In the current bear market, there are some of the best altcoins that have the potential to surge if Bitcoin (BTC) recovers to the $60,000 level. These altcoins are currently trading at a discount and whales are betting big on them.
The 3 Best Altcoins to Buy
Solana (SUN)
Solana (SOL) is the world’s fifth largest cryptocurrency and is currently trading near the critical support level of $127. It has been moving in a parallel channel pattern between $125 and $190 since March 2024. However, SOL is currently at the bottom of the channel pattern. Based on past price momentum, there is a high possibility that it will surge up to 40% to reach the upper band of the channel pattern, which is the $190 level.
Ripple (XRP)
XRP is also a top cryptocurrency and has been gaining significant attention from traders and investors following its recent victory over the U.S. Securities and Exchange Commission (SEC). It is currently trading above the 200 Exponential Moving Average (EMA) on a daily basis, indicating an uptrend.
Based on the price action, XRP should form a bullish reversal head and form a price action pattern and a bullish double bottom pattern. Currently, it is trading at lower levels due to bearish market sentiment. However, if sentiment changes, the price is likely to surge by more than 30% to $0.74.
Dogwipart(WIF)
Dogwifhat (WIF) is the world’s fourth largest crypto meme coin, and has seen its price drop by more than 68% from its all-time high due to bearish market sentiment. It is currently trading near the important support level of $1.40.
Since June 2024, WIF has revisited this level several times, each time with a price surge of at least 30% from this level. Based on past price momentum, it is likely that WIF will surge at least 30% and up to 90% in the coming days to reach the $2.92 level.