3 Coins Quietly Breaking Out While Everyone Watches BTC and ETH
As Bitcoin and Ethereum dominate the headlines, a few lesser-known cryptocurrencies are starting to shine. These under-the-radar coins are quietly gaining momentum, offering exciting potential for growth. Discover which emerging players are poised to make significant moves as the spotlight remains on the major tokens.
Arbitrum Price on the Rise: Could a Breakout Be Near?
Source: tradingview
Arbitrum (ARB) is currently trading between $0.34 and $0.45. Recently, its price has seen a notable increase, climbing over 26% in the past week and over 40% this month. As it stands, ARB is close to its 10-day moving average of $0.44 and slightly above the 100-day average of $0.42. The RSI of nearly 59 suggests it’s not overbought. If momentum continues, ARB might aim for the resistance level of $0.50, leaving room for a further 12% increase. If it surpasses that, ARB could potentially target $0.61, marking a possible rise of nearly 36% from the current lower range.
Jupiter (JUP) Eyes Growth as Price Moves within $0.45-$0.54 Range
Jupiter is balancing between $0.45 and $0.54, showing a recent upswing. It gained nearly one-fifth in the last week and over 30% in a month. The nearest resistance is at $0.57; if broken, the price might rally to about two-thirds of a dollar. Key support lies at $0.39, offering safety if the price tumbles. Over the past six months, Jupiter dropped by over one-third. The 10-day moving average is slightly above $0.50, hinting at a hopeful outlook. With an RSI under 60, it isn't oversold or overbought, offering room to grow. If momentum holds, Jupiter might rise by a quarter from its current peak.
The Graph (GRT) Price Jumps by Over 16% in a Week
The Graph (GRT) shows exciting movement, with its price hovering around $0.09 to $0.11. Recently, it has seen a weekly increase of over 16%, signaling positive momentum. The potential for growth is supported by the price nearing the first resistance at slightly above $0.11 and an ambitious target around $0.13, which could mean a significant rise of nearly 20%. The Graph is riding a wave of interest, and while past months showed large drops, the current uptrend could pave the way for steady gains. Keep an eye on this coin as it seeks to break through resistance and potentially climb higher.
Conclusion
As BTC and ETH capture the spotlight, Arbitrum, Jupiter, and The Graph are making their own moves in the background. With solid recent gains, favorable indicators, and clear breakout potential, these altcoins present intriguing opportunities for investors seeking early entry into emerging trends. The quiet rally might not stay quiet for long.
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.
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