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Top 3 Best Crypto Coins to Not Miss in This Bull Run: Buy These 2x Coins Now!
As the crypto market experiences another powerful bull run, three major cryptocurrencies have proven to be essential investments: Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB).
Below is a breakdown of each coin’s current performance and the factors driving their success in the market.
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Bitcoin Next TargetBitcoin continues to dominate the cryptocurrency market in 2024, leading the charge in this bull run. Investors and analysts alike are eyeing BTC as it surpasses new resistance levels.
- Current Price: $66,002
- Market Cap: $1.64 trillion
- 24h Trading Volume: $28.25 billion
- Weekly Performance: +12.29%
- RSI: 60 (neutral, with room for further upside)
- MACD: Bullish, with the MACD line above the signal line
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Remains in a downtrend but there are improvements. It’s broken above $60K resistance and out of Symmetrical Triangle pattern and could revisit $72K.
It’s now also broken through 200-day moving average ~$64K, which would signal resumption of uptrend with upside potential to $72K. Stop Loss at $59K.
Buy Now Ethereum Next TargetEthereum’s transition to Proof-of-Stake (PoS) and the expanding ecosystem of decentralized applications (dApps) and smart contracts make it an unmissable asset in this bull run. ETH has seen substantial gains, outperforming many other altcoins.
- Current Price: $2,620
- Market Cap: $360.15 billion
- 24h Trading Volume: $15.67 billion
- Weekly Performance: +9.32%
- RSI: 58 (showing potential for further growth)
- MACD: Bullish, with growing divergence
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Price is in a Downtrend, however, there are improvements as it had a bullish breakout from Channel Down pattern, followed by a break above $2,620 resistance. Price could revisit $2,850 next. Stop Loss at $2,520.
This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. The recent launch of ETH Spot ETFs could boost demand for ETH
Buy Now Binance Coin Next TargetBinance Coin remains a top choice for investors, with Binance’s stronghold as a leading crypto exchange supporting BNB’s continued success. In the current bull market, BNB is seeing significant upward price movements, positioning it as one of the top altcoins to watch.
- Current Price: $590.67
- Market Cap: $98.7 billion
- 24h Trading Volume: $1.14 billion
- Weekly Performance: +6.15%
- RSI: 59 (approaching overbought territory)
- MACD: Bullish momentum continues to grow
Img src- Altfins
Trends are mixed but improving. Following a breakout from Channel Down pattern, price reached $600 resistance where it got rejected. Now the price is approaching that resistance again. If it clears that, it would signal a bullish trend reversal with near-term upside back to $720.
If it gets rejected here, instead, price could pull back to $500 support, which would be another swing trade entry opportunity in with +20% upside potential back to $600. Stop Loss $467.
Buy NowFor on-demand analysis of any cryptocurrency, join our Telegram channel.