There are now signs that the crypto market is on a path toward full recovery. After a terrible start in 2022, a lot of coins in the market have started to show positive momentum. We are at the beginning stages of a crypto rally in the coming weeks, and here is why:
Investor sentiment around major coins has improved massively.
We have seen most coins gain important momentum in the last few weeks.
Inflationary pressure and risky equities are pushing investors towards crypto.
So, if you have been waiting for this bull run for some time, there are a few coins that would be worth getting. Here they are:
Over the last week, Cardano (ADA) has been on fire. The coin has established this strong uptrend and has managed to cross past several crucial indicators. Although the coin slowed a bit over the last few days, the overall outlook remains very positive.
Data Source: Tradingview
We expect ADA to continue the upward ascend in the days ahead. It is therefore a great buy for bulls who want to ride this momentum and cash in some profits.
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Near Protocol (NEAR)
We have seen NEAR slow down even as other coins in the market rise. The coin has however managed to pick up some momentum and has since crossed past various crucial resistance zones. The only way for NEAR is up right now. As sentiment improves in the market and investors pour more capital into crypto, you can expect some positive price action from NEAR.
Internet Computer (ICP)
Despite gaining 20% over the last 7 days, ICP has also been quite slow compared to the rest of the market. We expect this to shift in the days ahead, with more gains coming in Q2. ICP has the potential to deliver at least 30% in the next bull run.