The cryptocurrency market has been swimming in volatile waters. Several assets have been pocketing gains while a few others have been moving slower than the others. Bitcoin [BTC] is a long way from its all-time high of $73,750.07, but it has been trying to achieve the $60,000 milestone for now.
Investors were anticipating a strong start to the year’s third quarter. But due to increasing selling pressure in the cryptocurrency market, things did not go as planned. Despite a rocky start, it is still possible for certain assets to soar this quarter.
3 Strong Assets in Q3 2024
Polygon [MATIC] – With a trading volume of $258.41 million, MATIC’s price surged by 1.24% over the last day. In addition, this Ethereum-based altcoin fell 21% during the last month and 6.40% over the previous week. At press time, the cryptocurrency was trading at $0.5053. Bulls in the MATIC market will regain momentum and get ready to challenge the asset’s upper resistance level of $0.69. This is only if the market maintains the price above its critical support level of $0.50.
Render [RNDR] – With a rise of almost 5% over the past 24 hours, the price of RNDR has managed to pick up steam. Currently, the cryptocurrency is trading at $6.60. Since this AI token has solid foundations and is now selling at a discount of more than 50%, it is a great chance to stack additional tokens. The asset may try to test its upper resistance level of $9.450 in July if the cryptocurrency market sees favorable price movement during the coming days. But the RNDR coin price may drop to its $5.30 low if there is unfavorable market movement.
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Pepe Coin [PEPE] – Prominent meme coin PEPE has surged to the top of the crypto gainers list in the last 30 days. It is now among the top 50 by market value. It has a good chance of becoming a cryptocurrency in Q3 2024, with a 100x probability. The coin has increased in value by 752.44% in the last six months, showing strong demand. PEPE has increased by 15.52% over the last week and by 90.97% over the last month. At press time, the asset was trading
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