Ethena, Ondo, Pendle, and BLP: Altcoins Poised to Lead in the Next Two Weeks

In the dynamic market environment, four contenders are emerging as frontrunners, poised to shape the trajectory of the next two weeks. With the bull run of 2024 gaining momentum, investors are scanning the horizon for tokens that show promise. These selections are catching the eye of market participants looking for the next big move. Their potential impact on the market has made them the talk of the industry, setting the stage for an intriguing fortnight ahead.

BlastUP Token Projected to Soar 1000% By Year’s End

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users. 

The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

Ethena Crypto Fluctuates Amid Market Volatility

Ethena (ENA) has seen a significant drop in the past week, plunging about 19.72%. But looking back further, ENA has soared, with increases of 187.24% over the last month and the same over six months. Currently trading between $0.71 and $1.04, the coin shows a downward trend. Price moves seem corrective after its recent surge.

As for ENA’s outlook, it’s mixed. The trading range is wide, and with an RSI of 41.39, ENA isn’t in the overbought or oversold territory. It may test the nearest support at $0.58, and if it holds, an optimistic push could aim for resistance levels at $1.24 and possibly $1.57. However, traders should watch for any slip toward the second support at $0.25, signaling a bearish phase.

Ondo Crypto Price Insight

Ondo (ONDO) has been trading between $0.70 and $0.89 recently. The price has decreased by about 6.33% this past week, showing a bigger drop of 17.76% over the past month. However, looking back six months, ONDO has jumped significantly by 2358.87%. The current RSI indicates that the coin might not be overly bought or sold, tilting slightly towards being sold more, considering the price moves appear to be on a corrective trend after the extreme rise in the past.

The future price of ONDO could potentially test the $1.00 resistance, given the correct market conditions, but the coin also faces a potential decline towards its support at $0.62. If the selling pressure continues and the coin breaks past the support, the next level to watch would be $0.43. However, the significant gains over the last six months bring cautious optimism, suggesting that with strong fundamentals and market sentiment, ONDO might approach or even break through the $1.20 resistance level ahead.

Pendle Crypto: A Look at Price Movement and Future Predictions

Pendle is currently trading between $4.87 and $6.45 after a week that saw a significant drop of 33.15%. Over the last month, PENDLE has decreased slightly by 2.54%, while the last six months have shown a dramatic increase of 380.86%. The coin is experiencing corrective moves indicated by a RSI of 32.17, which suggests it might be undervalued.

Considering recent trends and technical levels for PENDLE, the outlook seems mixed. The bullish case can be made with the strong half-year performance, but the recent weekly downtrend provides a note of caution. Should PENDLE move upwards, it might face resistance at $7.44 and later at $9.02. Support is found near $4.28 and at a deeper level of $2.70, which could provide a safety net in case of a price dip.

Conclusion

ENA, ONDO, and PENDLE might lead in the crypto space for the next two weeks but have limited growth potential. In contrast, BlastUP stands out with significantly greater prospects. The project’s promise lies in its innovative concept and integration within the Blast ecosystem, setting it up for possible leading performance in the market.

Site: https://blastup.io/

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