Best Crypto To Buy Right Now Amid Bitcoin Targeting $64K Breakout!
The post Best Crypto To Buy Right Now Amid Bitcoin Targeting $64K Breakout! appeared first on Coinpedia Fintech News
With the growing anticipation of the crypto market hitting the $3 trillion mark in the next bull run, the altcoin segment is heating up. As the altcoin bull run and Bitcoin scaling new heights will boost the crypto market, smart investors are looking for next-gen top-performing crypto.
With the altcoin market revealing top performers preparing for a trend reversal rally, here are the top 3 altcoin picks to buy before the next bull run.
Best Crypto To Buy Now: SEI (SEI)With a bullish market and a long-coming resistance trendline, the SEI crypto shows a breakout rally at play. Further, the recovery rally surpasses the 50-day and 200-day EMA to exceed the $0.45 mark.
As the bull run in the SEI crypto accounts for almost 70% in the last 12 days, the bull run surpasses the 23.60% Fibonacci level. Further, the uptick in the 50-day EMA teases a golden crossover.
Based on the price action, the reversal rally in the SEI token price could reach the 50% Fibonacci level at $0.64.
Starknet (STRK)Following the massive correction phase, starting from $2.671 to the bottom support at $0.34, the STRK bulls are making a comeback. With a sideways shift in the downtrend, the bullish recovery in STRK crypto breaks the consolidation range.
Currently, the bullish recovery shows a crossing above the 50-day EMA and a bullish engulfing candle of 10.98%. The STRK crypto trades at $0.485 and is ready to reclaim the $0.50 psychological mark.
The MACD and signal lines are gaining momentum with a boost in positive histograms. Further, based on the Fibonacci levels, the uptrend is likely to challenge the 50% level at $1.50.
Injective (INJ)With a falling channel breakout rally in the daily chart, the bull run in Injective is gaining momentum. The INJ crypto price surpasses the 200-day EMA and increases the golden crossover chances.
Further, the MACD indicator shows a boost in the trend momentum. The INJ crypto price is trading at $23.69 and shows an intraday gain of 5.53% to create a bullish engulfing candle.
Based on the Fibonacci levels, the uptrend is ready to give a strong closing above the 23.60% level at $23.52. Hence, with a breakout run, the INJ price is likely to hit the 78.60% level at $44.
Is It The Best Time To Buy Crypto?With the breakout rally gaining momentum for the mentioned cryptos, the bulls are ready for a massive run. Further, these tokens are ranked as top 24-hour performers and rank in Lunar Crush’s Altrank. Hence, with the impending broader market bull run, this is the best time to buy crypto.
Curious if Bitcoin will reach $100K this year? Find out now in Coinpedia’s Bitcoin (BTC) Price Prediction for 2024-2030.