bullish

Solana

Jito

The Graph

Jupiter

<p>The post <a href="https://coinpedia.org/price-analysis/top-solana-based-altcoins-to-stack-as-market-turns-bullish/" rel="noopener noreferrer nofollow">Top Solana-based Altcoins To Stack As Market Turns Bullish!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Amid increased price volatility in the cryptocurrency market, the <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Solana price</a> has successfully regained momentum and has surged 10.56% within the past seven days. With this, the altcoin has surpassed the market cap of <a href="https://markets.coinpedia.org/bnb/" target="_blank" rel="noopener noreferrer nofollow">Binance (BNB) coin</a> and has claimed the position of the 4th largest crypto token.</p>
<p>Following this, top SOL-based altcoins have experienced a similar price action and have recorded a massive surge in their respective portfolios. With the present market sentiments, will the Solana ecosystem regain its lost momentum and head toward a new high?</p>
<p>Dive in as, in this article, we have uncovered the top three Solana-based altcoins that have a high potential of recording a massive upside in their respective portfolios.</p>
<h2 class="wp-block-heading" id="h-jito-jto">Jito (JTO):</h2>
<p>The Jito token has successfully regained momentum and has recorded a surge of approximately 10% within the past 24 hours and 15.03% over the past week. Furthermore, it has gained 34.52% within the past 30 days and has rewarded its long-term investors with a YTD return of 70.92%.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfXWia35sHRNnOQ4OepUlihH6SleOMuse2miV6K3WN_EoMjR8y4Fple-hd0ulzRJ9BNRRUXsiDN65L38Bh0hhArnHC5MqxPhnTSnMkWTBKRsG2BKlQt1RWDO-FZlSzcCCJj8UiByfhmmrARtO6vrqcsmb-N?key=lwCu-IhMc5_DeG5zNkThcw" alt="Jito Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: JTO/USDT
 </figcaption>
</figure>
<p>The technical indicators, SMA, and MACD displayed a strong bullish rise in their respective charts in the 1D time frame. This highlights an increase in the positive influence in the crypto space.</p>
<p>If the market holds the JTO price above its support level of $3.010, the bulls will continue trading under a bullish sentiment and prepare to test its upper resistance level of $3.80 in the coming time. Conversely, a trend reversal could pull the Jito price toward its low of $2.260.</p>
<h2 class="wp-block-heading" id="h-jupiter-jup">Jupiter (JUP):</h2>
<p>The Jupiter price has continued trading under a bullish sentiment by adding 13.18% to its portfolio within the past day with a trading volume of $167.627 Million. Further, it has surged 11.71% within the past seven days and 48.04% since its inception.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdZ2pNG1Ld9EK6xp4npuiwjjlorXuE9Oa6D-MlqYzYgpL5j56NBy89b0aGV_t-dVbvECluevI8rodmCTEhq8agT68KYbdAISWOtRr_apnl-FqQ-_TQHgcvPXc8ikuUKF9KCj7vQRxt21ECWDqvMoQ6qErpl?key=lwCu-IhMc5_DeG5zNkThcw" alt="Jupiter Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: JUP/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) has recorded a bullish convergence with its average trendline and has displayed a sharp rise toward its overbought range in the Jupiter price chart. This suggests that the JUP price will continue gaining momentum this weekend.</p>
<p>If the bulls push the JUP coin price above its resistance of $1.160, the altcoin will prepare to test its upper high of $1.4950 in the coming time. However, if the bears regain momentum, the Jupiter crypto could retest its support level of $0.8445.</p>
<h2 class="wp-block-heading" id="h-the-graph-grt">The Graph (GRT):</h2>
<p>After trading under a bearish sentiment for a brief period, the <a href="https://coinpedia.org/price-prediction/the-graph-grt-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">GRT price</a> has recorded a jump of approximately 3%. Moreover, with a trading price of $0.1998 and a market capitalization of $1.910 Billion, it has secured the 51st spot in the top 100 cryptocurrencies by market cap.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcbHY32NOkg1nBVaasRtUgeS-oKAVyNpAnBytLJ3reMxU9JK2RT6x4pWNp_yAhFXe8At8y9elZnIkdP_Ogqf7aI6HVDB_7wBYLVKGoLwhne566p9QHNa41R-JxsETw0doMu3IQc6sroLdGzkJgTSMkDYmY?key=lwCu-IhMc5_DeG5zNkThcw" alt="The Graph Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: GRT/USDT
 </figcaption>
</figure>
<p>The EMA 50-day acts as a resistance to the GRT price in the 1D time frame, indicating a strong bearish power in the crypto space.</p>
<p>Further, the MACD indicator has displayed a constant decline in the green histogram. However, its averages record a neutral trend, suggesting uncertainty in the future price action of The Graph token.</p>
<p>Maintaining the price above its important support level could set the stage for the GRT price to head toward its upper resistance level of $0.2650. Negatively, a bearish situation could result in <a href="https://markets.coinpedia.org/the-graph/" target="_blank" rel="noopener noreferrer nofollow">The Graph price</a> plunging toward its crucial support level of $0.1375.</p>

Top Solana-based Altcoins To Stack As Market Turns Bullish!

목차

CoinPedia News

2024년 7월 27일에 게재된 다른 기사

Samson Mow Urges Trump to Woo Bitcoin Users With 6 Bold Proposals

Summer’s Best Cryptos Picked by Expert: NEAR Protocol, Notcoin, Render, and …

Tyler Winklevoss: New SEC Chair Must Be Appointed Before US Election

Samson Mow Lists Six Bitcoin Ideas for Trump’s Nashville Speech

Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA

Ethereum ETFs see $341.8m net outflows in first week, triggered by Grayscale’s ETHE

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!