Every Trader Must Have These Coins in Their Crypto Portfolio

Uncover the essential digital currencies that can boost any trading portfolio. This piece reveals promising coins poised for significant growth. Curious about which cryptocurrencies should be on every trader's radar? Dive in to discover the top picks that could potentially maximize gains and secure a competitive edge in the market.

Hedera: 6-Month Surge, 1-Month Dips, and Key Levels to Watch

Hedera experienced a drop of about 38% in the past month, indicating short-term bearish pressure after a period of significant growth. Over the last six months, the coin demonstrated a remarkable surge of nearly 291%, reflecting strong recovery and robust long-term performance. The recent price action has been volatile, showing a mix of declines and upward momentum.

The current trading range is between $0.24 and $0.39, with support at $0.18 and resistance at $0.47. Short-term bears appear to dominate as indicators approach oversold conditions. However, no clear trend is established. Traders should closely monitor these key levels for potential reversals or breakouts, considering cautious entry points in the market.

MANTRA Surge Spurs Bullish Altcoin Trends

Past month performance shows a significant 61.91% climb with a six-month surge of 734.22%, reflecting strong momentum in price values. The coin’s movement has been rapid, pushing its value well beyond earlier ranges and highlighting dynamic investor interest over time.

Current levels show trading within a range of $3.68 to $6.46, with a firm support at $2.04 and resistance near $7.59, extending to $10.37. Bulls seem active, though indicators remain mixed, as reflected by a mid-level RSI of 60.60 and modest momentum. Traders may consider cautious entries near support, aiming for gains closer to the initial resistance price.

Conclusion

The ongoing 2024 bull market offers a prime window for traders to refine their crypto holdings. Amid this surge, HBAR and OM stand out as compelling plays. HBAR’s cutting-edge hashgraph technology delivers ultra-fast, cost-effective transactions and is steadily gaining enterprise adoption. OM, on the other hand, is well-positioned in the DeFi sphere with its community-driven governance and staking features, potentially capturing the attention of risk-tolerant investors. By incorporating these forward-looking projects into a diversified portfolio, traders can aim for meaningful growth and added stability in today’s bullish environment.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.