New Crypto Coins to Invest in October 2024: Terra Classic and Hedera’s Recovery Outlook
Release: 2024/10/17 06:49 Reading: 977
- Original author：Crypto News Land
- Original source：https://cryptonewsland.com/?p=186307
Cryptocurrency Market Analysis: Hedera, Notcoin, Pepe, Terra Classic, and NEIRO
Hedera (HBAR), Notcoin (NOT), Pepe (PEPE), Terra Classic (LUNC), and NEIRO ($NEIRO) are dominating headlines in the crypto market, exhibiting diverse price movements and investment opportunities.
Hedera (HBAR): Potential for Recovery
Despite recent struggles, HBAR shows signs of recovery. Trading at $0.04997, it has faced a 43% drop over six months. However, positive fundamentals suggest it may have been oversold. A surge is possible if it surpasses $0.0678, potentially reaching $0.0801 (a 30% increase). Conversely, continued declines are likely if support below $0.0430 is breached.
Notcoin (NOT): Steady Growth Continues
NOT has experienced impressive growth, surging by 293.49% in the past six months. It maintains steady momentum with a current trading range of $0.0066 to $0.0091. Technical indicators suggest further potential for gains, with a strong MACD reading and an RSI nearing overbought territory.
Pepe (PEPE): Gaining Momentum
PEPE, a dog-themed coin, has gained 81.14% over six months. Its price range of $0.000008557 – $0.00001170 supports its bullish trend. Technical analysis indicates more room for growth, with an RSI of 59.48%.
Terra Classic (LUNC): Hints of Recovery
LUNC is trading within a narrow range of $0.0000799 to $0.0001002. Despite a decline of over 23% in six months, it may be approaching oversold conditions (RSI at 34.32). A breakout above $0.0001105 could signal a potential recovery, leading to a 30% increase towards $0.0001309.
NEIRO ($NEIRO): New Contender Emerges
NEIRO has garnered attention as a potential rising star in the crypto market. Its community-based effort, absence of buy/sell fees, and lack of team tokens make it unique. Resembling Dogecoin's market introduction, it has attracted investors seeking the next big thing.
Disclaimer:
This article provides market analysis and should not be interpreted as investment or financial advice. Conduct thorough research and consult with experts before making any investment decisions.
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