Top Undervalued Altcoins Under $1 — Hidden Gems With 10x Potential This Year

Discover the digital treasures flying under the radar. These low-cost altcoins hold massive growth promise, waiting to be found. With potential for huge returns, these assets could be the crypto market's best-kept secrets for the year. Keep reading to uncover which coins are poised for a breakout.

Hedera (HBAR) Sees Steady Growth, Eyes Higher Levels

Source: tradingview 

Hedera (HBAR) is currently priced between 22 and 26 cents. It has shown a 32% increase over the last six months, indicating strong growth potential. The coin is moving above its short-term 10-day and longer-term 100-day averages, which sit at 24 cents. This suggests a consistent price trend. HBAR faces resistance at 28 cents, with a stronger barrier at 31 cents. If it breaks through 28 cents, it could rise to the second resistance, marking a potential gain of about 19% from the current midpoint. Its RSI just below 58 points to balanced momentum, and continued strength in its trend could push HBAR even higher.

Ethena's (ENA) Price on a Rocky Climb with Growth Potential

Source: tradingview 

Ethena (ENA) is finding its footing between 69 and 83 cents. It has shown resilience, gaining over 80% in the past six months. Recently, ENA dipped slightly, down more than 10% in a week, but it's still up by 3% over the last month. With the nearest resistance at 93 cents, breaking through could lead to a rally toward $1.07, a potential jump of around 25% from its upper range. The RSI near 54 suggests the coin isn't overbought or oversold, leaving room for movement. As ENA hovers near its short-term moving average, eyes are on its potential to climb.

Pi Network Edges Upward with Mild Gains Ahead

Source: tradingview 

Pi Network's price hovers between the mid-thirties, testing the waters just above $0.35. Recent movements show slight increases, yet overall momentum remains cautious. Resistance points lie at just under forty cents and a bit above forty, acting as potential ceilings if upward pressure builds. Support appears stronger above thirty cents. Over the past six months, the value has dipped by more than half. With current indicators showing mixed signals, potential growth could see the coin nudging closer to forty-two cents, marking a nearly 18% potential increase from current highs. However, notable breaks past these could suggest further movement upwards.

Conclusion

HBAR, ENA, and PI show exciting promise as undervalued altcoins, each priced under $1. These coins have clear growth potential within the crypto market this year. HBAR offers strong technology and solid partnerships. ENA focuses on innovative decentralized applications. PI is gaining traction through its user-friendly mining approach. Each has unique strengths that could lead to significant returns. Investors may find these options attractive for their portfolios during the current market phase.

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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