Shiba

Token

Resistance

Shiba Inu

<img src="https://cdn.thebittimes.com/images/2024/03/12/1710242281.webp" alt="">
Bitcoin has soared to a whopping $71,000. This significant rise comes in parallel with the UK Financial Conduct Authority's (FCA) acceptance of crypto exchange-traded notes (ETNs). Equally noteworthy are trending altcoins, including major cryptos and meme coins, reflecting the ever-changing dynamics in the crypto sphere. The increased acceptance of Bitcoin and the rise of diverse cryptocurrencies paint a vivid picture of the ongoing reshaping of the financial landscape.
<h2 dir="ltr" id="span-blastup-presale-exceeds-1-million-anticipating-the-next-big-thing-in-crypto-span">BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto</h2>
BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising &nbsp;over $1 million in a few weeks. This project is creating a buzz and attracting the growing number of early investors who have already recognized BlastUP's high potential.
BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.
Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.05, you get a hefty discount of $0.05, as the listing price is set at $0.1.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=QE33Z2" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale &lt;&lt;</a>
Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.
The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=QE33Z2" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Join BlastUP Presale NOW to Unlock Early Benefits &lt;&lt;</a>
<h2 dir="ltr" id="span-cardano-ada-may-see-both-growth-and-short-term-decline-amid-market-changes-span-b-b">Cardano (ADA) May See Both Growth and Short-Term Decline Amid Market Changes</h2>
Cardano (ADA) is currently pivoting around the $0.77 mark, and its close proximity to the nearest resistance level of $0.75 could push it towards the second resistance at $0.85. Not being included in the new Grayscale fund might create a substantial opportunity if ADA can leverage its strong indicators such as MACD and Simple Moving Average in both 10 and 100 days.
However, the exclusion from a well-established fund might signal a potential short-term decline. If the current price fails to hold, we could see ADA retracting back to the nearest support level at $0.52 and possibly even dipping to the second support level at $0.38, despite the neutral RSI and Stochastic indicators. The long-term trend nevertheless suggests upward growth backed by the 100-days simple moving average.
<h2 dir="ltr" id="span-solana-s-bullish-run-short-term-potential-vs-long-term-caution-span-b-b">Solana's Bullish Run: Short-Term Potential vs. Long-Term Caution</h2>
By assessing Solana's exciting trajectory, it's clear there is short-term potential in its bullish run. With a current price of $147.74, surpassing the nearest resistance level of $142.72, it can further reach the $160 mark if the trend persists. Increased trade volume, as noted in recent news, backs this positive outlook.
On the other hand, Solana's long-term prospects warrant a cautious approach. Despite a strong 10-day and 100-day simple moving averages of $137.54 and $100.11 respectively, potential drop to the nearest support level of $100.87 or even the second support level at $76.03 is plausible. The coin's fast stochastic RSI indicating "sell" signals a potential downward shift.
<h2 dir="ltr" id="span-dogecoin-value-dynamics-navigating-resistance-and-support-levels-span-b-b">Dogecoin Value Dynamics: Navigating Resistance and Support Levels</h2>
Dogecoin's current price standing at $0.17 reveals an intriguing situation. With the nearest resistance level at $0.14, it has already made a breakthrough. The second resistance level at $0.17, which is the current price, signals potential growth. The MACD buy recommendation alongside the rising 10-days moving average at $0.16 suggests optimistic prospects in the near future. However, considering the neutral status of RSI and Stochastic RSI, we must keep an eye out for possible fluctuations.
While the immediate image seems positive, the presence of lower support level at $0.08 and second support at $0.05 indicates a potential hazard. This balance of support and resistance levels offer noteworthy dynamics for Dogecoin's value. The 100-day moving average stands at $0.09, far below the current price, and this larger view portrays more caution. But with its recommended action as 'Buy', there remains a sense of optimism. Despite immediate market influences, long-term analysis is crucial for price speculation.
<h2 dir="ltr" id="span-shiba-inu-token-is-trading-bullish-but-long-term-risks-loom-span-b-b">Shiba Inu Token is Trading Bullish but Long-Term Risks Loom</h2>
Shiba Inu token is currently trading at $0.0000329, a remarkable drive up from its simple 100-day moving average of $0.0000120. The solid trading volume hints at a positive trend. If the token can rise above its nearest resistance level of $0.0000152, a surge towards the second resistance level of $0.0000180 is conceivable, given the positive buy recommendations from the MACD and the 10-day simple moving average indicators.
Despite the current upbeat trend, long-term risks shouldn't be neglected. Going by the RSI and Stochastic RSI Fast indicators which suggest neutral action, there could be a potential cool-off period. Furthermore, should the support levels of $0.000009310 and $0.000006050 fail to hold, we may see a significant dip that may erase the short-term gains.&nbsp; 
<h2 dir="ltr" id="span-conclusion-span">Conclusion</h2>
As the cryptocurrency landscape continues to evolve, dynamic altcoins and meme coins emerge with varying potential. Major cryptos such as Cardano, Solana, Dogecoin, and Shiba Inu provide interesting trends to watch. However, the exceptional success of BlastUP, set within the Blast ecosystem, stands out. With its compelling concept of integrating AI and Web3 tools, BlastUP foresees high growth potential. Its commitment to providing efficient startup launches in the crypto space makes it a primary spotlight in the market's ongoing reshaping.
Site: <a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=QE33Z2" target="_blank" rel="noopener noreferrer nofollow">https://blastup.io/</a>
Twitter: <a href="https://twitter.com/Blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://twitter.com/Blastup_io</a>
Discord: <a href="https://discord.gg/5Kc3nDhqVW" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/5Kc3nDhqVW</a>
Telegram: <a href="https://t.me/blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blastup_io</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-altcoin-trend-to-watch-rising-major-cryptos-and-meme-coins-tbt82319.html">https://thebittimes.com/top-altcoin-trend-to-watch-rising-major-cryptos-and-meme-coins-tbt82319.html</a>

Top Altcoin Trend To Watch: Rising Major Cryptos and Meme Coins

Table of Contents

TheBitTimes

Other articles published on Mar 12, 2024

CoinShares Completes Acquisition of Valkyrie Bitcoin Funds

Binance Futures Announces Listing of These Altcoin Pairs with 50x Leverage!

Bitcoin Price Predictions Surge as Market Reacts to Economic Developments

WeOnMarket Shows Special Opportunities for Global Transactions

Litecoin & Avalanche Holders Propel Raffle Coin (RAFF) in Explosive 100X Presale

Is The Crypto Market In For Headwinds? Here’s What Next For Bitcoin and Altcoin Price

Join our free newsletter for daily crypto updates!