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Arthur Hayes Predicted Second Market Crash?! Best Altcoins Picks to Buy the Dip

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By on August 8, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Arthur Hayes Predicted Second Market Crash?! Best Altcoins Picks to Buy the Dip appeared first on Coinpedia Fintech News

Arthur Hayes, ex-CEO of BitMEX, has hinted at a potential upcoming market crash. Such predictions have traders on edge, eager to know which altcoins could offer the best returns during the dip. This article delves into the top crypto picks poised for growth, providing insight into the potential hidden gems in the market.

CYBRO Attracts Crypto Enthusiasts with Advanced Earning Opportunities, Raising Over $1.6M  

CYBRO is a new DeFi platform that uses the power of artificial intelligence to enhance the opportunities for earning on the Blast blockchain. Being in the early stages, the project has already attracted much attention from crypto enthusiasts who have propelled the presale to the $1.6 million milestone. 

The uniqueness of CYBRO lies in its ability to deliver lucrative yield farming solutions to suit various strategies regardless of the market conditions 

The CYBRO token stands central to the platform, offering high utility. The high demand for CYBRO offerings may consequently fuel the demand for its tokens, currently seen as undervalued crypto assets. Some experts foresee 1200% growth potential which makes CYBRO tokens a must-have crypto for savvy investors.

Benefits for CYBRO Token Holders:

– Competitive staking rewards

– Access to airdrops

– Reduced trading and lending fees

– A robust insurance program within the platform

With only 21% of the total tokens available for this presale and approximately 80 million already sold/ The supply of CYBRO tokens is running out fast, so this is a golden opportunity to secure a stake in a project that’s truly one in a million.

Ondo (ONDO) Poised for Growth Despite Market Hurdles

Ondo (ONDO) has faced some price dips lately, with a current range of $0.54 to $0.94, showing a week’s loss of nearly 23% and a month’s decline of about 19%. However, there’s a strong potential for growth.

The coin’s RSI at 57 suggests it’s not overbought, and its price is supported around $0.39. With resistance levels at $1.19 and $1.59, a break past these could yield upwards of 70% to 120% growth. Given the 220% increase in the past six months, bullish trends seem likely once the current hurdles are crossed. Keep an eye on the $0.72 price for confirmation of an upward move.

Jupiter (JUP) Eyed for Big Gains Despite Market Dip

Jupiter (JUP) is showing resilience amid market volatility, trading between $0.65 and $1.11. The coin recently faced a pullback, down 15.42% in the past week, but still up nearly 28% over the past month and over 73% in the last six months.

Bulls remain hopeful, driven by the token’s ability to stay above key support at $0.48, with eyes on breaking resistance at $1.40. If it surpasses this level, the next target is $1.85, potentially up 50% from current levels. The RSI of 65.40 suggests more room for upward movement, backed by strong short-term and medium-term moving averages. The Bulls are not out yet.

Solana Shows Resilience Amid Market Dip, Eyeing Potential Gains

Solana (SOL) is currently trading between $115 and $177.72, reflecting strong bullish potential despite the recent market dump. The coin’s 1-month price change is nearly 16%, and over the past six months, it’s risen by almost 50%. With the nearest resistance at $217.16, SOL could see significant gains if it breaches this level. RSI at 67.80 suggests it isn’t overbought yet, indicating more room for upward movement.

If momentum continues, Solana could potentially rise by another 20% to 25% in the short term, targeting the next resistance around $279.76, marking substantial growth from current levels. The nearest support at $91.96 provides a safety net, securing the altcoin’s positive trend.

Turbo (TURBO) Poised for Growth as Market Patterns Mimic 2021 Bull Run

Turbo (TURBO) is currently moving between $0.0032 and $0.0053, showing signs that bulls may be stepping back. Despite a recent dip of over 25% in the past week, Turbo has surged over 1166% in six months. The price is nearing its simple moving averages of $0.0041 and $0.0040, suggesting it could rise towards its first resistance level at $0.0067, which would be a solid gain.

With a Relative Strength Index of 54.47 and a bullish MACD, Turbo might break past $0.0088 if market conditions stay positive, potentially achieving a rise in double-digit percentages. Investors should watch for repeat bullish patterns reminiscent of 2021.

Conclusion

ONDO, JUP, SOL, and TURBO have less potential in the short term. However, CYBRO, a technologically advanced DeFi platform, offers investors unparalleled opportunities to maximize their earnings through AI-powered yield aggregation on the Blast blockchain.

With features like lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience characterized by seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

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