With Bitcoin’s impressive rally, the altcoin market is poised to follow suit. Altcoins often follow the big fella in the market rally and they could deliver returns that could put even biggies like BTC and ETH to shame.
Below are top best altcoins to buy, each with updated metrics and analysis.
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Chainlink (LINK Crypto Price Analysis)
- Price: $14.16
- Market Cap: $7.89 billion
- 24-Hour Trading Volume: $420 million
- Circulating Supply: 556 million LINK
- Total Supply: 1 billion LINK
Bullish breakout from Ascending Triangle, above the triangle resistance of $13.00 and 200-day moving average ($13.40), signals resumption of Uptrend, with upside potential to $15.00 or even $16.50. Price is now retesting that breakout level.
We would be buyers on pullback to $13.00 level. Stop Loss at $11.70.
Solana (SOL Crypto Price Analysis)
- Price: $215.08 per SOL.
- Market Cap: Approximately $89.32 billion.
- 24-Hour Trading Volume: $4.1 billion.
- Circulating Supply: 260 million SOL.
- Total Supply: 489 million SO
Following a breakout from Ascending Triangle, above the triangle resistance of $160, price has rallied above $210 for +30% gain. That’s a 52-week high. Next, it could revisit ATH at $260. Price is now overbought (RSI > 70), hence, near-term, we could see it pause here on some profit taking.
We would patiently wait for a pullback opportunity to $190 for a swing trade entry in Uptrend.
Internet Computer (ICP Crypto Price Analysis)
- Price: $9.2
- Market Cap: $4.3 billion
- 24-Hour Trading Volume: $260 million
- Circulating Supply: 466 million ICP
- Total Supply: 497 million ICP
Price bounced off of $6.80 support and has now broken above $9.00 resistance and 200-day moving average (also resistance), which signals resumption of uptrend, with +15% upside potential to $10.50 next. Stop Loss at $7.68.
Conclusion
Bitcoin’s rally often acts as a catalyst for the broader crypto market. Chainlink, Solana, and Internet Computer stand out as high-potential altcoins, each one capable of delivering substantial gains.
Investors looking to capitalize on the next wave of market gains should consider these altcoins for their portfolios.
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