Elena R
Despite increased selling pressure in the cryptocurrency market, mid-cap and low-cap altcoins have recorded an increase in the buying sentiment. This indicates a switch of interest among users toward these crypto tokens.
Are you planning on investing in ETH-based altcoins for the upcoming AltSeason?
Scroll down as, in this article, we have covered the top three Ethereum-based altcoins that have the potential to record a massive uptrend in their respective portfolio during the coming time.
Safe (SAFE) Price Analysis:
Despite increased bearish sentiment in the crypto market, the SAFE price has recorded a bullish price action for the 3rd consecutive day, highlighting increased price action for the altcoin in the market. Further, it is currently trading at a discount of 76.3% from its ATH of $4.01.
The technical indicator, MACD, displays a constant decline in the red histogram, highlighting an increase in the bullish sentiment in the crypto market. Moreover, the averages show a potential bullish convergence, suggesting a high possibility of a positive reversal.
If the bulls continue to gain momentum, the SAFE coin price will prepare to test its resistance level of $1.450. Conversely, bearish action could result in this altcoin plunging toward a new all-time low (ATL).
Aethir (ATH) Price Analysis:
The Aethir price has recorded a bullish price action by adding over 10% to its portfolio with a trading volume of $40.126 Million despite a bearish cloud over the crypto space. Notably, with a market capitalization of $292.916 Million, this altcoin has secured the 216th position in the global crypto list.
The MACD indicator has displayed a constant rise in the green histogram. However, its RSI has recorded a strong bearish curve in the 1D time frame. This suggests a mixed sentiment for the ATH price in the crypto market.
If the market holds the Aethir price above its important support level of $0.07050, the bulls will gain momentum and prepare to test its upper resistance level of $0.08415. Conversely, if the bears overpowered the bulls, this altcoin will prepare to test its low of $0.06435.
Neiro Ethereum (NIERO) Price Analysis:
Built on the Ethereum chain, the Neiro Ethereum is a project that has a total supply of only 1 Billion tokens. Positively, it has no Buy/Sell tax or team tokens for governance or community approach. It operates on itself and promotes itself as the next big opportunity in the crypto world.
With a trading price of $0.1852 and a total supply of 1 Billion tokens, it has successfully secured the 234th position in the global crypto-list with a market capitalization of $185.446 Million.
Notably, it has surged 53.86% within the past day with a trading volume of $36.64 Million, a drop of 7.68%. Moreover, it has surged approximately 1,200% since its inception, highlighting a strong bullish outlook for the altcoin in the coming time.
