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As the crypto market holds its bullish momentum, the altcoin leader, Ethereum, maintains its value above the $2,600 level. Following this, ETH-based altcoins have regained power with some tokens recording a 3-digit surge this month.
With a potential AltSeason market around the corner, investors are looking to find potential 100x Gems. In this article, we have covered the top 3 Ethereum-based altcoins that have the potential to outperform the crypto market.
Moon Tropica (CAH)
The CAH price continues to gain momentum by adding 8.71% in the past 24 hours, with a trading volume of $352,929. Moreover, it has jumped 63.47% over the past week and ~44% during the past 30 days. With a surge of over 400%, it is one of the best performers in the Ethereum ecosystem.
The Moving Average Convergence Divergence (MACD) displays a constant rise in the histogram. Further, with its averages showing an uptrend, the CAH coin price may continue gaining value in the coming time.
If the bulls continue gaining momentum, the Moon Tropica price will break out of its important resistance level and head toward its upper high of $17.450 in the coming time. However, a bearish action could pull the altcoin toward its crucial low of $7.465.
JasmyCoin (JASMY)
Despite trading at a massive discount from its previous ATH, the Jasmy price has jumped 14.61% over the past week and 24.84% during the past month. With a YTD return of +266.55%, it has secured the 64th position with a market cap of $1.187 billion.
The EMA 50/200-day has recorded a Golden Cross in the 1D time frame. Moreover, the RSI indicator is hovering close to its overbought range. This highlights a bullish outlook for the Jasmy price during the upcoming week.
Maintaining the price above its resistance level of $0.02450 could set the stage for this altcoin to head toward its upper high of $0.03150. Conversely, if the bears regain momentum, the JasmyCoin price could retest its low of $0.01790 in the coming time.
Curious about Jasmy Coin’s future? Read our Jasmy Price Prediction
Ondo (ONDO)
The Ondo price stays under the limelight by adding ~18% to its valuation over the past week. Furthermore, it has surged 25.49% during the past month, and 407.68% this year. The ETH-based altcoin is trading at a discount of 44.18% from its ATH, making it a potential pick for the AltSeason.
The SMA indicator constantly supports the Ondo price chart in the 1D time frame. Further, the MACD shows a steady green histogram. This highlights a positive outlook for the Ethereum-based altcoin in the cryptocurrency market.
If the market continues trading under a bullish sentiment, the Ondo coin price could head toward its upper resistance level of $1.216 in the coming time. On the flip side, if the bears overpowered the bulls, the price could plunge toward its support level of $0.6970.