Top 3 Coins Defy the Volatility – These Cryptos Are Leading the Charge Into Q4's Bullish Momentum
As the market shows its unpredictable nature, three standout cryptocurrencies are proving their resilience. These digital assets are not only navigating the turbulence with ease but are also poised for significant gains. Discover which coins are set to ride the wave of positive trends into the final quarter of the year.
Immutable (IMX) Eyes Further Gains with Strong Support and Resistance Hints
Source: tradingview
Immutable (IMX) shows promise with its current price hovering between fifty-four and seventy-two cents. It has surged nearly 25% this past week. The coin is moving near its ten-day average of seventy cents, indicating market optimism. The nearest resistance is seventy-nine cents, a potential target that suggests a strong upside. Should it break through this, eyes are on the second resistance at ninety-six cents, which would mean a hike of nearly one-third from the current range. Support is solid at forty-four cents, reducing chances of significant drops. The RSI is steady, confirming a balanced demand and supply. With positive momentum, IMX could continue to rise, making it a keen watch for traders.
Stellar Eyes Potential Gains Amid Recent Price Increase
Source: tradingview
Stellar (XLM) is currently trading between thirty-six and forty-two cents. It has seen a slight increase of over two percent in the past week, but its price dropped by more than nine percent over the last month. Still, it has grown nearly thirty-three percent in six months, showing its long-term potential. The coin is nearing a resistance level at forty-four cents, with a further target at fifty cents. If it can surpass these, Stellar could see a climb of around nineteen percent from its current range. With a Relative Strength Index at about fifty-six, Stellar might still have room to grow, supported by its ten-day and hundred-day averages remaining steady.
Mantle (MNT) Shows Promise with Strong Growth Potential
Source: tradingview
Mantle's price is moving between a bit over a dollar to nearly two dollars lately. The coin has surged over forty percent in the last week alone. It shows a solid upward trend as it currently trades above the ten-day and one-hundred-day averages. If it breaks the nearest resistance of just over two dollars, it could aim for over two and a half dollars, marking a possible rise of more than forty percent from its current range's top. The nearest support level is just below a dollar, providing a safety net. With over one hundred percent rise in the last six months, Mantle looks promising for further growth.
Conclusion
IMX, XLM, and MNT show promising signs of strong performance in Q4. These coins have managed to maintain their strength despite market fluctuations. Each has unique features and growing user bases. The positive trend seen in these cryptos suggests further growth potential. Investors may find these coins appealing due to their demonstrated resilience and potential for gains. The current momentum may continue to drive these cryptocurrencies forward as the year progresses.
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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