Crypto News Bulletin from bitzo

Thursday March 6, 2025 7:42 PM
5 days 17 hours ago

The 3 Best Mid-Term Cryptos for Investment Before the US Crypto Summit


With the US Crypto Summit fast approaching, all eyes turn to potential breakout stars in the digital currency world. Recent news highlights President Trump's planned crypto summit at the White House, sparking fresh anticipation around new legislation that could accelerate institutional adoption and trigger substantial price movements. This article delves into three promising cryptocurrencies poised for mid-term growth—find out which coins are catching analysts' attention ahead of this pivotal event. BNB Price Surge and Key Level Battle in a Mixed Market BNB dropped about 2% over the last month while showing a strong six-month gain of roughly 24%. The coin maintained a trading range from around $487 to $711, reflecting some short-term weakness followed by solid long-term recovery. Price action over these periods revealed steady, if uneven, momentum that set the stage for potential moves as traders adapted to minor setbacks and overall robust performance. Current levels present clear markers with support near $385 and resistance at about $834. The market lacks a defined trend as bearish signals from oscillators mix with long-term strength. In this setting, traders may look for breakouts above resistance or tests of support to decide on entry and exit points. Ethereum Market Trends and Key Levels Ethereum experienced a sharp decline over the past month with a 20.30% drop, while its six-month performance managed a modest 3.30% gain. The price has shown volatility, oscillating within a range of $1766.31 to $3020.97, reflecting both recent bearish pressure and some underlying resilience over time. Recent weekly changes seem less dramatic, hinting at short-term consolidation following the downturn. Current price action centers around key levels with support at $1294.44 and resistance near $3803.76, while a second resistance at $5058.42 offers an upper boundary. Bears currently dominate with negative momentum readings and an oscillator at -340.37, making this range a cautious area for trading opportunities. SUI Price Analysis: Recent Declines Amid Long-Term Gains Over the past month, SUI underwent a sharp 25.70% loss even as it recorded an impressive 224.35% gain over the last six months. Price fluctuations marked recent activity, yet the long-term surge shows underlying strength and potential, reflecting a resilient performance despite near-term pullbacks. SUI currently trades between $2.11 and $3.83 with immediate resistance at $4.83 and support near $1.40. Oscillators at -0.45 and an RSI of 41.50 indicate weak momentum amid cautious sentiment, with bears holding short-term sway. Traders might consider buying near support and looking to sell as the price nears resistance, while watching for any shift in trend. Conclusion BNB , ETH , and SUI show strong potential for mid-term investment. BNB offers robust performance with its connection to Binance. ETH remains a solid choice due to its widespread use and ongoing upgrades. SUI stands out with innovative features and growing interest. These three cryptos present promising options ahead of the US Crypto Summit. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

TRADING|BNB|SUI|ETH|MARKET