Daily crypto opportunities: DASH dilemma and SOL bull cycle

Explore the thrilling realm of crypto opportunities with the buidlbee team, where every day holds the promise of wealth generation and financial growth. Here’s what we found for you today.

Opportunity #1. $DASH: to short or to long, that is the question

The previously known old coin DASH is expected to undergo halving on June 23, and that’s a big date for any PoW cryptocurrency (kind of like New Year’s Eve for the average person). But in the case of DASH, the situation is very controversial; the SEC listed it as a security, so the asset has already collapsed a lot.

On the other hand, the approaching halving is already starting to stimulate growth. This coin tries to grow even despite strong FUD. For example, this altcoin rose 4% in the past 24 hours. So, we might consider this a short-term speculation because there is not much time left before the halving and most likely we will see more expressed growth impulses in the nearest week.

Opportunity #2. SOL bull cycle 

According to the technical analysis of CryptoCheck, Solana has great growth potential. And there are several reasons for this:

— SOLUSDT is in an Accumulation Phase based on Macro Cycle analysis.

— SOLUSDT established a clear bottom with CryptoCheck START v3.5 RSI showing oversold.

— SOLUSDT is trading range bound after the bearish cycle has completed.

— According to market cycle/phase analysis, the next step to follow is the bullish cycle.

— Clear support zone and resistance zone ranges can be identified by using Technical Indicators.

And even if the value of the asset is low in the near future, the next cycle will be bullish, the expert believes. One just needs to be patient.