqoPdG7u81OtXG3wYR3fvWwac7LJotJUE0?key=vDjPpnBY5E3oy8Ab55MXyQ" alt="Sui Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: SUI/USDT
 </figcaption>
</figure>
<p>The technical indicator, MACD, has displayed a rising green histogram in the 1D time frame with its averages experiencing a bullish crossover. This suggests a positive outlook for the SUI price in the crypto market. Further, the SMA indicator has recorded a positive curve, hinting at a bullish sentiment.</p>
<p>If the market pushes the SUI coin price above the resistance level of $0.8925, the bulls will prepare to test its upper resistance level of $1.1760 this month. Conversely, a bearish reversal could pull the altcoin toward its low of $0.6125 in the coming time.</p>
<h2 class="wp-block-heading" id="h-helium-hnt-price-action">Helium (HNT) Price Action:</h2>
<p>The Helium price continues recording a bullish price action by adding 16.51% in valuation within the past day and 21.01% over the past week. Further, it has surged 90.15% over the 30 days and has claimed the 66th position with a market cap of $965.895 Million.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcFqVkC8Z81k15ffI2G6An5jRDSpyYNg_cstKPjz_adxPdLnidBX-iSJ4e7ERjtUlhV_tDoDXJPUiZcdi55XbNqCLokwanpXG0_2UL5z-mvZoH1pgDDn0_DuoNMdq458do4502YinrlxCFgiJKX_tW-vW4?key=vDjPpnBY5E3oy8Ab55MXyQ" alt="Helium Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: HNT/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) is on the verge of surpassing its overbought range in the HNT price chart, highlighting increased buying-over-selling pressure for the altcoin in the crypto space. Further, the average trendline shows a bullish convergence.</p>
<p>Suppose the bulls continue to dominate the crypto market, in that case, the Helium price will prepare to test its upper resistance level of $8 this August. However, a bearish action could result in the HNT crypto retesting its lower support level of $3.80.</p>
<h2 class="wp-block-heading" id="h-celestia-tia-price-action">Celestia (TIA) Price Action:</h2>
<p>This Osmosis-based altcoin has recorded a similar price action by adding 21.53% to its portfolio over the past 24 hours. Further, it has jumped 5.17% within the past week. With a market capitalization of $1.147 Billion, the TIA price has secured the 58th position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfcIyPOa5Dwfo6P1pKkeVHVnbwITvjpT7QxmCoohJlK5mpV-uyzn7aqtjjvI0Rq6pvixCE338WBUNKzF7yEFwJ42v_wvCtiQMFWcePwb3_M5y6g6MeohFQBzRtMvhda4oKdRsqdbzOzXKZQRU_fFOYVMy-T?key=vDjPpnBY5E3oy8Ab55MXyQ" alt="Celestia Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: TIA/USDT
 </figcaption>
</figure>
<p>The Simple Moving Average (SMA) has displayed a bullish action in the TIA price chart. Moreover, the MACD has recorded a rising green histogram with a positive crossover in the 1D time frame. This indicates that the Celestia price will continue gaining value in the coming time.</p>
<p>If the bulls continue to gain momentum, the TIA coin price will head toward its upper resistance level of $10.640. Negatively, the bears regain power, in this case, the Celestia crypto will plunge toward its crucial support level of $4.435 this month.</p>

Top Altcoins To Book Massive Profits This August!

Table of Contents

CoinPedia News

Other articles published on Aug 9, 2024

STRUMP Surges 15% As Donald Trump Jr. Announces New Crypto Platform To “Take On” Banks

Bitcoin Price Crash Shocks Investors; Will $NOTI Seize the Moment

Ethereum (ETH) whales and retail stakers cause growing queue for withdrawals

Metaplanet Inc. Acquires A $1 Billion Yen Loan For BTC Acquisition

Hong Kong Lawmaker Calls for Banking Reform to Support Crypto and Web3 Companies

Ethereum Rebounds: Will the ETH Price Rise & Reach Above $3000 This Week?

Join our free newsletter for daily crypto updates!