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PortalCrypt / Press release / How to earn with cryptocurrency in this Bull Run – Definitive guide

How to earn with cryptocurrency in this Bull Run – Definitive guide

by publicist
28/02/2024
in Press release
How to earn with cryptocurrency in this Bull Run – Definitive guide
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Pantera Capital, a renowned hedge fund focused on digital assets, is predicting a robust cryptocurrency market in the next 18 to 24 months. This prospective boom underscores the importance of understanding how to profit from this surge, making the insights from our definitive guide on how to win with cryptocurrencies during this bull run particularly relevant. The guide offers a comprehensive roadmap to navigate and benefit from this promising financial adventure.

In this article, we will discuss:

  • BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space
  • ARB Prices Could Rise Due to Film Project, But Crypto Volatility Poses Risks
  • Short-Term Stability for Polygon with Favorable Outlook and Long-Term Uncertainty
  • SEI Current Price and Forecast: Impact of Ethereum NFT Standardization
  • Potential for optimism and cautious investment to rise amid market fluctuations
  • Conclusion

BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space

Buying pre-sale tokens can be a good idea as they are immune to violent market fluctuations with its price fixed at a certain level. The predictability is one of the main benefits of pre-sales projects like BlastUP. It is Blast's first launchpad, the only Layer 2 solution with native yield for ETH and stablecoins, and the first to achieve an impressive TVL of US$ 1 billion in just one month .

BlastUP is committed to fostering a robust community within the Blast ecosystem, where everyone benefits from mutual growth. With ambitious plans to match AI and Web3 tools, BlastUP aims to create a truly rewarding and safe environment for smooth DApp launches. Its project screening feature will ensure that only high-caliber projects enter your community.

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A BlastUP token presale is ongoing, offering a reasonable chance to invest in a promising asset at a low price. Currently, the token's price is lower than its future listing price, so now is the most opportune time to join the presale.

>> Don't miss it! Buy BlastUP Token with 60% discount before it's too late <

Whoever buys BlastUP tokens at this stage wins exclusive access to an Airdrop giving away a portion of free tokens. Additionally, they can get extra rewards through staking and participate in tiered IDO launches.

BlastUP is on the rise, fueling crypto startups with a community vibe and innovation at its heart. It is quickly becoming the go-to hub in the Blast ecosystem, with big plans through 2026 to release AI tools, the Community Marketplace, the incubation program, and more initiatives to advance the mutual growth. BlastUP is about to shake up the crypto scene, so get on board before this rocket takes off without you!

>> Act fast! The supply of BlastUP tokens is limited – secure your spot at the BlastUP launch! <

ARB Prices Could Rise Due to Film Project, But Crypto Volatility Poses Risks

Considering the recent project funding by the Arbitrum Foundation for a film produced by an Oscar-winning producer, the upcoming exposure could certainly lead to an increase in ARB's popularity and possibly its price. Given the current price of $1,89, it could rise to the $2,28 resistance level and even point towards the next level of $2,80 depending on the film's impact.

However, the innate volatility of the crypto market should not be underestimated. Despite the recent positive news, ARB's current neutral RSI and Stochastic recommendations, along with the current sell signals from the MACD and 10-day SMA, imply that risks remain. Potentially, the price could return to previously established support levels at $1,37 or even $0,98. Relying solely on news events for long-term investments presents substantial risks.

Short-Term Stability for Polygon with Favorable Outlook and Long-Term Uncertainty

Based on current trends and an assessment of the RSI, MACD, and Stochastic RSI, Polygon shows some stability in its immediate outlook. With a current price of $1,05 holding firm above the first support level of $0,64, the projected upside potential points towards the $1,18 resistance level. The Simple Moving Average, both 10-day and 100-day, also suggests a “buy” action, suggesting a favorable near-term outlook.

The long-term outlook, however, must consider potential turmoil in the crypto market. Without a doubt, Polygon's current position is secure. However, getting beyond the second resistance level at $1,18 would require significant momentum. That said, Polygon's resilience is evident, with a notable cushion above the second support level at $0,50. This provides a safer lower limit while participating in your potential growth. Balancing these factors remains critical for rational investment in Polygon's future trajectory.

SEI Current Price and Forecast: Impact of Ethereum NFT Standardization

The current SEI price of $0,86 reveals a neutral environment given the mixed RSI and Stochastic RSI indicators. The SEI Omni Foundation's recent proposal to standardize Ethereum NFTs could play a significant role in shaping long-term investment prospects, potentially activating the $0,96 and $1,27 resistance levels in the bullish scenario.

In contrast, given the MACD sell signal and the 10-day moving average slightly above the current price, suggesting a potential downtrend, cautious investors may want to pay attention. The effect of the integration of Ethereum NFTs may also involve certain risks that could exert pressure, driving the price towards support levels of $0,45 or even $0,25 in a less favorable market scenario.

Potential for optimism and cautious investment to rise amid market fluctuations

Optimism's current price is holding steady at $3,76, approaching its first resistance level at $3,91. Given the 100-day simple moving average suggesting a 'Buy' action, there is an opportunity for a bullish run towards the second resistance level at $4,92 in the longer term. The neutral recommendation of the Relative Strength Index (RSI) and Stochastic RSI indicates a balanced market condition that favors steady upward movement.

Although the current price is promising, the downward pressure suggested by the MACD and the 10-day simple moving average cannot be ruled out. These indicators suggest potential near-term risks that could pull the price towards its initial support level at $2,25, possibly extending to $1,60 if the momentum continues. It highlights the importance of cautious investment, considering the possibility of price fluctuations in both directions.

Conclusion

Because bull markets can be highly unpredictable, investments in projects like BlastUP offer a measure of stability and predictability amid the volatile nature of the crypto market. While projects like ARB, Polygon, SEI, and Optimism have promising potential, none appear to match the potential growth and security offered by the BlastUP token. Operating within the robust Blast ecosystem and bringing AI and Web3 tools to the table, BlastUP rigorously selects high-quality crypto projects to amplify the mutual growth and success of its community members.

Website: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

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