Crypto analysts say Litecoin’s momentary price spike could be the beginning of a good run as bullish momentum gradually returns. 1Fuel and Solana are other altcoins hoping to perform well during the market bull cycle. Solana eyes a return to its peak price level, while 1Fuel looks set on the path to a 1000% yield. We examine each altcoin below.
1Fuel: Best crypto buy ahead of bull run
The crypto market may soon enter its bull cycle, and 1Fuel is an excellent crypto buy during this period. The DeFi token is showing a glimpse of its good prospects on presale and may become a full-blown top token after its public launch. 1Fuel will play an essential role in DeFi, facilitating opportunities and a better user experience in its ecosystem. The promising token will also be a source of passive income and other incentives for holders, making it an essential token.
The 1Fuel features will play an essential role in seeing the token blow up. 1Fuel will provide solutions to popular concerns in DeFi, positioning itself as a go-to platform for users. This will increase the project’s adoption and the demand for the 1Fuel token. The higher the demand for 1Fuel token gets, the more the value will increase. This is because 50% of its total supply is already released to the presale, limiting the circulating supply after public launch. Smart investors should take the opportunity to purchase at presale now to enjoy high returns when 1Fuel value increases.
Litecoin to retest resistance at $150 as it eyes $200 milestone by Q2 2025
Litecoin has dropped massively from its $146.61 yearly high. However, the altcoin’s 30-day run remains green. Litecoin is still actively defending its 100+ price level and currently hovers around $108 – $110. The altcoin was initially expected to break above $150 after miners accumulated about $18m Litecoin tokens, but the market’s downtrend pushed Litecoin pushed below $110.
The Litecoin network now boasts 400k+ daily active addresses and analysts expect this to drive demand for Litecoin token. This could spur positive price actions alongside the imminent bull cycle. Hence, Litecoin could be an excellent crypto buy ahead of the new year.
Solana could reverse the current bear run as the market nears a new bull cycle
Solana has dipped by 24% from its current all-time high. The crypto coin trades at $198 presently after failing to defend its $200+ price value. While Solana is likely to surge back to $200 soon, the big task is breaking the resistance around $214.84. Analysts believe that’s Solana’s third resistance level, and it will be harder to break than the ones at $201 and $206.
If it breaks its third resistance point, Solana could surge to $220+, bringing it closer to its peak price. The altcoin is already showing a glimpse of a price rise, which could be fueled further by the imminent bull cycle. Hence, Solana is a good crypto purchase option, especially for investors with a high-risk tolerance.
Conclusion
The imminent bull cycle could see many crypto assets rally impressively. Litecoin, Solana, and 1Fuel are among these cryptocurrencies. 1Fuel, in particular, is a good crypto purchase option for investors, as it looks to yield about 1000% after presale. Join the presale now.
To Learn More about 1Fuel, visit:
Presale: https://www.1fuel.io/
Telegram: https://t.me/Portal_1Fuel
