Cryptocurrency

Bull Market Boost: ICP & Cardano Soar, Analysts Spotlight Milei Moneda ($MEDA) as Next Big Hit

Market Trends

TLDR

  • Crypto analysts spot high-profit potential on Milei Moneda ($MEDA)

  • ICP's AI Smart Contract awes the crypto world, and prices skyrocket.

  • ADA breaks the bearish market structure and is set for a significant price increase

The recent resurgence of Internet Computer (ICP) and Cardano (ADA) is a testament to the positivity in the broader cryptocurrency market, inspired by Bitcoin's (BTC) price strength. This has injected renewed optimism into the crypto market, signaling the bull run. However, amidst the excitement surrounding these established players, a new contender has emerged on analysts' radars – Milei Moneda ($MEDA) – with the potential to become the next big hit. Read on to discover the potential of Milei Moneda ($MEDA) and how it has ascended to become one of the top crypto coins of 2024.

Internet Computer Imitates Bitcoin's Bullish Moves

Last week, Internet Computer (ICP) grabbed market attention by the bulls–pun not intended. After months of consolidation, Internet Computer (ICP) finally recovered from earlier declines with a 100% increase in trading volume and a 32% increase in price, all in the space of a week.

Crypto analysts have also spotted a pattern formation in Internet Computer's (ICP) daily trading charts that looks almost identical to the weekly trading chart of Bitcoin (BTC) in May 2020 when the 2020 bull run started. They speculate that this may be the start of Internet Computer's (ICP) bull cycle.

This recent price action from Internet Computer (ICP) can be traced largely to the development of its AI smart contract, which is set to awe the crypto world. Internet Computer (ICP) is speculated to pump to an additional 20% in the coming days.

Cardano Shows Resilience, Breaks Market Structure to the Upside

Many crypto enthusiasts have been skeptical about Cardano's (ADA) potential for a comeback following its decline in 2021, with some even declaring the altcoin dead. However, Cardano (ADA) has demonstrated resilience and is steadily regaining momentum.

The year kicked off with Cardano (ADA) on a bullish trajectory, experiencing an overall price surge of 64%. Despite currently undergoing a retest phase, bullish sentiments persist among crypto analysts. Notably, the Relative Strength Index (RSI) indicator has shown Cardano (ADA) trading below an RSI reading of 30 in the past week, indicating potential upward momentum soon.

Cardano (ADA) surpassed its 2023 resistance level and subsequently changed its previous bearish market structure towards the upside. The coin is poised for a 50% price increase in the upcoming weeks.

Milei Moneda: The Current Sensation in the Crypto Industry

Analysts have begun shining a spotlight on Milei Moneda ($MEDA) as the next potential breakout star in the crypto sphere. This emerging cryptocurrency has garnered attention for its innovative approach, disruptive technology, and ambitious roadmap.

Currently, in Stage 1 of its presale, with an altcoin price of $0.010 per token, Milei Moneda ($MEDA) not only appeals to expert traders but also positions itself as the best crypto for beginners seeking a low-risk investment with high-profit potential to make their entrance into the crypto world. 

As Milei Moneda ($MEDA) progresses through its presale stages, its price is set to rise—$0.0125 in Stage 2 and $0.015 in Stage 3—with a target of $0.020 at its Uniswap launch scheduled for May of this year. This represents a 100% ROI for lucky investors who get in now.

However, the price increase isn't the sole attraction of this top ICO. Milei Moneda ($MEDA) prides itself on regular audits, highly secure smart contracts, locked liquidity pools, burn strategies, community autonomy, and the possibility of a future airdrop.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Sui Price to Hit $5 Soon, Investors Also Buying LNEX and XRP After 45% Spike

Cardano (ADA) Price Prediction, Solana (SOL) & Lunex Network (LNEX) See Massive Inflow of Investors

Why XMR and AAVE Supporters Might Be Piling into the Lunex Crypto Presale

Guide to Using CoinMarketCap and Its Features

Missed Out On Neiro Rally? This Altcoin Displays Better Metrics, PEPE Holders Begin Switching