The cryptocurrency market has been swimming in risky waters. Several property have been pocketing positive factors whereas a couple of others have been shifting slower than the others. Bitcoin [BTC] is a good distance from its all-time excessive of $73,750.07, however it has been making an attempt to realize the $60,000 milestone for now.
Investors had been anticipating a robust begin to the yr’s third quarter. But as a result of rising promoting stress in the cryptocurrency market, issues didn’t go as deliberate. Despite a rocky begin, it’s nonetheless attainable for sure property to soar this quarter.
3 Strong Assets in Q3 2024
Polygon [MATIC] – With a buying and selling quantity of $258.41 million, MATIC’s worth surged by 1.24% over the past day. In addition, this Ethereum-based altcoin fell 21% over the last month and 6.40% over the earlier week. At press time, the cryptocurrency was buying and selling at $0.5053. Bulls in the MATIC market will regain momentum and prepare to problem the asset’s higher resistance degree of $0.69. This is provided that the market maintains the worth above its important help degree of $0.50.
Render [RNDR] – With an increase of virtually 5% over the previous 24 hours, the worth of RNDR has managed to choose up steam. Currently, the cryptocurrency is buying and selling at $6.60. Since this AI token has strong foundations and is now promoting at a reduction of greater than 50%, it’s a nice probability to stack extra tokens. The asset could attempt to check its higher resistance degree of $9.450 in July if the cryptocurrency market sees favorable worth motion in the course of the coming days. But the RNDR coin worth could drop to its $5.30 low if there’s unfavorable market motion.
Pepe Coin [PEPE] – Prominent meme coin PEPE has surged to the highest of the crypto gainers listing in the final 30 days. It is now among the many prime 50 by market worth. It has an excellent probability of turning into a cryptocurrency in Q3 2024, with a 100x chance. The coin has elevated in worth by 752.44% in the final six months, displaying robust demand. PEPE has elevated by 15.52% over the past week and by 90.97% over the past month. At press time, the asset was buying and selling
