With the recent Fed rate cut, the market has a catalyst to start the bull run and end the long correction. Small-cap coins always get an edge in the bull run because that’s where big funds go because of their potential for large gains. In this article, we will discuss some high-potential coins and a small-cap coin, the top contender for the bull rally.
Celestia (TIA), Nervos Network (CKB), and Cutoshi (CUTO) take the lead in our curated list of such popular coins. Let’s see which factors are driving them towards fame.
Celestia (TIA): Major Bullish Sentiment After 50 DMA Breakout
Today, Celestia’s (TIA) market cap stands at $1.38 Billion, with a price of $6.45 per coin. Recently, TIA has been in a short-term uptrend and is up a fascinating 20% this week. Celestia (TIA) is trading below the 200-day Daily Moving Average(DMA) and crossing above the 50-day DMA with above-average volume and significant price momentum, suggesting large investor involvement.
Technical analyst experts suggest that resulting from this bullish sentiment, TIA can move another 17% up and reach its recent rejection level at $7.65 by the end of this week. The next significant resistance level is $8.89. The nearest support for Tia is $5.2, and further down, a strong support level is $3.7.
Will Nervos Network (CKB) Continue Bullish Or Undergo Correction?
Following its recent listing on the South Korean exchange Upbit, CKB experienced an impressive 100% surge. This listing exposed CKB to all the crypto whales globally. Although it has been consolidating for the past few days, experts expect CKB’s bullish trend will continue as more investors are starting to see it as a significant player in the blockchain network.
Nervos Network (CKB) trades above the short-term 20-day and 50-day moving averages at $0.01669, with the Relative Strength Index (RSI) equal to 67, showing major bullish sentiment. However, a potential correction could occur after the sudden surge in CKB’s value. According to Coinmarketcap, trading volume has decreased by 9% over the last 24 hours.
For CKB, the nearest support is at $0.013613, and its recent resistance was $0.020487. A higher resistance level lies at $0.024490, where bearish pressure could be introduced.
Cutoshi (CUTO): Latest Utility Token Set For Exponential Growth
Cutoshi is a utility memecoin based on Ethereum, aiming to bring DeFi to the masses utilizing the power of the meme community. It embodies freedom, privacy, and autonomy, along with other DeFi features, using tools like the Multi Chain Cutoshi Decentralized Exchange (DEX) in its ecosystem.
The Cutoshi DEX is a multi-chain exchange and swapping platform that aims to ensure privacy and security for its users. Multi-chain means users can swap assets across different chains, which simplifies the exchange process and saves people time and money.
Analysts expect Cutoshi to be the next 100x memecoin because it will benefit from the coming crypto rally soon after its launch. The token is currently in presale, going at the price of $0.015, and has already raised more than $70,000 out of the $330,000 cap in stage one.
This is an excellent chance for investors looking to make high profits. With the blend of fun and utility, Cutoshi can lead the memecoin sector in the future.
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