cryptocurrency The market completed this week on a horizontal course. Even the greed and fear index points to a neutral market zone with no direct signs of a bull rally. With investors focused on selling their assets, there are several cryptocurrencies to consider buying before the market recovers.
Bitcoin
Bitcoin, undoubtedly remains the most preferred cryptocurrency due to its earnings history. It is currently trading at $63,056 after a slight decline earlier, but analysts believe it could rise above the $100,000 range once the bull run begins.
It recently created a new all-time high of $73,750 after moving beyond the previous target of $69,000. The next target is wanted to be much higher.
solana
solanahas become very popular lately due to Solana-based meme coins taking over the crypto market with huge profits even in slow markets. The price is currently trading at $136.78 and analysts believe it could rise above $200 in the coming weeks.
BinanceCoin
Despite Binance and Changpeng Zhao’s ongoing legal troubles with US regulators, the token is rising among all other top cryptocurrencies. It is currently trading at $588.92 and is just 14% away from its all-time high target.
Being a token of the Binance exchange has helped BNB in many ways. It also ensures constant demand for the token in the crypto industry. Once the market situation becomes favorable, analysts believe that BNB could rise above the $700 mark.
April wasn’t the best for cryptocurrencies, but the market is slowly getting back on track. As May approaches, expectations are high for the coming month. It remains to be seen what the month will look like for all cryptocurrencies.
