Five Altcoins With 100x Potential To Buy Now

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jul 14 2024

ONDO-0.73%

BTC+2.999%

STX-2.165%

Should l Buy ONDO?

Altcoins with 100x Potential: Analyst Altcoin Daily listed five altcoins with significant growth potential for investors seeking major gains.
Highlighted Altcoins:
- Ondo Finance: A Real World Assets (RWA) tokenization project bridging traditional finance with blockchain technology.
- Aethir: A leader in the Decentralized Physical Infrastructure Network (DPIN) sector addressing the global scarcity of enterprise-grade GPUs.
- Stacks: Making waves as a Bitcoin Layer 2 solution enabling smart contracts and dApps to leverage Bitcoin's security.
- LimeWire: Transitioned into an AI-driven content creation hub empowering artists through NFTs and AI tools.
- Biconomy: Simplifies DeFi complexities with plug-and-play APIs, aiming to make decentralized finance more accessible.

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Technical Analysis for ONDO

Technical Sentiment Analysis for Ondo (ONDO) As of , Ondo (ONDO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ONDO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ONDO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Ondo (ONDO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0938	0.148	0.207	0.261	0.32	0.374	0.433
Fibonacci	0.148	0.191	0.218	0.261	0.304	0.331	0.374

About ONDO

ONDO token holders are entrusted with shaping the future of the Ondo DAO so that it continues to pursue its mission to democratize access to institutional-grade finance. The Ondo DAO gives ONDO holders specific rights pertaining to Flux Finance, which is currently governed by the Ondo DAO.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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