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Altcoin prices crawled back after falling sharply in the first two days of the week. This rebound happened as Bitcoin stabilized at $100,000, raising hopes that it will resume the uptrend. So, here are some of the best altcoins to buy now that the crypto fear and greed index has fallen to 74.
Best Altcoins To Buy And Hold
Top altcoins like Solana, Mantra, DexBoss, and Ripple are some of the best coins to buy and hold.
Solana (SOL)
Solana is one of the best altcoins to buy and hold because of its strong technicals and fundamentals. Technically, the coin has formed a bullish flag pattern, which is made up of a long vertical line and a flag-like pattern. It is one of the most popular continuation patterns.
The coin has also dropped and retested the support at $210, the previous year-to-date high, which it reached in March. Solana price has also made a breakout above the neckline of the inverse head and shoulders pattern.
Therefore, there are rising odds that the coin will continue rising in the near term. One Solana price forecast is that the coin will jump to $4,000.
Solana Price Chart
DexBoss (DEBO)
DexBoss is an upcoming crypto project that will likely do well over time. It is currently in a presale, which has raised over $133,000 from investors, a trend that will gain momentum.
The developers are working on a decentralized exchange that will let users buy thousands of tokens with little slippage. Unlike most exchanges, DexBoss will have cross-chain compatibility, advanced charting tools, and decentralized securities.
There are odds that DEBO token’s performance will mirror that of other popular exchanges like Uniswap and Raydium. You can buy the DEBO token here.
Mantra (OM)
Mantra is another best crypto to buy and hold. It has already jumped by over 4,000% this year, bringing its market cap to over $3 billion. This rally happened as the concept of real world asset (RWA) tokenization. The trend gained momentum after the developers launched the Mantra Chain recently.
Technically, Mantra price has recently formed a bullish pennant pattern, a popular continuation sign. Therefore, the coin could continue rising as bulls target the next point at $5, followed by the psychological point at $10 in the long term.
Mantra Price Chart
Ripple (XRP)
Ripple is another good altcoin to buy and hold. The XRP token has already soared by over 500% in the past few weeks and has more catalysts ahead. It has already received the approval of launching the RLUSD stablecoin, which could be a game changer in the crypto industry.
Ripple’s SEC cases could disappear, while the company may decide to go public in the next few years. Also, there are odds of an XRP ETF, which will lead to more demand from investors.
XRP price is forming a bullish flag and could have a strong bullish breakout and rally to $5 in the ongoing crypto bull run.
Ripple Price Chart
Summary On The Best Crypto To Buy
XRP, Mantra, Solana, and DexBoss are some of the best altcoins to buy and hold for the long term. Other notable altcoins to consider are Cardano, Hedera Hashgraph, and Chainlink.
The post appeared first on CoinGape.