Experts have predicted a significant breakout for Ethereum (ETH), as the Coin recently displayed remarkable strength in a support level. Market trends, in general, could point to an Altcoin Season just around the corner, so we rounded up a list of coins to invest in, including Binance, Cardano, and the brand new Big Eyes Coin (BIG) that just preponed their Launch date.
Ethereum Slated For Breakout
Crypto analysts predict a massive Ethereum (ETH) breakout, crediting its recent stronghold on the crucial support level between $1700 and $1780. It was also seen that during this time, 1.4 million addresses bought 6.48 million ETH: a sign of growing interest in the asset. With the support level in tow, there is no resistance to a further uprise for Ethereum.
Meanwhile, the asset managed a successful support/resistance (S/R) flip on its Bitcoin daily chart. Ethereum’s prices turned oversold against Bitcoin recently after eight months of lows. The last time this happened, it was followed by new highs on the ETH/BTC Chart, which means a prolonged bounce back by Ethereum is likely to happen. Considering these facts and current market trends, it’s safe to say that Ethereum is heading towards a notable surge.
The Next Alt Season Could Be On The Way
According to Crypto analyst Miles Deutscher, whenever Ethereum has made sustained strides against Bitcoin, the altcoin market has fared well. This could mean that a new Alt Season is around the corner.
This is an exciting time for the crypto market, especially with the likely price surges, but having to choose from so many altcoins might be daunting for investors. Keeping this in mind, our team has rounded up three altcoins to look out for this season; read on to know more.
Binance: Utility Coin all set as Contender
Binance (BNB) has more reasons than one to be the go-to choice for investors this alt season. It may be used to pay listing fees for a transaction or for trading. Moreover, Binance has expanded its features and services, including an NFT Marketplace, the Binance Smart Chain. Its past track record exhibits the asset’s ability to adapt and evolve in the market, which adds to its utility and makes it a contender in the upcoming season.
Cardano: Secure, Smart and Scalable
Cardano (ADA) ’s affinity to the Ouroboros proof-of-stake model renders it an open-source blockchain that is efficient, scalable, and more secure than the traditional proof-of-work blockchains. Moreover, Cardano also has a solution to setbacks like voter fraud, adhering to rules, and interoperability, which are very commonly faced by other cryptocurrencies. This focus on security, efficiency and innovation qualifies Cardano as a safe bet in the upcoming season.
Big Eyes Coin To End Presales, Next Big Thing On The Market?
With a presale run like no other, Big Eyes Coin (BIG) has created all the buzz it needs and more! The presale alone has raised an impressive 32.5 Million, and by the looks of it, they aren’t stopping soon.
Lootboxes that guarantee amplified returns, a Token Card Collection that can be minted as NFTs, a bar on taxes within the ecosystem, 80% supply availability on launch day and a motive to give back to the planet by donating 5% of the total supply to organizations that work to clean oceans-can it get any better?
Well it just did! Users that buy using BIG, Lootbox or otherwise can get a 250% bonus as gratitude for being a member of the Community. Simply use the code BULLRUN250.
While Ethereum is gearing for a breakout, it is a matter of time before the altcoin market flourishes, kick starting the Alt Season. Coins like Big Eyes Coin prove that they can be the best bet for investors, because they can return BIG wins-for their community.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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