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3 Tokens Priced Under $1 That Could Make a Profit Next Week From Happy Coin News

3 Tokens Priced Below $1 That Could Make a Profit Next Week

Happycoin.club – The cryptocurrency market still offers many opportunities. Despite the fact that now the main focus is on the main cryptocurrencies (BTC) and (), there are promising tokens under $1 that have good prospects.

Using fundamental indicators and technical analysis, the Finbold team has compiled a list of the most promising cryptocurrencies that can bring profit in the coming week.

(DOGE) Dogecoin (DOGE) currently faces a significant hurdle in its bullish run, but successfully overcoming this challenge could result in the meme cryptocurrency doubling in price.

DOGE faces a major hurdle at $0.087. This key level is determined by the convergence of the .786 Fibonacci level and the 100-week and 200-week exponential moving averages. Overcoming this hurdle could push DOGE to $0.14, says cryptanalyst Ali Martinez.

Dogecoin price movement analysis. Source: Ali Martinez

The current price of the meme coin is $0.0836, reflecting an increase of 1.1% over the past 24 hours. Over the past seven days, the token has grown by 10%, and over the monthly period the growth reached 25.35%.

DOGE 7-day price chart. Source: DOGE 7-day price chart. Source: CoinGecko

() Another asset that could grow is Cardano (ADA). Experts say this stage has many characteristics consistent with future growth.

Looking at the 4-hour chart, we can see that the 100 EMA is serving as a bounce zone for ADA, with the $0.396 level representing strong resistance. The TD Sequential indicator is indicating a buy signal on this time frame near the 100-EMA, suggesting a new bounce.

According to crypto analyst Martinez on November 27, it is critical to watch the 4-hour candle close either above the $0.396 resistance or below the 100-EMA. This will determine the direction of the ADA trend.

ADA rebound and resistance levels chart. Source: Ali Martinez

ADA is currently trading at $0.38, having posted a positive gain of 2.8% over the previous 24 hours, with the token down 2% over the past 7 days. Over the month, the dynamics are positive by 30.79%.

7-day ADA price chart. Source: CoinGecko

Hedera (HBAR) Hedera (HBAR), backed by major players such as Alphabet (NASDAQ:), Boeing (NYSE:) and IBM (NYSE:), works differently than traditional blockchains. The network uses a technique called a hashgraph, where system components interact to create a timeline of transactions, similar to other digital currencies.

Électricité de France, a leading global electricity producer, Europe’s largest renewable energy producer and member of the Hedera Council, successfully completed a proof of concept (POC) on November 29th.

Using the Hedera registry and the open source Guardian platform, the project automates the issuance and redemption of renewable energy certificates, signaling a move towards a more efficient and transparent renewable energy market. This event highlights the support for Hedera from various industries and companies around the world.

The asset is currently valued at $0.06, reflecting a daily gain of 0.29% with a loss of 2.74% over the past 7 days. On a monthly basis, we see a 17.28% increase in value.

7-day price chart. Source: CoinGecko

The altcoins mentioned are showing some strength, but research and risk analysis by users themselves is still critical.

Read the original article on Happycoin.club

2023-12-01 16:53:00
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