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Renowned Analysts Agree On Potentially Profitable Cryptos in Upcoming Bull Run

Renowned Analysts Agree On Potentially Profitable Cryptos in Upcoming Bull Run

CoineditionCoinedition2024/04/19 11:49
By:Ikemefula Aruogu
  • Neuner noted that investors decide on cryptos based on resilience and relative price.
  • Ben Armstrong and Ran Neuner think ONDO, TON, and TIA are set for significant rallies.
  • The analyst thinks TIA is a cheap quality token, considering how low it has dropped from the ATH.

Renowned cryptocurrency analyst Ben Armstrong has highlighted some cryptos, that Ran Neuner, the Crypto Banter host, thinks will perform well in the upcoming bull run. Armstrong offered his opinion on the identified cryptos, noting why he supports Neuner’s predictions in a recently uploaded video.

Armstrong began his analysis with Ondo, the native token of Ondo Finance, a Coinbase-backed securities tokenization project. Ondo is one of the cryptos Neuner picked on April 16 as a potential target. He emphasized the crypto token’s relative strength and recent price behavior, noting them as elements of a bullish outlook.

In his analysis, Neuner clarified that crypto investors make decisions based on two factors. According to him, they decide which token to buy based on how quickly the tokens recover from pullbacks, indicating relative strength, or based on how cheap the tokens are. He thinks the cheaper tokens have more room to recover. Hence, they could potentially offer significant profit to investors.

Neuner identified TON as another crypto token with significant upside potential. He showed in his analysis that TON is resilient, dropping only 30% during a recent pullback before recovering. He revealed that TON is only down 9% from an overall perspective amid the crypto market pullback.

For his third pick, Neuner picked TIA, the native cryptocurrency of the Celestia blockchain. He elaborated on the token’s 65% drop from all-time highs (ATH), using it as a positive element for future rallies. According to Neuner, TIA is a cheap quality token, considering how low it has dropped from the ATH. 

Armstrong supported Neuner’s analysis on TIA, noting that the crypto token has hit a local bottom and could be on the verge of a significant rally. Hence, both analysts agree on the identified tokens and the basis of their potential strength. They could either be resilient or cheap to present profitable opportunities for investors.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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