Every Trader Must Have These Coins In Their Crypto Portfolio for the Coming Rebound
3 min read
As the crypto market shows signs of a potential upturn, savvy traders are looking to key digital assets that promise significant growth. This article explores essential cryptocurrencies poised to capitalize on the next rebound. Delving into these top picks, readers will discover which coins are set to deliver strong returns, positioning portfolios for success. Kaspa Price Analysis: Recent Decline and Key Levels Kaspa saw a significant pullback over the past month and six months. Prices were recorded within a range from $0.065 to $0.116, with a one-month drop of nearly 29% and a six-month decline of approximately 34%. The coin experienced a short-term recovery, with a modest weekly gain of about 6%, but over the longer term, prices have trended downward. These movements indicate that the token has struggled with persistent negative pressure and investor caution. Price softness over the half-year signals lower buying strength while volatility remains evident. Currently, Kaspa trades between a nearest support at $0.047 and a key resistance at $0.15, with a second resistance looming around $0.201. The technical indicators reflect a mixed scene: the Awesome Oscillator is slightly negative at -0.015 and the momentum indicator hovers just above zero, while the RSI at 44.56 hints at mild bearish bias. Bulls and bears continue to contest these levels, though the current clear trading range leaves little evidence of a dominant trend. Trading within the established zone offers opportunities; a bounce near $0.047 could invite short-term buys, whereas a sustained move above $0.15 might spark renewed bullish interest. Caution remains advisable as resistance near $0.201 may cap upward movement and prolong the market’s overall indecision. Ondo: A Rocky Journey with Support Levels and Bearish Momentum Ondo has experienced notable swings over recent months, with a one-month decline of nearly 18% and an over 46% drop over the past six months. The coin’s price has fluctuated within a trading range of about $0.70 to just over $1.00, showing volatility and susceptibility to sharp downturns. A brief weekly increase of 5% indicates short-term recovery efforts amid prolonged weakness, marking a period of uneven momentum and uncertainty. At present, Ondo is trading within the defined range of $0.70 to $1.05, anchored by a clear support level at $0.57 and facing initial resistance at $1.27. A secondary support is visible at $0.21, while an additional resistance looms at $1.62. The current technical indicators show that bears still exert a degree of influence. Price movement appears indecisive with no clear prevailing trend, leaving traders to weigh short-term opportunities against lingering risks. An approach may involve aiming for a potential bounce at the support level of $0.57 and testing further resistance around $1.27, while remaining cautious of false breakout signals. Injective (INJ) Market Shifts and Key Price Levels Signal Trading Opportunities Injective recorded a one-week gain of 4.31% but faced a one-month decline of nearly 13% and a six-month drop of 46%. The historical price movement indicates a pattern of brief recoveries followed by prolonged downtrends, highlighting market volatility. The coin’s performance fluctuates between short-term upticks and long-term challenges, exposing it to external pressures and inconsistent trading conditions. Currently, Injective is trading between $8.82 and $15.47, with immediate resistance at $18.81 and support near $5.50. A secondary resistance level is set at $25.47 if buyers become active. The market shows bearish tendencies, evidenced by a summary recommendation of -0.34 and an Awesome Oscillator reading of -1.65, indicating that bears dominate the market. The lack of a clear trend suggests traders consider buying on dips and exiting near resistance levels while monitoring market volatility closely. Conclusion KAS , ONDO , and INJ each show strong potential in the market. Their unique features and growth prospects make them worthy additions to any portfolio. KAS is noted for its rapid transaction capabilities. ONDO stands out for its innovative financial solutions. INJ offers exciting possibilities in the realm of decentralized finance. Including these coins could enhance portfolio performance in the upcoming market rebound. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Crypto Daily