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As the year draws to a close, several promising altcoins are poised for significant growth. These hidden gems could provide significant returns for those who seize the opportunity. This article will uncover three potentially profitable options in the rapidly evolving cryptocurrency market, providing insight into the best choices for year-end gains.
Undead Games (UDS) Shows Growth Potential
Undeads Games (UDS) is currently trading between $1.18 and $1.96, showing some notable strength. The bulls are on the uptrend, posting a solid gain of over 50% in just one week. With a relative strength index of 58.52 and an additional growth of over 175% in the past month, UDS looks set for further gains. The nearest target is the $2.33 resistance level, which could represent a gain of around 20% from the current price. Long-term holders have seen a remarkable 6-month gain of around 250%, indicating strong bullish potential for the coin.
Source: CoinMarketCap
TRON (TRX) Shows Bulls Preparing for a Comeback
TRON (TRX) is currently priced between $0.13 and $0.14, with bulls gearing up to break the $0.14 resistance level. The coin’s Relative Strength Index (RSI) is at 33.29, indicating overheated selling and a potential upside move. The Stochastic indicator, which is showing a low of 7.41, also indicates a bullish opportunity. TRX is up 1.51% in the past week and 10.61% in the past month, with a notable 6-month gain of 21.62%. If the bulls can gather strength, TRX could target the next resistance level of $0.15, which indicates a potential upside of around 7% from the current range.
In particular, Tron’s active addresses are higher than Bitcoin and Ethereum combined, and significantly outperform other popular blockchains such as Polygon, Solana, and Binance Chain. Tron has also become the second largest blockchain in the industry, with total assets exceeding $7.3 billion.
Source: CoinMarketCap
Kaspa shows potential even in strong and weak times
Kaspa (KAS) is currently trading between $0.17 and $0.20, with the bulls showing some weakness. The nearest resistance level of $0.21 is not broken, indicating that the bears still have some control. However, the coin’s 10-day moving average is $0.19 and its 100-day average is $0.18, so there is a possibility of steady growth. In the last 6 months, the price of Kaspa has surged by more than 80%. A break above the resistance levels of $0.21 and $0.23 could see an upside of around 15% to 35% from the current range. The RSI is slightly bullish at 54.25, indicating that there is room for more upside ahead.
Source: CoinMarketCap
conclusion
As the year-end approaches, savvy investors have a unique opportunity to capitalize on three promising altcoins that are expected to see significant growth in the aftermath of the recession. Undeads Games (UDS) has shown incredible strength in its recent surge and remains an attractive option with a 20% upside potential. TRON (TRX) is showing signs of a bullish comeback due to oversold conditions and impressive network activity, potentially targeting gains of 7%. Despite some bearish pressure, Kaspa (KAS) is showing steady growth potential with potential gains of 15% to 35%. Backed by strong indicators and market activity, these altcoins offer enticing prospects for year-end gains.
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.
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