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Trump’s Crypto Commitments for 2024 – Send Crypto to the Moon With the Biggest Altcoin Rally in History

09.11.2024 17:46 5 min. read Kosta Gushterov
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Trump’s Crypto Commitments for 2024 – Send Crypto to the Moon With the Biggest Altcoin Rally in History

Recent declarations by influential figures suggest groundbreaking changes are on the horizon for the cryptocurrency world.

These developments might spark an unparalleled surge in alternative digital coins, possibly leading to the most significant rally ever witnessed. This article examines how these commitments could propel cryptocurrencies to unprecedented heights.

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Ethereum Poised for Breakout Amid Bullish Momentum

Ethereum’s price has been moving upward in recent weeks, showing a positive trend. With a current range between around $2300 and $2600, it has increased by about 18% over the past month. The RSI is nearing 70, indicating strong momentum. If Ethereum breaks through the nearest resistance level at around $2800, it could climb toward the next resistance at approximately $3100, representing a significant potential gain. The 10-day moving average is above the 100-day average, suggesting bullish sentiment. However, if the price dips, the nearest support is at around $2200. Overall, the indicators point to a possible rise, and Ethereum may be set for substantial growth in the coming period.

Solana Targets New Highs as Bullish Momentum Builds

Solana is currently trading between $152 and $177, showing strong upward momentum with impressive gains over the past week and month. The bullish signals from indicators like MACD and RSI reflect high buying interest. If Solana breaks through the nearest resistance at $193, it could accelerate toward the next level at $219, offering substantial returns. The 10-day simple moving average is at $190, and crossing this point may signal further upside. With the crypto market heating up for an altcoin season, Solana has significant potential for growth. Traders are watching these key levels closely as the coin positions itself for a potential breakout.

Cardano (ADA) Gains Momentum as Bull Run Looms

Cardano (ADA) has been gaining ground recently, with its price increasing by 9.86% over the past week and 10.80% over the past month. Currently trading between $0.3193 and $0.3553, it’s approaching its nearest resistance level at $0.3777. If it breaks through, the next target is $0.4137. The Relative Strength Index is at 76.19, indicating strong momentum. The Simple Moving Average over 100 days is $0.3451, suggesting an upward trend. The MACD level is positive at 0.007535. With the altcoin season on the horizon and a global crypto bull run expected, Cardano could see significant growth ahead.

XRP Shows Upward Momentum, Eyes Potential 10% Gain

XRP is trading between $0.4864 and $0.5257, showing signs of growth. In the past week, it has risen by 6.00%, and over six months, it increased by 10.57%. The coin is approaching a key price point at $0.5481. If it breaks through, it could reach $0.5874, which would be about a 10% increase. The average price over the last 10 days is $0.5500, higher than the current range, suggesting further upward movement. As the altcoin season nears, XRP may continue its climb, reflecting positive trends in the crypto market.

Conclusion

While major coins like ETH, SOL, ADA, and XRP may have limited short-term potential, DOGEN offers a unique opportunity. Tailored for those who seek luxury and success, DOGEN is expected to grow 700% by the end of its presale. Following successful tokens like BONK, WIF, and Popcat, DOGEN builds a community of leaders with real benefits and exclusive perks for early adopters.

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This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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