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Cryptocurrency investment is increasing day by day. Today we are going to look at the top 10 penny cryptocurrencies that will explode. We are going to look at the top 10 penny cryptocurrencies as well as where to put their stop-loss. We will also see where their perfect entry will be and where the exit will be. Following are the top 10 penny cryptocurrencies that will explode.
1 Penny cryptocurrencies that will explode – Shiba Inu Coin
Shiba inu started out as a joke coin created for the community but has quickly turned into a multi-billion dollar project that would probably fall under the speculative category.We all know the Shiba Inu coin has been very trendy in the last few months. A lot of people got good returns by investing in it. The base price of the Shiba Inu coin was $0.00000668 in September 2021 and in October 2021 it was $0.00008888 in one month. This means that in just 1 to 1.5 months, Shiba Inu gave 1234% returns.
But now once again this Penny cryptocurrency that will explode-Shiba Inu coin is taking the support from his strong support zone ($0.00002174) from March 2022. So the best buying zone to buy penny cryptocurrencies that will explode is after breaking $0.00002848 Shibu INU’s first target will be $0.00003293.Profit booking may be coming after touching this level. Once Shibu Inu break the $0.00003293 level and if the price will sustain on this Shibu Inu’s next Target will be $0.00004000. $0.00004000 level is a psychological level.
To know about Market Cap, Volume, New Projects, Circulating Supply, and more details of these penny cryptocurrencies check CoinMarketCap.
Resistance Level- Next All-time high
2 Next penny cryptocurrency to explode in 2022/2023 is – CARDANO-ADA Coin
Cardano is a blockchain, while Ada is a cryptocurrency that lives on the Cardano blockchain. In other words, Cardano is home to the Ada cryptocurrency. And while the Cardano blockchain can be used to send and receive ADA, it will also host smart contracts and applications. Cardano shares many of its roots with Ethereum. But although it is similar to Ethereum, Cardano’s smart contract platform operates much differently.
Ada is a proof-of-stake coin that fuels Cardano. Its purpose is to provide a quick and secure transfer of value and to allow users to operate smart contracts and applications. The maximum supply of Ada coins that will ever be created is capped at 45 billion.
Cardano coin’s current price is $0.951 this coin makes Lower Lows from all-time high levels. Cardano coin’s next Support will be $0.789 this is a very crucial support level for Cardano. and the first resistance level is $1.200.If the price will break this resistance level and sustain for a couple of days on this then we can see $1.60 levels also this will be our First Target.
For Investors who want this coin at a good price to invest in it, wait for some price action Cardano Coin maybe take support from the $0.789 level. This is a very good level to Invest in Cardano.
Support Level- $0.789
Resistance Level. – $1.200
3 Next penny cryptocurrency to explode in 2022/2023 is Ripple XRP Coin
Ripple Net is a fintech enterprise solution for financial institutions that lets users send, receive, hold, and move currencies across borders faster and more reliably. RippleNet solves the current problem with legacy banking systems and networks, which are fragmented and slow. Many of these networks are not unified across banks, and each system has not seen any major innovations for decades.
This is where RippleNet comes in. The Ripple network is fast, secure, and can settle transactions in 3 to 5 seconds from anywhere in the world, much faster than both Bitcoin and Ethereum. It is highly scalable, handling 1,500 transactions every second, with the potential to scale to the same speeds as the Visa payment system.
Ripple Xrp coin taking Support from Trendline, Xrp coin current price is $0.7719. If Investors or Swing traders want to go long(buy) Xrp coin then they can put their Stop Loss under this trendline shown in Chart. Ripple Xrp’s first Target will be $0.91574. If the price sustains at this level for a couple of days then the next target will be $1.32695 and the last target will be an all-time high.
Support level- $0.56842
Resistance level- $0.91574
4 Next penny cryptocurrency to explode in 2022/2023 is Stellar XLM Coin
Stellar is the network, Lumens are the blockchain’s native tokens and XLM is their market abbreviation, the so-called ticker. Stellar’s goal is to bridge the gap between cryptocurrencies and fiat currencies, by using the best of the two worlds: Fiat’s wide adoption and the blockchain’s decentralization and speed of transactions. Unlike other projects, it doesn’t look to replace fiat currencies, but instead to bring them into the new era of borderless, nearly instant and virtually feeless transactions.
Stellar is an open-source network for currencies and payments. It was co-founded in 2014 by Jed McCaleb, who previously founded Ripple, and, and the network was launched in 2015. That’s even before Ethereum! Stellar allows its users to send dollars, euros, pesos, yens, and potentially any other currency to anyone with a Stellar address, anywhere in the world, with practically zero fees and in just a few seconds
Stellar Xlm coin is currently going sideways for the last couple of days. Stellar coin’s strong support will be $0.1246 this is strong support for this coin. Once the price will sustain on the currency rate of $0.2052 next Resistance will be $0.2582. If the Ripple coin break this resistance level and the price will sustain on this then the next target will be $0.4373.
Support Level- $0.1246
Resistance level- $0.2582
5 Next penny cryptocurrency to explode in 2022/2023 is Solana Coin
Solana has a block time of 400 milliseconds which means they are very fast especially when you compare that to Ethereum’s block time of 10 seconds or bitcoins 10 minutes. Solana boasts that they can handle up to around 710 000 transactions per second which is like 30 times the amount that visa currently handles although they’ve never actually been able to go past 50 000 in the past this doesn’t mean they can’t do 710 000.
So the Solana network is fast it’s monstrous and it’s also cheap. Solana is still in the beta stage so if you’re an investor or want to develop a dap for them you should definitely know that.
Solana coin’s first support will be $126 may be Solana takes support from this level. If Solana coin breaks this support then the last support will be $109. As we know Solana coin is falling from $188 so this price will be strong resistance for Solana Coin. If Solana breaks this resistance then the next target will be $277.
Support Level- $109
Resistance Level- $188
6 Next penny cryptocurrency to explode in 2022/2023 is Terra-Luna Coin
Terra-Luna is a proof-of-stake blockchain intended to maximize the potential advantages of crypto for the financial world focusing on both a mass payment processing system as well as a creation of a useful stable coin. Tarra has other cool features that definitely set it apart from other cryptocurrencies and even from other financial processes and products.
Terra coin’s current price is $81 and Terra Luna coin’s next strong support will be $77 if the price will fall price this range then might be big fall will come in Terra Luna coin. Terra coin Resistance target will be $120. If the price will continue to uptrend then the Terra coin will touch all-time high levels.
Support Level- $77
Resistance Level- $119
7 Next penny cryptocurrency to explode in 2022/2023 is – HoloHOT
The current price of a HoloHOT coin is $0.005012 (Apr 2022). The HoloHot coin has once again taken support from its most important support zone is $0.007192 to $0.007480 level. Earlier in September, the same level was supported by HoloHot coin.
Now Holohot price dropped from $0.015580 to $0.003604 from November 2021 to March 2022. Holohot coin takes support from this level and turns back now this coin trading means the current price is $0.005000.So next Resistance level as we can say our first target will be $0.007475. If the price will sustain at this level then our next target will be $0.015580. So this is also a penny cryptocurrency that will explode. Read How to trade cryptocurrency and make a profit.
Learn more about this coin on CoinMarketCap.
Support Levels– $0.004000 to $0.003600
Resistance Level– 1st- $0.007475 , 2nd – $0.015580 and next will be Next All-time high
8 Penny cryptocurrency that will explode in 2022/23 is -VeChain VET
The VeChain ecosystem is built on top of the VeChain Thor blockchain. – a unique dual-token system made up of the VeChain Token, or VET, and the VeThor power token, VTHO. It’s a proof of stake economy that rewards VeChain holders with VeThor tokens. This means if you hold VeChain tokens, you’re entitled to VeThor tokens based on the number of VET tokens you hold.
VeChain News VeChain was created in 2015 and is one of the older projects in blockchain, originally running as an ERC20 token on the Ethereum network named VEN.The VeChain (VET) token is the store of value and currency in the VeChain ecosystem. The VTHO (VeThor) token acts as the energy or, power, to make transactions on the VeChain network.
VeChain VET has again taken previous support from the level of $0.08283. And most importantly, the VeChain VET coin had earlier taken support from the same level in September 2021. This coin is very trending so a large number of investors are investing in it. If you are looking for a Penny cryptocurrency that will explode in 2022-2023, then you can choose this coin option.
Now current price of Vchain Vet is $0.06133.This is very strong support for this token if this coin break this level then the next Vchain Vet coin support will be $0.03807.Once the price will sustain at the current level then Vchain Vet’s first target will be $0.08535.
Know more about this coin on CoinMarketCap.
Support Levels- $0.03807
Resistance Level- $0.8535
9 Next penny cryptocurrency to explode in 2022/2023 is -XDC Network
Today’s market price of the XDC Network coin is $0.08633(December 2021). The XDC Network coin has supported the $0.06653901 level and the coin has moved upwards. Now the coin is near the next resistance level $0.08596000. If this coin breaks its resistance level and if the price will sustain on this level, then this penny cryptocurrency that will explode can go upwards.
Learn more about this coin on CoinMarketCap.
Support Levels- $0.06653901
Resistance Level- $0.08596000
10 What will be the next cryptocurrency to explode- Ravencoin
The The currenct price of Ravancoin is $0.05500 this coin is traded in a zone from $0.05500 to $0.7952. If this coin will break this level then the first target will be $0.07952 and support will be $0.4789 if Ravancoin breaks this support then might be a big fall will come.
As a result, anyone who wants to invest in a coin has to wait for the resistance level to break and for the price to stabilize. If the price is sustainable then this penny cryptocurrency will explode in 2022/23. know more about Ravencoin on CoinMarketCap.
Next cryptocurrency to explode 2025
If you pay close attention to the 5 penny coins you see, their important support and resistance, if you pay close attention to all these coins, one of these coins can be the Next cryptocurrency to explode in 2025 in the next 5 years.
Keep an eye on all these coins and follow all their social handles. Following all these coins on social media keeps you updated about his new projects. So follow these all coins especially on Twitter.
All you need to do is have a crypto exchange account to invest and trade in these coins. So open your free account today in the exchange with the highest value for free.and read more about what is cryptocurrency?
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Disclaimer – In this blog we do not give or encourage any kind of financial advice.