Key Insights
- The crypto market has been consolidating so far, with most coins remaining stagnant.
- Despite the issues, some assets seem poised to continue upward, even towards 2025.
- Those crypto assets include Shiba Inu, Kaspa, and a new cryptocurrency in its presale phase, Yeti Ouro.
The crypto market has spent most of the year consolidating, with Bitcoin trading underneath its previous all-time high. The crypto has had its moments of ups and downs but has remained relatively stagnant in the last six months.
However, despite the ongoing crab walk, several cryptocurrencies are poised to maintain an upward trend until next year. Some of these include Kaspa, Shiba Inu, and, of course, the new cryptocurrency on the block, Yeti Ouro.
Let’s see how these price actions will play out.
Shiba Inu
According to the charts, Shiba Inu broke out of a falling wedge formation recently. That is interesting, considering its position within this formation between March and August.
As shown in the charts, the cryptocurrency successfully broke out on 23 August. However, the expected price explosion to the upside has still not happened yet.
There are several interesting things about Shiba Inu. The first is that according to the Fibonacci retracement tool, it has broken above a major resistance around $0.00001575.
The memecoin is now looking to close above this price level and flip it into support.
With this being said, if the bulls can keep up the momentum, Shiba Inu will climb upwards, even in 2025. Some major price levels to keep an eye out for include $0.00002215, $0.00002665, $0.00003114, $0.00003670, and $0.00004569.
Kaspa
According to the charts, Kaspa is another top contender for the most bullish cryptocurrencies on the market.
The chart above shows that the cryptocurrency has been through its fair share of ups and downs. However, through it all, Kaspa remains on an ascending trendline.
This indicates that it is overall bullish and should continue upwards until further notice. Or, at least until a new lower-low forms on its charts.
Yeti Ouro ($YETIO)
Yeti Ouro is currently in its presale phase and is selling for $0.012—emphasis on “selling” because it is going fast. Millions of tokens have already been sold so far as investors rush to take advantage of its 10% discount for early adopters.
$YETIO is on the rise, showcasing the potential to reach a staggering $250,000 in just the third week of its presale. The cryptocurrency is an Ethereum-based memecoin. It is also the native token of the upcoming Yeti Go game, which is currently in development.
Yeti Go, in particular, was born out of a pressing need: To apply the power of blockchain and the gaming ecosystem to everyday interactions.
It is an action-packed racing game that is presently under development. It also features P2E mechanics and runs on Unreal Engine 5. In addition, it also offers players one of the best racing experiences possible among available web3 games.
These include state-of-the-art visuals, rewards, and competitive races to the finish line. Â
Overall, this massive real-world utility will undoubtedly help $YETIO climb higher on launch. It will also give it a chance to increase in price towards 2025.
Website: www.yetiouro.io
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