Building a Long Term Crypto Bag, These Underrated Projects Could Stay Relevant
Unearthing hidden gems in the crypto world can be a rewarding strategy for long-term gains. This article delves into promising, yet often overlooked projects that show potential to maintain relevance and growth. Discover which emerging coins may be positioned for future success and could be valuable additions to a diversified cryptocurrency portfolio.
Cosmos (ATOM) Shows Signs of Potential Recovery
Source: tradingview
Cosmos (ATOM) is currently trading in a range between $2.33 and $2.74. The coin has been on a recovery path recently, showing a price increase of about 19% over the past month. However, it has still dropped about 45% over the last six months. The nearest resistance level is at $2.92, and if ATOM manages to break it, the next target could be $3.33, potentially offering a growth of over 20% from current levels. The coin's 10-day simple moving average is slightly higher than its 100-day average, hinting at a short-term positive trend. With an RSI index around 45, ATOM seems poised for further upward movement.
Artificial Superintelligence Alliance Crypto Shows Positive Signs Despite Challenges
Source: tradingview
The price of Artificial Superintelligence Alliance (FET) is on the move, currently ranging between nearly $0.27 and $0.32. Over the past month, the coin has climbed over 20%, showing a notable recovery. However, it's still down almost 62% over the last six months. The coin faces resistance at about $0.34, which is a potential upside target. If it breaks this, it could aim for the next resistance around $0.39. This presents a chance for a nearly 22% rise from the current top range. Support levels include $0.24, providing a buffer. The market indicators hint at stable movement with room for short-term boosts.
VeChain Faces Challenges But Holds Potential for Rebound
Source: tradingview
VeChain (VET) has seen a rough patch with a drop of over half its value in six months. Recently, it trades between one and one-fourth cents. The nearest hurdle for a rise is at a bit over one and a half cents. If VeChain clears this, it might aim for a rise of about 65%. However, it's currently under its 100-day moving trend. With a strength score under 50, it’s not yet in strong demand. While recent trends show a downward move, VeChain has the space for a significant bounce back if market conditions improve.
Conclusion
ATOM, FET and VET are promising projects for long-term crypto portfolios. ATOM focuses on interoperability, making it easier for different blockchains to work together. FET is advancing AI and machine learning technologies, providing innovative solutions. VET is using blockchain to streamline supply chain management, increasing transparency and efficiency. Each of these projects has unique strengths that could ensure their relevance and growth over time. Including them in a long-term crypto strategy could provide stability and potential gains as these projects continue to develop and solve real-world problems.
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.
Investment Disclaimer
