Best ETH-Based Tokens To Stack Up Before Ethereum Hits $3K!
While the crypto market is gaining momentum, the leader of the altcoin, Ethereum, is holding its price above the $2,600 level. Following this, some tokens have regained momentum, with ETH-based altcoins recording 3-digit gains this month.
With the AltSeason market right around the corner, investors are looking for potential 100x gems. In this article, we have covered 3 Ethereum-based altcoins that have the potential to outperform the crypto market.
Moon Tropica (CAH)
CAH price continues to gain 8.71% in the last 24 hours, trading volume at $352,929. Moreover, it has increased 63.47% in the last week and ~44% in the last 30 days. Increasing by more than 400%, it is one of the best performers in the Ethereum ecosystem.
The Moving Average Dependent Divergence (MACD) shows a constant rise in the histogram. Additionally, with the averages showing improvement, the CAH coin price may continue to appreciate in the near future.
If the bulls continue to rally, the price of the Lunar Tropica will break out of the necessary resistance level and move towards a high of $17.450 in the near term. However, a bearish move could drag the altcoin to a critical low of $7.465.
JasmyCoin (JASMY)
Despite trading at a steep discount from its previous ATH, Jasmine's price has risen 14.61% in the last week and 24.84% in the last month. With a YTD return of +266.55%, it secured the 64th position with a market value of $1.187 billion.
EMA has registered a 50/200-day golden cross in the 1D time frame. Moreover, the RSI indicator is hovering near the overbought region. This shows the wholesale price for Jasmi in the coming week.
Keeping the price above the resistance level of $0.02450 could set the level for this altcoin to rise to the high of $0.03150. On the contrary, if the bears return to speed, the price of JasmyCoin can retest the low of $0.01790 next time.
Curious about the future of Jasmine Coin? Read our jasmine price forecast
Ondo (Ondo)
Ondo's price remains under the spotlight after gaining ~18% from its valuation last week. It also showed a growth of 25.49% last month and 407.68% this year. The ETH-based altcoin is trading at a 44.18% discount from ATH, which could be a pick for AltSeason.
The SMA indicator continuously supports the Ondo price chart in the 1D time frame. Additionally, the MACD displays a steady green histogram. This shows a positive outlook for the Ethereum-based altcoin in the cryptocurrency market.
If the market continues to trade on high sentiment, the Ondo coin price may head towards the $1.216 high resistance level in the near future. On the flip side, if the bears beat the bulls, the price could drop to the $0.6970 support level.