In March, all cryptocurrencies had the opportunity to gain new highs and offer high returns. So, it has been one of the bullish months for the crypto market. Although the ongoing month has been quite favorable for altcoins, the trends have changed. Thus, the bears began to take on the bulls. Amidst this chaos, most altcoins are in decline. This provides the opportunity to buy at a low price and sell when conditions become favorable. Crypto expert Pooja Khardia says some of these have consolidated since March. In this context, the expert shares 3 altcoins that can be purchased before they rise for the first time since March.
First ranked altcoin: Avalanche (AVAX)
Avalanche is a popular blockchain network and its native token, AVAX, is among the top altcoins on the market. The altcoin project is ranked 12th on CoinmarketCap and has a market capitalization of $11.8 billion. During this summer, the price of AVAX is at $30.20. Meanwhile, it is worth noting that the all-time high for the token is $146.22. AVAX has fallen steadily since March, when it rose to this level. However, this is about to change as the upcoming bull market situation will push this altcoin to March highs.
In second place is Justin Sun’s TRON (TRX)
After its decline at the end of May, TRON slowly rose this month and attracted the attention of investors. TRX price is currently at $0.1152 with a market cap of 10 Billion. This places it among the top 15 altcoins. It rose as high as $0.1422 in early March. But that was still half the all-time high target of $0.3004 set six years ago. TRX could target a value close to ATH, with analysts predicting a price rally in the coming quarters with the altcoin season.
Last ranked altcoin: Brett (BRETT)
Brett is already rallying higher than March because he was new to the market at the time. It is currently at its highest level. cryptokoin.comAs you follow from , it hit its all-time high target of $0.1939 just a week ago. Brett price then lost altitude and moved away from it. The altcoin is 28% away from the ATH at its current value of $0.1413. However, there is a high probability of a recovery or an even larger price rally due to increased demand in the market.
Many other altcoins have been waiting for a similar rally since March to maintain their value after weeks of losses. The ongoing market conditions are not the most conducive for rallies, but once the market recovers, Avalanche, TRON, and BRETT will be the first altcoins to rise.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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