The cryptocurrency prices had a mixed performance this week, as the demand from investors increased slightly. Bitcoin price was stuck less than 88,000 dollars, while the market value of all cryptocurrencies remained less than 3 trillion dollars. This article explores three altcoins, which can help you transfer $ 500 to $ 1,000 in the coming months.
The best altcoins to transfer $ 500 to $ 1,000
Current currencies are some of the best assets to buy and experience great gains over time. For example, Ethereum Price jumped from about $ 80 in March 2020 to more than $ 2800 today. Bitcoin rose from zero in 2009 to more than $ 87,000 today. Some of the highest encryption to buy and transfer 500 dollars to $ 1,000 are Bolkadot (DOT), Algo, and Hyperleberber (HYPE).
Polykadot (dot)
Polkadot is one of the best blue encryption to buy and transfer $ 500 to $ 1,000 this year. It is a high layer 1 Blockchain that contains many basic and technical stimuli. The first primary is the continuous work to upgrade it to Polkadot 2.0.
Polkadot 2.0 will have many features that will radically change how it works. For example, it will change how developers on the Polkadot ecosystem. In this, developers can create applications without passing through the umbrella auction process.
Another catalyst for Polkadot is possible approval on Spot Dot ETF, which will lead to more flows.
The weekly graph shows that the price of the point has reached $ 3.61, as it failed to move below since 2023. It has formed a quadruple bottom, and recently, it was a falling scent pattern.
Therefore, there is a possibility that the price of Polkadot will wear, and possibly re -test the main resistance point at $ 12, an increase of 170 % of the current level. The decrease below the quadruple bottom pattern at $ 3.6 will nullify the upscale expectations.
Algo (Algo)
The altcoin is another to buy and transfer 500 dollars to $ 1,000. Unlike Polkadot that has strong basics, the main oud issue of algorithm is its techniques.
The weekly graph shows that the ALGO price reached the highest level ever at $ 2.8181 in 2021 and reached $ 0.20 today. Like Dot, the quadruple bottom formed at $ 0.0850, as it failed to move below several times this year.
The price of the so -and -enlarged spoilers also formed, characterized by the presence of overlapping and close directional lines. These two lines are now approaching their meeting, which means that they are likely to have a strong upward outbreak in the coming weeks or months.
The initial goal of the algorithm price is $ 0.3312, an increase of 56 % of the current level. The lounge above this level will push it to an increase of $ 0.6145, an increase of 190 % higher than the current level.
Liquid height (noise)
HyperleQuid is another altcoin for purchase because of its strong basics. Future exchange has become the most popular in the encryption industry.
The data shows that the network dealt with it 4.5 billion dollars In the last 24 hours. The volume of the seven -day folder reached $ 25.87 billion, which raised its cumulative size to more than 1.16 trillion dollars.
Hyperleliid is a larger platform than Jupiter, and it is the largest permanent exchange of this industry, which has dealt with more than $ 3.8 billion in the past seven days.
The daily graph shows that the noise price was in the direction of a strong drop in the past few weeks. It has decreased from a record level of up to $ 35.50 to $ 14. It formed a concessional channel, and it was transferred to less than the mobile average for 50 days. Therefore, the distinctive symbol is likely to recover and re -test the main resistance level at 35.50 dollars, an increase of 146 % of the current level.
Predicting currency prices: Best 3 altcoins to convert $ 500 to $ 1,000 first appeared on Invezz
