The crypto tokens market is experiencing a rebound as investors anticipate a possible surge. President-elect Donald Trump’s swift actions in naming key Cabinet members have sparked optimism ahead of his inauguration on January 20. These developments are fueling speculation that certain crypto tokens could rally by up to 100% in the coming days.
Crypto Tokens: Hedera (HBAR)
Hedera (HBAR) is a widely used, sustainable public network that empowers businesses and individuals to build decentralized applications (DApps). Following a market recovery, HBAR price recorded a 7% daily increase, currently at $0.2871, marking significant momentum.
Over the past year, the token has surged by more than 260%, solidifying its position among crypto tokens with promising potential. Analysts predict HBAR could rally further, reaching $0.50 in the short term, driven by bullish market sentiment.
With rising interest ahead of key political events like Trump’s cabinet selection, HBAR might continue its upward trajectory if favorable conditions persist.
HBAR price chart: TradingView
Reserve Rights (RSR)
Reserve Rights (RSR) has recorded a stunning price of $0.0129, marking a 388.07% increase year-to-date. Its market cap stands at $694.46M, with a 6.40% daily rise and 53.83B tokens in circulation. Tracking the current market insights, the 24-hour trading volume reached $55.26M, while the FDV recorded $1.29B.
Market data pointing to the yearly chart reveals significant spikes, peaking at $0.025 before stabilizing near $0.013. With limited token supply and strong market activity, RSR remains among crypto tokens poised for potential growth, especially as key political events approach.
When coupled with the support of the coming pro-crypto president, Trump, RSR is expected to reach new levels, recording prices that will lead it past an all-time high of $0.02669.
CoW Protocol (COW)
CoW Protocol (COW) Futures Open Interest (USD) has registered varied market movements, with great rebounds at its lowest levels. According to Coinglass data, Open interest peaked around mid-December, surpassing $80M.
Price movements showed correlation, with notable increases during December’s spikes, reaching over $1.00 per token. After December, both open interest and prices saw a slight dip, stabilizing below $20M and $0.60, respectively.
With such a price rebound, observations point that COW is on the verge of a rally, heading to 100% gains together with other crypto tokens before President-elect Donald Trump takes over the White House.
Source- Coinglass
Aave (AAVE)
Aave has exhibited a clear ABC correction on the 8-hour chart, with five distinct waves forming within the C wave. These technical movements suggest a structured market behavior, indicating potential momentum shifts. An 8-hour bullish divergence appears to be developing, supported by consistent upward patterns observed across key indicators. At the time of writing, the AAVE price is trading at $294, with a 10% surge over the past 24 hours.
This divergence suggests that Aave’s market position will strengthen if current trends persist, as Trump is expected to take over the office. The structured wave formation and divergence align with a T1 setup, emphasizing Aave’s well-defined technical outlook, making the crypto token expected to get great gains up to 100% from its current levels.
Source: X
SushiSwap (SUSHI)
SushiSwap (SUSHI) is trading at $1.44, marking a 10.1% increase in the last 24 hours. The token’s market cap of $277 million positions the digital asset among the top contenders in the market, as its fully diluted value amounts to $402.62 million. The trading volume over 24 hours reached $84.12 million.
Market analysts have noted that SushiSwap has completed a double bottom formation on the monthly timeframe and is currently testing its neckline. Based on the analyst observations, key price targets include $3.925 for the first target, $8.695 for the second, and $13.790 for the third, with more great cast values.
Conclusion. The crypto tokens market appears primed for a potential rally as President-elect Trump’s Cabinet announcements fuel speculation. Investors are eyeing these tokens for growth opportunities, with the potential for substantial gains by January 20.
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